Trawl Ropes and Nets Market by Type (Large Size, Medium Size, and Other), Application (Marine Aquaculture Industry and Freshwater Aquaculture Industry), Distribution Channel (Online and Offline), and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023– 2031
Market Outlook
The global trawl ropes and nets market size was USD 341.3 Mn in 2022 and is likely to reach USD 538.7 Mn by 2031, expanding at a CAGR of 5.20% during 2023–2031. The market growth is attributed to the increasing volume of commercial fishing activities and investments in emerging economies such as Japan, China, India, and South Korea.
Trawl ropes and nets are cone-shaped fishing nets primarily designed for catching fish in lakes, rivers, and marine regions. Trawls, also known as dragged gear or towed gear, are deployed under deep water and towed behind a boat or vessel to catch a variety of fish, especially for commercial purposes. Fishers mostly deploy the nets for commercial fishing for demersal (bottom of seas or lakes) and pelagic (surface layers of seas/open oceans) fish in marine and freshwater regions. The nets are sometimes used to target specific fish species.
Trawl Ropes and Nets Market Dynamics
What drives Trawl Ropes and Nets Market?
Growing demand for seafood products
The growing demand for seafood products, especially fish, is a key factor boosting the global trawl ropes and nets market. Increasing preference for seafood and seafood products globally is largely attributed to the growing health-conscious population who are aware of the health benefits of consuming seafood.
Rising Popularity of Aquaculture and the Increasing Volume of Commercial Fishing
Rising demand for aquaculture and increasing volume of commercial fishing worldwide due to the growing demand for fish are driving the global trawl ropes and nets market. Aquaculture is widely considered a sustainable fishing practice that can help in breeding or harvesting various endangered aquatic species of plants and fish.
What restraints Trawl Ropes and Nets Market?
Strict Government Regulations toward Overfishing and Environmental Concerns
Harmful raw materials are used to manufacture trawl ropes and nets and governments across the globe are setting up policies and regulations on a local and international level to ensure that fishing activities don't throw the ecosystem off balance by overfishing which results in hampering the market growth.
What are the Opportunities for Trawl Ropes and Nets Market?
Technological Advancements and the Development of New Materials for Fishing Nets
Technological advancements in fishing equipment and the rapid introduction of high-strength and durable materials for fishing nets and aquaculture cage such as increasing demand for high-density polyethylene (HDPE) cages are creating lucrative opportunities for the market players.
Scope of Trawl Ropes and Nets Market Report
The report on the Global Trawl Ropes and Nets Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Trawl Ropes and Nets Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016 & 2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Large Size, Medium Size, and Other), Application (Marine Aquaculture Industry and Freshwater Aquaculture Industry), and Distribution Channel (Online and Offline) |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Avient Corporation, Jaya Nets Sdn. Bhd., Garware Technical Fibres Ltd., AKVASERVIS, AS Fiskevegn, Dynamica Ropes, Bridon-Bekaert, Hampidjan Australia, Tufropes Pvt Ltd., and Coastal Nets Limited |
Segmental Outlook
What Key Factors Contribute to the Significant Expansion of the Type Segment?
Increasing demand for large-sized Fishing Nets
Based on types, the global market is segregated into large-size, medium-size, and others. The large-size trawl ropes and nets segment accounted for a major share of the market in 2022 and is projected to register a CAGR of 4.2% during the forecast period.
The segment growth is attributed to the growing demand for large-sized fishing nets among commercial fishing groups that largely engage in fishing practices, especially in deep seas or oceans. However, the medium-size trawl ropes and nets segment is anticipated to register a considerable CAGR during the forecast period due to the increasing consumer usage of medium-size nets as these are easy to access.
What are the Main Aspects for Boosting the application Segment?
Increasing demand for trawl ropes and nets for marine-based activities
In terms of application, the global market is bifurcated into the marine aquaculture industry and freshwater aquaculture industry. The marine aquaculture industry segment was valued at USD 248.2 Mn in 2021 and is expected to expand at a CAGR of 4.5% during the forecast period. The segment growth is attributed to the increasing demand for trawl ropes and nets and the rising volume of marine-based commercial fishing activities.
The growing demand for marine fish species such as swordfish, sailfish, marlin, and tuna is driving the segment. The freshwater aquaculture industry segment is anticipated to register a considerable CAGR in the coming years owing to the practice of raising and breeding aquatic animals for raising and breeding aquatic animals for economic purposes by ponds, lakes, rivers, and other inland waterways.
Why is the Online Segment More Prevalent than the offline Segment?
Heavy discount offers and door-step delivery of products
The online segment is a fast-growing distribution platform, which constituted a market size worth USD 60.53 Mn in 2021 and is expected to expand at a CAGR of 4.7% during the forecast period. The segment growth is attributed to the increasing preference for online purchases of trawl ropes and nets by fishers.
Heavy discount offers and door-step delivery of online products from ecommerce software platforms to buyers are key factors propelling the segment. However, the offline segment is anticipated to register a considerable CAGR during the forecast period owing to the easy availability of a variety of products under one roof and consumers have the advantage to check the quality of products.
Why is the demand for Trawl Ropes and Nets high in Asia Pacific?
The Rapid increase in commercial fishing and growing investments in the market
Asia Pacific dominated the market, accounting for a market valuation of USD 90.5 Mn in 2021, and is projected to register a CAGR of 4.5% during the forecast period. The regional market growth is attributed to the increasing volume of commercial fishing and growing investments from major economies such as China, Japan, South Korea, and India is likely to boost the market growth.
The market in North America is expected to register a considerable CAGR in the coming years due to the increasing demand for seafood products and the rapid growth in the practice of fishing as a leisure activity can increase the demand for trawl ropes and nets in the global market.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Trawl Ropes and Nets Market
- Historical, Current, and Projected Market Size in terms of Value.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints, and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Trawl Ropes and Nets Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trawl Ropes and Nets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Trawl Ropes and Nets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trawl Ropes and Nets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Trawl Ropes and Nets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Trawl Ropes and Nets Market Size & Forecast, 2015-2030
4.5.1 Trawl Ropes and Nets Market Size and Y-o-Y Growth
4.5.2 Trawl Ropes and Nets Market Absolute $ Opportunity
Chapter 5 Global Trawl Ropes and Nets Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Trawl Ropes and Nets Market Size Forecast By Type
5.2.1 Large Size
5.2.2 Medium Size
5.2.3 Other
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Trawl Ropes and Nets Market Analysis and Forecast By Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Application
6.1.2 Basis Point Share (BPS) Analysis By Application
6.1.3 Absolute $ Opportunity Assessment By Application
6.2 Trawl Ropes and Nets Market Size Forecast By Application
6.2.1 Marine Aquaculture Industry
6.2.2 Freshwater Aquaculture Industry
6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Trawl Ropes and Nets Market Analysis and Forecast By Distribution Channel
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Distribution Channel
7.1.2 Basis Point Share (BPS) Analysis By Distribution Channel
7.1.3 Absolute $ Opportunity Assessment By Distribution Channel
7.2 Trawl Ropes and Nets Market Size Forecast By Distribution Channel
7.2.1 Online
7.2.2 Offline
7.3 Market Attractiveness Analysis By Distribution Channel
Chapter 8 Global Trawl Ropes and Nets Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Trawl Ropes and Nets Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Asia Pacific
8.2.4 Latin America
8.2.5 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Trawl Ropes and Nets Analysis and Forecast
10.1 Introduction
10.2 North America Trawl Ropes and Nets Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Trawl Ropes and Nets Market Size Forecast By Type
10.6.1 Large Size
10.6.2 Medium Size
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 North America Trawl Ropes and Nets Market Size Forecast By Application
10.10.1 Marine Aquaculture Industry
10.10.2 Freshwater Aquaculture Industry
10.11 Basis Point Share (BPS) Analysis By Application
10.12 Absolute $ Opportunity Assessment By Application
10.13 Market Attractiveness Analysis By Application
10.14 North America Trawl Ropes and Nets Market Size Forecast By Distribution Channel
10.14.1 Online
10.14.2 Offline
10.15 Basis Point Share (BPS) Analysis By Distribution Channel
10.16 Absolute $ Opportunity Assessment By Distribution Channel
10.17 Market Attractiveness Analysis By Distribution Channel
Chapter 11 Europe Trawl Ropes and Nets Analysis and Forecast
11.1 Introduction
11.2 Europe Trawl Ropes and Nets Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Trawl Ropes and Nets Market Size Forecast By Type
11.6.1 Large Size
11.6.2 Medium Size
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Europe Trawl Ropes and Nets Market Size Forecast By Application
11.10.1 Marine Aquaculture Industry
11.10.2 Freshwater Aquaculture Industry
11.11 Basis Point Share (BPS) Analysis By Application
11.12 Absolute $ Opportunity Assessment By Application
11.13 Market Attractiveness Analysis By Application
11.14 Europe Trawl Ropes and Nets Market Size Forecast By Distribution Channel
11.14.1 Online
11.14.2 Offline
11.15 Basis Point Share (BPS) Analysis By Distribution Channel
11.16 Absolute $ Opportunity Assessment By Distribution Channel
11.17 Market Attractiveness Analysis By Distribution Channel
Chapter 12 Asia Pacific Trawl Ropes and Nets Analysis and Forecast
12.1 Introduction
12.2 Asia Pacific Trawl Ropes and Nets Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 South East Asia (SEA)
12.2.7 Rest of Asia Pacific (APAC)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Asia Pacific Trawl Ropes and Nets Market Size Forecast By Type
12.6.1 Large Size
12.6.2 Medium Size
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Asia Pacific Trawl Ropes and Nets Market Size Forecast By Application
12.10.1 Marine Aquaculture Industry
12.10.2 Freshwater Aquaculture Industry
12.11 Basis Point Share (BPS) Analysis By Application
12.12 Absolute $ Opportunity Assessment By Application
12.13 Market Attractiveness Analysis By Application
12.14 Asia Pacific Trawl Ropes and Nets Market Size Forecast By Distribution Channel
12.14.1 Online
12.14.2 Offline
12.15 Basis Point Share (BPS) Analysis By Distribution Channel
12.16 Absolute $ Opportunity Assessment By Distribution Channel
12.17 Market Attractiveness Analysis By Distribution Channel
Chapter 13 Latin America Trawl Ropes and Nets Analysis and Forecast
13.1 Introduction
13.2 Latin America Trawl Ropes and Nets Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America (LATAM)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Latin America Trawl Ropes and Nets Market Size Forecast By Type
13.6.1 Large Size
13.6.2 Medium Size
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Latin America Trawl Ropes and Nets Market Size Forecast By Application
13.10.1 Marine Aquaculture Industry
13.10.2 Freshwater Aquaculture Industry
13.11 Basis Point Share (BPS) Analysis By Application
13.12 Absolute $ Opportunity Assessment By Application
13.13 Market Attractiveness Analysis By Application
13.14 Latin America Trawl Ropes and Nets Market Size Forecast By Distribution Channel
13.14.1 Online
13.14.2 Offline
13.15 Basis Point Share (BPS) Analysis By Distribution Channel
13.16 Absolute $ Opportunity Assessment By Distribution Channel
13.17 Market Attractiveness Analysis By Distribution Channel
Chapter 14 Middle East & Africa (MEA) Trawl Ropes and Nets Analysis and Forecast
14.1 Introduction
14.2 Middle East & Africa (MEA) Trawl Ropes and Nets Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of Middle East & Africa (MEA)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Middle East & Africa (MEA) Trawl Ropes and Nets Market Size Forecast By Type
14.6.1 Large Size
14.6.2 Medium Size
14.6.3 Other
14.7 Basis Point Share (BPS) Analysis By Type
14.8 Absolute $ Opportunity Assessment By Type
14.9 Market Attractiveness Analysis By Type
14.10 Middle East & Africa (MEA) Trawl Ropes and Nets Market Size Forecast By Application
14.10.1 Marine Aquaculture Industry
14.10.2 Freshwater Aquaculture Industry
14.11 Basis Point Share (BPS) Analysis By Application
14.12 Absolute $ Opportunity Assessment By Application
14.13 Market Attractiveness Analysis By Application
14.14 Middle East & Africa (MEA) Trawl Ropes and Nets Market Size Forecast By Distribution Channel
14.14.1 Online
14.14.2 Offline
14.15 Basis Point Share (BPS) Analysis By Distribution Channel
14.16 Absolute $ Opportunity Assessment By Distribution Channel
14.17 Market Attractiveness Analysis By Distribution Channel
Chapter 15 Competition Landscape
15.1 Trawl Ropes and Nets Market: Competitive Dashboard
15.2 Global Trawl Ropes and Nets Market: Market Share Analysis, 2021
15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.3.1 Avient Corporation
15.3.2 Jaya Nets Sdn. Bhd.
15.3.3 Garware Technical Fibres Ltd.
15.3.4 AKVASERVIS
15.3.5 AS Fiskevegn
15.3.6 Dynamica Ropes
15.3.7 Bridon-Bekaert
15.3.8 Hampidjan Australia
15.3.9 Tufropes Pvt Ltd.
15.3.10 Coastal Nets Limited