Albany, NY -- (SBWIRE) -- 01/04/2017 -- Sports fishing, also known as recreational fishing, is fishing for pleasure or competition. Sports fishing is mainly done with a rod, reel, line, hooks, and a range of baits or lures. The practice of catching fish with a hook is called angling, hence, people who engage in sports fishing are also known as anglers.

The global sports fishing equipment market to grow at a CAGR of 3.06% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global sports fishing equipment market for 2016-2020. To calculate the market size, the report considers the the revenue generated from the retail sales of different types of sports fishing equipment to individual consumers, clubs, and sports organizers.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

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Technavio's report, Global Sports Fishing Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Eagle Claw
- Newell Brands
- Okuma
- Shimano
- Tica
- Key

Other prominent vendors
- 13 Fishing
- AFTCO
- Bass Pro Shops
- Cabela's
- Fenwick
- Globeride
- Gamakatsu
- Gibbs Delta
- O. Mustad & Son
- Rapala

Market driver
- Increasing number of participants in sports fishing
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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