Fishing tackle sales across US rose by 12% in 2018
Article Media Click images to enlarge +
Consumer spending on fishing tackle in the US rose by 12% last year, according to a report released by angling research specialist, Southwick Associates.
The growth was primarily led by an increase in spending on rods, reels and combos, which posted significant gains in both retail dollars and units sold. Overall units across the sport fishing market grew by 2%.
“Although fishing participation was relatively flat in 2018, consumers spent more on fishing equipment than in the previous year,” said Nancy Bacon, Vice President of Southwick Associates. “While all levels of the trade may not be seeing this large an increase due to inventory issues associated with retail mergers and other factors, consumers are still spending on fishing equipment with more avenues available to purchase product than ever before.”
The new ‘2018 Retail Market Size Report – Sportfishing Equipment’ is available from Southwick Associates for $3,000. It covers retail dollar and unit sales estimates of specific equipment directly associated with sport fishing including products in rods, reels, lures and baits, fishing line, terminal tackle, fishing electronics, fishing apparel, and more.
For information on Southwick Associates market size report and to view a sample report, visit www.SouthwickAssociates.com