Middle East and Africa Fishing Equipment to 2028 By Size, Share, Growth by End User and Forecast| Business Market Insights

Name: Middle East and Africa Fishing Equipment Market
SKU: Consumer Goods
Rating: 4.9 (12 reviews)

The fishing equipment market in MEA is expected to grow from US$ 1,287.57 million in 2021 to US$ 1,569.49 million by 2028; it is estimated to grow at a CAGR of 2.9% from 2021 to 2028.

The use of the internet across the globe has resulted in significant growth in the number of social media users. As a result, most players in the fishing equipment market are planning to promote their products and services on social media platforms. E-commerce is one of the primary tactics numerous businesses and organizations use to raise awareness about their product offerings among target customers via e-commerce channels such as Amazon, Cabelas, Tackle Warehouse LLC, and Fishing Tackle Unlimited. Companies are expanding their product line and implementing novel technology to address consumer demand for fish hunting equipment. For instance, Fishbrain, a social network for anglers, introduced an in-app fishing tackle shop in October 2019, allowing members to locate and purchase fishing equipment from a variety of brands. Additionally, various developments have been made in the online domain over the last few years.

Thus, the worldwide fishing equipment market sees key chances to develop momentum and enhance customer reach among its target groups through an e-commerce marketing approach.

South Africa had the highest number of COVID-19 cases in the MEA region, followed by Saudi Arabia and the UAE. Various consumer goods companies remained closed in the region due to the lockdowns, reducing the sale of various products, including fishing equipment, in the region. According to McKinsey and Company Report, the MEA region was slow to adopt e-commerce; however, the COVID-19 pandemic prompted a change. Consumers across the Gulf Cooperation Council, South Africa, and Turkey have shown an increase in online shopping during the pandemic. Consumers in Saudi Arabia and the UAE have seen the highest rates of “new or increased” users in online deliveries and communications. Thus, due to the pandemic, the consumers have increased the usage of e-commerce platforms, and the presence of e-commerce sites specifically providing fishing equipment will positively impact the fishing equipment market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA fishing equipment market. The MEA fishing equipment market is expected to grow at a good CAGR during the forecast period.

MEA Fishing Equipment

Market Revenue and Forecast to 2028 (US$ Million)

MEA Fishing Equipment Market Segmentation

MEA Fishing Equipment Market – By Type

Fishing Rods
Nets and Traps
Hooks, Reels
Fishing Line
Sinkers
Others

MEA Fishing Equipment Market – By
Distribution Channel

Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Others

MEA Fishing Equipment Market, by Country

Saudi Arabia
South Africa
UAE
Rest of MEA

MEA Fishing Equipment Market - Companies Mentioned

Daiwa; Decathlon SA
Decathlon SA
Eagle Claw Fishing Tackle Co.
Okuma Fishing Tackle Co. Ltd.
Rapala VMC Corporation
Shimano Inc.
Tica Fishing Tackle
Weihai Guangwei Group Co., Ltd.

Middle East and Africa Fishing Equipment Strategic Insights

Strategic insights for the Middle East and Africa Fishing Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East and Africa Fishing Equipment Report Scope

Report Attribute	Details
Market size in 2021	US$ 1,287.57 Million
Market Size by 2028	US$ 1,569.49 Million
Global CAGR (2021 - 2028)	2.9%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Fishing Rods Nets and Traps Hooks Reels Fishing Line Sinkers By Distribution Channel Supermarkets and Hypermarkets Specialty Stores Online Retail
Regions and Countries Covered	Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Daiwa; Decathlon SA Decathlon SA Eagle Claw Fishing Tackle Co. Okuma Fishing Tackle Co. Ltd. Rapala VMC Corporation Shimano Inc. Tica Fishing Tackle Weihai Guangwei Group Co., Ltd.

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Middle East and Africa Fishing Equipment Regional Insights

The geographic scope of the Middle East and Africa Fishing Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.