The Fishing and Hunting Equipment Market in Denmark experienced fluctuations over the decade ending in 2023, concluding with a value of $45.168 million. The years 2013 to 2015 marked significant growth with year-on-year variations of over 11%, followed by a resetting period with some declining years. Between 2019 and 2021, growth was modest with minor declines and rebounds, maintaining a relatively stable market value. Over the last five years, the compound annual growth rate reflects a modest increase of 0.95% annually, indicating a steady but slow market recovery trajectory post-2020.
Future trends to watch for include:
- Growth in outdoor recreational activities which may drive product demand.
- Technological advancements in equipment enhancing user experience.
- Regulatory changes impacting hunting and fishing activities.
- Economic factors influencing consumer spending and market dynamics.
How does Denmark 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 |
| 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 |
| 10 | 10 Denmark | 45,168,000 | 2023 | +1.11% | +0.95% | |
| 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% | View data |
