Bait and Lures Market Size, Regional Status and Prospect 2023 | Strategic Investment Plans, Business Opportunities, SWOT Analysis, Regional Growth Challenges upto 2031

Bait and Lures Market

Bait and Lures Market


Due to the COVID-19 pandemic, the global Bait and Lures market size is estimated to be worth USD million in 2021 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the forecast period 2022-2028. Due to the COVID-19 pandemic, the global Bait and Lures market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Bait and Lures market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bait and Lures landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.Soft Bait Lures accounting for % of the Bait and Lures global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Fishing Supply Stores segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.The global major manufacturers of Bait and Lures include Rapala VMC Corporation, Shimano, Globeride(Daiwa), Pure Fishing, DUEL, Johshuya, Pokee Fishing, Cabela’s Inc. (Bass Pro Shops) and Eagle Claw, etc. In terms of revenue, the global 3 largest players have a % market share of Bait and Lures in 2021.This report focuses on Bait and Lures volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bait and Lures market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.Global Bait and Lures Market: Segment AnalysisThe research report includes specific segments by region (country), by company, by Type and by Sales Channel. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Major players covered in Bait and Lures Market are:

  • Rapala VMC Corporation
  • Shimano
  • Globeride(Daiwa)
  • Pure Fishing
  • DUEL
  • Johshuya
  • Pokee Fishing
  • Cabela’s Inc. (Bass Pro Shops)
  • Eagle Claw
  • Tiemco
  • Clam Outdoors
  • WeiHai LiangChen Product
  • Weihai Qingdong Fishing Tackl
  • Rebel
  • Jarden Corporation
  • Strike King

Market Segment by Type:

  • Soft Bait Lures
  • Hard Bait Lures
  • Saltwater Lures
  • Spinnerbaits & Buzzbaits
  • Others

Market Segment by Application:

  • Fishing Supply Stores
  • Sports Outlets
  • Online Retail
  • Others

Learn the strategies needed to outpace the competition and become successful in the Bait and Lures market with the report.

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