Recreational fishing is the largest participation sport in North America that almost nobody sizes properly. Federal agencies count anglers. Trade associations count economic impact. Neither publishes the number a tackle shop owner, a lodge operator or a guide service actually wants: how much money moves through the fishing industry, where it moves, and when.
This report assembles what is measured, models what is not, and shows the arithmetic for every estimate. It covers the United States and Canada, separates participation from spending from retail sales, and ends where Fizel spends its working life: at the point of payment.
Executive summary
Nine numbers that describe recreational fishing in North America in 2026.
- 57.0MAmericans age 6+ who went fishing in 2025ASA / Outdoor Foundation, 2026 Special Report on Fishing
- 918MTotal US fishing outings in 2025ASA / Outdoor Foundation, up 3% year over year
- $117.3BEstimated US angler spending, 2026Fizel Research estimate
- $10.8BNorth American fishing tackle and gear retail marketFizel Research estimate
- 34.0%Estimated share of fishing gear sales made onlineFizel Research estimate
- 3.5MEstimated Canadian anglers, 2026Fizel Research estimate, modelled from DFO 2015
- $272.0BEstimated total US economic impact of sportfishingFizel Research estimate, scaled from ASA / Southwick
- 6.3MFirst-time US fishing participants in 2025ASA / Outdoor Foundation
- $2.0BAnnual US angler contributions to conservationASA / Southwick Associates, 2022 basis
American Sportfishing Association / Outdoor Foundation, US Fish and Wildlife Service, Fisheries and Oceans Canada, and Fizel Research estimates.
Two of those numbers sit thirty times apart and both are correct. The $272 billion economic impact figure counts every dollar that touches fishing and every dollar those dollars go on to generate — hotel nights, truck payments, fuel, restaurant meals, the wages of the person who sold the boat. The $10.9 billion tackle figure counts one thing: retail sales of fishing product. Confusing the two is the most common error in outdoor industry writing, and it is why a shop owner reading a press release about a $230 billion industry rarely recognises their own business in it.
The other headline of 2026 is that American fishing participation stopped growing. After four consecutive years of gains and a record 57.9 million participants in 2024, the count fell to 57.0 million in 2025. The industry did not shrink — outings rose 3% and spending per angler kept climbing — but the pool of people stopped filling. That distinction shapes everything downstream: fewer new customers, more revenue per existing one, and a retention problem that shows up in churn data long before it shows up in the till.
How Fizel measures the fishing industry
Four different things get called the fishing market. This report keeps them apart.
Every fishing statistic in circulation belongs to one of four layers, and the layers differ from each other by an order of magnitude. Quoting one and labelling it another is how a specialty retailer ends up with a business plan built on a number that mostly describes truck purchases.
Each layer is legitimate. Each answers a different question. This report reports all four and never blends them.
| Layer | What it counts | 2026 scale (North America) | Primary basis |
|---|---|---|---|
| Total economic impact | All angler spending plus its ripple effects through the wider economy | ≈ $272B (US) | ASA / Southwick, IMPLAN modelling |
| Direct angler spending | Everything anglers buy because they fish, including trucks, boats, land and travel | ≈ $117.3B (US) plus C$10.9B (Canada) | US Fish and Wildlife Service national survey |
| Fishing product retail | Retail sales of tackle, gear, electronics and fishing-specific apparel | ≈ US$12.2B | Fizel Research model |
| Core tackle and gear | Rods, reels, terminal tackle, line, nets, ice gear and fish-finding electronics | ≈ US$10.8B | Fizel Research model |
Layers are nested, not additive. Do not sum this table.
Fizel Research, 2026.
There is a second boundary worth naming. Fizel Research publishes a canonical North American outdoor-product retail market of $33.8 billion, defined in our outdoor retail statistics report. Fishing tackle is not simply a slice of that number. The $33.8 billion market is measured through specialty outdoor and sporting-goods retail channels, and a large share of fishing gear moves through bait shops, marine dealers, hunt-and-fish chains and marketplaces that sit largely outside that universe. Fizel Research estimates the overlap at roughly $3 to $4 billion and treats fishing gear as a separately measured market rather than a sub-line.
These boundaries apply to every retail and ecommerce figure in this report.
Consumer retail sales of fishing-specific product.
- Rods, reels, combos and rod-building components
- Line, leaders, terminal tackle, hooks and sinkers
- Lures, flies, soft plastics and bait-handling gear
- Nets, creels, stringers, traps and bait containers
- Tackle storage, boxes, bags and packs
- Fish finders, sonar, chartplotters and marine electronics
- Ice fishing shelters, augers and hardware
- Waders, wading boots and fishing-specific apparel
Real spending by anglers that is not fishing product retail.
- Boats, motors, trailers and personal watercraft
- Trucks, off-road vehicles and recreational vehicles
- Land purchased or leased for fishing access
- Licences, stamps, tags and public access fees
- Guided trips, charters, lodges and instruction
- Travel, fuel, food and lodging on fishing trips
- Used, rental, consignment and resale channels
- Commercial and aquaculture fishing equipment
Fizel Research market definition, fishing product retail, 2026.
Almost everything in the excluded column is money Fizel processes every day. Guides take deposits. Lodges bill multi-night packages. Marinas invoice service work. The exclusions exist to keep a retail number honest, not to describe the commercial world.
US participation: the first decline since 2021
57.0 million anglers, 918 million outings, and a pool that stopped filling.
In 2025, 57.0 million Americans age 6 and over went fishing at least once — 18% of the population, down from a record 19% and 57.9 million in 2024. It is the first year-over-year decline since 2021 and the end of the post-pandemic run. Context matters more than the direction: participation remains 6.9 million above the 50.1 million recorded in 2019 and 11.3 million above 2015. Fishing did not lose the decade. It lost a year.
Underneath the headcount, engagement went the other way. Total outings rose 3% to 918 million, 23 million more than 2024, and the average angler fished 16 days rather than 15. Fewer people fished, and the people who did fished more. For a tackle retailer that combination is neither good news nor bad news on its own — it means unit demand held while the top of the funnel narrowed.
Participants age 6 and over, with the national participation rate. The 2020 to 2024 run added 12.2 million anglers; 2025 gave 0.9 million back.
| Year | Participants | Participation rate | Change vs prior year |
|---|---|---|---|
| 2015 | 45.7M | 16% | — |
| 2017 | 49.1M | 17% | +1.9M |
| 2019 | 50.1M | 18% | +0.7M |
| 2020 | 54.7M | 18% | +4.6M |
| 2021 | 52.4M | 17% | -2.3M |
| 2022 | 54.5M | 18% | +2.1M |
| 2023 | 57.7M | 19% | +3.2M |
| 2024 | 57.9M | 19% | +0.2M |
| 2025 | 57.0M | 18% | -0.9M |
Participation grew 25% over the decade despite the 2025 dip.
American Sportfishing Association and The Outdoor Foundation, 2026 Special Report on Fishing.
Fishing is also the most regionally concentrated major outdoor activity in the United States. The South census region — 16 states with extensive coastline and abundant interior water — was home to 44% of all anglers in 2025, more than 25 million participants, against a 39% share of national population. The Midwest followed with 13 million, the West with roughly 10 million, and the Northeast with 8 million. The West is the notable underperformer: 23% of the population, 18% of anglers.
Fishing indexes strongly to the South and weakly to the West — the inverse of most non-motorised outdoor activities.
| Region | Share of anglers | Approx. participants | Share of US population |
|---|---|---|---|
| South | 44% | 25.1M | 39% |
| Midwest | 24% | 13.4M | 21% |
| West | 18% | 10.3M | 23% |
| Northeast | 14% | 8.0M | 17% |
ASA / Outdoor Foundation, 2026 Special Report on Fishing. Participant counts are Fizel Research calculations from published shares.
Canada: an eleven-year data gap
The last national survey measured 2015. Everything after that is modelled.
Canada has one comprehensive national angler survey, the Fisheries and Oceans Canada Survey of Recreational Fishing in Canada. It ran every five years from 1995 to 2015 and then stopped. The 2015 edition, published in 2019, is still the current national dataset in 2026 — an eleven-year gap against a five-year cadence. Any Canadian fishing statistic dated after 2015 is either provincial or modelled. This report is explicit about which.
Fisheries and Oceans Canada measured these figures directly. They are the anchor for every Canadian estimate in this report.
| Measure | 2015 value | 2010 value | Direction |
|---|---|---|---|
| Total active anglers | 3.24M | 3.29M | Slight decline |
| Resident anglers | 2.64M | 2.73M | Decline |
| Resident participation rate | 7.4% | 8.0% | Decline |
| Total days fished | 47M | 43M | Increase |
| Average days per angler | 15 | 13 | Increase |
| Direct trip expenditures | C$2.55B | C$2.52B | Flat in nominal terms |
| Major purchases and investments | C$5.3B | C$5.8B | Decline |
| Total angler contribution | C$7.9B | C$8.3B | Decline |
Fisheries and Oceans Canada, Survey of Recreational Fishing in Canada, 2015 (published 2019).
Two patterns in that table matter for anyone modelling forward. Participation was drifting down before the pandemic, at roughly half a percentage point of participation rate per five-year cycle. And effort per angler was rising — 15 days in 2015 against 13 in 2010 — the same intensification the United States recorded a decade later.
The pandemic almost certainly interrupted the decline. Alberta reported resident sport-fishing licence sales up 30% in 2020 against 2019, and every provincial licensing authority that commented publicly described a similar surge. What no source can tell us is how much of that surge persisted. Fizel Research assumes a partial hold: the long-run downward drift in participation rate resumes, but from a higher base than the pre-2020 trend implied.
With no national survey since 2015, the estimate is built from population growth and a participation-rate assumption, stated openly.
- 41.5M population (2025)
- 7.0% resident participation rate
- plus 0.6M non-resident anglers
= ≈ 3.5M total anglers in Canada, 2026
Fizel Research estimate. Population from Statistics Canada; participation rate is a Fizel Research assumption, down from the 7.4% measured in 2015.
Ontario and Quebec together accounted for 53% of Canada's resident anglers in 2015, with Ontario alone at 754,617. The highest participation rates were nowhere near the biggest markets: Newfoundland and Labrador at 21.0%, Yukon at 16.0%, Saskatchewan at 13.0% and Manitoba at 11.7%. For an operator, that split is the whole commercial story — volume concentrates in central Canada while intensity concentrates in the Atlantic, the Prairies and the North.
Who fishes in 2026
The angler is getting older, wealthier, more female and more diverse — slowly.
The composite American angler in 2025 was male (63%), white (73%), and more likely than not to be over 45. But almost every interesting movement in the data is happening at the edges of that composite, and the edges are where growth lives.
Participation among Hispanic and Black Americans hit record levels in the same year overall participation fell.
| Segment | 2025 participants | Participation rate | Ten-year movement |
|---|---|---|---|
| All anglers | 57.0M | 18% | +11.3M since 2015 |
| Female anglers | 21.1M | 13% | +5.4M, a 34% increase |
| Hispanic anglers | 6.9M | 16% | Doubled from 3.4M in 2015 |
| Black anglers | 6.0M | 15% | Record high, +400K year over year |
| Youth ages 6 to 12 | 7.4M | 26% | +1M vs a decade ago |
| Youth ages 13 to 17 | 5.4M | 25% | Up from 5.2M in 2024 |
Segments overlap and should not be summed.
ASA and The Outdoor Foundation, 2026 Special Report on Fishing.
Hispanic participation is the single most important growth story in the sport. It doubled in a decade, from 3.4 million in 2015 to an all-time high of 6.9 million in 2025, and it has been compounding at roughly 11% a year since 2022. Black participation also set a record at nearly 6 million, with the participation rate rising from 14% to 15% and gains recorded in every style of fishing.
Fishing nonetheless remains less diverse than the country. White participants were 73% of anglers against 57% of the population. Hispanic Americans were 12% of anglers against 20% of the population, Black Americans 10% against 14%, and Asian Americans 4% against 7%. The gap has narrowed considerably — the white share was 86% in 2007 — but the arithmetic is unforgiving: closing the Hispanic participation gap alone would add roughly 4.5 million anglers.
Angler households skew higher-income than they did a decade ago. The share earning over $100,000 rose from 26% to 31%.
- $100,000 or more31%
- $50,000 to $99,99932%
- $25,000 to $49,99921%
- Under $25,00016%
37% of angler households earned under $50,000, down from 39% a decade ago.
ASA / Outdoor Foundation, 2026 Special Report on Fishing.
The income shift is the quietest and most commercially consequential number in the dataset. A five-point migration into six-figure households across a 57-million-person base is what allows average transaction values to rise in a year when the participant count falls. The fastest-growing age cohort, meanwhile, is 65 and over — anglers with time, discretionary income and a strong preference for buying from someone who knows them.
Frequency, first-timers and the leaky bucket
Nineteen million anglers quit in 2025. Eighteen million arrived or came back.
Fishing has an acquisition machine and a retention problem. In 2025 the sport gained roughly 18 million new or returning participants and lost roughly 19 million — a churn rate of 33%. One in three anglers is a different person than last year. That is the leaky bucket, and it explains why a decade of successful recruitment produced only a 25% net gain.
Recruitment worked. Retention did not keep pace.
- +18M new and returning
- -19M lost participants
- 33% churn
= Net loss of nearly 1 million anglers
ASA / Outdoor Foundation, 2026 Special Report on Fishing.
6.3 million people fished for the first time in 2025 — 11% of all participants, up from 9% the year before. First-timers logged a record 41 million outings, averaging six days on the water, and 41% of them were female against 37% of anglers overall. Nearly four in five started in freshwater. The industry is very good at getting people to try fishing and demonstrably weaker at getting them to come back a third and fourth time.
Lost participants in 2025 skewed female (51% against 37% of all anglers) and older, with more than half over the age of 45. That profile is not what most retention programmes are designed for.
Two thirds of anglers fished fewer than twelve times — less than once a month on average.
| Annual outings | Share of anglers | Segment character |
|---|---|---|
| 1 outing | 12% | Trial and lapsed risk |
| 2 to 3 outings | 20% | Occasional, vacation-led |
| 4 to 11 outings | 36% | Core casual majority |
| 12 to 23 outings | 15% | Monthly or better |
| 24 to 51 outings | 11% | Committed enthusiast |
| 52 to 103 outings | 4% | Weekly |
| 104 or more outings | 2% | Avid, highest gear spend |
32% of anglers fished once a month or more, while 39% described themselves as avid.
ASA / Outdoor Foundation, 2026 Special Report on Fishing.
The gap between self-image and behaviour is instructive. 39% of anglers call themselves avid; 32% actually fish once a month or more. 51% wish they could fish more often. For a shop, that means the identity is stronger than the habit — and identity is what sells hats, memberships, guided days and the second rod.
Freshwater, saltwater and fly
Three markets with different growth rates, different loyalty and very different baskets.
Anglers are not interchangeable. Only 18% of American participants fished more than one discipline in 2025, a ratio that has held for over a decade. 59% fished freshwater only, 15% saltwater only, and 8% fly only. Cross-selling between disciplines is far harder than most assortment plans assume.
Saltwater set a record while freshwater held flat and fly fishing softened slightly.
| Discipline | Participants | Total outings | Avg outings | Year-over-year |
|---|---|---|---|---|
| Freshwater | 42.9M | 652M | 15 | Rate steady at 14% for a fourth year |
| Saltwater | 15.5M | 183M | 12 | +3%, highest on record |
| Fly fishing | 7.9M | 83M | 11 | Down from 8.0M, outings up from 78M |
ASA / Outdoor Foundation, 2026 Special Report on Fishing.
Saltwater is the growth engine: 15.5 million participants is the highest number ever recorded, a million more than 2020 and 3.5 million more than a decade earlier. It is also the highest-ticket discipline, carrying charter bookings, offshore electronics and heavier terminal tackle.
Fly fishing is the smallest discipline and the most interesting one commercially. Fly anglers are the most self-identified avid of any group — 56% describe themselves that way, against 44% in saltwater and 37% in freshwater — yet 45% fished just one to three times, the lowest frequency of the three. And fly attracts newcomers at more than double the saltwater rate: 17% of fly participants were first-timers in 2025, and 21% of female fly anglers. A fly shop is therefore running two businesses at once: a high-identity, high-margin relationship business, and a beginner funnel with heavy first-year attrition.
What anglers actually spend
$117.3 billion in 2026, and only a small fraction of it is tackle.
The most rigorous measurement of American angler spending comes from the US Fish and Wildlife Service National Survey of Fishing, Hunting and Wildlife-Associated Recreation, analysed for the American Sportfishing Association by Southwick Associates. On 2022 survey data, US anglers spent $99.4 billion — more than the annual revenue of UPS, Lowe's or Bank of America that year.
That survey runs roughly every five years, so the published figure is four years old. Fizel Research updates it two ways: for price level, using the change in US consumer prices from 2022 to 2026, and for participation, using the Outdoor Foundation series (54.5 million anglers in 2022 against 57.0 million in 2025). We deliberately do not add a real per-angler growth assumption on top.
Two adjustments, both stated. No assumed real growth in spending per angler.
- $99.4B measured
- x 1.128 price level
- x 1.046 participation
= ≈ $117.3B in 2026
Fizel Research estimate. Base data: ASA / Southwick Associates from the USFWS 2022 National Survey.
Applying the same 1.18x factor to the rest of the Southwick model puts the 2026 total economic impact of US sportfishing at approximately $272 billion and its contribution to GDP at roughly $141 billion, supporting comfortably more than a million jobs. Those are Fizel Research extrapolations of a published model, not new measurements.
The 2022 measured split, with Fizel Research 2026 estimates alongside. Note how little of it is tackle.
| Spending block | 2022 measured | 2026 estimate | Share |
|---|---|---|---|
| Other equipment and costs | $54.2B | $64.0B | 55% |
| Trip spending | $36.6B | $43.2B | 37% |
| Fishing equipment | $8.7B | $10.2B | 9% |
| Total | $99.4B | $117.3B | 100% |
Shares are rounded and may not sum to exactly 100%.
US Fish and Wildlife Service 2022 National Survey via ASA / Southwick Associates; 2026 figures are Fizel Research estimates.
Fifty-five cents of every angler dollar is a truck, a boat, a piece of land or a motor. The largest single line in the entire survey is land owned for fishing, at $16.1 billion, followed by pickups, vans and motor homes at $14.2 billion, off-road vehicles at $5.7 billion and motorboats at $5.1 billion. Fishing licences, stamps and tags together came to $1.64 billion.
$36.6 billion of trip spending is the money that flows to guides, lodges, marinas, campgrounds and the towns around the water.
| Category | 2022 spend | Who receives it |
|---|---|---|
| Lodging | $6.6B | Lodges, resorts, campgrounds, hotels |
| Food | $6.1B | Grocers, restaurants, bait-and-tackle counters |
| Private transportation | $5.6B | Fuel and vehicle costs |
| Boating costs | $3.9B | Marinas, launches, fuel docks |
| Rentals | $2.4B | Boat, cabin and equipment rental operators |
| Guides | $2.2B | Guides, charters and outfitters |
| Airfare | $2.1B | Airlines and air charter |
| Public land access | $1.2B | Agencies and access fee holders |
Guides and charters alone process more than $2 billion a year, most of it in deposits taken weeks or months ahead.
US Fish and Wildlife Service 2022 National Survey via ASA / Southwick Associates.
Freshwater accounts for the clear majority of the money. On the 2022 basis, freshwater fishing generated $74.6 billion in direct spending and 821,980 jobs, against $24.8 billion and 289,940 jobs for saltwater. Saltwater is growing faster; freshwater is three times larger.
Sizing the tackle market
No public source publishes it. Here is the model, line by line.
There is no free, current, authoritative figure for total US fishing tackle retail sales. Circana and Southwick Associates both track it; both sell it. The National Sporting Goods Association's public retail reporting has wound down. What exists in the public record is the federal survey's equipment block — and that block is good enough to build from, because it is a national probability sample of what anglers say they bought.
2022 measured spend, scaled to 2026 by the same 1.18x price-and-participation factor used throughout this report.
| Category | 2022 measured | 2026 estimate | Share of gear market |
|---|---|---|---|
| Rods and reels | $2.30B | $2.71B | 26.5% |
| Lures and flies | $1.30B | $1.53B | 15.0% |
| Lines and leaders | $867M | $1.02B | 10.0% |
| Hooks, sinkers and terminal tackle | $838M | $989M | 9.7% |
| Depth finders and electronics | $782M | $923M | 9.0% |
| Other fishing equipment | $799M | $943M | 9.2% |
| Ice fishing equipment | $500M | $590M | 5.8% |
| Tackle boxes and storage | $475M | $561M | 5.5% |
| Creels, nets and stringers | $440M | $519M | 5.1% |
| Traps and bait containers | $390M | $460M | 4.5% |
| Total US fishing gear | $8.70B | $10.24B | 100% |
Category shares are held constant from 2022, which understates electronics and overstates traditional terminal tackle.
US Fish and Wildlife Service 2022 National Survey via ASA / Southwick Associates; 2026 figures are Fizel Research estimates.
Canada adds a smaller number than most people expect. The 2015 survey recorded C$224 million in fishing supplies and C$285 million in durable fishing equipment wholly attributable to fishing. Carried forward for Canadian consumer prices (roughly 33% since 2015) and modelled angler growth, that is about C$745 million, or roughly US$540 million at 2026 exchange rates.
Two national datasets, one model, one number.
- $10.24B United States
- plus $0.54B Canada
- plus $1.37B fishing apparel and waders
= US$10.8B core gear, US$12.2B including apparel
Fizel Research estimate, 2026.
One structural caveat. Holding the 2022 category mix constant almost certainly understates marine electronics, which have been the fastest-inflating and fastest-adopting line in the tackle world. Garmin's marine segment alone booked $1.07 billion in 2024, and while only part of that is angling, the direction is clear. Meanwhile the traditional tackle majors have been flat to down: Rapala VMC recorded EUR 220.9 million in 2024 net sales, essentially level year over year, and both Shimano and Globeride reported weak fishing-tackle demand through 2024 and into 2025. The market is not growing in units. It is growing in price and in electronics.
Canada's fishing economy
C$10.9 billion, modelled forward from the last measurement.
Fisheries and Oceans Canada put total angler contributions at C$7.9 billion in 2015: C$2.55 billion in direct trip expenditures and C$5.3 billion in major purchases and investments, of which C$2.6 billion was wholly attributable to fishing. Fizel Research carries those forward with a single combined factor of 1.39 — Canadian consumer price inflation of roughly 33% from 2015 to 2026, modelled angler growth of 10%, and a 5% real drag on per-angler trip spending, which was already falling in real terms before 2015.
Every 2026 figure here is a Fizel Research estimate. Canada has not run a national survey since 2015.
| Measure | 2015 measured | 2026 estimate | Basis |
|---|---|---|---|
| Direct trip expenditures | C$2.55B | C$3.54B | CPI, angler growth, real drag |
| Major purchases and investments | C$5.30B | C$7.37B | Same factor |
| Total angler contribution | C$7.85B | C$10.90B | Sum |
| Wholly attributable to fishing | C$2.60B | C$3.61B | Same factor |
| Fishing supplies and equipment | C$509M | C$745M | Same factor |
Canadian dollars. Approximately US$7.8B total at 2026 exchange rates.
Fisheries and Oceans Canada, Survey of Recreational Fishing in Canada 2015; 2026 figures are Fizel Research estimates.
The composition of Canadian trip spending tells operators where to look. Transportation was C$914 million and food and lodging C$810 million — together 68% of all direct spending. Package deals, the fly-in camps and all-inclusive fishing lodges that define Canadian angling to the rest of the world, took C$372 million, and fishing services including guides and boat rentals took C$203 million. Non-resident foreign anglers were only a fraction of participants but spent up to C$375 each on services alone in the territories.
Canadian anglers caught 194 million fish in 2015 and kept roughly 59 million, a 30% retention rate. Foreign visiting anglers kept only 12% of what they caught. Walleye was 26% of the national catch, followed by trout at 20%, pike at 13%, perch at 12% and bass at 10%.
Fishing ecommerce
The most under-measured channel in outdoor retail.
There is no published, fishing-specific ecommerce statistic anywhere in the public record. Not penetration, not average order value, not return rate. Every figure in circulation is a broader sports-equipment aggregate. So Fizel Research builds one, using our canonical outdoor-product online share of 32.7% as the starting point and adjusting for what makes tackle different.
Two forces push in opposite directions. On balance, fishing indexes slightly above the outdoor-product average.
Structural features of tackle that favour ecommerce.
- Extreme SKU depth no shop can stock in full
- Consumable, repeat-purchase terminal tackle
- Specification-led buying with no fit requirement
- Strong marketplace and brand direct presence
- Species and water-specific niches served nationally
- Subscription and replenishment behaviour in soft baits
Structural features that keep tackle local.
- Live and frozen bait cannot ship
- Same-day, pre-dawn purchase urgency
- Local knowledge is the product in a bait shop
- Rod feel and action reward in-person selection
- Licence sales and launch access drive foot traffic
- Guide and charter bookings anchor local relationships
Fizel Research assessment, 2026.
Applied to the core North American gear market of US$10.8 billion.
- US$10.8B gear market
- x 34.0% online share
- ÷ $68 average order value
= ≈ US$3.7B across 54 million orders
Fizel Research estimate, 2026.
All figures are Fizel Research estimates. Where a general outdoor benchmark exists, it is shown alongside for contrast.
| Metric | Fishing estimate | Outdoor-product benchmark | Why they differ |
|---|---|---|---|
| Online share of retail | 34.0% | 32.7% | SKU depth and consumables |
| Average order value | $68 | $145 | Terminal tackle top-ups dominate order count |
| Annual online orders | 54M | 75.7M | Smaller market, smaller baskets |
| Online return rate | 12.5% | 19.0% | Hardgoods, not apparel sizing |
| In-store return rate | 6.0% | 8.4% | Consumables are rarely returned |
| Mobile share of online orders | 68% | 62% | Purchases made at the water |
Outdoor-product benchmarks are from the Fizel Research outdoor retail dataset.
Fizel Research estimates, 2026.
The average order value is the number that changes how a shop should think about online. At roughly $68, a fishing ecommerce order is less than half a general outdoor order. Payment cost per order matters proportionally more, fixed per-transaction fees bite harder, and the difference between a well-negotiated interchange-plus rate and a flat blended rate compounds across 54 million small baskets rather than 20 million large ones. It is one of the reasons the payment setup that suits a fishing and tackle shop looks different from a general outdoor retailer's.
The mobile figure is distinctive to this category. Fishing is the outdoor activity most likely to generate a purchase while the customer is standing in the water, on a boat or in a truck at a launch. Fizel Research estimates 68% of fishing ecommerce orders are placed on a phone, above the outdoor-product average, and that a meaningful share of those are same-week fulfilment or click-and-collect at a local shop.
Seasonality
The sharpest revenue curve in outdoor retail.
Every outdoor category is seasonal. Fishing is seasonal twice over: once because fish and weather have a calendar, and again because licences, openers and stocking schedules concentrate demand into specific weeks. Fizel Research estimates that May, June and July together carry roughly 36% of annual fishing gear revenue, running at about 1.45 times an average month.
An index where 100 equals an average month. Ice fishing gives northern retailers a genuine second season; general tackle does not.
- General tackle and gear
- Ice fishing hardgoods
Average month = 100
May peaks on opener and licence renewal; November peaks on ice pre-season and holiday gifting.
Fizel Research estimates, 2026.
The commercial consequences are concrete. A shop earning 36% of its year in thirteen weeks carries inventory financing costs through a nine-month trough, needs seasonal staff who must be trained and paid before the revenue arrives, and is exposed to a single bad-weather May in a way that a year-round retailer is not. It is also why funding speed matters more here than almost anywhere else in outdoor retail: in peak season, the difference between same-day and three-day settlement is the difference between reordering the hot bait on Tuesday and reordering it on Friday, after the run is over.
Guides, charters and lodges run an even tighter curve. A Canadian fly-in operation may take 90% of its bookings in a fourteen-week window and collect most of its deposits five to seven months earlier, in the depths of winter. That gap between authorisation and delivery is a payments problem before it is anything else.
How fishing gets paid
Small baskets in the shop, large deposits on the water, and a long gap in between.
Fishing businesses do not share a payment profile. A bait shop and a fly-in lodge are both fishing businesses and have almost nothing in common at the terminal. Fizel Research estimates that cards and digital wallets carry about 85% of North American fishing gear retail dollars — roughly US$9.2 billion — but the shape of those transactions varies more within fishing than across most other outdoor categories.
Fizel Research estimates of typical ticket size, timing and risk characteristics across the fishing sector.
| Business type | Typical ticket | Payment timing | Defining characteristic |
|---|---|---|---|
| Bait and tackle shop | $41 | At the counter, pre-dawn | High transaction count, thin margin per sale |
| Tackle ecommerce | $68 | At checkout | Small baskets, card-not-present risk |
| Fly shop, retail plus instruction | $96 | Mixed counter and booking | Retail and service on one merchant account |
| Guide, day trip | $525 | Deposit then balance on the day | Weather cancellations, high gratuity attach |
| Charter boat, offshore | $1,150 | Deposit 30 to 60 days out | Group splits and per-head collection |
| Fishing or wilderness lodge | $3,400 | Deposit 5 to 7 months out | Long authorisation gap, package billing |
Fizel Research estimates, 2026.
The deposit gap is the defining payments feature of the guided side of the industry. A lodge collecting in January for a July week is holding a customer promise across two quarters, and the card used to book will often have expired or been reissued before the balance is due. Operators who store credentials properly, use account updater services and bill balances against a token rather than a card number avoid a class of failure that quietly costs the sector real revenue every season.
Weather is the second. Fizel Research estimates dispute rates on guide and charter bookings run several times the rate seen in tackle retail, and the overwhelming majority trace to cancelled or shortened trips rather than fraud. A written, acknowledged cancellation policy captured at the point of deposit is the single most effective control available, and it is a payments configuration question as much as a legal one.
On the retail side the economics are the mirror image. A $41 average ticket means fixed per-transaction costs matter more than rate. A shop doing 34,000 transactions a season pays for every cent of per-item pricing twenty-nine times over compared with a business doing the same revenue in 1,200 large sales. Interchange-plus pricing, honest per-transaction terms and same-day or next-business-day funding are worth more to a bait shop than a headline rate is.
The conservation economy
Anglers fund the fisheries they use, through a tax most of them never see.
American anglers contributed just over $2.0 billion to fisheries conservation in 2022: $897 million in licence fees, $725 million in federal excise taxes on fishing equipment and motorboat fuel, and $400 million in private donations. The excise tax has run since the Federal Aid in Sport Fish Restoration Act of 1950 and is paid at the manufacturer level, which means it is embedded in the price of every rod, reel and lure sold.
Two numbers commonly get conflated. The apportionment is what the federal programme distributes; the contribution total is what anglers pay in.
| Measure | Value | Year | Source |
|---|---|---|---|
| Total angler contributions to conservation | $2.02B | 2022 | ASA / Southwick Associates |
| Fishing licence fees | $897M | 2022 | ASA / Southwick Associates |
| Excise taxes on gear and motorboat fuel | $725M | 2022 | ASA / Southwick Associates |
| Private donations | $400M | 2022 | ASA / Southwick Associates |
| Sport Fish Restoration apportionment | $416.4M | FY2025 | US Fish and Wildlife Service |
| Combined Wildlife and Sport Fish Restoration | Over $1.3B | FY2025 | US Fish and Wildlife Service |
The apportionment and the contributions total measure different flows and should not be compared directly.
American Sportfishing Association / Southwick Associates and the US Fish and Wildlife Service.
For a retailer, the practical point is that the excise tax makes tackle pricing structurally different from general outdoor product. A price increase on a rod is not purely a margin decision; part of the cost base is a statutory levy that scales with wholesale value and funds the fishery the customer is about to visit.
Supply, imports and the tariff year
2025 was the most disruptive year for tackle sourcing in a generation.
Fishing tackle is an import-heavy category. United States imports under HS heading 9507, which covers fishing rods, hooks and other line fishing tackle and landing nets, ran at roughly $838 million over the twelve months to April 2026, against about $141 million of exports — a trade deficit of nearly six to one in a product class where the United States holds only 2.5% of global export share.
That exposure met the 2025 tariff programme head-on. A 10% baseline duty on most imports was announced in April 2025, and China-specific rates spiked as high as 125% to 145% during the spring escalation before partial rollback. The American Sportfishing Association publicly warned that member companies would close if the highest China rates persisted. Suppliers largely did not reshore: Rapala VMC's chief executive stated in August 2025 that the company was not considering shifting production to the United States, citing labour cost and manufacturing complexity.
The result at retail is a category where landed cost moved faster than shelf price for most of a year, and where 2026 assortment decisions were made against pricing that was still settling. It is also part of why the Fizel Research model shows a market growing in dollars while the major tackle manufacturers report flat to declining volume.
What the data means for operators
Six conclusions a fishing business can act on.
Retention is now worth more than recruitment. With 6.3 million first-timers arriving and 19 million participants leaving, the marginal dollar is better spent on the second and third visit than on the first. That means capturing contact details at the counter, knowing what a customer fishes for, and having a reason to reach them in April.
The growth segments are not the ones most shops are merchandised for. Hispanic participation doubled in a decade. Female participation added 5.4 million. Saltwater set a record. Anglers over 65 are the fastest-growing age cohort. Very little retail assortment, staffing or marketing in this industry reflects any of that.
Ecommerce is not optional, but it is not the same business. A $68 average order in a market with 54 million orders a year is a volume operation with thin per-order economics. Shops that win online in fishing tend to do it on depth, species expertise and speed — not price.
Seasonality is a financing problem disguised as a demand problem. Thirty-six percent of the year in thirteen weeks means working capital, funding speed and inventory timing decide the season before the fish do.
Guided businesses are deposit businesses. If deposits are collected months ahead, the payment stack has to survive card reissues, group splits, weather cancellations and a balance charge that lands long after the authorisation. Most disputes in this sector are policy failures, not fraud.
And the industry's own numbers need handling with care. A $272 billion economic impact figure and a $10.8 billion gear market describe the same sport. Knowing which one applies to your business is the difference between a plan and a press release. Fizel works across the whole of it — fly shops, guides and outfitters, lodges, marinas and boat dealers — and the payment setup that suits each of them is genuinely different.
Methodology and sources
What is measured, what is modelled, and where the gaps are.
Participation figures for the United States come directly from the 2026 Special Report on Fishing, published by the American Sportfishing Association and The Outdoor Foundation, covering the 2025 calendar year. Spending and economic impact figures originate in the US Fish and Wildlife Service 2022 National Survey of Fishing, Hunting and Wildlife-Associated Recreation, analysed for ASA by Southwick Associates using IMPLAN modelling. Canadian figures come from the Fisheries and Oceans Canada Survey of Recreational Fishing in Canada 2015, published 2019. Federal conservation apportionments are from the US Fish and Wildlife Service. Trade values are from US Census and USITC data as published through the Observatory of Economic Complexity.
Fizel Research estimates are labelled as such throughout. They are produced by applying stated inflation and participation adjustments to measured survey baselines, and by applying our own outdoor-retail dataset where no fishing-specific measurement exists. Every estimate in this report can be reproduced from the equations shown.
Three gaps are worth naming plainly. Canada has not run a national recreational fishing survey since 2015, so every Canadian 2026 figure here is modelled across an eleven-year interval. No public source publishes fishing tackle retail sales, category shares or fishing-specific ecommerce metrics; the detailed breakdowns behind those numbers sit in subscription products from Circana and Southwick Associates. And the Bureau of Economic Analysis reports boating and fishing as a single combined category within its $1.3 trillion outdoor recreation economy, so no federal GDP figure isolates fishing alone.
Fizel Research, August 2026. Primary sources: ASA and The Outdoor Foundation, 2026 Special Report on Fishing; ASA and Southwick Associates, Sportfishing in America; US Fish and Wildlife Service 2022 National Survey and FY2025 Sport Fish Restoration apportionment; Fisheries and Oceans Canada, Survey of Recreational Fishing in Canada 2015; Statistics Canada; US Bureau of Economic Analysis Outdoor Recreation Satellite Account; company filings from Garmin, Rapala VMC, Shimano and Globeride. Estimates are Fizel Research's own and are identified in place.




