The Fishing Nets industry can be broken down into several segments, Knotted Nets, Knotless Nets, etc.
Across the world, the major players cover NICHIMO, WireCo WorldGroup(Euronete), etc.
Fishing nets are nets used for fishing and aquaculture. They are devices made from fibers woven in a grid-like structure. Fishing nets are usually meshes formed by knotting a relatively thin thread. Modern nets are usually made of Knotted Netss like nylon, although nets of Knotless Netss such as wool or silk thread were common until recently and are still used.
Market Analysis and Insights: Global Fishing Nets Market
Due to the COVID-19 pandemic, the global Fishing Nets market size is estimated to be worth US$ 1592.4 million in 2022 and is forecast to a readjusted size of US$ 2097.6 million by 2028 with a CAGR of 4.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Knotted Nets accounting for % of the Fishing Nets global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Individual segment is altered to an % CAGR throughout this forecast period.
The major manufacturers are concentrated in NICHIMO, WireCo WorldGroup(Euronete), Vónin, Nitto Seimo, etc. At present, Nitto Seimo is the global leader, holding about 12% sales revenue market share in 2019.
In 2019, the Fishing Nets consumption market is led by Asia-Pacific and Asia-Pacific is the largest region consumption market, accounting for about 48% of global consumption of Fishing Nets.
Global Fishing Nets Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Fishing Nets Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Knotted Nets
Knotless Nets
Segment by Application
Individual
Commercial
By Company
NICHIMO
WireCo WorldGroup(Euronete)
Vónin
Nitto Seimo
AKVA Group
Hvalpsund
King Chou Marine Tech
Anhui Jinhai
Anhui Jinhou
Qingdao Qihang
Hunan Xinhai
Yuanjiang Fuxin Netting
Scale AQ(Aqualine)
Production by Region
North America
Europe
China
Japan
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina