North America Fishing Footwear Market Forecast to 2030 - Regional Analysis - by Product Type (Boots, Shoes, and Others), Category (Men and Women), and End Use (Residential/Recreational and Commercial)
The North America fishing footwear market was valued at US$ 183.32 million in 2022 and is expected to reach US$ 301.78 million by 2030; it is estimated to register a CAGR of 6.4% from 2022 to 2030.
Rise of Recreational Fishing Fuels North America Fishing Footwear Market
Fishing is gaining immense popularity as an outdoor activity in many parts of the world, especially in the US, the UK, and Australia. According to the Recreational Boating and Fishing Foundation (RBFF), in 2021, over 52.4 million Americans aged 6 and above participated in recreational fishing. The rate of participation in recreational fishing is increasing at a steady rate in the US. The figure below shows the participation rate for recreational fishing over the years in the US.
Participation in Recreational Fishing Over Time in US
Source: 2022 Special Report on Fishing, A Partnership Project of Outdoor Foundation and Recreational Boating and Fishing Foundation
Recreational fishing is becoming an important part of outdoor tradition in the US. People enjoy fishing as it helps to reduce day-to-day stress and promotes mental as well as physical well-being. According to a study conducted by The Outdoor Foundation and Recreational Boating and Fishing Foundation, 80% of the people who participated in recreational fishing in 2021 in the US fished in groups of 2–5 anglers. The study claimed that females mostly preferred fishing to spend more time with family and friends, while men stated their purpose for fishing was to spend more time outdoors. Most Americans participate in recreational fishing as a means of escaping the daily stress of life and enjoying the splendor of nature.
North America Fishing Footwear Market Overview
Fishing equipment includes fishing rods, nets and traps, hooks, fishing reels, fishing lines, sinkers, lures, baits, fishing tackles, and other equipment and accessories. Fishing equipment is in high demand due to an increase in fishing activities across the globe. Recreational fishing is on the rise due to increasing interest in outdoor activities and growth of fish-based tourism in developing countries. Commercial fishing sector is also witnessing tremendous growth due to increased consumption of seafood across the globe. According to National Oceanic and Atmospheric Administration Fisheries (NOAA Fisheries), the US commercial and recreational saltwater fishing accounted for US$ 154.7 billion and US$ 98 billion sales respectively in 2020 and provided 1.7 million jobs in the US marine fishing sector.
US Commercial and Recreational Fisheries, Economic Impact, 2020
Source: Economic impact trends of 2020 from Fisheries Economics of the United States 2020
The rise of commercial and recreational fishing is driving the sales of fishing equipment, globally. The manufacturers of fishing equipment are launching innovative products with advanced technology to attract a large number of consumers. For instance, in July 2023, Shimano Inc, a Japan-based manufacturer of fishing tackle, bicycle components and rowing equipment, launched mastiff fluorocarbon fishing line for long casts and big bites for bass anglers. The low line elongation of the product allows the angler to detect slight bites easily, leading to quick and efficient hooksets. The product has smooth and supple feel which allows for long casts with extreme accuracy. Such innovative products are expected to gain huge traction among the consumers in the coming years, leading to market growth. The companies are also providing sponsorship to the fishing tournaments to increase the consumer awareness and boost product sales. For instance, AFTCO, one of the major fishing tackle, apparel, and footwear company, extended its long-standing partnership as a supporting sponsor of the Bassmaster Tournament Trail and its most anticipated events which will be held in March 2024. The company will outfit the entire B.A.S.S. staff with AFTCO fishing apparel. Such strategies are expected to increase the consumer awareness of the product and aid in the market growth over the coming years.
North America Fishing Footwear Market Revenue and Forecast to 2030 (US$ Million)
North America Fishing Footwear Market Segmentation
The North America fishing footwear market is categorized into product type, category, end use and country.
In terms of product type, the North America fishing footwear market is segmented into boots, shoes, and others. The boots segment held the largest North America fishing footwear market share in 2022.
By category, the North America fishing footwear market is bifurcated into men and women. The men segment held a larger North America fishing footwear market share in 2022.
Based on end use, the North America fishing footwear market is categorized into residential/recreational and commercial. The commercial segment held a larger North America fishing footwear market share in 2022.
By country, the North America fishing footwear market is segmented into the US, Canada, and Mexico. The US dominated the North America fishing footwear market share in 2022.
Grundens LLC, Aftco Manufacturing Co Inc, Huk Gear, Korkers Products LLC, Bryant Sales Co LLC, Guntersville Breathables Inc, Pelagic Inc, Vista Outdoor Inc, and Rocky Brands Inc. are some of the leading companies operating in the North America fishing footwear market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Fishing Footwear Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 List of Vendors
5. North America Fishing Footwear Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise of Recreational Fishing
5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraints
5.2.1 Potential Harm to Marine Ecosystem
5.3 Market Opportunities
5.3.1 Rising Popularity of Online Shopping
5.4 Future Trends
5.4.1 Increasing Demand for Specialized Footwear for Fishing
5.5 Impact of Drivers and Restraints:
6. Fishing Footwear Market -North America Analysis
6.1 Fishing Footwear Market Revenue (US$ Million), 2020-2030
6.2 Fishing Footwear Market Forecast Analysis
6.3 Fishing Equipment Market Overview
6.4 Fishing Footwear Market - Volume and Forecast (Units), 2020-2030
6.5 Fishing Footwear Market Forecast Analysis
7. North America Fishing Footwear Market Analysis - By Product Type
7.1 Boots
7.1.1 Overview
7.1.2 Boots: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
7.1.3 Boots: Fishing Footwear Market - Volume and Forecast to 2030
7.2 Shoes
7.2.1 Overview
7.2.2 Shoes: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
7.2.3 Shoes: Fishing Footwear Market - Volume and Forecast to 2030
7.3 Others
7.3.1 Overview
7.3.2 Others: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
7.3.3 Others: Fishing Footwear Market - Volume and Forecast to 2030
8. North America Fishing Footwear Market Revenue Analysis - By Category
8.1 Overview
8.2 Men
8.2.1 Overview
8.2.2 Men: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Women
8.3.1 Overview
8.3.2 Women: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
9. North America Fishing Footwear Market Revenue Analysis - By End Use
9.1 Overview
9.2 Residential/ Recreational
9.2.1 Overview
9.2.2 Residential/ Recreational: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
10. North America Fishing Footwear Market - Country Analysis
10.1 North America Market Overview
10.1.1 North America Fishing Footwear Market Breakdown by Country
10.1.1.1 US Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.2 US Fishing Footwear Market - Volume and Forecast to 2030
10.1.1.2.1 US Fishing Footwear Market Breakdown by Product Type
10.1.1.2.2 US Fishing Footwear Market Breakdown by Category
10.1.1.2.3 US Fishing Footwear Market Breakdown by End Use
10.1.1.3 Canada Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.4 Canada Fishing Footwear Market Volume and Forecast to 2030
10.1.1.4.1 Canada Fishing Footwear Market Breakdown by Product Type
10.1.1.4.2 Canada Fishing Footwear Market Breakdown by Category
10.1.1.4.3 Canada Fishing Footwear Market Breakdown by End Use
10.1.1.5 Mexico Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.6 Mexico Fishing Footwear Market Volume and Forecast to 2030
10.1.1.6.1 Mexico Fishing Footwear Market Breakdown by Product Type
10.1.1.6.2 Mexico Fishing Footwear Market Breakdown by Category
10.1.1.6.3 Mexico Fishing Footwear Market Breakdown by End Use
11. Competitive Landscape
11.1 Heat Map Analysis
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Product launch
12.3 Mergers and Acquisitions
13. Company Profiles
13.1 Grundens LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Aftco Manufacturing Co Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Huk Gear
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Korkers Products LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Bryant Sales Co LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Guntersville Breathables Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Pelagic Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Vista Outdoor Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Rocky Brands Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
List of Tables
Table 1. Fishing Footwear Market Segmentation
Table 2. List of Suppliers and Manufacturers in Value Chain
Table 3. List of Retailers in Value Chain
Table 4. Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Table 5. Fishing Footwear Market - Volume and Forecast to 2030
Table 6. Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Product Type
Table 7. Fishing Footwear Market - Volume and Forecast to 2030 (Units) - By Product Type
Table 8. Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Category
Table 9. Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By End Use
Table 10. US Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Product Type
Table 11. US Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Category
Table 12. US Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By End Use
Table 13. Canada Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Product Type
Table 14. Canada Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Category
Table 15. Canada Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By End Use
Table 16. Mexico Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Product Type
Table 17. Mexico Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By Category
Table 18. Mexico Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million) - By End Use
Table 19. Heat Map Analysis, by Key Players
List of Figures
Figure 1. Fishing Footwear Market Segmentation, by Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Fishing Footwear Market
Figure 4. Fishing Footwear Market - Key Market Dynamics
Figure 5. Participation in Recreational Fishing Over Time in US
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. Fishing Footwear Market Revenue (US$ Million), 2020-2030
Figure 8. US Commercial and Recreational Fisheries, Economic Impact, 2020
Figure 9. Fishing Footwear Market -Volume and Forecast (Units), 2020-2030
Figure 10. Fishing Footwear Market Share (%) - By Product Type, 2022 and 2030
Figure 11. Boots: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Boots : Fishing Footwear Market - Volume and Forecast to 2030
Figure 13. Shoes: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Shoes : Fishing Footwear Market - Volume and Forecast to 2030
Figure 15. Others: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: Fishing Footwear Market - Volume and Forecast to 2030
Figure 17. Fishing Footwear Market Revenue Share, By Category (2022 and 2030)
Figure 18. Men: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Women: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Fishing Footwear Market Revenue Share, By End Use (2022 and 2030)
Figure 21. Residential/ Recreational: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Commercial: Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. North America Fishing Footwear Market, by Key Countries - Revenue (2022) (US$ Million)
Figure 24. North America Fishing Footwear Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 25. US Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. US Fishing Footwear Market Volume and Forecast to 2030
Figure 27. Canada Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 28. Canada Fishing Footwear Market Volume and Forecast to 2030
Figure 29. Mexico Fishing Footwear Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. Mexico Fishing Footwear Market Volume and Forecast to 2030
Figure 31. Company Positioning & Concentration
1. Grundens LLC
2. Aftco Manufacturing Co Inc
3. Huk Gear
4. Korkers Products LLC
5. Bryant Sales Co LLC
6. Guntersville Breathables Inc
7. Pelagic Inc
8. Vista Outdoor Inc
9. Rocky Brands Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America fishing footwear market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America fishing footwear market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America fishing footwear market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.