The Fishing Aquaculture Nets Market is being driven by Increasing consumption of fish and fish products
The Fishing Aquaculture Nets Market is expected to grow at a CAGR of 4.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 504.3 million. In the fishing aquaculture industry, net manufacturers distinguish themselves through diverse net designs and models. High-density polyethylene (HDPE) fishing aquaculture nets have emerged as a preferred choice for aquaculture farmers due to their versatility, relatively lower capital investment, and ease of use in various aquaculture operations. HDPE nets offer superior strength, durability, and resistance to wear and tear, making them a popular choice. Leading companies in this sector, such as Kohinoor Ropes and Jaya Nets Sdn Bhd, provide a range of HDPE fishing aquaculture nets in various shapes, sizes, and mesh sizes, catering to different species of fish and specific farming requirements. These companies prioritize offering flexible and long-lasting solutions to meet the evolving needs of the aquaculture sector.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
227 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.9% |
Market growth 2025-2029 |
USD 504.3 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.5 |
Key countries |
China, India, Thailand, US, Vietnam, South Korea, Germany, UK, France, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Fishing Aquaculture Nets Market encompasses various aspects including knot tying techniques, net manufacturing processes, and maintenance protocols for yield improvement. Water quality monitoring, fish health parameters, and predator exclusion methods ensure optimal fish growth. Bycatch reduction strategies, sustainable harvesting practices, and waste management techniques promote economic efficiency. Material selection criteria, stress testing methodologies, and impact resistance analysis ensure net durability. Environmental impact mitigation, sustainable practices, and selective fishing technology enhance market growth. Innovative net designs, efficient net handling, cost-effective materials, and improved tear strength and abrasion resistance properties are key focus areas. Knot failure analysis, UV degradation studies, biofouling prevention methods, and performance evaluation metrics are essential for continuous improvement. Aquaculture system design incorporates all these elements for responsible and efficient fishing practices.
The Fishing Aquaculture Nets market is a significant segment within the larger leisure products industry. Key factors driving market growth include the increasing demand for net material strength and durability, as well as the importance of mesh size selection and knot strength testing for optimal fish cultivation. Manufacturers prioritize these factors to ensure the longevity and efficiency of their aquaculture nets. The global leisure products market, which includes household durables, experiences continuous expansion due to the increasing memberships in health and fitness clubs and the subsequent demand for related equipment. Technavio's market analysis forecasts the global household durables market size based on the combined revenue generated by manufacturers in various sectors, such as consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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