The Fly Fishing Apparel And Accessories Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Fly Fishing Apparel And Accessories Global Market Report 2024, The fly fishing apparel and accessories market size has grown steadily in recent years. It will grow from $3.22 billion in 2023 to $3.36 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to growth in popularity of fly fishing, increased participation in outdoor activities, growth in demand for eco-friendly products, increased popularity of catch-and-release fishing, growth interest in fashion and style.
The fly fishing apparel and accessories market size is expected to see steady growth in the next few years. It will grow to $4.05 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing demand for seafood, growing demand for eco-friendly products, increasing disposable income, recreational fly fishing gaining traction, increasing number of women participating in fly fishing. Major trends in the forecast period include expansion of product portfolios by major manufacturers, ongoing technological advancements, innovations in fishing equipment, development of eco-friendly and sustainable fly fish apparel, rising adoption of strategies by key players.
Increased interest in outdoor activities is expected to propel the growth of the fly-fishing apparel and accessories market going forward. Outdoor activities encompass any leisure, recreation, sport, play, or cultural activity that can be done outside. Fly fishing delivers a unique and immersive experience that appeals to both novices and seasoned enthusiasts as more people want to reconnect with nature and engage in leisure hobbies. For instance, according to the Outdoor Foundation, a US-based non-profit organization committed to the health of communities and the outdoor recreational sector, in 2021, 164.2 million, or 54% of Americans aged six and over engaged in outdoor recreation at least once, the most significant number of participants on record, and it is 6.9% higher than 2020, when 161.3 American people participated in outdoor recreation. Therefore, the increased interest in outdoor activities will drive the fly-fishing apparel and accessories market.
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The fly fishing apparel and accessories market covered in this report is segmented –
1) By Product Type: Apparel, Accessories
2) By Material: Breathable Fabrics, Waterproof Fabrics, Eco-Friendly Materials
3) By Gender: Men, Women
4) By Distribution Channel: Offline, Online
Product innovation is a key trend gaining popularity in the fly-fishing apparel and accessories market. Major companies operating in the fly-fishing apparel and accessories market are focused on developing innovative products to strengthen their position in the market. For instance, in March 2022, Skwala Fishing, a US-based designer and manufacturer of fishing apparel and gear, launched a new fly-fishing brand with garments designed and constructed to allow anglers to go farther in their fly fishing interests. The brand debuts with a strong lineup of core items, including two waders, two coats, two insulation pieces, two sun shirts, wading pants, and shorts. It incorporates innovative breathable/insulation design and technology to keep fishermen comfortable in the warmer or coldest circumstances, with industry-leading stretch fabrics used.
The fly fishing apparel and accessories market report table of contents includes:
1. Executive Summary
2. Fly Fishing Apparel And Accessories Market Characteristics
3. Fly Fishing Apparel And Accessories Market Trends And Strategies
4.Fly Fishing Apparel And Accessories market analysis
5. Fly Fishing Apparel And Accessories Market Size And Growth
6.Fly Fishing Apparel And Accessories Segmentation
7. Fly Fishing Apparel And Accessories Regional And Country Analysis
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27. Fly Fishing Apparel And Accessories Competitive Landscape And Company Profiles
28. Fly Fishing Apparel And Accessories Key Mergers And Acquisitions
29. Fly Fishing Apparel And Accessories Future Outlook and Potential Analysis
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