United Arab Emirates (UAE) Fishing Equipment Market Overview, 2028
The fishing equipment market in the United Arab Emirates (UAE) is a thriving industry that has seen significant growth in recent years. The UAE is known for its love of fishing, both as a leisure a... もっと見る
SummaryThe fishing equipment market in the United Arab Emirates (UAE) is a thriving industry that has seen significant growth in recent years. The UAE is known for its love of fishing, both as a leisure activity and as a means of livelihood for many people. The UAE fishing equipment market is driven by a variety of factors, including the increasing popularity of fishing as a leisure activity, the growth of the tourism industry, and the rise in demand for fresh seafood. The country has a large coastline that offers ample opportunities for fishing, and the government has been investing in the development of fishing infrastructure to support the industry. The UAE fishing equipment market is expected to continue its growth trajectory in the coming years. Factors such as the expansion of fishing tourism, the development of new fishing technologies, and the increasing demand for sustainable fishing practices are expected to fuel the market's growth. The market is also likely to see an increase in online sales channels as consumers increasingly shift towards e-commerce platforms for their shopping needs. The fishing equipment market in UAE caters to both commercial and recreational fishing, with a diverse range of products available to suit different fishing styles and preferences. Traditional fishing methods, such as handline fishing and net fishing, are still practiced in some areas, but modern fishing techniques, such as trolling and deep-sea fishing, are becoming increasingly popular. The culture of fishing equipment in UAE emphasizes the importance of high-quality, durable equipment that can withstand the harsh marine environment and support sustainable fishing practices.According to the research report, "UAE Fishing Equipment Market Overview, 2028" published by Bonafide Research, The UAE Fishing Equipment market is expected to grow around at 4% CAGR from 2023 to 2028. With the rise in recreational fishing in the UAE, the demand for fishing equipment is expected to grow. More people are taking up fishing as a hobby or a sport, leading to an increase in demand for fishing equipment. It is a popular tourist destination known for its beaches and fishing opportunities. As the tourism industry continues to grow, there will be an increase in demand for fishing equipment from tourists looking to indulge in recreational fishing. And has a high per capita income, and a significant portion of the population has a high disposable income. This means that consumers are willing to spend on high-quality fishing equipment, creating a lucrative market for manufacturers and retailers. UAE also faces some challenges for the fishing equipment market are; seasonal demand, competition from other leisure activities, environmental concern, import regulation, economic factor. In recent year there have been several innovation development in fishing equipment that can be used in the UAE are smart fishing roads, electronic lures, underwater drones, high-tech fishing reels, eco-friendly fishing gear. There have been several significant electronic advancements in fishing equipment that can be used in the UAE. Some of these are fish finder, GPS navigator, Electric trolling motors, Wireless Sonar Sensors, Electronic Bait Dispensers. These electronic advancements in fishing equipment can help fishermen in the UAE to fish more efficiently, effectively, and with greater success. They can also help to reduce the environmental impact of fishing by allowing fishermen to target specific fish species and avoid catching non-target species. The UAE government has established regulations to ensure that the fishing equipment market operates in a safe and sustainable manner. Some of these regulations are; all fishermen in the UAE must obtain a fishing license from the relevant authorities. This license ensures that fishermen are aware of the rules and regulations surrounding fishing in the UAE, including catch limits, closed seasons, and protected species. The UAE government may temporarily close certain areas to fishing to allow fish populations to recover or to protect spawning grounds. The UAE government has established specifications for fishing gear to ensure that they are safe, sustainable, and suitable for use in the region's waters. Some interesting facts about fishing equipment in the UAE are; Dhow fishing is a traditional fishing method in the UAE that has been used for centuries. Dhows are wooden boats that have been used for fishing in the region's waters for generations. Spearfishing is a popular fishing method in the UAE. Fishermen use specialized equipment, such as spearguns, to catch fish underwater. The UAE has built artificial reefs in its waters to attract fish and enhance marine biodiversity. These reefs are made from recycled materials, such as concrete pipes and old ships. Fishing tournaments are popular events in the UAE. These tournaments attract fishermen from around the world who compete for prizes and bragging rights. The UAE fishing equipment market is based on both freshwater and saltwater fishing, but saltwater fishing is the dominant sector of the market. The country is situated on the Arabian Gulf and the Gulf of Oman, which provide a rich fishing ground for saltwater species. The waters of the Arabian Gulf and the Gulf of Oman are home to a wide variety of fish species, including kingfish, tuna, barracuda, grouper, snapper, and many more. These species are highly sought after by both commercial and recreational fishermen, which have created a strong demand for saltwater fishing equipment in the UAE. In contrast, freshwater fishing is less common in the UAE, as there are limited sources of freshwater in the country. However, there are a few freshwater fishing spots in the UAE, such as the Hatta Dam and the Wadi Al Wurayah National Park, where fishermen can catch species such as tilapia and catfish. Reels, nets, and traps are particularly useful in the UAE fishing equipment market due to the type of fishing that is common in the region. Many fishermen in the UAE use reels for deep-sea fishing, which is a popular type of fishing in the region. Deep-sea fishing requires the use of heavy-duty reels that can handle the weight of large saltwater species such as kingfish and tuna. As a result, reels are in high demand in the UAE fishing equipment market. Nets and traps are also commonly used in the UAE fishing equipment market, particularly for commercial fishing. Fishermen use nets to catch large quantities of fish at once, while traps are used to catch specific species such as crab and lobster. Due to the popularity of commercial fishing in the UAE, there is a high demand for nets and traps in the fishing equipment market. Offline retail stores for the fishing equipment are; Dubai Fishing Equipment, Al-Futtaim Marine, Emirates Fishing, Ocean Active, Barracuda Fishing Equipment, Fishing Corner. Online websites for the fishing equipment are; Fishing UAE, Tackleuae, Al-Futtaim Marine, Ace Fishing, Sport fishing tackle. Considered in this report • Geography: UAE • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • UAE Fishing Equipment market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Hooks • lines • Sinkers & floats • Rods • Reels • Nets & Traps • Spears& Gaffs • Baits & Lures. • Others By Nature • Fresh water • Salt water • Fly Fishing By Distribution Channel • Online • offline The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Fishing Equipment industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry. Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. United Arab Emirates Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. United Arab Emirates Fishing Equipment Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Type 6.3. Market Size and Forecast By Nature 6.4. Market Size and Forecast By Distribution Channel 7. United Arab Emirates Fishing Equipment Market Segmentations 7.1. United Arab Emirates Fishing Equipment Market, By Type 7.1.1. United Arab Emirates Fishing Equipment Market Size, By Hooks, 2017-2028 7.1.2. United Arab Emirates Fishing Equipment Market Size, By Lines, 2017-2028 7.1.3. United Arab Emirates Fishing Equipment Market Size, By Sinkers & floats , 2017-2028 7.1.4. United Arab Emirates Fishing Equipment Market Size, By Rods, 2017-2028 7.1.5. United Arab Emirates Fishing Equipment Market Size, By Reels, 2017-2028 7.1.6. United Arab Emirates Fishing Equipment Market Size, By Nets & Traps, 2017-2028 7.1.7. United Arab Emirates Fishing Equipment Market Size, By Spears& Gaffs, 2017-2028 7.1.8. United Arab Emirates Fishing Equipment Market Size, By Baits & Lures, 2017-2028 7.1.9. United Arab Emirates Fishing Equipment Market Size, By Others, 2017-2028 7.2. United Arab Emirates Fishing Equipment Market, By Nature 7.2.1. United Arab Emirates Fishing Equipment Market Size, By Fresh water, 2017-2028 7.2.2. United Arab Emirates Fishing Equipment Market Size, By Salt water, 2017-2028 7.2.3. United Arab Emirates Fishing Equipment Market Size, By Fly fishing, 2017-2028 7.3. United Arab Emirates Fishing Equipment Market, By Distribution Channel 7.3.1. United Arab Emirates Fishing Equipment Market Size, By Online, 2017-2028 7.3.2. United Arab Emirates Fishing Equipment Market Size, By Offline, 2017-2028 8. United Arab Emirates Fishing Equipment Market Opportunity Assessment 8.1. By Type, 2023 to 2028 8.2. By Nature, 2023 to 2028 8.3. By Distribution Channel, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: United Arab Emirates Fishing Equipment Market Size By Value (2017, 2022 & 2028F) (in USD Billion) Figure 2: Market Attractiveness Index, By Type Figure 3: Market Attractiveness Index, By Nature Figure 4: Market Attractiveness Index, By Distribution Channel Figure 5: Porter's Five Forces of United Arab Emirates Fishing Equipment Market List of Table Table 1 : Influencing Factors for Global Fishing Equipment Market, 2022 Table 2: United Arab Emirates Fishing Equipment Market Size and Forecast By Type (2017, 2022 & 2028F) Table 3: United Arab Emirates Fishing Equipment Market Size and Forecast By Nature (2017, 2022 & 2028F) Table 4: United Arab Emirates Fishing Equipment Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F) Table 5: United Arab Emirates Fishing Equipment Market Size of Hooks (2017 to 2028) in USD Billion Table 6: United Arab Emirates Fishing Equipment Market Size of Lines (2017 to 2028) in USD Billion Table 7: United Arab Emirates Fishing Equipment Market Size of Sinkers & floats (2017 to 2028) in USD Billion Table 8: United Arab Emirates Fishing Equipment Market Size of Rods (2017 to 2028) in USD Billion Table 9: United Arab Emirates Fishing Equipment Market Size of Reels (2017 to 2028) in USD Billion Table 10: United Arab Emirates Fishing Equipment Market Size of Nets & Traps (2017 to 2028) in USD Billion Table 11: United Arab Emirates Fishing Equipment Market Size of Spears& Gaffs (2017 to 2028) in USD Billion Table 12: United Arab Emirates Fishing Equipment Market Size of Baits & Lures (2017 to 2028) in USD Billion Table 13: United Arab Emirates Fishing Equipment Market Size of others (2017 to 2028) in USD Billion Table 14: United Arab Emirates Fishing Equipment Market Size of Fresh water (2017 to 2028) in USD Billion Table 15: United Arab Emirates Fishing Equipment Market Size of Salt water (2017 to 2028) in USD Billion Table 16: United Arab Emirates Fishing Equipment Market Size of Fly fishing (2017 to 2028) in USD Billion Table 17: United Arab Emirates Fishing Equipment Market Size of Online (2017 to 2028) in USD Billion Table 18: United Arab Emirates Fishing Equipment Market Size of Offline (2017 to 2028) in USD Billion
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