Fishing Equipment - Taiwan
Taiwan- In Taiwan, the revenue in the Fishing Equipment market for 2024 is estimated to reach US$313.7m.
- It is projected to experience an annual growth rate of 2.51% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this market, amounting to US$6.2bn in 2024.
- In terms of per person revenues, each individual in Taiwan is expected to generate US$13.10 in 2024.
- Taiwan has emerged as a major player in the fishing equipment market, with its innovative and high-quality products gaining popularity worldwide.
Definition:
Fishing equipment refers to tools and accessories used for catching fish in various water bodies, such as oceans, lakes, and rivers. The equipment can be broadly classified into two categories: tackle and gear. Tackle refers to the fishing rods, reels, lines, hooks, and lures, while gear includes accessories such as nets, waders, fish finders, and tackle boxes. The fishing equipment market is highly dependent on factors such as the popularity of recreational fishing, technological advancements in equipment design, and the availability of fish species.
Additional Information:
The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Newell Brands, Shimano, Rapala VMC, and Pure Fishing. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Hooks and lines
- Lures and bait
- Reels and rods
- Fish landing nets
- Other fishing equipment
Out-Of-Scope
- Fishing vests, pants, and other sports apparel
- Rubber boots and other sports footwear
