Fishing Reels Market Size Value Per Capita in South Korea

Since 2013, the fishing reels market size value per capita in South Korea has risen progressively, reaching $2.77 in 2023. This indicates a notable growth of 174.2% from 2013 to 2023. The market experienced stable growth until 2017, dipped slightly from 2018 to 2020, but has since rebounded with an average growth rate of 3.2% from 2019 to 2023.

Key year-on-year variations:

  • 2022 to 2023: 7.8%
  • 2021 to 2022: 8.9%
The five-year CAGR (2019-2023) stands at approximately 3.2%.

Looking ahead, future trends to watch include technological advancements in reel designs, shifting consumer preferences towards eco-friendly products, and potential regulatory impacts on fishing gear. Sustainability and innovation are poised to shape the market trajectory in the coming years.

# 16 Countries US Dollars Per Capita Last Year
1 1 Netherlands 5.13 2023 View data
2 2 Finland 3.22 2023 View data
3 3 Sweden 3.13 2023 View data
4 4 South Korea 2.77 2023
5 5 Norway 2.57 2023 View data
6 6 Austria 2.13 2023 View data

Top Countries about Fishing Equipment