The Fishing and Hunting Equipment Market in Australia experienced fluctuations from 2012 to 2022. Initial growth was observed in 2012 and 2013, followed by a dip between 2014 and 2016. A recovery took place from 2017 onwards, albeit with minor variations. The market saw notable year-on-year changes, including a peak increase of 11.02% in 2017 and a minor decline in 2019. Over the last five years, the market demonstrated an average annual growth (CAGR) of 0.51%. In 2023, the market size held steady with minimal variation from 2022.
Future trends to watch for include advancements in sustainable and eco-friendly equipment, an increase in recreational fishing and hunting activities, and technological innovations such as smart gear and tracking devices. These factors will likely drive growth in the industry, responding to consumer demand for more efficient and environmentally conscious products.
How does Australia rank in Fishing and Hunting Equipment Market Size Value?
| # | 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 |
| 6 | 6 Canada | 165,780,000 | 2023 | +0.18% | -0.098% | View data |
| 7 | 7 Australia | 149,320,000 | 2023 | +0.4% | +0.15% | |
| 8 | 8 Spain | 102,210,000 | 2023 | -0.13% | -0.45% | View data |
| 9 | 9 Thailand | 65,642,000 | 2023 | +3.46% | +3.12% | View data |
