Angling & Hunting Equipment
Angling & Hunting Equipment Market by Product Type (Fishing Equipment, Hunting Gear), Material Used (Composite Materials, Metal, Plastic), Distribution Channel, End User - Global Forecast 2025-2030
SKU
MRR-434CCDA04313
Region
Global
Publication Date
February 2025
Delivery
Immediate
2024
USD 636.35 million
2025
USD 683.83 million
2030
USD 989.14 million
CAGR
7.62%

The Angling & Hunting Equipment Market size was estimated at USD 636.35 million in 2024 and expected to reach USD 683.83 million in 2025, at a CAGR 7.62% to reach USD 989.14 million by 2030.

Angling & Hunting Equipment Market
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The scope of the Angling & Hunting Equipment market encompasses a variety of gear and accessories used in recreational fishing and hunting activities, including rods, reels, lures, firearms, ammunition, and apparel. This sector is vital, catering to both sports enthusiasts and conservationists, and fulfills needs for recreation, sport, and sustenance. Its end-use spectrum spans from casual hobbyists to professional competitors. Market growth is significantly influenced by increased recreational spending, a rising interest in outdoor activities, awareness of sustainable hunting and fishing practices, and technological advancements leading to more efficient and user-friendly equipment. Recent trends emphasize eco-friendly materials and smart technology integration, such as apps linking to devices for better fish tracking or electronic game calls that increase hunting efficiency. One promising opportunity is the integration of virtual reality (VR) for training and simulation purposes, offering realistic experiences while minimizing environmental impact. However, the market faces several limitations and challenges, including strict environmental regulations affecting product design, a decline in hunting permits due to changing societal attitudes, and concerns over wildlife conservation affecting equipment demand. Furthermore, economic constraints can impact consumer spending on non-essential recreational items. Innovative areas primed for exploration include the development of biodegradable fishing lines, advanced sonar technology for fish detection, and AI-driven game scouting cameras. In addition, companies could invest in community-building platforms that encourage a new generation of hunters and anglers. Research and development geared towards enhancing the durability and performance of lightweight, portable equipment will be key to remaining competitive. The market is predominantly stable but characterized by seasonal demand fluctuations, requiring businesses to be agile in supply chain and inventory management to optimize growth opportunities. Overall, a focus on sustainable practices and technology-driven innovation remains crucial in adapting to changing consumer preferences and regulatory landscapes.

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Market Dynamics

The market dynamics represent an ever-changing landscape of the Angling & Hunting Equipment Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Significant rise in disposable incomes leading to increased expenditure on recreational activities
    • Increase in hunting and fishing licenses spurred by individual interest and community engagement programs
    • Collaborations and sponsorships between brands and sporting events fueling interest in high-quality tools
  • Market Restraints
    • Rising costs of raw materials affecting production budgets
  • Market Opportunities
    • Integration of smart technology in angling equipment for enhanced user experience
    • Development of eco-friendly angling and hunting products targeting the environmentally conscious consumer
  • Market Challenges
    • Complexities of seasonality and its impact on sales cycles in outdoor equipment

Market Segmentation Analysis

  • Product Type : Significant usage of fishing equipment by professional seeking enhanced durability and user-friendly designs

    Fishing equipment, encompassing lines, reels, rods, and tackle & lures, is driven by innovation catering to both recreational and professional anglers seeking enhanced durability, precision, and user-friendly designs. Lines have recently showcased increased innovation in terms of strength and material technology, attracting avid fishers inclined towards high-performance angling experiences. The reel domain appeals to both beginners and professionals due to advancements in lightweight materials and ergonomic designs, which contribute to fatigue reduction over extended fishing sessions. Rods and tackle & lures are witnessing a growing preference for specialized products tailored to specific fishing environments, thus expanding their market share. On the other hand, hunting gear, comprising accessories, apparel, archery equipment, firearms & ammunition, and optics & scopes, demands high adaptability and rugged construction, fundamental to hunters operating in diverse terrains and weather conditions. Accessories and apparel are becoming increasingly multifunctional, incorporating features such as scent-blocking and thermal regulation to enhance stealth and comfort. Meanwhile, archery equipment is evolving with technological advancements, providing better accuracy and ease of use, thereby appealing to a broader audience. Firearms & ammunition is a mature product type with steady demand despite regulations, where ease of use and safety features are key drivers. Optics & scopes, highly influenced by innovations such as thermal and night vision, have seen a surge in demand among tactical hunters. A comparative analysis of these product types indicates that while the fishing equipment market is entrenched in refinement and gradual enhancements, the hunting gear market is burgeoning with significant technological breakthroughs, reflecting the differing buyer needs. Recent developments highlight a stronger push towards digitalization, including smart fishing rods and digital rifle scopes with augmented reality features, indicating the market's shift toward integration of technology for superior user experience. Commercialization strategies among key players involve collaborations and expansions into emerging markets, where there is growing participation in angling and hunting as leisure activities. For instance, cross-brand collaborations are introducing more comprehensive equipment packages that attract novices by offering perceived value and convenience. Emerging applications include the use of fishing gear in collaborative marine biology research and conservation efforts, and hunting gear in wildlife management and conservation activities, reflecting a growing consciousness towards sustainability. The focus on sustainable practices is leading companies to develop eco-friendly lines and rot-free, biodegradable fishing lures.

  • End User : Wide applications of high-performance angling & hunting equipments in professional end user category

    In the commercial sector, fishing companies and hunting reserves utilize specialized, high-durability equipment designed for large-scale operations and long-term usability. These sectors demonstrate a clear preference for products that offer efficiency and cost-effectiveness, as well as sustainability amid rising ecological concerns. Key players such as Shimano Inc. and Bushnell have been actively launching eco-friendly equipment catering to this sector, which aligns with the industry's shift toward sustainable commercialization practices. Recent developments indicate that many companies are investing in technology-driven analytics to enhance catch and yield rates without compromising the ecological balance. The professional domain, comprised of competitive anglers and licensed hunters, prioritizes high-performance equipment that enhances their competitive edge and ensures reliability in diverse terrains. This has led to significant technological integrations, such as sonar devices and GPS-enabled tracking systems, which are being innovated by industry frontrunners like Garmin and Lowrance. There is a notable eagerness for advancements that combine lightweight design without sacrificing strength, driven by these professionals' need for mobility and precision. Manufacturers are reacting by developing new lines of gear with enhanced features, often introduced at major trade shows, which facilitate peer reviews and high-level influencer endorsements. The recreational segment, encompassing family anglers and hobbyist hunters, is primarily motivated by affordability and ease of use, with a growing inclination towards multifunctional equipment that offers value for family-oriented activities and solo engagements alike. This demographic increasingly values DIY kits and customizable gear options, reflecting a trend toward personalization in leisure pursuits. News of cross-branded collaborations and partnerships, particularly those aimed at broadening outdoor education and involvement, is fostering community engagement and brand loyalty. Emerging applications across all end-user categories include virtual reality simulators for skill development, which some universities and institutions are beginning to adopt for training endeavors as part of educational outreach and safety programs. Furthermore, there is a burgeoning market for custom apps that analyze environmental data, providing real-time insights into fishing and hunting conditions, which appeals broadly across all end-user categories but especially to those involved in competitive settings. These developments are paving the way for increased commercialization efforts as manufacturers are eager to capitalize on data-focused products that align well with the tech-savvy inclinations of the modern consumer. Comparative analysis reveals that while commercial and professional categories push for innovation driven by performance and sustainability, the recreational sector provides volume growth potential through affordability and accessibility. This dynamic has prompted major brands to diversify their portfolios, optimizing for both high-end specialized users and the mass-market recreational consumer, thus ensuring a balanced approach to satisfying varying market demands.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Angling & Hunting Equipment Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

PESTLE Analysis

The PESTLE analysis offers a comprehensive tool for understanding and analyzing the external macro-environmental factors that impact businesses within the Angling & Hunting Equipment Market. This framework examines Political, Economic, Social, Technological, Legal, and Environmental factors, providing companies with insights into how these elements influence their operations and strategic decisions. By using PESTLE analysis, businesses can identify potential opportunities and threats in the market, adapt to changes in the external environment, and make informed decisions that align with current and future conditions. This analysis helps companies anticipate shifts in regulation, consumer behavior, technology, and economic conditions, allowing them to better navigate risks and capitalize on emerging trends.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Angling & Hunting Equipment Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Angling & Hunting Equipment Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Recent Developments

  • Lew’s unveils innovative LFS Rod Series at ICAST 2024 with advanced design and multispecies versatility

    Lew's introduced the LFS Rod series at ICAST 2024, featuring 29 rods designed for versatility and power. Utilizing proprietary LFS-X3 blanks crafted from three woven graphite materials, the rods offer strength and lightness. High-quality components such as diamond-polished Fuji Concept O guides and premium cork grips enhance performance across multispecies fishing. [Published On: July 15, 2024]

  • Acme Tackle's strategic acquisition of Two Brothers elevates innovation in fishing rod development

    Acme Tackle Company's strategic acquisition of Two Brothers Innovations, known for Elliott Rods and 2B FISHING, aims to bolster Acme's market presence in the angling sector. With the original team, including co-founders Paul Thorne and Aaron Templin, continuing their roles, the transaction is expected to enhance Acme's product innovation and distribution capabilities. The long-term strategy involves preserving brand quality and performance while leveraging Acme’s extensive network to expand global reach among anglers. [Published On: June 06, 2024]

  • Czech CSG Takes Over Italian Shotgun Maker Armi Perazzi

    The Czechoslovak Group, a defense and industrial conglomerate in the Czech Republic, has announced the acquisition of an 80% interest in the esteemed Italian shotgun manufacturer Armi Perazzi. This strategic acquisition aimed at significant expansion for the company spearheaded by the industrious entrepreneur Michal Strnad. [Published On: December 15, 2023]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Angling & Hunting Equipment Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Angling & Hunting Equipment Market, highlighting leading vendors and their innovative profiles. These include Adler Arms Corporation, ARMYTEK GMBH, BROWNING COMPANY, Costa Del Mar Inc., Côté-Reco Inc., Duluth Holdings Inc, EBSCO Industries, Inc, FORLOH, Inc., HARKILA, HILLMAN GEAR, LLC, Johnson Outdoors Inc., KUIU, LLC., Maver UK Ltd., O.F. Mossberg & Sons, Pac Bow Archery, LLC, Pure Fishing, Inc., QSR Outdoor Products, Inc., Raised Hunting, Rapala VMC Corporation, Rather Outdoors, LLC, Sea Master Enterprise Co., Ltd., The Orvis Company Inc., Tica Fishing Tackle, W.C Bradley Co., and Warwick Firearms Australia.

Market Segmentation & Coverage

This research report categorizes the Angling & Hunting Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product Type
    • Fishing Equipment
      • Line
      • Reels
      • Rods
      • Tackle & Lures
    • Hunting Gear
      • Accessories
      • Apparel
      • Archery Equipment
      • Firearms & Ammunition
      • Optics & Scopes
  • Material Used
    • Composite Materials
    • Metal
    • Plastic
    • Wood
  • Distribution Channel
    • Offline Channels
      • Brand Outlets
      • Department Stores
      • Specialty Stores
    • Online Channels
      • Brand Websites
      • E-Commerce Platforms
  • End User
    • Commercial
      • Fishing Companies
      • Hunting Reserves
    • Professional
      • Competitive Anglers
      • Licensed Hunters
    • Recreational
      • Family Anglers
      • Hobbyist Hunters
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Angling & Hunting Equipment Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Angling & Hunting Equipment Market, by Product Type
  7. Angling & Hunting Equipment Market, by Material Used
  8. Angling & Hunting Equipment Market, by Distribution Channel
  9. Angling & Hunting Equipment Market, by End User
  10. Americas Angling & Hunting Equipment Market
  11. Asia-Pacific Angling & Hunting Equipment Market
  12. Europe, Middle East & Africa Angling & Hunting Equipment Market
  13. Competitive Landscape
  14. List of Figures [Total: 25]
  15. List of Tables [Total: 505 ]
  16. List of Companies Mentioned [Total: 25]
360iResearch Analyst Ketan Rohom
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Frequently Asked Questions
  1. How big is the Angling & Hunting Equipment Market?
    Ans. The Global Angling & Hunting Equipment Market size was estimated at USD 636.35 million in 2024 and expected to reach USD 683.83 million in 2025.
  2. What is the Angling & Hunting Equipment Market growth?
    Ans. The Global Angling & Hunting Equipment Market to grow USD 989.14 million by 2030, at a CAGR of 7.62%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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