Global Fishing Wader Market – Industry Trends and Forecast to 2030

Global Fishing Wader Market, By Product (Chest Waders, Hip Waders, Waist Waders), Style (Boot Foot Waders, Stocking Foot Waders), Material (Nylon, Polyester, Neoprene, Rubber, Others), Size (Small, Medium, Large), Applications (Personal Use, Commercial Use, Other), End User (Men, Women, Children), Distribution Channel (Online, Offline) – Industry Trends and Forecast to 2030.

Fishing Wader Market Analysis and Size

According to the Food and Agriculture Organization, approximately 12 percent of women were engaged in the fishing or fishing sector. This figure has been progressively increasing last few years. Women have a crucial role in small-scale fishing as well. The demand for the fishing waders and related products is now growing among women, and these women are finding a different alternatives through multi-brand retail shops and online channels. This is expected to enhance the fishing wader market growth forward in the forecast period.

Data Bridge Market Research analyses that the fishing wader market is expected to reach USD 5.87 billion by 2030, which is USD 3.26 billion in 2022, registering a CAGR of 7.60% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Fishing Wader Market Scope and Segmentation

Market Definition

Fishing waders are garments worn by anglers, fishermen and others while participating in activities near or in the water. Fishing waders offer buoyancy, thermal insulation and protection from animals and sharp objects. There are three major fishing waders available in the global market: waist-high waders, hip waders and chest-high waders.

Fishing Wader Market Dynamics

Drivers

• Increasing demand of fishing wader for personal usage

Fishing waders are generally used for personal use for recreational activities such as canoeing, fishing, kayaking and birdwatching. They offer warmth and keep individuals dry while participating in these recreational activities. Fishing waders are also used in agricultural purposes such as duck hunting and rice farming. Some individuals also use them in the construction work to avoid contact with chemicals or contaminated water. Therefore, increasing demand for fishing wader for personal usage is likely to propel the market's growth during the forecast period.

• Growing usage of fishing waders for safety purposes

The increasing safety concerns among people during fishing is being growing the demand for the fishing waders worldwide. Hence, people are inclining more toward fishing waders because these products help keep the wearer dry and protect them from minor abrasions, insect bites, and cold water. Therefore, increase in the demand for such fishing equipment is anticipated to help in the growth of the market during the forecast period.

Opportunities

• Increasing popularity of fishing chest waders

In recent years, fishing chest waders' popularity is increasing due to their numerous advantages, such as their ability to provide twofold coverage than fishing hip waders and fishing waist waders. Hence, these products cover about 70 percent of the body. Furthermore, they help fishers keep themselves dry even though wading in the water up to their chest levels. The demand for the fishing chest waders is also increasing due to their ability to sustain in adverse weather conditions. Therefore, the increasing demand for the chest waders product will be expected to create new and ample opportunities for the market's growth at a notable pace during the forecast period.

Restraints/ Challenges

• Lack of expertise and strict regulations associated with fishing wader market

Lack of expertise in effective fisheries resource management will most probably lead to overfishing which is anticipated to act as a major restraint for the market growth. Moreover, the strict rules and regulations associated with anti-dumping and overfishing are anticipated to be the major challenging factor for the market growth during the forecast period of 2023-2030.

This fishing wader market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fishing wader market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In April 2020, Great American Outdoors Group which is the parent company of Bass Pro started their partnership with Cabela’s to procure Utah-based Sportsman’s Warehouse. This company will remain a private company that acquired Sportsman’s Warehouse for $18.00 per share in cash.

 Global Fishing Wader Market Scope

The fishing wader market is segmented on the basis of product, style, material, size, applications, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Chest Waders
• Hip Waders
• Waist Waders
• Style
• Boot Foot Waders
• Stocking Foot Waders

 Material

• Nylon
• Polyester
• Neoprene
• Rubber
• Others

Size

• Small
• Medium
• Large

 Applications

• Personal Use
• Commercial Use
• Other

End User

• Men
• Women
• Children

 Distribution Channel

• Online
• Offline

Fishing Wader Market Regional Analysis/Insights

The fishing wader market is analyzed and market size insights and trends are provided by country, product, style, material, size, applications, end user and distribution channel as referenced above.

The countries covered in the fishing wader market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the fishing wader market in terms of revenue and market share due to the increasing population and growing acceptance of fashion products among consumers in this region. Furthermore, increasing preference for the usage of natural fillings in the pillow and increasing personal disposable income will further boost the market growth.

Europe is expected to be the fastest developing region during the forecast period of 2023-2030 due to growing demand for fishing wader such as coloured contact lenses, sunglasses and frames as fashion accessories in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Fishing Wader Market Share Analysis

The fishing wader market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fishing wader market.

Some of the major players operating in the fishing wader market are:

• Decathlon Sports India Pvt Ltd (India)
• Simms Fishing Products (U.S.)
• Magnum (NZ) Ltd (New Zealand)
• The Orvis Company, Inc. (U.S)
• FROGG TOGGS (U.S.)
• LaCrosse Footwear (U.S.)
• Cabela's Inc. (U.S.)
• Gator Waders, LLC. (U.S.)
• Caddis Waders (U.S.)
• Pacific Eagle Enterprise Co., Ltd (Taiwan)
• Pure Fishing, Inc. (U.S.)
• Shanghai Lywish Outdoor Co.,Ltd (China)