Sports fishing equipment market to grow to $18B by 2032 with innovation and sustainability driving growth.

The global sports fishing equipment market is projected to grow from $13.4 billion in 2026 to $18.04 billion by 2032, at a CAGR of 4.98%. Growth is driven by product innovation, changing consumer preferences for high-performance and sustainable gear, and supply chain resilience strategies. The market report highlights opportunities for manufacturers and retailers to leverage technology, sustainability, and omni-channel approaches to stay competitive and meet evolving demands.