Fact.MR upcoming report on global Fishing Tackle Box market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years.
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Key Questions Answered in the Report
- What are the key trends and challenges that will affect global market in upcoming years?
- What are the factors that will influence the market demand?
- Which region will be the most lucrative for market throughout the forecast period?
- How will evolving regulatory policies impact the market growth?
- What is the impact of Covid-19 on the market?
Fishing Tackle Box Market Segmentation
Fishing tackle boxes come in different forms and sizes, which include:
- Hard fishing tackle boxes.
Hard tackle boxes are robust. A vast majority are made of hardened plastic as they tend to be lighter and are not susceptible to damage due to excessive exposure to water. There are two types of hard fishing tackle boxes:
- Tray style fishing tackle boxes
- Fishing tackle boxes with drawers
- Soft fishing tackle boxes:
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Soft fishing tackle boxes are generally backpacks made of nylon. The advantages of a soft bag is its low weight and its capacity to carry several tools. Soft fishing tackle boxes are usually lightweight as compared to the hard ones.
- Small fishing tackle boxes:
Small fishing tackle boxes comfortably fit into a backpack and enable the storage of tools and accessories that are required for fishing.
Some of the best fishing tackle boxes are:
- Plano 3740 Waterproof Stowaway Fishing Tackle Box
- Plano Double-sided StowAway Fishing Tackle Box
- Ready 2 Fish Tackle Box, Hard Fishing Tackle Box
- Wild River 3606 Multi-Tackle Large backpack Fishing Tackle Box
- Spiderwire Wolf Tackle Box, Soft Fishing Tackle Box
- Striper Saltwater Case Fishing Tackle Box for Saltwater & Wading
Fishing Tackle Box Regional Overview
Every year, about 44 million Americans enjoy fishing in the U.S. and about one million spend an average of 17 days fishing. In 2016, approximately 2.5 million Americans tried fishing for the first time. The report indicates an 8% increase in angling participation from 2011 to 2016. Thus, the demand for fishing tackle boxes is expected to grow, thereby aiding in the expansion of the fishing tackle box market.
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China has the world’s largest fishing industry and accounts for 30% of world’s fish production and 60% of the world’s aquaculture production.
In China, about 25% of the people are engaged in fishing and the annual fish production is about 76.15 billion kg, which creates a lucrative market for fishing tackle boxes in the region.
Important Questions Answered in the Market Report
- Which end user is expected to create lucrative growth opportunities for the global market?
- How is the market likely to evolve in the upcoming years?
- What are the upcoming trends and opportunities likely to prevail the market in the future?
- What innovative strategies are adopted by market players to stay ahead of the pack?
- Which region is expected to be the most lucrative region for the market?
- What are the restraints affecting the growth of the global market?
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