The fishing wader global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Fishing Wader Market, 2024The fishing wader global market report 2024
Market Size –
The fishing wader market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to e-commerce growth, government initiatives, investment in fish farming, surge in tourism, and outdoor activity participation.
The fishing wader market size is expected to see strong growth in the next few years. It will grow to $4.17 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing popularity of fishing chest waders, increasing demand of fishing waders for personal usage, growing usage of fishing waders for safety purposes, surge in recreational fishing activities, and growth opportunities from outdoor and adventure sports. Major trends in the forecast period include product innovations, integration of advanced fabric technologies, popularity of chest waders, rising demand for eco-friendly materials, and tech integration and wearable tech advancements.
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Scope Of Fishing Wader MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Fishing Wader Market Overview
Market Drivers –
The surge in recreational fishing activities is anticipated to propel the growth of the fishing wader market in the years to come. Recreational fishing, which involves catching fish for enjoyment or sport, is gaining popularity due to increased leisure time, improved fishing technology, and a rising interest in outdoor activities. Fishing waders enhance the experience by providing protection against cold and wet conditions, allowing for longer and more comfortable fishing sessions. For example, data from Australia’s Department of Primary Industries and Regions (PIRSA) reported that 356,708 South Australians engaged in recreational fishing during the 12 months leading up to March 2021, with a participation rate of 23.3%, showing an increase compared to previous surveys. This rise in recreational fishing will continue driving the fishing wader market through 2023, into 2024, with further expansion anticipated by 2028.
Market Trends –
Major companies operating in the fishing wader market are developing advanced products with enhanced durability and comfort features to attract a broader range of customers, improve user satisfaction, and maintain a competitive edge. Wader with enhanced durability provides superior insulation while allowing adequate ventilation, ensuring comfort during extended use. For instance, in March 2023, Simms, a US-based fishing gear company, launched the Freestone Wader collection. This collection features advanced, 3-layer Toray fabric with improved breathability and waterproofing, reinforced knees and seat for durability, and an adjustable waistband for a customizable fit. The collection includes practical elements such as a reach-through fleece-lined hand warmer pocket, a zippered chest pocket for tools and fly boxes, and built-in gravel guards to prevent debris from entering the waders.
The fishing wader market covered in this report is segmented –
1) By Product: Chest Waders, Hip Waders, Waist Waders, Style, Boot Foot Waders, Stocking Foot Waders
2) By Material: Nylon, Polyester, Neoprene, Rubber, Other Materials
3) By Size: Small, Medium, Large
4) By Application: Personal Use, Commercial Use, Other Applications
5) By End-User: Men, Women, Children
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Regional Insights –
North America was the largest region in the fishing wader market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the fishing wader market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are Decathlon SA, Under Armour Inc., Cabela’s Inc., Columbia Sportswear Company, Vista Outdoor Inc., Patagonia Inc., Pure Fishing Inc., The Orvis Company Inc., LaCrosse Footwear Inc., Baffin Inc., Allen Company, Far Bank Enterprises Inc., Svendsen Sport A/S, The Fishin’ Hole, Frogg toggs, Magnum (NZ) Ltd., Gator Waders LLC, Caddis Waders, DRYFT Fishing Waders, Paramount Outdoors, AQUAZ USA, Fishpond Inc., Korkers, Drake Waterfowl, Compass 360
Table of Contents
1. Executive Summary
2. Fishing Wader Market Characteristics
3. Fishing Wader Market Trends And Strategies
4. Fishing Wader Market – Macro Economic Scenario
5. Global Fishing Wader Market Size and Growth
…
32. Global Fishing Wader Market Competitive Benchmarking
33. Global Fishing Wader Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fishing Wader Market
35. Fishing Wader Market Future Outlook and Potential Analysis
36. Appendix
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