Tools commonly used in the Fishing Tackle (Wholesale) industry for day-to-day tasks and operations.

• Fishing rods
• Fishing reels
• Fishing lures
• Fishing lines
• Fishing hooks
• Fishing nets
• Fishing pliers
• Fishing scissors
• Fishing tackle boxes
• Fishing waders
• Fishing vests
• Fishing hats
• Fishing sunglasses
• Fishing gloves
• Fishing scales
• Fishing rod holders
• Fishing rod racks
• Fishing rod cases
• Fishing line spoolers

Common products and services typical of NAICS Code 423910-18, illustrating the main business activities and contributions to the market.

• Fishing rods and reels
• Fishing lures and baits
• Fishing lines and hooks
• Fishing nets and traps
• Fishing accessories and tools
• Fishing apparel and footwear
• Fishing kayaks and canoes
• Fishing boats and motors
• Fishing electronics and sonar
• Fishing books and magazines

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• US Coast Guard Captain's License: A certification required for those who operate vessels carrying passengers or cargo for hire. The license is issued by the US Coast Guard and requires applicants to pass a written exam, a physical exam, and a drug test. The license is valid for five years and must be renewed.
• Commercial Fishing License: A license required for those who engage in commercial fishing activities. The license is issued by the state where the fishing activities take place and requires applicants to meet certain qualifications, such as residency and age requirements.
• Import/export License: A license required for those who engage in the import or export of fishing tackle products. The license is issued by the US Department of Commerce and requires applicants to provide detailed information about their business activities.
• Hazardous Materials Endorsement: A certification required for those who transport hazardous materials, such as fuel or chemicals, by land. The endorsement is issued by the US Department of Transportation and requires applicants to pass a background check and a written exam.
• Occupational Safety and Health Administration (OSHA) Certification: A certification required for those who work in the fishing tackle industry and are exposed to hazardous materials or dangerous equipment. The certification is issued by OSHA and requires applicants to complete a training program and pass an exam.

A concise historical narrative of NAICS Code 423910-18 covering global milestones and recent developments within the United States.

• The fishing tackle industry has a long history dating back to ancient times when people used simple tools like spears and nets to catch fish. The first fishing reel was invented in the 17th century, and the first fishing line was made of silk in the 18th century. The first artificial bait was invented in the 19th century, and the first fishing rod made of bamboo was introduced in the early 20th century. In the United States, the fishing tackle industry started to grow rapidly in the 1950s and 1960s, thanks to the increasing popularity of recreational fishing. The industry has continued to evolve with the introduction of new materials and technologies, such as graphite and carbon fiber rods, braided lines, and electronic fish finders. Recent history has seen the fishing tackle industry face challenges due to the decline in the number of people participating in recreational fishing. However, the industry has adapted by focusing on innovation and sustainability. For example, many companies are developing eco-friendly products and promoting catch-and-release practices. The rise of e-commerce has also had a significant impact on the industry, with many wholesalers now selling their products online. Overall, the fishing tackle industry has a rich history and continues to evolve to meet the changing needs of consumers.

The anticipated future trajectory of the NAICS 423910-18 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The fishing tackle wholesale industry in the USA is expected to experience steady growth in the coming years. The increasing popularity of recreational fishing and the growing number of fishing enthusiasts are expected to drive demand for fishing tackle products. Additionally, the rise of e-commerce platforms and the increasing number of specialty fishing tackle stores are expected to boost sales. However, the industry may face challenges due to the impact of climate change on fish populations and the increasing regulations on fishing activities. Overall, the industry is expected to continue to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Fishing Tackle (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Smart Fishing Rods: These rods are equipped with sensors that can detect fish bites and send alerts to the angler's smartphone, making fishing more efficient and enjoyable.
• Biodegradable Fishing Lines: These eco-friendly fishing lines are made from biodegradable materials that break down naturally, reducing the environmental impact of fishing.
• Advanced Fish Finders: These devices use advanced sonar technology to detect fish and provide detailed information about their location and behavior, helping anglers to catch more fish.
• Electric Fishing Reels: These reels use electric motors to retrieve fishing lines, making it easier for anglers to catch larger fish and reducing the risk of injury.
• Fishing Drones: These drones can be used to locate fish from the air, providing anglers with a bird's eye view of the fishing area and helping them to find the best spots to fish.

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Fishing Tackle (Wholesale) industry. It highlights the primary inputs that Fishing Tackle (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Bait: Natural or artificial substances used to attract fish, such as worms, minnows, or dough balls, crucial for enticing fish to bite.

Casting Weights: Weights used to help cast lures or bait further into the water, essential for reaching deeper or more distant fishing spots.

Coolers: Insulated containers used to keep caught fish fresh and beverages cold, essential for long fishing trips and ensuring the quality of the catch.

Fish Finders: Electronic devices that use sonar technology to locate fish underwater, providing anglers with valuable information about fish locations and depths.

Fish Stringers: Used to keep caught fish alive in the water until the angler is ready to leave, stringers are essential for maintaining the quality of the catch.

Fishing Accessories: Includes a variety of items such as bobbers, sinkers, and swivels, which enhance fishing effectiveness and improve the overall fishing experience.

Fishing Apparel: Specialized clothing designed for fishing, including waterproof jackets and UV-protective shirts, which enhance comfort and protection while on the water.

Fishing Guides and Maps: Printed or digital resources that provide information on fishing locations, regulations, and techniques, helping anglers plan successful fishing trips.

Fishing Hooks: Critical components for catching fish, hooks come in various sizes and styles, designed to securely hold bait and penetrate fish mouths upon biting.

Fishing Line Spooling Tools: Devices that assist in spooling fishing line onto reels, ensuring proper line management and preventing tangles during fishing.

Fishing Lines: Strong, flexible lines made from materials like nylon or fluorocarbon, essential for connecting the angler's rod to the lure or bait, designed to withstand the weight of fish.

Fishing Lures: Artificial baits designed to attract fish, lures come in various shapes, sizes, and colors, mimicking the movement of prey to entice fish.

Fishing Pliers: Multi-functional tools used for various tasks such as removing hooks, crimping sleeves, and cutting line, enhancing efficiency during fishing.

Fishing Reels: These devices are crucial for retrieving fishing line and controlling the tension while reeling in fish, available in various types such as spinning and baitcasting.

Fishing Rod Cases: Protective cases designed to store and transport fishing rods safely, preventing damage during travel.

Fishing Rods: Essential tools for anglers, fishing rods are used to cast lines and catch fish, varying in length and action to suit different fishing techniques.

Fishing Tackle Maintenance Products: Includes lubricants and cleaning solutions designed to maintain fishing gear, ensuring longevity and optimal performance.

Nets: Used for landing fish, nets come in various sizes and mesh types, allowing anglers to safely capture fish without causing injury.

Rod Holders: Accessories that secure fishing rods in place, allowing anglers to fish hands-free or to hold multiple rods simultaneously.

Tackle Boxes: Storage solutions for organizing and transporting fishing gear, tackle boxes help anglers keep their lures, hooks, and other accessories neatly arranged.

Explore a detailed compilation of the unique products and services offered by the Fishing Tackle (Wholesale) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Fishing Tackle (Wholesale) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Fishing Tackle (Wholesale) industry. It highlights the primary inputs that Fishing Tackle (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Coolers: Used to keep bait fresh and store caught fish, coolers are essential for any fishing trip. Wholesalers supply a variety of coolers to retailers, ensuring that anglers can maintain the quality of their catch.

Fish Finders: These electronic devices help anglers locate fish underwater, enhancing their fishing experience. Wholesalers provide fish finders to retailers, allowing customers to utilize technology for more effective fishing.

Fishing Accessories: This category includes a variety of items such as bobbers, sinkers, and swivels that enhance fishing efficiency. Wholesalers distribute these accessories to retailers, ensuring that anglers have all necessary tools for successful fishing.

Fishing Apparel: Specialized clothing designed for fishing, such as waders and sun-protective shirts, is essential for comfort and safety. Wholesalers supply these items to retailers, catering to the needs of anglers in various environments.

Fishing Guides and Books: These resources provide valuable information on fishing techniques, species identification, and local fishing regulations. Wholesalers distribute these educational materials to retailers, helping anglers improve their skills and knowledge.

Fishing Hooks: Hooks are critical components of fishing tackle, available in various sizes and styles to suit different types of fishing. Wholesalers supply these hooks in bulk to retailers, ensuring anglers have the right tools for their fishing adventures.

Fishing Lines: Available in various strengths and types, fishing lines are vital for connecting the angler to the catch. Wholesalers provide these lines in bulk to retailers, ensuring that customers have access to the right line for their fishing needs.

Fishing Lures: These artificial baits are designed to attract fish and come in numerous shapes, sizes, and colors. Wholesalers distribute a wide range of lures to retailers, catering to different fishing styles and species.

Fishing Nets: Used for catching fish, these nets come in various sizes and mesh types, suitable for different fishing methods. Wholesalers provide these nets to retailers, who then offer them to both recreational and commercial fishermen.

Fishing Reels: Fishing reels are mechanical devices that help in winding and storing fishing line. They are crucial for casting and retrieving lures or bait, and wholesalers supply them to retailers for distribution to fishing enthusiasts.

Fishing Rods: These essential tools for anglers come in various lengths and materials, designed for different fishing techniques. They are sold in bulk to retailers who offer them to consumers for recreational fishing.

Tackle Boxes: These storage solutions are designed to organize and transport fishing gear, including lures, hooks, and lines. Wholesalers supply tackle boxes to retailers, helping anglers keep their equipment organized and accessible.

A thorough examination of the Fishing Tackle (Wholesale) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

Economic Factors

Social Factors

Technological Factors

Legal Factors

Economical Factors

An in-depth look at the Fishing Tackle (Wholesale) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Distributor
Value Stage: Intermediate
Description: Fishing Tackle (Wholesale) operates as a distributor in the sporting goods sector, focusing on the wholesale distribution of fishing equipment and supplies to various retailers. This industry plays a crucial role in connecting manufacturers with end-users by ensuring that fishing tackle products are readily available in the market.

Upstream Industries

Downstream Industries

Primary Activities

Inbound Logistics: Inbound logistics for fishing tackle wholesalers involve receiving shipments of fishing equipment from manufacturers. This includes careful handling and inspection of products upon arrival to ensure quality standards are met. Inventory management systems are employed to track stock levels and manage storage efficiently, while quality control measures are implemented to verify that all received items are free from defects.

Operations: Core operations include processing orders from retailers, managing inventory, and preparing products for shipment. Wholesalers utilize inventory management software to streamline order fulfillment and maintain optimal stock levels. Quality management practices involve regular audits of inventory to ensure that all products meet safety and performance standards, while industry-standard procedures include maintaining accurate records of sales and inventory movements.

Outbound Logistics: Outbound logistics encompass the distribution of fishing tackle to retailers, utilizing various transportation methods to ensure timely delivery. Wholesalers often employ logistics partners to manage shipping and handling, ensuring that products are delivered in excellent condition. Common practices include using climate-controlled vehicles for sensitive items and implementing tracking systems to monitor shipments.

Marketing & Sales: Marketing strategies for fishing tackle wholesalers often involve trade shows, online marketing, and direct outreach to retailers. Building strong customer relationships is crucial, with wholesalers focusing on understanding retailer needs and providing tailored solutions. Sales processes typically include providing product catalogs, samples, and competitive pricing to attract and retain customers.

Support Activities

Infrastructure: The infrastructure of fishing tackle wholesalers includes management systems that facilitate order processing, inventory tracking, and customer relationship management. Organizational structures often consist of sales teams, logistics coordinators, and warehouse staff working collaboratively to ensure efficient operations. Planning systems are essential for forecasting demand and managing inventory levels effectively.

Human Resource Management: Workforce requirements include knowledgeable staff who understand fishing products and market trends. Training programs focus on product knowledge, customer service skills, and sales techniques to enhance employee effectiveness. Industry-specific skills include familiarity with fishing gear and an understanding of customer preferences in the fishing community.

Technology Development: Key technologies in the industry include inventory management software and e-commerce platforms that enable wholesalers to reach a broader market. Innovation practices may involve adopting new technologies for order processing and customer engagement, while industry-standard systems often include data analytics tools for tracking sales trends and customer behavior.

Procurement: Sourcing strategies involve establishing strong relationships with manufacturers to secure high-quality fishing tackle at competitive prices. Supplier relationship management is critical for ensuring timely deliveries and maintaining product quality, while purchasing practices often emphasize bulk buying to reduce costs and improve margins.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through order fulfillment speed and inventory turnover rates. Common efficiency measures include tracking lead times for orders and optimizing stock levels to minimize excess inventory. Industry benchmarks are established based on average delivery times and customer satisfaction ratings.

Integration Efficiency: Coordination methods involve regular communication between wholesalers, suppliers, and retailers to align on inventory needs and product availability. Communication systems often include digital platforms for real-time updates on stock levels and order status, facilitating seamless operations across the value chain.

Resource Utilization: Resource management practices focus on optimizing warehouse space and minimizing waste during order fulfillment. Optimization approaches may involve implementing just-in-time inventory systems to reduce holding costs, adhering to industry standards for efficient logistics and supply chain management.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include strong relationships with manufacturers, efficient logistics operations, and a deep understanding of retailer needs. Critical success factors involve maintaining high product quality and ensuring timely delivery to customers, which are essential for building trust and loyalty in the market.

Competitive Position: Sources of competitive advantage include the ability to offer a wide range of fishing tackle products and exceptional customer service. Industry positioning is influenced by the wholesaler's reputation for reliability and product knowledge, impacting market dynamics and customer retention.

Challenges & Opportunities: Current industry challenges include fluctuating demand due to seasonal fishing trends and competition from online retailers. Future trends may involve increasing interest in sustainable fishing practices, presenting opportunities for wholesalers to expand their product offerings and cater to environmentally conscious consumers.

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Fishing Tackle (Wholesale) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The industry benefits from a robust infrastructure that includes extensive warehousing facilities and distribution networks tailored for fishing tackle products. This strong infrastructure supports efficient logistics and timely delivery to retailers, enhancing overall operational effectiveness.

Technological Capabilities: The industry possesses moderate technological capabilities, with companies utilizing advanced inventory management systems and e-commerce platforms to streamline operations. Innovations in product design and materials also contribute to competitive advantages, ensuring that wholesalers can meet diverse retailer needs.

Market Position: Fishing tackle wholesalers hold a strong position within the sporting goods sector, characterized by established relationships with retailers and a loyal customer base. This market strength is bolstered by brand recognition and the ability to offer a wide range of products.

Financial Health: The financial health of the industry is generally strong, with many wholesalers reporting stable revenue growth and healthy profit margins. This stability is supported by consistent demand for fishing equipment, although fluctuations in raw material costs can pose challenges.

Supply Chain Advantages: The industry enjoys significant supply chain advantages due to established relationships with manufacturers and distributors. These connections facilitate efficient procurement processes and enable wholesalers to maintain competitive pricing and product availability.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many employees having extensive experience in fishing and outdoor sports. This expertise enhances customer service and product knowledge, which are critical for meeting retailer demands.

Weaknesses

Structural Inefficiencies: Some wholesalers face structural inefficiencies stemming from outdated inventory systems or inadequate logistics processes. These inefficiencies can lead to increased operational costs and hinder the ability to respond quickly to market changes.

Cost Structures: The industry grapples with rising costs related to shipping, warehousing, and compliance with safety regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While some companies are technologically advanced, others lag in adopting new supply chain technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the wholesale market.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of raw materials, particularly due to environmental factors affecting fishing supplies. These resource limitations can disrupt inventory levels and impact product availability.

Regulatory Compliance Issues: Navigating the complex landscape of fishing regulations and safety standards poses challenges for many wholesalers. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Wholesalers may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing consumer interest in recreational fishing and outdoor activities. The trend towards sustainable fishing practices presents opportunities for wholesalers to expand their product offerings and capture new market segments.

Emerging Technologies: Advancements in product technology, such as smart fishing gear and eco-friendly materials, offer opportunities for wholesalers to enhance their product lines. These innovations can lead to increased efficiency and appeal to environmentally conscious consumers.

Economic Trends: Favorable economic conditions, including rising disposable incomes and increased leisure spending, support growth in the fishing tackle market. As consumers prioritize outdoor activities, demand for fishing equipment is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at promoting sustainable fishing practices could benefit the industry. Wholesalers that adapt to these changes by offering compliant products may gain a competitive edge.

Consumer Behavior Shifts: Shifts in consumer preferences towards outdoor recreation and sustainable products create opportunities for growth. Wholesalers that align their offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international wholesalers poses a significant threat to market share. Companies must continuously innovate and differentiate their offerings to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for fishing tackle products. Wholesalers must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding fishing practices and product safety can pose challenges for the industry. Wholesalers must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative outdoor recreation products could disrupt the market for fishing tackle. Wholesalers need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Wholesalers must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust consumer demand for fishing tackle products. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that wholesalers can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

Growth Potential: The growth prospects for the industry are robust, driven by increasing consumer interest in recreational fishing and outdoor activities. Key growth drivers include the rising popularity of sustainable fishing practices, advancements in product technology, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out innovative fishing gear. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

An exploration of how geographic and site-specific factors impact the operations of the Fishing Tackle (Wholesale) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: The operations thrive in regions with high recreational fishing activity, such as coastal states and areas near lakes and rivers. States like Florida, Texas, and California are prime locations due to their extensive waterways and fishing culture, which drive demand for wholesale fishing tackle. Proximity to major transportation routes enhances distribution efficiency to retailers, while local fishing communities provide insights into product preferences and trends.

Topography: Flat and accessible terrain is preferable for distribution centers and warehouses, allowing for easy movement of large quantities of fishing tackle. Coastal areas benefit from proximity to marine environments, which can influence product offerings. Regions with rivers and lakes may require facilities to consider flood risks, necessitating elevated storage solutions to protect inventory from potential water damage during seasonal floods.

Climate: The industry is affected by seasonal weather patterns, with peak fishing seasons in spring and summer driving higher demand for tackle. Warmer climates allow for year-round fishing, which can stabilize wholesale operations, while colder regions may experience seasonal fluctuations. Companies must adapt to local climate conditions, ensuring that products are suitable for various fishing environments, from freshwater lakes to saltwater coasts.

Vegetation: Natural habitats around waterways can influence the types of fishing tackle offered, as local fish species dictate the necessary equipment. Compliance with environmental regulations regarding vegetation management is essential, particularly near sensitive ecosystems. Facilities may need to implement practices that minimize ecological impact, such as maintaining buffer zones around water bodies to protect local wildlife and habitats.

Zoning and Land Use: Zoning regulations typically require commercial or industrial designations for wholesale operations, with specific allowances for storage and distribution of fishing tackle. Local land use policies may dictate the proximity of facilities to waterways, ensuring that operations do not disrupt natural habitats. Permits for construction and operation often include environmental assessments to mitigate impacts on local ecosystems.

Infrastructure: Efficient transportation networks are critical, with access to highways and ports facilitating the distribution of fishing tackle to retailers. Facilities require robust utility services, including electricity for climate control and water for product maintenance. Communication infrastructure is also essential for inventory management and order processing, ensuring timely fulfillment of retailer demands and efficient supply chain operations.

Cultural and Historical: The fishing tackle wholesale industry is often supported by local fishing communities that value recreational fishing traditions. Historical ties to fishing culture can enhance community acceptance of wholesale operations, as these businesses contribute to local economies. However, there may be social considerations regarding environmental impacts, prompting companies to engage in community outreach and sustainable practices to foster positive relationships.

A detailed overview of the Fishing Tackle (Wholesale) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Medium

Description: This industry focuses on the wholesale distribution of fishing equipment and supplies, including rods, reels, lures, lines, hooks, nets, and various accessories. Companies in this sector purchase these products from manufacturers and sell them to retailers, ensuring a steady supply of fishing gear to meet consumer demand.

Market Stage: Growth. The industry is experiencing growth due to increasing participation in recreational fishing, supported by rising disposable incomes and a growing interest in outdoor activities. This growth is evidenced by expanding product lines and increased sales volumes.

Geographic Distribution: Regional. Wholesale operations are often located near major fishing regions or urban centers with high retail activity, facilitating efficient distribution to retailers and reducing transportation costs.

Characteristics

Market Structure

Market Concentration: Fragmented. The market is characterized by a large number of small to medium-sized wholesalers, with no single company dominating the market. This fragmentation allows for niche players to thrive by specializing in specific types of fishing gear.

Segments

Distribution Channels

Success Factors

Demand Analysis

Demand Drivers

Competitive Landscape

Entry Barriers

Business Models

Operating Environment