Trawl Ropes and Nets1

Trawl Ropes and Nets Market – Size, Share, Outlook,
and Opportunity Analysis, 2015 - 2026
Trawl ropes and nets are used for commercial fishing using trawling method. Trawl
nets and ropes are available in variety of styles and sizes.
Trawl net is a funnel shaped net that are towed by vessels. It is commonly used for
catching demersal and pelagic species of fish. According to Fisheries and
Aquaculture Department, trawl nets are mainly used for seawater fisheries and
seldom in freshwater. Trawl net is used in freshwater fishing in conditions where
sufficient space for towing is available.
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Market Dynamics
Growing commercial fishing is driving growth of the global trawl ropes and nets
market. According to Food and Agriculture Organization (FAO) of the United Nations
(UN), world fisheries and aquaculture production was 154 million tons in 2011, which
increased to 170.9 million tons in 2016.
Increasing demand for seafood is fuelling growth of the global trawl ropes and nets
market. According to Food and Agriculture Organization of the United Nations, global
fish consumption is expected to increase by 19% by 2026, as compared to base
period of 2014 to 2016.
Using trawling as a method of fishing deeply impacts environment including
damages to habitat, coral shattering, and removal of seaweed, which in turn is
hindering growth of the global trawl ropes and nets market. Furthermore,
government regulations on trawl fishery is also hindering growth of this market. For
instance, 50 CFR 660.130 in the U.S. regulates trawl fishery and trawl gear including
limitations on fishery harvest and mesh size of trawl nets.
Trawl Ropes and Nets Market Outlook
North America held significant market share in 2017, in the global trawl ropes and
nets market. The U.S. held the largest market share in the North America trawl
ropes and nets market in 2017, and is expected to retain its dominance during the
forecast period (2019-2026). According to the National Oceanic and Atmospheric
Administration, commercial and recreational fishing generated US$ 208 billion in
sales and contributed US$ 97 billion to gross domestic product in the U.S.
Asia Pacific is expected to be the fastest growing trawl ropes and nets market
during the forecast period (2019-2026). China, India, Japan, and
ASEAN
held
significant market share in the Asia Pacific trawl ropes and nets market in 2017.
According to FAO, China was the largest producer of marine fisheries and average
marine capture of fisheries in the country was 13.19 tons during 2005 to 2014.
Indonesia was the largest producer of marine fisheries and average marine capture
of fisheries was 5.07 tons during 2005 to 2014.
Key Players
● Key players operating in the global trawl ropes and nets market include
Koninklijke DSM N.V., Jaya Nets Sdn. Bhd., Nitto Seimo Co., Ltd.,
Hampidjan Group, King Chou Marine Technology, Azuka Synthetics LLP,
LFS Inc., and Carlsen Net A/S, among others.
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The research report on Trawl Ropes and Nets Market is segmented by Product Type, and by Application – Size, Share, Outlook, and Opportunity Analysis, 2015 - 2026

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