Lure Fishing Rod Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.3 Billion by 2033, growing at a CAGR of 5.2% from 2026 to 2033.
The Asia Pacific Lure Fishing Rod Market Is Experiencing Significant Growth, Driven By Increasing Recreational Fishing Activities And Advancements In Fishing Equipment Technology. Spinning Rods Lead The Market, Accounting For Approximately 36% Of The Revenue Share In 2024, Due To Their Versatility And User-Friendly Design. Casting Rods Follow Closely, With A Projected Growth Rate Of 6.5% Over The Forecast Period, Offering Superior Accuracy And Distance For Lure Casting.
Freshwater Fishing Dominates The Application Segment, Holding A 60% Market Share, Attributed To Its Popularity Across Various Regions. However, Saltwater Fishing Is Projected To Experience The Highest Growth Rate, Fueled By Rising Tourism And Fishing Activities In Coastal Areas.
Carbon Fiber Rods Are Gaining Popularity In The Asia Pacific Region, Holding The Largest Market Share Of 50.7% In 2024. Their Lightweight Yet Durable Nature, Along With Enhanced Sensitivity And Corrosion Resistance, Makes Them Ideal For Both Amateur And Professional Anglers. Fiberglass Rods Are Also Witnessing Growth, Expected To Register A Cagr Of 6.4%, Appealing To Budget-Conscious Consumers Due To Their Affordability And Durability.
Offline Distribution Channels Dominate The Market, Accounting For 82.9% Of The Share In 2024, As Anglers Prefer To Physically Evaluate Rods Before Purchase. However, The Online Segment Is Projected To Grow Rapidly, Driven By The Convenience And Accessibility Of E-Commerce Platforms.
Countries Like China And India Are Leading The Market Growth, With China Generating A Revenue Of Usd 89.8 Million In 2024 And Expected To Reach Usd 128.7 Million By 2030. India Is Projected To Be The Fastest-Growing Regional Market In Asia Pacific, Anticipated To Reach Usd 110.5 Million By 2030.
In Summary, The Asia Pacific Lure Fishing Rod Market Is Poised For Continued Expansion, Supported By Technological Innovations, Increasing Recreational Fishing Activities, And Growing Demand For High-Performance Fishing Equipment Across The Region.
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Newell (Jarden Corporation)
Shimano
Globeride(Daiwa)
Rapala VMC Corporation
Weihai Guangwei Group
Dongmi Fishing
Johshuya Co.
Johnson Outdoors
Cabela's Inc
Wright & McGill
Pokee Fishing
St. Croix Rods
Gamakatsu
Tica Fishing
By 2030, Asia Pacific is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Asia Pacific is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Asia Pacific is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Asia Pacific, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Asia Pacific Lure Fishing Rod Market
Spinning Rods
Baitcasting Rods
Fly Rods
Surf Rods
Telescopic Rods
Graphite Rods
Fiberglass Rods
Composite Rods
Carbon Fiber Rods
Short Rods (less than 6 feet)
Medium Rods (6 to 7 feet)
Long Rods (more than 7 feet)
Fast Action Rods
Moderate Action Rods
Slow Action Rods
Bass
Trout
Pike
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Asia Pacific Lure Fishing Rod Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Asia Pacific Lure Fishing Rod Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Asia Pacific Lure Fishing Rod Market, By Type
6. Asia Pacific Lure Fishing Rod Market, By Application
7. Asia Pacific Lure Fishing Rod Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Asia Pacific
Vietnam
8. Asia Pacific Lure Fishing Rod Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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