Global Fishing Lures Market Growth 2025-2031

Global Fishing Lures Market Growth 2025-2031

The global Fishing Lures market size is predicted to grow from US$ 3118 million in 2025 to US$ 4298 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.

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.

Global key players of Fishing Lures include Rapala VMC Corporation, Shimano, Globeride(Daiwa), Pure Fishing, Inc, and DUEL CO., Inc., etc. Top five players occupy for a share about 25%. North America is the largest market, with a share about 41%, followed by Japan and Europe. In terms of product, Freshwater Fishing Lures is the largest segment, with a share over 63%. In terms of Distribution Channel, Fishing Supply Stores is the largest market, with a share over 31%.

LP Information, Inc. (LPI) ' newest research report, the “Fishing Lures Industry Forecast” looks at past sales and reviews total world Fishing Lures sales in 2024, providing a comprehensive analysis by region and market sector of projected Fishing Lures sales for 2025 through 2031. With Fishing Lures sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fishing Lures industry.

This Insight Report provides a comprehensive analysis of the global Fishing Lures landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fishing Lures portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fishing Lures market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fishing Lures and breaks down the forecast by Type, by Distribution Channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fishing Lures.

This report presents a comprehensive overview, market shares, and growth opportunities of Fishing Lures market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Freshwater Fishing Lures
Saltwater Fishing Lures

Segmentation by Distribution Channel:
Fishing Supply Stores
Sports Outlets
Online Retail
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fishing Lures market?

What factors are driving Fishing Lures market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fishing Lures market opportunities vary by end market size?

How does Fishing Lures break out by Type, by Distribution Channel?

Please note: The report will take approximately 2 business days to prepare and deliver.