The UK Fishing and Hunting Equipment Market experienced fluctuations from 2013 to 2023, with a market size of 181.19 million USD in 2023. Despite minor growth in certain years, the market faced an overall decline, evidenced by a 9.35% drop in 2017 and a -5.68% decrease in 2020. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was -0.63%, indicating a slight downturn over this period. The years 2022 and 2023 showed minimal contraction with negative growth rates of -0.7% and -0.69% respectively.
Future trends to watch for:
- Impact of environmental regulations on the industry.
- Innovations in eco-friendly equipment.
- Growth potential in outdoor recreational activities post-COVID-19.
- Advancements in technology enhancing product offerings and user experience.
How does the United Kingdom 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% | |
| 6 | 6 Canada | 165,780,000 | 2023 | +0.18% | -0.098% | View data |
| 7 | 7 Australia | 149,320,000 | 2023 | +0.4% | +0.15% | View data |