South Africa Fishing Equipment Market Research Report, 2028

South Africa Fishing Equipment Market Research Report, 2028

Actual Market Research 31-03-2023 60 Pages Figures : 5 Tables : 18 Region : MEA Country : United Arab Emirates Category : Consumer Goods & Services Leisure

The fishing equipment market in South Africa is a rapidly growing industry, driven by the country's vast coastline and rich marine biodiversity. The market is composed of various products and segments, ranging from fishing rods and reels to lures and accessories. One of the key drivers of the market is the increasing popularity of recreational fishing among the country's growing middle class. Many South Africans are now taking up fishing as a hobby or sport, and are investing in high-quality equipment to enhance their fishing experience. In recent years, there has been a trend towards more eco-friendly and sustainable fishing practices and this has led to an increase in demand for environmentally friendly fishing equipment. This includes biodegradable fishing line and lead-free sinkers. The South African government has also introduced regulations and restrictions on fishing practices to protect the country's fish stocks and marine ecosystem. Factor driving the growth of the fishing equipment market in South Africa is the expansion of the commercial fishing industry. South Africa has a rich fishing heritage, and the country's commercial fishing industry is an important contributor to its economy. As the industry continues to grow, the demand for fishing equipment, including specialized gear for commercial fishing, is also increasing. According to the research report, "South Africa Fishing Equipment Market Research Report, 2028" published by Actual Market Research, The South Africa Fishing Equipment market was valued more than at USD 67 Million in 2022. Fishing is an important industry in South Africa, providing employment and contributing to the country's economy. Recreational fishing is a popular activity in South Africa, attracting both local and international tourists. Fishing equipment is necessary for tourists who want to participate in the activity, promoting tourism and contributing to the economy. Fishing equipment is important for promoting conservation and sustainability in the fishing industry. By using the right gear, such as selective fishing gear and sustainable fishing techniques, fishermen can reduce the impact of their activities on the environment and help to protect fish populations for future generations. The fishing equipment market in South Africa faces some challenges, including the impact of environmental regulations on the fishing industry, as well as the presence of illegal fishing practices in the country. Despite these challenges, the market is expected to continue growing in the coming years, driven by the increasing demand for high-quality fishing equipment and the expansion of the fishing industry in South Africa. The South Africa fishing equipment market has several strengths that contribute to its growth and development. Here are some of the key strengths of the South Africa fishing equipment market; Rich marine and freshwater resources, Growing tourism industry, Technological advancements, growing popularity of catch-and-release fishing and Growing awareness of the benefits of fishing. Some interesting facts about fishing equipment in South Africa, While conventional rod and reel fishing is still the most popular type of fishing in South Africa, fly fishing is gaining popularity among anglers. Fly fishing requires specialized equipment, such as fly rods, reels, and lines, and can be used to catch a wide variety of freshwater and saltwater fish. Braided fishing line is a popular type of fishing line in South Africa. It is strong and durable, making it ideal for catching larger fish. It is also less visible in the water than monofilament fishing line, making it less likely to spook fish. Kayak fishing is becoming increasingly popular in South Africa, as it allows anglers to access areas that are difficult to reach by boat or on foot. Kayaks can be equipped with specialized fishing gear, such as rod holders and fish finders, making them a versatile and effective fishing platform. The booming South African fishing equipment market for freshwater can be attributed to a combination of factors, including the popularity of recreational fishing, increased access to freshwater fishing locations, growth of the fish farming industry, government initiatives to support the industry, and a focus on conservation and sustainability. South Africa offers many popular spots for recreational freshwater fishing. Here are some of are; Inanda Dam, Mokolo Dam, Loskop Dam, Vaal Rive, Driekoppies Dam, Gariep Dam. Fishing tournaments are popular in South Africa, and there are several fishing equipment tournaments held throughout the year. These tournaments provide an opportunity for anglers to showcase their skills, compete against each other, and win prizes. Here are some examples of fishing equipment tournaments held in South Africa: The South African Fishing Tackle Agents and Distributors (SAFTAD) Bass Challenge, The South African Carp Angling Championships, The Billfish 15000, The KZN Winter Gamefish Tournament, The SADSAA Deep Sea Classic. Super specialty stores offer a more specialized and personalized shopping experience for customers looking to purchase fishing equipment in South Africa. This has contributed to their growing popularity among anglers in the country. There are several super specialty stores that sell fishing equipment in South Africa. Here are; Stealth Fly Fishing, Hook, Line & Sinker, Outdoor Warehouse, Master Tackle. In the fishing equipment market in South Africa, there are several types of fishing equipment that are commonly used. Here is some of the most useful fishing equipment in South Africa: Fishing rods and reels are essential equipment for all types of fishing. They come in a variety of sizes, lengths, and types, depending on the type of fish being targeted and the fishing technique being used. Fishing line is used to connect the fishing rod to the bait or lure. It comes in different strengths and materials, depending on the fishing technique being used and the type of fish being targeted. Lures and bait are used to attract fish to the fishing line. They come in a wide range of shapes, sizes, and colours, and are designed to mimic the natural food sources of the fish being targeted. Considered in this report • Geography: South Africa • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • South Africa Fishing Equipment market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Hooks • lines • Sinkers & floats • Rods • Reels • Nets & Traps • Spears& Gaffs • Baits & Lures. • Others By Nature • Fresh water • Salt water • Fly Fishing By Distribution Channel • Online • offline The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Fishing Equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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