In 2023, the United States dominated the global fishing rods market, accounting for $1.5616 billion, showcasing a 2% annual growth. Stable markets were noted in Sweden and Iceland with 2.47% and 2.72% increases respectively, while countries like Germany and Italy showed declines of -6.25% and -8.36%. Despite being smaller contributors, France and Australia remained significant players with minor decreases. Most European countries experienced minor reductions or stability.
Future trends in the global fishing rods market indicate potential growth in environmentally conscious and technologically integrated rod designs, as well as increased investments in developing nations spurred by recreational fishing's rising popularity.
Top countries in Fishing Rods Market Size Value by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,561,600,000 | 2023 | +2.26% | +2% | View data |
| 2 | 2 France | 116,220,000 | 2023 | -1.98% | -0.37% | View data |
| 3 | 3 Australia | 113,220,000 | 2023 | +1.6% | -0.32% | View data |
| 4 | 4 United Kingdom | 72,851,000 | 2023 | -3.29% | -1.62% | View data |
| 5 | 5 Germany | 65,358,000 | 2023 | -6.24% | -6.25% | View data |
| 6 | 6 Canada | 50,301,000 | 2023 | -1.55% | -0.67% | View data |
| 7 | 7 Italy | 43,338,000 | 2023 | -9.22% | -8.36% | View data |
| 8 | 8 Sweden | 34,365,000 | 2023 | +0.93% | +2.47% | View data |
| 9 | 9 Brazil | 23,385,000 | 2023 | -0.73% | -1.5% | View data |
| 10 | 10 Netherlands | 22,060,000 | 2023 | -6.53% | -5.91% | View data |
