Analysis on the market of fishing lure in the USA

Analysis on the market of fishing lure in the USA

The fishing lure industry in the USA is a significant part of the larger recreational fishing industry. According to a report by the American Sportfishing Association, recreational fishing contributes around $125 billion annually to the US economy and supports over 800,000 jobs.

The market for fishing lures in the USA is highly competitive, with numerous brands and types of lures available to anglers. The market is segmented by lure type, including hard baits, soft baits, jigs, spinnerbaits, and others.

The demand for fishing lures is driven by the popularity of recreational fishing, which has been on the rise in recent years. This growth can be attributed to factors such as increased disposable income, the availability of affordable fishing equipment, and the promotion of fishing as a healthy outdoor activity. Additionally, the growth of e-commerce platforms has made it easier for anglers to purchase fishing lures online, increasing the market’s reach.

Major players in the fishing lure industry in the USA include companies like Rapala, Shimano, and Pure Fishing, among others. These companies offer a wide range of fishing lures at various price points, catering to different segments of the market.

Some of the major fishing lure distributors in the USA include:

  1. Rapala USA
  2. Pure Fishing
  3. Shimano
  4. Strike King
  5. Yo-Zuri America
  7. Z-Man Fishing Products
  8. Lucky Craft
  9. Megabass USA
  10. Savage Gear USA

It’s important to note that there are many other fishing lure distributors in the USA, and this list is not exhaustive. Additionally, some manufacturers may also sell their products directly to consumers, bypassing distributors.

In conclusion, the fishing lure industry in the USA is a competitive and dynamic market, driven by the growth of recreational fishing and the availability of fishing lures through e-commerce platforms. With a diverse range of products offered by major players in the industry, anglers have plenty of options to choose from to enhance their fishing experience.

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