Product Code: ETC099779 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Fishing Reels market currently, in 2023, has witnessed an HHI of 2714, Which has decreased slightly as compared to the HHI of 2932 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) Fishing Reels market has been witnessing steady growth due to the popularity of recreational fishing and the country`s thriving marine tourism industry. Fishing reels are essential fishing equipment used to cast and retrieve fishing lines, making them a crucial component for both recreational and professional anglers. The UAE strategic location along the Arab Gulf and the Indian Ocean, coupled with its rich marine biodiversity, has driven the demand for fishing reels among locals and tourists alike. Moreover, the Covid-19 pandemic, which led to a surge in domestic tourism and outdoor activities, further boosted the demand for fishing reels in the UAE.
Several factors have contributed to the growth of the Fishing Reels market in the UAE. Firstly, the country`s strong marine tourism sector attracts fishing enthusiasts from around the world. Tourists and locals alike engage in recreational fishing, leading to a steady demand for fishing equipment, including fishing reels. Secondly, the UAE commitment to sustainable fishing practices and marine conservation has encouraged responsible fishing among anglers, prompting them to invest in high-quality fishing reels that align with these principles. Additionally, the UAE pleasant climate and picturesque coastal locations provide ample opportunities for fishing activities, fostering the growth of the fishing and fishing equipment industry.
Despite its growth, the UAE Fishing Reels market faces certain challenges. One significant challenge is the competition from other fishing equipment manufacturers and retailers. The market offers a wide range of fishing reels from various brands, making it essential for manufacturers and retailers to differentiate their products and offer unique features to attract customers. Moreover, the availability of counterfeit and low-quality fishing reels in the market can impact the reputation of authentic brands and deter customers from making informed purchases.
The Covid-19 pandemic had a notable impact on the UAE Fishing Reels market. As international travel restrictions were in place, many residents turned to domestic tourism and outdoor activities, including fishing. The increase in the number of people engaging in recreational fishing led to a surge in the demand for fishing reels and other fishing equipment. The pandemic also highlighted the importance of leisure activities that can be enjoyed while maintaining social distancing, further promoting fishing as a popular pastime.
Several key players operate in the UAE Fishing Reels market, providing a wide range of fishing reels to cater to different fishing techniques and preferences. These key players include renowned fishing equipment manufacturers, retailers, and distributors. Some notable key players in the UAE Fishing Reels market are Shimano Inc., Daiwa Corporation, and Penn Fishing Tackle Manufacturing Co. These companies play a crucial role in supplying high-quality and durable fishing reels to fishing enthusiasts and tourists in the UAE.
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 United Arab Emirates (UAE) Fishing Reels Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Fishing Reels Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Fishing Reels Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 United Arab Emirates (UAE) Fishing Reels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Fishing Reels Market Trends |
6 United Arab Emirates (UAE) Fishing Reels Market, By Types |
6.1 United Arab Emirates (UAE) Fishing Reels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Spinning Reel, 2018 - 2031F |
6.1.4 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Baitcasting Reel, 2018 - 2031F |
6.1.5 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Spincast Reel, 2018 - 2031F |
6.1.6 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 United Arab Emirates (UAE) Fishing Reels Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Online, 2018 - 2031F |
6.2.3 United Arab Emirates (UAE) Fishing Reels Market Revenues & Volume, By Offline, 2018 - 2031F |
7 United Arab Emirates (UAE) Fishing Reels Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Fishing Reels Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Fishing Reels Market Imports from Major Countries |
8 United Arab Emirates (UAE) Fishing Reels Market Key Performance Indicators |
9 United Arab Emirates (UAE) Fishing Reels Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Fishing Reels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Fishing Reels Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 United Arab Emirates (UAE) Fishing Reels Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Fishing Reels Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Fishing Reels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |