Tools commonly used in the Fishing Tackle Repairing & Parts (Retail) industry for day-to-day tasks and operations.

• Fishing rod wrapping machine
• Fishing rod dryer
• Fishing rod lathe
• Fishing reel oil and grease
• Fishing line spooler
• Fishing hook sharpener
• Fishing pliers
• Fishing scissors
• Fishing scale
• Fishing rod holder

Common products and services typical of NAICS Code 459110-20, illustrating the main business activities and contributions to the market.

• Fishing reel parts
• Fishing rod guides
• Fishing line
• Fishing hooks
• Fishing lures
• Fishing sinkers
• Fishing swivels
• Fishing floats
• Fishing rod blanks
• Fishing reel handles

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

• Fishing Guide License: A license required by the US Coast Guard for individuals who operate fishing charters or guide services. The license ensures that the operator has the necessary skills and knowledge to safely operate a fishing vessel and provide a quality fishing experience for clients. The license is issued by the US Coast Guard.
• Fishing License: A license required by most states for individuals who fish in public waters. The license ensures that the individual is aware of the fishing regulations and has paid the necessary fees to support conservation efforts. The license is issued by the state's wildlife agency.
• Boating Safety Certificate: A certificate required by most states for individuals who operate a motorized watercraft. The certificate ensures that the operator has the necessary knowledge to safely operate a watercraft and prevent accidents. The certificate is issued by the state's boating agency.
• Hazardous Materials Endorsement: An endorsement required by the US Department of Transportation for individuals who transport hazardous materials. The endorsement ensures that the individual is aware of the regulations and safety procedures for transporting hazardous materials. The endorsement is issued by the state's Department of Motor Vehicles.
• First Aid Certification: A certification that demonstrates that an individual has the necessary knowledge and skills to provide basic first aid in case of an emergency. The certification is issued by various organizations such as the American Red Cross and the American Heart Association.

A concise historical narrative of NAICS Code 459110-20 covering global milestones and recent developments within the United States.

• The history of the Fishing Tackle Repairing & Parts (Retail) industry dates back to the early 19th century when the first fishing reel was invented in England. The first fishing rod was made of bamboo and was invented in the USA in the mid-19th century. The first fishing lure was invented in the late 19th century in the USA. The industry grew rapidly in the 20th century with the introduction of new materials such as fiberglass and graphite, which made fishing rods lighter and more durable. In recent years, the industry has seen a shift towards online sales, with many retailers offering their products through e-commerce platforms. In the USA, the industry has been impacted by the COVID-19 pandemic, with many retailers experiencing a decline in sales due to reduced consumer spending and supply chain disruptions.

The anticipated future trajectory of the NAICS 459110-20 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Shrinking

  The future outlook for the Fishing Tackle Repairing & Parts (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of fishing as a recreational activity. The rise in disposable income and the growing interest in outdoor activities are also expected to contribute to the growth of the industry. Additionally, the increasing demand for high-quality fishing equipment and the availability of innovative products are expected to drive the growth of the industry. However, the industry may face challenges due to the increasing competition from online retailers and the impact of the COVID-19 pandemic on consumer spending.

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

• Smart Fishing Rods: These rods are equipped with sensors that can detect fish and provide real-time feedback to the angler. They can also track the location of the fish and provide information on the water temperature and depth. [source:]
• Biodegradable Fishing Lures: These lures are made from biodegradable materials that break down quickly in water, reducing the amount of plastic waste in the environment. [source:]
• Electric Fishing Reels: These reels use electric motors to retrieve the fishing line, making it easier for anglers to catch larger fish. They are also more efficient than traditional reels and can save time and energy. [source:]
• Fishing Drones: These drones can be used to locate schools of fish and provide real-time video footage of the fishing area. They can also be used to drop bait and lures in hard-to-reach areas. [source:]
• 3D-Printed Fishing Lures: These lures are made using 3D printing technology, allowing for greater customization and precision. They can also be made in a variety of shapes and colors, making them more attractive to fish. [source:]

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 Repairing & Parts (Retail) industry. It highlights the primary inputs that Fishing Tackle Repairing & Parts (Retail) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Fishing Apparel: Specialized clothing designed for fishing activities, including waterproof jackets and sun-protective shirts, enhancing comfort and safety while fishing.

Fishing Lines: Specialized lines made from materials like monofilament, fluorocarbon, or braided lines, essential for connecting the lure to the rod and for catching fish.

Fishing Nets: Tools used to catch fish more efficiently, available in various sizes and mesh types to suit different fishing methods and species.

Fishing Rods: Essential tools for casting lines into water, available in various lengths and materials to suit different fishing styles and environments.

Hooks: Varieties of hooks designed for different types of bait and fish species, critical for securing the catch during fishing.

Lures: Artificial baits designed to attract fish, available in various shapes, colors, and sizes to mimic the movement of prey.

Reels: Crucial components that help in retrieving the fishing line, available in various types such as spinning, baitcasting, and fly reels, each designed for specific fishing techniques.

Sinkers: Weights used to help the bait sink to the desired depth, available in various shapes and sizes to accommodate different fishing conditions.

Tackle Boxes: Storage solutions designed to organize and protect fishing tackle and accessories, allowing for easy access and transport during fishing trips.

Service

Custom Rod Building Services: Tailored services that allow enthusiasts to create personalized fishing rods, ensuring that the equipment meets their specific preferences and fishing styles.

Line Spooling Services: A service that involves winding fishing line onto reels, ensuring proper tension and alignment for effective casting and retrieval.

Rod and Reel Repair Services: Professional services that restore functionality to damaged fishing rods and reels, ensuring that equipment remains in optimal working condition.

Explore a detailed compilation of the unique products and services offered by the Fishing Tackle Repairing & Parts (Retail) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Fishing Tackle Repairing & Parts (Retail) 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 Repairing & Parts (Retail) industry. It highlights the primary inputs that Fishing Tackle Repairing & Parts (Retail) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Service

Custom Rod Building Services: This specialized service allows customers to design and build their own fishing rods tailored to their preferences. By offering personalized options, retailers cater to serious anglers seeking unique equipment.

Fishing Equipment Maintenance Services: This service includes routine maintenance checks and cleaning for fishing gear, ensuring that all equipment remains in top condition. Customers benefit from extended equipment life and improved performance through regular maintenance.

Line Spooling Services: This service provides customers with the convenience of having their fishing lines expertly spooled onto reels. Proper spooling is essential for preventing tangles and ensuring effective casting, making this a valuable service for anglers.

Reel Repair Services: Offering comprehensive repair for fishing reels, this service includes cleaning, lubrication, and replacement of worn parts. Anglers rely on this service to ensure their reels function smoothly, which is crucial for successful fishing.

Rod Repair Services: This service involves the assessment and repair of fishing rods, including fixing broken tips, guides, and handles. Customers benefit from having their favorite rods restored to optimal condition, enhancing their fishing experience.

Material

Fishing Apparel: Specialized clothing designed for fishing, such as UV-protective shirts and waterproof jackets, is available to enhance comfort and safety. Retailers provide these items to ensure anglers are well-equipped for various weather conditions.

Fishing Hooks: These essential components come in various sizes and styles, designed for different types of fishing. Retailers offer a wide selection, allowing customers to choose the right hooks for their specific fishing needs.

Fishing Lines: Fishing lines come in different strengths and materials, such as monofilament, fluorocarbon, and braided lines. Retailers offer these options to meet the varying needs of anglers, ensuring they have the right line for their fishing style.

Fishing Lures: Available in numerous designs and colors, fishing lures are crafted to attract various fish species. Retailers provide a diverse range of lures, enabling customers to enhance their chances of a successful catch.

Fishing Rod Parts: This category includes components such as guides, grips, and reel seats, which are essential for rod repair and customization. Retailers provide these parts to allow customers to maintain or upgrade their fishing rods.

Sinkers: These weights are used to help fishing lines sink to the desired depth, making them crucial for effective fishing. Retailers stock various types and sizes of sinkers, catering to different fishing techniques and conditions.

Tackle Boxes: These storage solutions are designed to organize and protect fishing tackle and accessories. Retailers offer a variety of tackle boxes, helping customers keep their gear organized and easily accessible during fishing trips.

A thorough examination of the Fishing Tackle Repairing & Parts (Retail) 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 Repairing & Parts (Retail) 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: Retailer
Value Stage: Final
Description: This industry operates as a retailer, focusing on the sale of fishing tackle parts and accessories directly to consumers. It provides essential services such as equipment repair, ensuring that fishing enthusiasts have access to quality gear and support.

Upstream Industries

Downstream Industries

Primary Activities

Inbound Logistics: Receiving processes involve careful inspection of incoming fishing tackle parts and accessories to ensure they meet quality standards. Storage practices include organized shelving systems that facilitate easy access and inventory management, while quality control measures involve regular audits of stock to prevent the sale of defective items.

Operations: Core processes include assessing and repairing fishing rods and reels, spooling lines, and customizing tackle setups based on customer preferences. Quality management practices involve thorough testing of repaired equipment to ensure functionality and safety, adhering to industry standards for performance and reliability.

Outbound Logistics: Distribution methods primarily involve direct sales to consumers through retail locations or online platforms. Quality preservation during delivery is ensured through careful packaging of tackle parts and repair services, with common practices including providing clear instructions for use and maintenance.

Marketing & Sales: Marketing approaches often include local advertising, participation in fishing expos, and online promotions targeting fishing enthusiasts. Customer relationship practices focus on building trust through personalized service and expert advice, while sales processes typically involve consultations to understand customer needs and recommend suitable products.

Support Activities

Infrastructure: Management systems in the industry include point-of-sale systems that track inventory and sales data, facilitating efficient operations. Organizational structures often consist of small teams that specialize in customer service and technical support, ensuring a knowledgeable workforce is available to assist customers.

Human Resource Management: Workforce requirements include skilled technicians for equipment repair and knowledgeable sales staff. Training and development approaches focus on enhancing product knowledge and customer service skills, ensuring staff can effectively assist customers with their fishing needs.

Technology Development: Key technologies used include inventory management software and online sales platforms that enhance customer engagement. Innovation practices may involve adopting new repair techniques and tools that improve service efficiency, while industry-standard systems ensure compliance with safety regulations and quality control.

Procurement: Sourcing strategies involve establishing relationships with manufacturers and distributors of fishing tackle parts. Supplier relationship management is crucial for ensuring timely delivery of quality inputs, while purchasing practices often emphasize cost-effectiveness and product diversity.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through customer satisfaction ratings and repair turnaround times. Common efficiency measures include tracking inventory turnover and sales performance, with industry benchmarks established based on average repair times and customer feedback.

Integration Efficiency: Coordination methods involve regular communication between sales staff and repair technicians to ensure alignment on customer needs and service capabilities. Communication systems often include digital platforms for real-time updates on inventory and service requests.

Resource Utilization: Resource management practices focus on optimizing inventory levels to minimize holding costs while ensuring product availability. Optimization approaches may involve analyzing sales trends to adjust stock levels accordingly, adhering to industry standards for efficient retail operations.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include high-quality fishing tackle parts, expert repair services, and strong customer relationships. Critical success factors involve maintaining a diverse inventory and providing exceptional customer service that fosters loyalty and repeat business.

Competitive Position: Sources of competitive advantage include specialized knowledge in fishing tackle repair and a reputation for quality service. Industry positioning is influenced by local market dynamics and the ability to adapt to changing consumer preferences, impacting overall competitiveness.

Challenges & Opportunities: Current industry challenges include competition from online retailers and fluctuating demand for fishing equipment. Future trends may involve increased interest in sustainable fishing practices, presenting opportunities for retailers to expand their offerings and enhance profitability.

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Fishing Tackle Repairing & Parts (Retail) 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 is supported by a well-established network of retail locations, repair facilities, and distribution channels that facilitate efficient service delivery. This strong infrastructure enables businesses to respond quickly to customer needs, ensuring a high level of satisfaction and repeat business.

Technological Capabilities: Retailers in this sector leverage advanced technologies for inventory management and customer service, including point-of-sale systems and online platforms. These capabilities enhance operational efficiency and customer engagement, allowing businesses to stay competitive in a rapidly evolving market.

Market Position: The industry enjoys a solid market position, characterized by a loyal customer base of fishing enthusiasts. Brand recognition and specialized services contribute to a competitive edge, although competition from larger sporting goods retailers poses challenges.

Financial Health: Overall financial health in the industry is moderate, with many retailers experiencing stable revenue streams from both sales and repair services. However, fluctuations in consumer spending can impact profitability, necessitating careful financial management.

Supply Chain Advantages: Retailers benefit from established relationships with suppliers of fishing tackle parts and accessories, which ensures timely access to inventory. This advantage allows for competitive pricing and a diverse product offering that meets customer demands.

Workforce Expertise: The industry boasts a skilled workforce with specialized knowledge in fishing tackle repair and customer service. This expertise enhances the quality of services provided and fosters customer loyalty, although ongoing training is essential to keep pace with new technologies.

Weaknesses

Structural Inefficiencies: Some retailers face structural inefficiencies due to outdated repair equipment or inadequate store layouts, which can lead to longer service times and reduced customer satisfaction. Addressing these inefficiencies is crucial for maintaining competitiveness.

Cost Structures: The industry grapples with rising costs related to labor, materials, and compliance with safety regulations. These cost pressures can squeeze profit margins, necessitating effective pricing strategies and operational efficiencies.

Technology Gaps: While some retailers are technologically advanced, others lag in adopting new retail technologies, which can hinder their ability to compete effectively. This gap may result in lower customer engagement and operational inefficiencies.

Resource Limitations: Retailers may encounter limitations in the availability of specific fishing tackle parts due to supply chain disruptions. These resource constraints can impact service delivery and customer satisfaction.

Regulatory Compliance Issues: Navigating the regulatory landscape, including safety standards for repair services, poses challenges for many retailers. Compliance costs can be significant, and failure to meet regulations can lead to penalties.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Retailers 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 interest in recreational fishing and outdoor activities. The trend towards sustainable fishing practices presents opportunities for retailers to expand their offerings and attract new customers.

Emerging Technologies: Advancements in e-commerce and digital marketing provide opportunities for retailers to reach a broader audience. Utilizing online platforms can enhance visibility and sales, particularly among younger consumers who prefer online shopping.

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

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

Consumer Behavior Shifts: Shifts in consumer preferences towards outdoor and recreational activities create opportunities for growth. Retailers that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both specialized fishing retailers and larger sporting goods chains poses a significant threat to market share. Retailers must continuously innovate and differentiate their offerings to maintain a competitive edge.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for fishing tackle and repair services. Retailers 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. Retailers must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative recreational activities could disrupt the market for fishing tackle. Retailers need to monitor these trends closely and innovate to stay relevant.

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

SWOT Summary

Strategic Position: The industry currently enjoys a stable market position, bolstered by a dedicated customer base of fishing enthusiasts. 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 retailers 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 e-commerce, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out eco-friendly products. 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 Repairing & Parts (Retail) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: Operations thrive in regions with abundant freshwater and saltwater fishing opportunities, such as the Great Lakes area and coastal states like Florida and California. These locations provide direct access to a large customer base of fishing enthusiasts, enhancing sales potential. Proximity to popular fishing spots facilitates customer engagement and service delivery, while areas with a strong fishing culture support community-based marketing efforts.

Topography: Flat or gently rolling terrain is ideal for retail operations, allowing for easy access and visibility. Locations near lakes, rivers, and coastal areas benefit from high foot traffic and visibility, while mountainous regions may pose challenges for accessibility. Facilities often require adequate space for displaying products and conducting repairs, necessitating careful site selection to ensure operational efficiency and customer convenience.

Climate: Mild climates with distinct fishing seasons support year-round operations, while regions with harsh winters may see seasonal fluctuations in business. Weather patterns directly affect fishing activities, influencing customer demand for repairs and parts. Retailers must adapt to seasonal trends, offering promotions and services aligned with peak fishing times, such as spring and summer, to maximize sales opportunities.

Vegetation: Natural habitats around lakes and rivers can impact customer access and visibility of retail locations. Compliance with environmental regulations regarding vegetation management is essential, particularly near water bodies. Retailers may need to maintain clear access paths and ensure that landscaping does not obstruct views of their facilities, which can be crucial for attracting customers in outdoor settings.

Zoning and Land Use: Retail operations typically require commercial zoning, with specific allowances for repair services. Local land use regulations may dictate the types of signage and outdoor displays permitted, impacting visibility and marketing efforts. Permits for operating repair services may vary by region, necessitating compliance with local regulations to avoid operational disruptions.

Infrastructure: Access to reliable transportation networks is critical for receiving inventory and serving customers. Retailers require sufficient parking space for customers and delivery vehicles, particularly in high-traffic areas. Utility needs include adequate electrical service for repair equipment and climate control systems to maintain a comfortable shopping environment. Communication infrastructure is also essential for marketing and customer engagement through digital platforms.

Cultural and Historical: Communities with a strong fishing heritage often exhibit high acceptance of retail operations focused on fishing tackle and repairs. Local fishing tournaments and events can enhance community engagement and drive traffic to retail locations. Historical ties to fishing practices may influence customer loyalty and preferences, making it essential for retailers to align their offerings with local traditions and values.

A detailed overview of the Fishing Tackle Repairing & Parts (Retail) 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 specializes in the retail sale of fishing tackle parts and accessories, along with providing repair services for fishing equipment. Activities include selling hooks, lures, lines, and performing rod and reel repairs, ensuring that fishing enthusiasts have access to necessary equipment and maintenance services.

Market Stage: Growth. The industry is experiencing growth as more individuals take up fishing as a recreational activity, leading to increased demand for both equipment and repair services. This growth is supported by rising participation rates in outdoor activities.

Geographic Distribution: Regional. Retail operations are typically located near popular fishing spots, lakes, and rivers, allowing easy access for local fishing enthusiasts and tourists.

Characteristics

Market Structure

Market Concentration: Fragmented. The market consists of numerous small to medium-sized retailers, with no single entity dominating the market. This fragmentation allows for a variety of specialized shops catering to local fishing communities.

Segments

Distribution Channels

Success Factors

Demand Analysis

Demand Drivers

Competitive Landscape

Entry Barriers

Business Models

Operating Environment