Global Fishing Reels Market Size & Outlook, 2019-2027

The fishing reels industry worldwide is expected to reach a projected revenue of US$ 5,889.4 million by 2027. A compound annual growth rate of 4% is expected of the worldwide fishing reels industry from 2020 to 2027.
Revenue, 2019 (US$M)
$4,290.2
Forecast, 2027 (US$M)
$5,889.4
CAGR, 2020 - 2027
4%
Report Coverage
Worldwide

Global fishing reels market highlights

  • The global fishing reels market generated a revenue of USD 4,290.2 million in 2019 and is expected to reach USD 5,889.4 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 4% by 2027.
  • In terms of segment, spinning reel accounted for a revenue of USD 1,443.3 million in 2019.
  • Spincast Reel is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 4,290.2 million
Market revenue in 2027USD 5,889.4 million
Growth rate4% (CAGR from 2019 to 2027)
Largest segmentSpinning reel
Fastest growing segmentSpincast Reel
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationSpinning Reel, Baitcasting Reel, Spincast Reel

Other key industry trends

  • In terms of revenue, the North America accounted for 60.4% of the global fishing reels market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 75.0 million by 2027.

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Fishing Reels Market Companies

Name Profile # Employees HQ Website

Global fishing reels market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fishing reels market will help companies and investors design strategic landscapes.


Spinning reel was the largest segment with a revenue share of 33.64% in 2019. Horizon Databook has segmented the Global fishing reels market based on spinning reel, baitcasting reel, spincast reel covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Fishing Reels Product Outlook (Revenue, USD Million, 2016-2027)
    • Spinning Reel
    • Baitcasting Reel
    • Spincast Reel
    • Others
  • Global Fishing Reels Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Online
    • Offline

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Horizon Databook provides a detailed overview of global-level data and insights on the Global fishing reels market , including forecasts for subscribers. This global databook contains high-level insights into Global fishing reels market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global fishing reels market size, by region, 2016-2027 (US$M)

Top 10 countries: Fishing reels market size, 2019 (US$M)

Global fishing reels market share, by product, 2019 & 2027 (%, US$M)

Fishing reels market: Opportunity assessment by country

Global fishing reels market, by region, 2019 (US$M)

Global fishing reels market size, by region, 2016-2027 (US$M)

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