Product Code: ETC097965 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Fishing Rods Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at -0.10% in 2025, it steadily loses momentum, ending at -0.17% by 2029.
Malaysia's Fishing Rods market is anticipated to experience a negative growth rate of -0.12% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The fishing rods industry in Malaysia is estimated to be worth about RM300 million (USD72 million). It continues to grow each year thanks largely to a combination of government support for sport fishing activities alongside increased interest from both local anglers and international tourists alike. Additionally, there are dozens of tackle shops around the country offering customers access to a wide selection of high-quality rods at attractive prices which further bolsters this industry?s growth prospects going forward.
The Malaysia fishing rods market is likely to witness growth due to the popularity of recreational fishing and water sports. Fishing is a common leisure activity in Malaysia, given its rich coastal and freshwater resources. The growing interest in outdoor activities, the rise of water-based tourism, and the availability of a wide range of fishing rods for different fishing techniques will drive the market. Additionally, the promotion of sustainable fishing practices and the development of eco-friendly fishing gear will further boost market demand.
The Malaysia fishing rods market encounters challenges related to the competition from imported fishing equipment, especially from lower-cost manufacturing countries. Market players must focus on offering quality and specialized fishing rods tailored to the preferences of local anglers. Additionally, the market might face challenges in promoting sustainable fishing practices and educating consumers about responsible fishing gear usage.
The fishing rods market in Malaysia faced challenges during the pandemic due to the restrictions on outdoor activities and limited access to fishing spots. Reduced tourism and travel restrictions also impacted the demand for fishing gear. However, with the easing of restrictions and the resumption of outdoor activities, the market is expected to rebound as recreational fishing and water-based tourism activities resume.
The Malaysia fishing rods market is anticipated to show promising growth in the upcoming years. Key players in this market comprise major fishing rod manufacturers and suppliers, such as Angler`s Choice, RodMaster Inc., and ReelCrafters. These companies offer a diverse range of fishing rods catering to various fishing styles and are likely to benefit from the increasing popularity of recreational fishing in the region.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Fishing Rods Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Fishing Rods Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Fishing Rods Market - Industry Life Cycle |
3.4 Malaysia Fishing Rods Market - Porter's Five Forces |
3.5 Malaysia Fishing Rods Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Malaysia Fishing Rods Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Malaysia Fishing Rods Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Malaysia Fishing Rods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Fishing Rods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Fishing Rods Market Trends |
6 Malaysia Fishing Rods Market, By Types |
6.1 Malaysia Fishing Rods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Fishing Rods Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Malaysia Fishing Rods Market Revenues & Volume, By Spinning Rods, 2021-2031F |
6.1.4 Malaysia Fishing Rods Market Revenues & Volume, By Fly Fishing Rods, 2021-2031F |
6.1.5 Malaysia Fishing Rods Market Revenues & Volume, By Casting Rods, 2021-2031F |
6.1.6 Malaysia Fishing Rods Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Fishing Rods Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Fishing Rods Market Revenues & Volume, By Bamboo, 2021-2031F |
6.2.3 Malaysia Fishing Rods Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.4 Malaysia Fishing Rods Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2.5 Malaysia Fishing Rods Market Revenues & Volume, By Others, 2021-2031F |
6.3 Malaysia Fishing Rods Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Fishing Rods Market Revenues & Volume, By Competitive Casting, 2021-2031F |
6.3.3 Malaysia Fishing Rods Market Revenues & Volume, By Recreational, 2021-2031F |
6.3.4 Malaysia Fishing Rods Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 Malaysia Fishing Rods Market Revenues & Volume, By Others, 2021-2031F |
6.4 Malaysia Fishing Rods Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Fishing Rods Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Malaysia Fishing Rods Market Revenues & Volume, By Offline, 2021-2031F |
7 Malaysia Fishing Rods Market Import-Export Trade Statistics |
7.1 Malaysia Fishing Rods Market Export to Major Countries |
7.2 Malaysia Fishing Rods Market Imports from Major Countries |
8 Malaysia Fishing Rods Market Key Performance Indicators |
9 Malaysia Fishing Rods Market - Opportunity Assessment |
9.1 Malaysia Fishing Rods Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Malaysia Fishing Rods Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Malaysia Fishing Rods Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Malaysia Fishing Rods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Fishing Rods Market - Competitive Landscape |
10.1 Malaysia Fishing Rods Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Fishing Rods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |