Asia Pacific Fishing Reels Market Size & Outlook
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Asia Pacific fishing reels market highlights
- The Asia Pacific fishing reels market generated a revenue of USD 583.0 million in 2019.
- The market is expected to grow at a CAGR of 4.9% from 2020 to 2027.
- In terms of segment, spinning reel was the largest revenue generating product in 2019.
- Spincast Reel is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 583.0 million |
| Market revenue in 2027 | USD 856.9 million |
| Growth rate | 4.9% (CAGR from 2019 to 2027) |
| Largest segment | Spinning reel |
| Fastest growing segment | Spincast Reel |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinning Reel, Baitcasting Reel, Spincast Reel |
| Key market players worldwide | Orvis, Shimano Inc, Okuma Corp, Penn Fishing Tackle, Floyd Pflueger & Ringer |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 13.6% of the global fishing reels market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 856.9 million by 2027.
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Fishing Reels Market Scope
Fishing Reels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Floyd Pflueger & Ringer | View profile | - | Seattle, Washington, United States, North America | https://floyd-ringer.com/ |
| Penn Fishing Tackle | View profile | 1-10 | Spirit Lake, Iowa, United States, North America | http://www.pennfishing.com |
| Shimano Inc | View profile | 13240 | 3-77 Oimatsu-cho, Sakai-ku, Sakai, Osaka Prefecture, Japan, 590-8577 | https://www.shimano.com |
| Orvis | View profile | 1001-5000 | Roanoke, Virginia, United States, North America | http://www.orvis.com |
| Okuma Corp | View profile | 4289 | 5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, Japan, 480-0193 | http://www.okuma.co.jp |
Asia Pacific 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 35.56% in 2019. Horizon Databook has segmented the Asia Pacific fishing reels market based on spinning reel, baitcasting reel, spincast reel covering the revenue growth of each sub-segment from 2016 to 2027.
- Asia Pacific Fishing Reels Product Outlook (Revenue, USD Million, 2016-2027)
- Spinning Reel
- Baitcasting Reel
- Spincast Reel
- Others
- Asia Pacific Fishing Reels Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Online
- Offline
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Target buyers of Asia Pacific fishing reels market databook
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Our clientele includes a mix of fishing reels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fishing reels market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fishing reels market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific fishing reels market size, by country, 2016-2027 (US$M)
Asia Pacific Fishing Reels Market Outlook Share, 2019 & 2027 (US$M)
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