The global demand for Fishing Nets Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A net used for fishing purposes is called a fishing net or sometimes fish traps. Typically fishing net is a mesh or grid-like structure made by weaving fibers together. Currently, artificial polyamides such as nylon are used to make fishing nets. Sometimes organic polyamides such as wool or silk threads are also used to make a fishing net. The mesh of the fishing net is created by tying knots using thin threads. Earlier cotton or fibrous plant material was used to make fishing nets. There are various types of fishing nets such as cast nets, bottom trawl, dragnet, drift net, fixed gill net, hand net, lift net, and many others.
The prime factor that is driving the global fishing nets market is increased fishing activity at the personal level as well as commercial level. The awareness about the health benefits of eating fish has increased, leading to increased consumption of fish and seafood, which results in growth in the fishing net market. Furthermore, the use of advanced technologies in the fishing net market is supporting the market. During the COVID-19 pandemic, the fishing net market may face certain hindrances due to reduced fishing activity, disrupted supply chain, and decreased production rate.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of fishing nets.
The entire fishing nets market has been sub-categorized into net type and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Net Type
- Gill Nets
- Hoop Nets
- Cast Nets
- Commercial Use
- Household Use
This section covers regional segmentation which accentuates on current and future demand for fishing nets market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Fishing Nets Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fishing nets market include Miller Net Company Inc., Siang May, Magnum polymers Pvt. ltd., Brunsonnet and Supply Inc., Memphis Net and Twine, Viet AU ltd., Naguara Net Co. Inc., Nitto Seimo, Siang May, SNC. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.