A fishing lure is a type of artificial fishing bait which is designed to attract a fish's attention. The lure uses movement, vibration, flash and color to bait fish. Many lures are equipped with one or more hooks that are used to catch fish when they strike the lure. Some lures are placed to attract fish so a spear can be impaled into the fish or so the fish can be captured by hand. Most lures are attached to the end of a fishing line and have various styles of hooks attached to the body and are designed to elicit a strike resulting in a hookset. Many lures are commercially made but some are hand made such as fishing flies. Hand tying fly lures to match the hatch is considered a challenge by many amateur entomologists.
This report contains market size and forecasts of Fishing Lures in global, including the following market information:
Global Fishing Lures Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Fishing Lures Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Fishing Lures companies in 2021 (%)
The global Fishing Lures market was valued at 2959.7 million in 2021 and is projected to reach US$ 4184.6 million by 2028, at a CAGR of 5.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Freshwater Fishing Lures Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Fishing Lures include Rapala VMC Corporation, Shimano, Globeride(Daiwa), Pure Fishing, Inc, DUEL CO., Inc., Johshuya Co., Pokee Fishing, Cabela's Inc. (Bass Pro Shops) and Eagle Claw, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Fishing Lures manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Fishing Lures Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Fishing Lures Market Segment Percentages, by Type, 2021 (%)
Freshwater Fishing Lures
Saltwater Fishing Lures
Global Fishing Lures Market, by Distribution Channel, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Fishing Lures Market Segment Percentages, by Distribution Channel, 2021 (%)
Fishing Supply Stores
Sports Outlets
Online Retail
Others
Global Fishing Lures Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Fishing Lures Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Fishing Lures revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Fishing Lures revenues share in global market, 2021 (%)
Key companies Fishing Lures sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Fishing Lures sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Rapala VMC Corporation
Shimano
Globeride(Daiwa)
Pure Fishing, Inc
DUEL CO., Inc.
Johshuya Co.
Pokee Fishing
Cabela's Inc. (Bass Pro Shops)
Eagle Claw
Tiemco
Clam Outdoors
WeiHai LiangChen Product
Weihai Qingdong Fishing Tackle (Kingdom)