Fishing Keeps Reeling in More Anglers
- June 21, 2018
- By Todd Whitesel
Fishing maintains its standing as one of America's favorite outdoor activities. In 2016, fishing was the second-most popular outdoor activity in the United States, trailing only to running/jogging.
Participants can enjoy fishing on many levels, from dunking a worm along a shoreline for panfish to the challenge of chasing muskies on large lakes with heavy-duty gear. No matter the approach, it's the bond with nature and being outdoors that keeps anglers casting their lines into the water.
In 2016, some 16% of all Americans ages 6 and older went fishing. That includes an increase of 1.5 million fishing participants, for a total of 47.2 million anglers.
There were approximately 29.4 million paid fishing license holders in the United States in 2017, which represents the highest number of licensees since 2002. The number of paid fishing license holders has also increased year after year since 2014, up 1.47 million from 2014 to 2017.
The upward trend in fishing participation is expected to continuen. In Spring 2017, nearly 51.6 million anglers had gone fishing in the past 12 months. That was the highest level of participation in a 12-month period going back to 2008.
And for 2018, participation in freshwater fishing is projected to rise 2.69% from 2017.
Research firm Technavio predicts the sport fishing equipment market will benefit from new angler participation, particularly in freshwater fishing.
Technavio notes that the fishing rods segment saw the biggest gains in the sport fishing equipment market in 2017. And it's anticipated that “the market will continue to witness major growth in the fishing rod segment throughout the projected period [by 2021] as well.”
The freshwater sport fishing market is expected to grow the U.S. during this time, too, thanks in part to more women and youth anglers.
The company's analysts predict the global sport fishing equipment market will see revenues of over $15 billion (USD) by 2021.
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