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Fishing Reels Market: By Reel Type (Spincast Reels, Spinning Reels, Baitcast Reels, Electric Reel, Fly fishing Reel, Offshore Reels and Others); Reel Mechanism- Direct (drive reel and Anti-reverse reel); Price Range (< US$ 100, US$ 100 – 500, US$ 500 - 1,500 and > US$ 1,500); Sales Channel (Offline and Online); Application (Freshwater Fishing and Saltwater Fishing); and Region—Industry Dynamics, Market Size and Opportunity Forecast Analysis for 2025–2033

  • Last Updated: 15-Aug-2025  |  
    Format: PDF
     |  Report ID: AA0322185  

REPORT SCOPE

Report AttributeDetails
Market Size Value in 2024US$ 4,409.6 Mn
Expected Revenue in 2033US$ 6,609.7 Mn
Historic Data2020-2023
Base Year2024
Forecast Period2025-2033
UnitValue (USD Mn)
CAGR4.6%
Segments coveredBy Reel Type, By Reel Mechanism, By Price Range, By Sales Channel, By Application, By Region
Key players                                                                      Abu Garcia, Alvey Reels, Daiwa Corporation, Elec-Tra-Mate, Florida Fishing Products, Hooker Electric, Inc., Mitchell Reel Co., Penn Reels, Pflueger, Scientific Anglers, Shimano, Shakespeare Fishing Tackle, Zebco, Pokee Fishing, Cabela's Inc., AFTCO Mfg., Eagle Claw, Other Prominent Players
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FREQUENTLY ASKED QUESTIONS

The global fishing reels market is expected to reach US$ 6,609.7 million by 2033, growing from US$ 4,409.6 million in 2024. This reflects steady expansion driven by rising participation in recreational and competitive angling, coupled with strong demand for advanced reel technologies.

The market is projected to expand at a compound annual growth rate (CAGR) of 4.6% during the forecast period 2025–2033, supported by technological innovation, increasing sales of premium products, and growing adoption of fishing as both a leisure and sporting activity.

  • Electric reels lead the market with over 33.5% revenue share, particularly favored for deep-sea and specialized fishing.
  • By mechanism, anti-reverse reels dominate with 61.8% share, ensuring solid hook sets and consistent performance.
  • In terms of affordability, reels priced below US$ 100 account for more than 55.4% of market share, making fishing accessible to a wide base of new and casual anglers.

The Asia Pacific region is the global leader, accounting for 62.3% of market share in 2024. Its dominance is fueled by Japanese innovation, Chinese large-scale manufacturing, and strong regional participation. North America and Europe also represent important markets, with growth driven by tournaments, retail power, and niche fishing practices such as carp fishing in Europe.

The fishing reels market is highly competitive, with both established global brands and emerging direct-to-consumer (DTC) players. Leading companies include Shimano, Daiwa Corporation, Penn Reels, Abu Garcia, Pflueger, Zebco, Okuma, Cabela’s Inc., Mitchell Reel Co., and Scientific Anglers, among others. These firms compete on innovation, durability, pricing, and specialized product offerings.

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