The global fishing and hunting equipment market is dominated by the United States, holding the largest share at $41.13 billion, followed by China at $22.19 billion and Japan at $11.96 billion. While the U.S. and China saw YoY growths of 1.37% and 2.79% in 2023, Japan's market slightly contracted by 0.15%. Notable growth was observed in Thailand with a 3.12% increase. Conversely, markets such as South Africa and Sweden experienced declines of 2.92% and 2.27% respectively.
Future trends in the market include an increased focus on eco-friendly products, technological advancements in hunting gear, and emerging consumer interest in sustainable fishing practices. These factors are anticipated to influence market dynamics and country-level shares in the coming years.
Top countries in Fishing and Hunting Equipment Market Size Value Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 41.13 | 2023 | +1.78% | +1.37% | View data |
| 2 | 2 China | 22.19 | 2023 | +3% | +2.79% | View data |
| 3 | 3 Japan | 11.96 | 2023 | -0.34% | -0.15% | View data |
| 4 | 4 France | 3.49 | 2023 | -0.28% | -0.11% | View data |
| 5 | 5 United Kingdom | 3.3 | 2023 | -0.69% | -0.63% | View data |
| 6 | 6 Canada | 3.02 | 2023 | +0.18% | -0.098% | View data |
| 7 | 7 Australia | 2.72 | 2023 | +0.4% | +0.15% | View data |
| 8 | 8 Spain | 1.86 | 2023 | -0.13% | -0.45% | View data |
| 9 | 9 Thailand | 1.2 | 2023 | +3.46% | +3.12% | View data |
| 10 | 10 Denmark | 0.82 | 2023 | +1.11% | +0.95% | View data |
