Fishing, as a sport, is believed to be familiar to many. With a long history, this activity transcends cultural and geographical boundaries, becoming a popular nationwide outdoor sport welcomed by a vast number of enthusiasts.
Whether by streams, rivers, or seas, fishing enthusiasts from all over the world can be seen. The growing number of fishing enthusiasts has driven the development of the global fishing tackle market, leading to rapid growth in the industry—a trend that is expected to intensify in the future.
According to data, global sales of fishing tackle are projected to reach 111.4 billion yuan by 2030, with a compound annual growth rate of 4.5%. This growth momentum is exceptionally strong, indicating that the fishing tackle industry is entering a new phase of development. The leap from billions to tens of billions highlights the immense potential of this industry.
Chinese companies are set to become the main drivers of this global market transformation. As the world’s largest fishing tackle producer, China already accounts for 80% of the global market share. Weihai in Shandong Province, known as the “Fishing Tackle Capital of the World,” boasts a complete industrial chain, with highly professional and robust technical capabilities and production capacity. China’s fishing tackle industry stands out prominently on the global stage.
With the continuous increase in the global fishing population and a growing emphasis on physical and mental well-being, people are no longer solely focused on work but are more willing to engage in recreational sports. As a result, the global demand for fishing tackle will continue to rise, and the market scale is expected to surpass the tens of billions mark!
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