The fishing reels market in Indonesia has shown fluctuations over the past decade, experiencing both growth and decline. The market was valued at 11.929 million USD in 2023, marking a moderate year-on-year increase of 1.52%. The five-year CAGR stands at 1.64%, indicating a steady but modest upward trend in recent years. Notably, the market rebounded in 2021 after a dip in 2020, followed by consistent growth, albeit at a slower pace.

Future trends to watch for in the Indonesian fishing reels market include:

Increasing adoption of advanced materials and technology integration for enhanced performance.
Growing interest in recreational fishing, potentially boosting demand.
Environmental sustainability and eco-friendly products gaining traction among consumers.
Potential impact of global supply chain disruptions on local market dynamics.