| Product Code: ETC5033201 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway continues to rely on imports of fishing lures, with top exporters including China, Sweden, USA, Lithuania, and Indonesia in 2024. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a negative compound annual growth rate of -4.99% from 2020 to 2024. Furthermore, the growth rate in 2024 dropped significantly by -16.17%, suggesting potential challenges or shifts in the market dynamics. Stakeholders should closely monitor these trends to adapt strategies and remain competitive in the evolving fishing lure import market in Norway.

By 2027, the Fishing Lure market in Norway is anticipated to reach a growth rate of 4.82%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Fishing Lure Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Fishing Lure Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Fishing Lure Market - Industry Life Cycle |
3.4 Norway Fishing Lure Market - Porter's Five Forces |
3.5 Norway Fishing Lure Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Fishing Lure Market Revenues & Volume Share, By Fishing Type, 2021 & 2031F |
3.7 Norway Fishing Lure Market Revenues & Volume Share, By Length, 2021 & 2031F |
3.8 Norway Fishing Lure Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Norway Fishing Lure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in recreational fishing activities in Norway |
4.2.2 Growing popularity of sport fishing as a leisure activity |
4.2.3 Technological advancements in fishing lure design and materials |
4.3 Market Restraints |
4.3.1 Stringent regulations on fishing practices and gear in Norway |
4.3.2 Seasonal variations and weather conditions impacting fishing activities |
5 Norway Fishing Lure Market Trends |
6 Norway Fishing Lure Market Segmentations |
6.1 Norway Fishing Lure Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Fishing Lure Market Revenues & Volume, By Jigs, 2021-2031F |
6.1.3 Norway Fishing Lure Market Revenues & Volume, By Combined Lures, 2021-2031F |
6.1.4 Norway Fishing Lure Market Revenues & Volume, By Spoons, 2021-2031F |
6.1.5 Norway Fishing Lure Market Revenues & Volume, By Soft Plastic Baits, 2021-2031F |
6.1.6 Norway Fishing Lure Market Revenues & Volume, By Flies, 2021-2031F |
6.1.7 Norway Fishing Lure Market Revenues & Volume, By Spinnerbaits, 2021-2031F |
6.2 Norway Fishing Lure Market, By Fishing Type |
6.2.1 Overview and Analysis |
6.2.2 Norway Fishing Lure Market Revenues & Volume, By Freshwater Fishing, 2021-2031F |
6.2.3 Norway Fishing Lure Market Revenues & Volume, By Saltwater Fishing, 2021-2031F |
6.2.4 Norway Fishing Lure Market Revenues & Volume, By Great Lake Fishing, 2021-2031F |
6.3 Norway Fishing Lure Market, By Length |
6.3.1 Overview and Analysis |
6.3.2 Norway Fishing Lure Market Revenues & Volume, By Less than 4 Inches, 2021-2031F |
6.3.3 Norway Fishing Lure Market Revenues & Volume, By 4 Inches, 2021-2031F |
6.3.4 Norway Fishing Lure Market Revenues & Volume, By 5 Inches, 2021-2031F |
6.3.5 Norway Fishing Lure Market Revenues & Volume, By More than 5 Inches, 2021-2031F |
6.4 Norway Fishing Lure Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Norway Fishing Lure Market Revenues & Volume, By Sports Outlets, 2021-2031F |
6.4.3 Norway Fishing Lure Market Revenues & Volume, By Modern Trade Channels, 2021-2031F |
6.4.4 Norway Fishing Lure Market Revenues & Volume, By Fishing Supply Stores, 2021-2031F |
6.4.5 Norway Fishing Lure Market Revenues & Volume, By Online Retail, 2021-2031F |
6.4.6 Norway Fishing Lure Market Revenues & Volume, By Other Channels, 2021-2031F |
7 Norway Fishing Lure Market Import-Export Trade Statistics |
7.1 Norway Fishing Lure Market Export to Major Countries |
7.2 Norway Fishing Lure Market Imports from Major Countries |
8 Norway Fishing Lure Market Key Performance Indicators |
8.1 Number of fishing licenses issued annually |
8.2 Participation rates in fishing-related events and tournaments |
8.3 Adoption rate of eco-friendly and sustainable fishing lures |
8.4 Innovation rate in fishing lure design and materials |
8.5 Percentage of repeat customers in the fishing lure market |
9 Norway Fishing Lure Market - Opportunity Assessment |
9.1 Norway Fishing Lure Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Fishing Lure Market Opportunity Assessment, By Fishing Type, 2021 & 2031F |
9.3 Norway Fishing Lure Market Opportunity Assessment, By Length, 2021 & 2031F |
9.4 Norway Fishing Lure Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Norway Fishing Lure Market - Competitive Landscape |
10.1 Norway Fishing Lure Market Revenue Share, By Companies, 2024 |
10.2 Norway Fishing Lure Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |