The Fishing and Hunting Equipment Market in Thailand experienced significant growth from 2012 to 2022. From a value of 25.412 Million USD in 2012, it expanded to 63.445 Million USD by 2022. The market showed consistent year-on-year growth until 2019, a brief decline in 2020, likely due to the global pandemic, and rebounded in 2021. The highest annual growth rate was recorded in 2017 at 18.42%, followed by robust growth in 2013 and 2018. Over the last five years, the average year-on-year growth, or CAGR, from 2017 to 2022 was 5.02%.
Future trends to watch for include:
- Increasing participation in recreational fishing and hunting activities as outdoor leisure gains popularity.
- Technological advancements in equipment, such as smart fishing devices, enhancing user experience and driving sales.
- Potential impacts of regulatory changes on hunting practices and conservation efforts which could influence market dynamics.
| # | 17 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,258,500,000 | 2023 | +1.78% | +1.37% | View data |
| 2 | 2 China | 1,218,400,000 | 2023 | +3% | +2.79% | View data |
| 3 | 3 Japan | 656,490,000 | 2023 | -0.34% | -0.15% | View data |
| 4 | 4 France | 191,580,000 | 2023 | -0.28% | -0.11% | View data |
| 5 | 5 United Kingdom | 181,190,000 | 2023 | -0.69% | -0.63% | View data |
| 7 | 7 Australia | 149,320,000 | 2023 | +0.4% | +0.15% | View data |
| 8 | 8 Spain | 102,210,000 | 2023 | -0.13% | -0.45% | View data |
| 9 | 9 Thailand | 65,642,000 | 2023 | +3.46% | +3.12% | |
| 10 | 10 Denmark | 45,168,000 | 2023 | +1.11% | +0.95% | View data |
| 11 | 11 Sweden | 30,838,000 | 2023 | -2.52% | -2.27% | View data |
