Global Top 5 Companies Accounted for 25% of total Fishing Lures market (QYResearch, 2021) (1)

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.

 

According to the new market research report “Global Fishing Lures Market Report 2023-2029”, published by QYResearch, the global Fishing Lures market size is projected to reach USD 4.32 billion by 2029, at a CAGR of 5.1% during the forecast period.

 

Figure.   Global Fishing Lures Market Size (US$ Million), 2018-2029

Based on or includes research from  QYResearch: Global Fishing Lures Market Report 2023-2029.

 

Figure.   Global Fishing Lures Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from  QYResearch: 2021 data information of Global Fishing Lures Market Report 2023-2029.

 

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), Eagle Claw, Tiemco, etc. In 2021, the global top five players had a share approximately 25.0% in terms of revenue.

 

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com

 

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

 

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.