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 2031.
Fishing Wader Market 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 in the last few years. Women have a crucial role in the small-scale fishery as well. The demand for fishing waders and related products is now growing among women, and these women are finding a different alternative through multi-brand retail shops and online channels. This is expected to enhance the fishing wader market growth in the forecast period.
Data Bridge Market Research analyses that the global fishing wader market is expected to reach USD 6.31 billion by 2031, which was USD 3.51 billion in 2023, registering a CAGR of 7.60% during the forecast period of 2024 to 2031. 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.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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
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Market Players Covered
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Decathlon (France), Simms Fishing Products (U.S.), Magnum (NZ) Ltd. (New Zealand), The Orvis Company, Inc (U.S.), FROGG TOGGS (U.S.), LaCrosse Footwear (U.S.), Gator Waders, LLC. (U.S.), Caddis Waders (U.S.), Pacific Eagle Enterprise Co., Ltd (Taiwan), Shanghai Lywish Outdoor Co., Ltd. (China), Pure Fishing, Inc. (U.S.), Patagonia, Inc (U.S.), Far Bank Enterprises (U.S.), DaChing Shoes Co., Ltd (China), Paramount Outdoors (U.S.), AQUAZ USA (U.S.), Wellpath International Co., Ltd. (U.S.), FishingEvolution (U.S.), Columbia Sportswear Company (U.S.)
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Market Opportunities
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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. Three major fishing waders are available in the global market: waist-high, hip, and chest-high waders.
Fishing Wader Market Dynamics
Drivers
- Increasing Demand of Fishing Waders for Personal Usage
Fishing waders are generally used for recreational activities such as canoeing, kayaking, and birdwatching. They offer warmth and keep individuals dry while participating in these recreational activities. Fishing waders are also used for agricultural purposes such as duck hunting and rice farming. Some individuals also use them in construction to avoid contact with chemicals or contaminated water. Therefore, increasing demand for fishing waders 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 are growing the demand for 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, increased demand for such fishing equipment is anticipated to help the market grow during the forecast period.
Opportunities
- Increasing Popularity of Fishing Chest Waders
In recent years, fishing chest waders' popularity has increased 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 despite wading up to their chest levels in the water. The demand for 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
- High Cost of Quality Waders
The high cost of quality waders represents a significant restraint in the fishing waders market. While premium waders offer enhanced durability, comfort, and features, their steep price tags can deter budget-conscious anglers. This barrier to entry limits access to high-quality gear, particularly for casual or novice fishermen. Additionally, the expense of quality waders may compel some anglers to settle for lower-priced options, sacrificing performance and longevity. As a result, affordability remains a crucial consideration for consumers when purchasing fishing waders.
- Limited Breathability Leading to Perspiration
Limited breathability in fishing waders presents a notable challenge in the market. Waders with poor breathability can trap moisture and heat, leading to discomfort and excessive perspiration during prolonged use. This diminishes the angler's overall comfort and increases the risk of developing skin irritations or fungal infections.
This 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 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 July 2022, Gurden, a leading fishing gear manufacturer, partnered with GORE-TEX to launch the Gore-Tex Wader collection in the fishing waders market. This collaboration introduced advanced waders featuring GORE-TEX technology, renowned for its waterproof and breathable properties. The Gore-Tex Wader collection aimed to provide anglers with high-performance gear, offering enhanced comfort, durability, and protection against the elements during fishing expeditions
Fishing Wader Market Scope
The 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 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 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 revenue and market share due to the increasing population and growing acceptance of fashion products among consumers in this region. Furthermore, increasing preference for using natural fillings in the pillow and rising personal disposable income will further boost the market growth.
Europe is expected to be the fastest developing region during the forecast period due to the growing demand for fishing waders such as colored 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 such as 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 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 market.
Some of the major players operating in the market are:
- Decathlon (France)
- Simms Fishing Products (U.S.)
- Magnum (NZ) Ltd. (New Zealand)
- The Orvis Company, Inc (U.S.)
- FROGG TOGGS (U.S.)
- LaCrosse Footwear (U.S.)
- Gator Waders, LLC. (U.S.)
- Caddis Waders (U.S.)
- Pacific Eagle Enterprise Co., Ltd (Taiwan)
- Shanghai Lywish Outdoor Co., Ltd. (China)
- Pure Fishing, Inc. (U.S.)
- Patagonia, Inc (U.S.)
- Far Bank Enterprises (U.S.)
- DaChing Shoes Co., Ltd (China)
- Paramount Outdoors (U.S.)
- AQUAZ USA (U.S.)
- Wellpath International Co., Ltd. (U.S.)
- FishingEvolution (U.S.)
- Columbia Sportswear Company (U.S.)
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