Indonesia Fishing Rods Market (2024-2030) Outlook | Industry, Share, Trends, Growth, Size, Companies, Value, Analysis, Revenue & Forecast

Indonesia Fishing Rods MarketSynopsis

Indonesia is one of the world?s leading fishing nations, with a vast and rich marine environment filled with numerous species of fish. It is estimated that there are over 1,500 different species currently living in Indonesia waters, providing plenty of opportunities for sport and leisure fishermen alike. As such, demand for fishing rods has been steadily increasing in recent years as more people take up angling as either a recreational or professional activity.

Market Trends

In recent years there has been an increased focus on quality when it comes to purchasing fishing rods in Indonesia. Consumers are now demanding better performance from their equipment and are willing to pay higher prices for high-end brands such as Daiwa, Shimano and Penn International. This trend towards higher quality products has led to the development of more specialized rod designs which can better accommodate different types of anglers? needs and preferences. Furthermore, many companies have begun offering custom-made models which allow customers to get exactly what they want out of their purchase.

Market Drivers

The rising popularity of recreational activities like sportfishing is driving growth in the Indonesia fishing rod market due to increased demand for quality equipment at competitive prices. In addition, advancements in technology have enabled manufacturers to create new materials which make these rods light yet strong; this has further boosted sales as buyers now expect greater value from their purchases. Finally, increased disposable incomes among consumers have made them more likely to spend money on recreation items such as fishing gear - thus boosting overall sales figures even further.

COVID-19 Impact on the Market

The global fishing rods market has been impacted by the COVID-19 pandemic, as a result of travel restrictions and lockdowns imposed in various countries. This has disrupted the supply chain for fishing rods, with manufacturers facing difficulty in sourcing raw materials for production. Additionally, many retail stores selling fishing rods have had to close due to lockdown measures, which has reduced sales significantly in several countries.

Challenges of the Market

The main challenge faced by the global fishing rods market is that most sports equipment manufacturers are struggling due to decreased demand from consumers during the pandemic. Moreover, rising costs of raw materials such as carbon fibre and graphite are making it difficult for companies to maintain profitability while producing high quality products at competitive prices. Furthermore, increasing environmental consciousness among anglers is driving them towards more sustainable options like bamboo or wooden poles; this is likely to pose a threat to traditional metal-based manufactures of fishing rod markets over time.

Industry Key Players

Some major players operating within the Global Fishing Rods Market include Shimano Inc., Zebco Europe GmbH & Co KG., FENWICK Fishing Tackle Corporation., Abu Garcia AB (Pure Fishing), Okuma Fishing Tackle Corporation, Daiwa Seiko Incorporated and Eagle Claw (Plano).

Key Highlights of the Report:

• Indonesia Fishing Rods Market Outlook
• Market Size of Indonesia Fishing Rods Market, 2020
• Forecast of Indonesia Fishing Rods Market, 2027
• Historical Data and Forecast of Indonesia Fishing Rods Revenues & Volume for the Period 2023 - 2027
• Indonesia Fishing Rods Market Trend Evolution
• Indonesia Fishing Rods Market Drivers and Challenges
• Indonesia Fishing Rods Price Trends
• Indonesia Fishing Rods Porter's Five Forces
• Indonesia Fishing Rods Industry Life Cycle
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Product for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Spinning Rods for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Fly Fishing Rods for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Casting Rods for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Raw Material for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Bamboo for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Fiberglass for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Carbon Fiber for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Application for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Competitive Casting for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Recreational for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Commercial for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Distribution Channel for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Online for the Period 2023 - 2027
• Historical Data and Forecast of Indonesia Fishing Rods Market Revenues & Volume By Offline for the Period 2023 - 2027
• Indonesia Fishing Rods Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Raw Material
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Distribution Channel
• Indonesia Fishing Rods Top Companies Market Share
• Indonesia Fishing Rods Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Fishing Rods Company Profiles
• Indonesia Fishing Rods Key Strategic Recommendations