Global Fishing Nets market Size will register a 4.9% CAGR in terms of revenue, the market size will reach $ 1827.1 million by 2027.
Earlier, the fishing nets were made of grass, wool; flaxes, and silk while modern nets are comprised of a material such as nylon. The majority of fishing nets are made of nylon because of their durability, streangth, resistance to oil and other chemicals, easy wo wash benefit and low absorption to moisture. As far as net type is concerned, it can further be divided into hoop nets, gill nets, cast nets, and more. Hoop nets are tube-shaped with bait at the end and lines of hoops that are closed at the tail end. The gill nets are probably most effective as it has a wall-like structure and it allows the head of the fish to enter the net and doesn’t allow the fish to escape. Hoop nets are used for commercial use. Cast nets are circle-shaped with weights being distributed towards the side.APAC is expected to be the leading customer of fish. Yet, the guidelines to protect the endangered sea animals’ species might hinder the growth of the fishing net market. Moreover, usage of re-usable plastic in order to create fishing nets will also have a significant impact on the market as it can help in reducing the ocean waste which is caused by damaged fishing nets that sees the death of numerous sea animals.
Industry News and Development:
In May 2019, BUBBA, South American company announced the launch of the BUBBA Fishing Net. The launch of fishing net is expected to help the company to step into premium and highly dependable fishing products range. The BUBBA Fishing Net is widely available online.
AKVA group acquire 33.7% of Observe Technologies
Feb: AKVA group has acquired 33.7% of the shares in Observe Technologies Ltd (Observe) to further strengthen its digital strategy. Partnership with AKVA has successfully sold and delivered their artificial intelligence (AI) feeding solutions to more than 20 farm sites in 5 different countries. With this new agreement, AKVA and Observe will continue to develop and leverage their complementary technologies and solutions using AI to partner with customers to improve fish performance.
Top Key Players in the Fishing Nets Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Fishing Nets Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes 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., and SN, NICHIMO, WireCo WorldGroup(Euronet), Vónin, Nitto Seimo, AKVA Group, Hvalpsund, King Chou Marine Tech, Anhui Jinhai, Zhejiang Honghai, Anhui Jinhou, Qingdao Qihang, Hunan Xinhai, Yuanjiang Fuxin Netting, Scale AQ(Aqualine) and others.
Global Fishing Nets Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
The fishing Nets Market is segmented based on the type, applications, companies, and regions.
By Type
By Аррlісаtіоn
By end user’s industry application
The Asia Pacific is anticipated to hold a prominent share in the global market of fishing nets. Fishing in the Asia Pacific has been gaining rapid popularity Because of the presence of an elective variety of fish and other marine animals.North America is anticipated to witness growth in the global market of fishing nets. Miller Net com Inc. Memphis Net and Twine and Others within the region is predicted to drive the market in North America.
The report offers an in-depth assessment of the growth and other aspects of the Fishing Nets Market in important regions, including the
North America
Report Attributes | Report Details |
Report Title | Fishing Nets Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - NICHIMO, WireCo WorldGroup (Euronete), AKVA Group, Nitto Seimo |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | 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., and SN, NICHIMO, WireCo WorldGroup(Euronet), Vónin, Nitto Seimo, AKVA Group, Hvalpsund, King Chou Marine Tech, Anhui Jinhai, Zhejiang Honghai, Anhui Jinhou, Qingdao Qihang, Hunan Xinhai, Yuanjiang Fuxin Netting, Scale AQ(Aqualine) and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 120 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Fishing Nets Market is studied from 2017 - 2027.
What is the growth rate of Fishing Nets Market?
The Fishing Nets Market is growing at a CAGR of 4.9% over the next 5 years.
What regions does this Fishing Nets Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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