In 2023, the fishing rods market in Italy stood at USD 0.77 per capita. Forecast data indicates a steady decline, with a per capita value decreasing by 8.45% from 2024 to 2028. The year-on-year variations are: -8.45% from 2024 to 2025, -9.23% from 2025 to 2026, -10.17% from 2026 to 2027, and -11.32% from 2027 to 2028. The five-year CAGR from 2024 to 2028 is approximately -9.72%.
Future trends to watch:
- Shifts in consumer preferences towards sustainable fishing equipment.
- Technological innovations in product design and materials.
- The impact of climate change on fishing environments.
- The role of e-commerce in expanding market reach and improving accessibility.