| Product Code: ETC229527 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Singapore fishing equipment market, the import trend exhibited a decline from 2023 to 2024, with a growth rate of -13.8%. The compound annual growth rate (CAGR) from 2020 to 2024 was -3.38%. This negative import momentum could be attributed to shifting consumer preferences towards locally sourced products or changes in trade policies affecting imports.
By 2027, the Fishing Equipment market in Singapore is anticipated to reach a growth rate of 3.77%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

The Singapore fishing equipment market reflects the nation`s active fishing and outdoor recreation scene. Catering to fishing enthusiasts and hobbyists, the market encompasses a wide range of products, including fishing rods, reels, lines, and accessories. The popularity of recreational fishing and the availability of coastal areas for fishing activities contribute to the market`s resilience. Retail outlets, online platforms, and specialized fishing stores play a significant role in providing consumers with diverse options. The market`s future prospects are intertwined with factors such as marine conservation efforts, fishing regulations, and consumer interest in outdoor activities.
The Singapore casino gaming equipment market is driven by several key factors. Firstly, the thriving casino industry in Singapore, characterized by world-class integrated resorts and a growing number of tourists, has led to a consistent demand for gaming equipment. The government`s commitment to tourism and entertainment has facilitated the growth of casinos, further boosting the market. Additionally, the constant pursuit of innovation and high-quality gaming experiences by casinos has driven the demand for cutting-edge gaming equipment. Furthermore, Singapore role as a regional gaming hub has made it a preferred market for gaming equipment suppliers, attracting international companies looking to establish a presence in the region. Moreover, the integration of technology, including electronic gaming tables and virtual reality experiences, has expanded the market`s offerings and attracted a diverse audience.
The Singapore fishing equipment market faces several challenges. Firstly, the limited availability of fishing spots and strict regulations around fishing make it challenging for enthusiasts to engage in the sport. Additionally, the high cost of quality fishing gear and the presence of cheaper, lower-quality alternatives in the market can deter potential buyers. Competition from online retailers and the need for effective marketing strategies further compound the difficulties in establishing a foothold in this market.
The Singapore fishing equipment market experienced a significant impact from the COVID-19 pandemic. With restrictions on outdoor activities and travel limitations in place, the demand for fishing gear, including rods, reels, and tackle, declined notably. Retail stores and fishing supply shops faced reduced foot traffic due to lockdowns and social distancing measures. However, online sales of fishing equipment saw a surge as many anglers turned to e-commerce platforms to purchase their gear. The market gradually recovered as restrictions eased, but the overall sales figures for 2025 and early 2025 remained below pre-pandemic levels.
Prominent players in the Singapore fishing equipment market include Shimano, Daiwa, and Rapala. These companies are renowned for manufacturing high-quality fishing rods, reels, and accessories. Their products cater to both recreational and professional anglers, earning them a strong presence in the fishing community.
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 Singapore Fishing Equipment Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Fishing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Fishing Equipment Market - Industry Life Cycle |
3.4 Singapore Fishing Equipment Market - Porter's Five Forces |
3.5 Singapore Fishing Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Fishing Equipment Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Singapore Fishing Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Singapore Fishing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of recreational fishing in Singapore |
4.2.2 Growth in tourism industry leading to more demand for fishing equipment |
4.2.3 Rising disposable income of individuals in Singapore |
4.3 Market Restraints |
4.3.1 Stringent regulations on fishing in certain areas |
4.3.2 Competition from other recreational activities in the leisure market |
5 Singapore Fishing Equipment Market Trends |
6 Singapore Fishing Equipment Market, By Types |
6.1 Singapore Fishing Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Fishing Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Fishing Equipment Market Revenues & Volume, By Hooks, 2021-2031F |
6.1.4 Singapore Fishing Equipment Market Revenues & Volume, By Lines, 2021-2031F |
6.1.5 Singapore Fishing Equipment Market Revenues & Volume, By Sinkers & Floats, 2021-2031F |
6.1.6 Singapore Fishing Equipment Market Revenues & Volume, By Rods, 2021-2031F |
6.1.7 Singapore Fishing Equipment Market Revenues & Volume, By Reels, 2021-2031F |
6.1.8 Singapore Fishing Equipment Market Revenues & Volume, By Nets & Traps, 2021-2031F |
6.1.9 Singapore Fishing Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Singapore Fishing Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Fishing Equipment Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Singapore Fishing Equipment Market Revenues & Volume, By Fresh Water, 2021-2031F |
6.2.3 Singapore Fishing Equipment Market Revenues & Volume, By Salt Water, 2021-2031F |
6.2.4 Singapore Fishing Equipment Market Revenues & Volume, By Fly Fishing, 2021-2031F |
6.3 Singapore Fishing Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Fishing Equipment Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Singapore Fishing Equipment Market Revenues & Volume, By Offline, 2021-2031F |
7 Singapore Fishing Equipment Market Import-Export Trade Statistics |
7.1 Singapore Fishing Equipment Market Export to Major Countries |
7.2 Singapore Fishing Equipment Market Imports from Major Countries |
8 Singapore Fishing Equipment Market Key Performance Indicators |
8.1 Number of fishing licenses issued in Singapore |
8.2 Participation rate in fishing events and competitions |
8.3 Number of fishing tackle shops opening in Singapore |
8.4 Online search trends for fishing equipment in Singapore |
8.5 Frequency of fishing-related social media posts by Singaporean users |
9 Singapore Fishing Equipment Market - Opportunity Assessment |
9.1 Singapore Fishing Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Fishing Equipment Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Singapore Fishing Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Singapore Fishing Equipment Market - Competitive Landscape |
10.1 Singapore Fishing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Singapore Fishing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |