The global fishing waders market size was valued at USD 2.82 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2021 to 2028. The increasing use of fishing waders is attributed to the growing participation in outdoor recreational activities in various developing countries, including China and India, thus expanding the market scope. Fishing is one of the most popular outdoor recreational activates in the U.S. In 2019, over 50 million people in the U.S. participated in outdoor fishing activities, which is likely to drive the market during the forecast period. Fishing wader is a waterproof outdoor garment that covers the human body from chest to foot. The waders act as waterproof shoes and boots. It provides a waterproof layer from the chest to the foot. It also comes in different styles, such as stocking foot waders and boot foot waders. Rapid growth in the number of people who depend on fish and fish-related products for a living, accompanied by the adoption of fishing waders, is estimated to boost the market growth.
The growth in the fishing textile sector and technological advancements have paved the way for market growth. The request for different types of fish waders mainly depends on factors such as temperature, climate, season, and activity type. Neoprene fish waders are widely used for goose and duck hunting activities owing to their exceptional insulation of the material. The demand for neoprene fish waders is seen increasing during winters than other seasons. This is likely to drive sales of fish waders during the forecast period.
The COVID-19 pandemic is estimated to have an intermediate impact on market growth. Although the demand from hobbyists is likely to decline due to social distancing norms and lockdowns, demand from the fishing sector, mainly in developed nations such as Australia, Norway, Japan, Canada, and the U.S. is expected to remain stable. As governments continue to impose trade restrictions on non-essential goods and services due to the COVID-19 pandemic, supply chain bottlenecks have been majorly impacted.
Chest products held the largest share of 38.1% in 2020. These are the most protective and durable waders for active outdoors. It provides 100% waterproof protection. Chest waders are also used for various activities other than fishing, camping, riding ATVs, and even playing outside. It gives an extra insulating layer that provides warmth in mud or cold water.
The waist segment will register the highest growth rate over the forecast period owing to its increasing demand. The strong foothold of manufacturing players worldwide providing waist fishing waders to customers is anticipated to influence this segment growth during the forecast period. In addition, manufacturers are adopting different market strategies to increase their customer base. The online advertisement of waist wader, coupled with celebrity endorsements and increasing preference among buyers, is also driving the segment.
The nylon segment held the largest share of nearly 36.0% in 2020. The segment is estimated to witness considerable growth over the forecast period owing to increasing brands, improving luxury lifestyle, and transforming business approach. The preference for nylon fishing wader is growing among customers due to its affordability and comfort.
The polyester segment will register the highest growth rate over the forecast period as it doesn’t get damaged easily. It is one of the popular options among fishermen. Polyester wader is very versatile, lightweight, and available in all heights. It also has a moisture-wicking base layer underneath, which makes it usable during cold conditions.
The online channel held the largest share of more than 69.0% in 2020. Such channels provide benefits such as free shipping and product variability. In addition to the many fishing wader products and classic mail-order sales, the growing incidence of delivery services and app-based sellers that are significantly popular is estimated to drive the segment over the forecast period.
The offline channel is estimated to register the fastest CAGR of 6.5% from 2021 to 2028 due to the increasing number of hypermarkets and supermarkets as they give consumers easy access globally. The exclusive retail stores have gained significant popularity among manufacturers over the past few years. This has also strengthened the offline distribution channel. Hence, the offline channel is estimated to witness significant growth over the forecast period.
North America captured the largest share of over 36.0% in 2020 due to the high product demand in the U.S. and Canada. Furthermore, the increasing purchasing power of the consumers in this region is fueling the market growth. As North America presents attractive opportunities for the consumer goods sector, the market is projected to witness considerable growth over the forecast period.
Asia Pacific is expected to expand at the fastest CAGR of 7.3% from 2021 to 2028. This is attributed to the growing trend of fishing waders in this region. An increase in disposable income in countries, like China and India, is also likely to drive the market over the forecast period. The rise of the digital economy and demographics and reduction of productivity have impacted the market growth in this region.
The main focus of the companies is on innovating new products in order to meet the increasing demand. The manufacturers are also focusing on enhancing the comfort levels of their products and provide advanced fish waders that enhance the overall fishing experience. Moreover, new product launches among the industry participants with quality material and new designs that enable durable and lightweight product forms are projected to expand the market in the near future. Some prominent players in the global fishing wader market include: -
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Report Attribute |
Details |
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Market size value in 2021 |
USD 2.97 billion |
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Revenue forecast in 2028 |
USD 4.51 billion |
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Growth Rate |
CAGR of 6.0% from 2021 to 2028 |
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Base year for estimation |
2020 |
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Historical data |
2017 - 2019 |
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Forecast period |
2021 - 2028 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2021 to 2028 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Product, material, distribution channel, region |
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Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
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Country scope |
U.S.; Germany; U.K.; France; China; Japan; Brazil; South Africa |
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Key companies profiled |
Cabela's LLC; Columbia Sportswear Company; Caddis Waders; Pure Fishing, Inc.; Gator Waders, LLC; Redington; Pacific Eagle Enterprise Co., Ltd.; Simms Fishing Products; Patagonia, Inc.; The Orvis Company Inc. |
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Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Million Insights has segmented the global fishing wader market report on the basis of product, material, distribution channel, and region:
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