Fishing Equipment Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity:

The global fishing equipment market is estimated to grow from USD 15.74 billion in 2022 to USD 20.29 billion by 2028 at a CAGR of 4.24% during the forecast period. Fishing equipment is in high demand because of a surge in fishing activities across geographies. Some of the commonly used fishing equipment includes hooks, sinkers & floats, reels, rods, spears & gaffs, and others. The fishing hook was the most widely used fishing equipment in 2020 due to a surge in fishing activities.