Product Code: ETC229530 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Fishing Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 11.37% in 2025, climbs to a high of 13.59% in 2028, and moderates to 12.83% by 2029.
The Fishing Equipment market in Vietnam is projected to grow at a high growth rate of 13.24% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The fishing equipment market in Vietnam offers a wide range of fishing gear and accessories, including fishing rods, reels, lines, and tackle boxes. Fishing is a popular recreational activity and source of livelihood in Vietnam, given its extensive coastline and abundant water resources. The market caters to the diverse needs of anglers, from hobbyists to professional fishermen, by providing quality equipment and supplies.
The growth of the Vietnam fishing equipment market is driven by the popularity of recreational fishing, the cultural significance of fishing, and the surge in tourism-related fishing activities. Fishing equipment includes rods, reels, lines, hooks, and other accessories necessary for fishing. The market benefits from the widespread interest in fishing as a leisure activity, the presence of diverse fishing spots across Vietnam, and the growing number of tourists engaging in fishing experiences. Manufacturers provide a wide range of fishing equipment catering to both amateur and professional anglers, contributing to the market`s expansion.
The Vietnam fishing equipment market confronts challenges primarily linked to competition, changing fishing practices, and environmental awareness. Fishing equipment is essential for the country`s fishing industry, but competition among manufacturers is high. Additionally, changing fishing practices and regulations may influence the demand for specific types of fishing gear. Manufacturers must adapt by offering a wide range of fishing equipment options while addressing environmental concerns and promoting responsible fishing practices.
The Vietnam fishing equipment market experienced changes in consumer behavior and outdoor activities during the COVID-19 pandemic. With restrictions on travel and limited entertainment options, there was an increased interest in fishing as a recreational activity. The demand for fishing equipment, including rods and reels, surged. Manufacturers adapted by offering a variety of products and emphasizing quality and durability. Despite challenges posed by the pandemic, the market remained dynamic and adjusted to cater to the preferences of outdoor enthusiasts and anglers seeking leisure activities.
Key players in the Vietnam fishing equipment market include domestic retailers of fishing gear and international fishing equipment brands. Domestic retailers like Daiwa Vietnam provide a wide range of fishing equipment and accessories to anglers and fishing enthusiasts within Vietnam. Additionally, international fishing equipment brands like Shimano offer fishing rods, reels, and accessories in the Vietnamese market, serving the needs of recreational and professional fishermen.
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 Vietnam Fishing Equipment Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Fishing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Fishing Equipment Market - Industry Life Cycle |
3.4 Vietnam Fishing Equipment Market - Porter's Five Forces |
3.5 Vietnam Fishing Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Fishing Equipment Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Vietnam Fishing Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Fishing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Fishing Equipment Market Trends |
6 Vietnam Fishing Equipment Market, By Types |
6.1 Vietnam Fishing Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Fishing Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Fishing Equipment Market Revenues & Volume, By Hooks, 2021-2031F |
6.1.4 Vietnam Fishing Equipment Market Revenues & Volume, By Lines, 2021-2031F |
6.1.5 Vietnam Fishing Equipment Market Revenues & Volume, By Sinkers & Floats, 2021-2031F |
6.1.6 Vietnam Fishing Equipment Market Revenues & Volume, By Rods, 2021-2031F |
6.1.7 Vietnam Fishing Equipment Market Revenues & Volume, By Reels, 2021-2031F |
6.1.8 Vietnam Fishing Equipment Market Revenues & Volume, By Nets & Traps, 2021-2031F |
6.1.9 Vietnam Fishing Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Vietnam Fishing Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Fishing Equipment Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Fishing Equipment Market Revenues & Volume, By Fresh Water, 2021-2031F |
6.2.3 Vietnam Fishing Equipment Market Revenues & Volume, By Salt Water, 2021-2031F |
6.2.4 Vietnam Fishing Equipment Market Revenues & Volume, By Fly Fishing, 2021-2031F |
6.3 Vietnam Fishing Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Fishing Equipment Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Vietnam Fishing Equipment Market Revenues & Volume, By Offline, 2021-2031F |
7 Vietnam Fishing Equipment Market Import-Export Trade Statistics |
7.1 Vietnam Fishing Equipment Market Export to Major Countries |
7.2 Vietnam Fishing Equipment Market Imports from Major Countries |
8 Vietnam Fishing Equipment Market Key Performance Indicators |
9 Vietnam Fishing Equipment Market - Opportunity Assessment |
9.1 Vietnam Fishing Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Fishing Equipment Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Vietnam Fishing Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Fishing Equipment Market - Competitive Landscape |
10.1 Vietnam Fishing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Fishing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |