The Fishing and Hunting Equipment Market in New Zealand reached a market size of 28.544 million USD in 2023. Over the past decade, the market demonstrated fluctuations, peaking at 28.417 million USD in 2018, with a fall observed in 2019 and 2020. Despite minor dips, growth resumed from 2021 to 2023 with moderate year-on-year increases. The compound annual growth rate (CAGR) over the last five years stood at a modest 0.089%, reflecting nearly stagnant growth in recent years.
Future trends to watch for:
- Increasing interest in sustainable and eco-friendly fishing and hunting equipment.
- Technological advancements and innovations in equipment design.
- Potential regulatory changes impacting market dynamics.
- Shifts in consumer behavior towards outdoor activities post-pandemic.
How does New Zealand 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 |
| 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 |
| 12 | 12 New Zealand | 28,544,000 | 2023 | +0.64% | +0.089% | |
| 13 | 13 South Africa | 22,729,000 | 2023 | -2.54% | -2.92% | View data |
| 14 | 14 Greece | 18,738,000 | 2023 | +0.53% | +0.13% | View data |
