The global market for trawl ropes and nets is expanding as a result of expanding commercial fishing. The production of fisheries and aquaculture worldwide increased from 154 million tons in 2011 to 170.9 million tons in 2016, according to the UN's Food and Agriculture Organization (FAO). The market for trawl ropes and nets is expanding due to the rising demand for seafood. In comparison to the base period of 2014 to 2016, the Food and Agriculture Organization of the United Nations predicts that global fish consumption would rise by 19% by 2026. The market for trawl ropes and nets is anticipated to rise due to the rising demand for seafood from developing nations. The need for trawl ropes and nets is soon expected to increase due to the growing popularity of aquaculture. In the upcoming years, it is anticipated that the industry would grow as more people become aware of the health advantages of eating seafood. Over the next few years, trawl rope and net makers should see an increase in business prospects due to technological developments in fishing gear.
According to Coherent Market Insights, The market for Trawl Ropes And Nets was valued at USD 341.3 million in 2022 and is anticipated to grow to USD 538.7 million by 2031, at a CAGR of 5.20% from 2023 to 2031.
Major Players in the Trawl Ropes And Nets Industry:
1. Koninklijke DSM N.V
The firm was started in 1902 and is based in Heerlen, Netherlands. The business is a provider of ingredients for food, pharmaceuticals, and the life sciences. In 2022, DSM and the privately held Swiss company Firmenich announced their desire to combine forces in a "merger of equals" to become the "DSM-Firmenich" organization.
2. Jaya Nets Sdn. Bhd.,
The company was started in 1985 and is based in Malaysia. Rope, cable, cordage, twine, and other related items are produced by the company.The largest producer of all types of premium synthetic nets, ropes, and twines is Jaya Nets Sdn Bhd.
3. Nitto Seimo Co., Ltd.
The company was founded in 1910 and is located in Japan. Knotless nets are made by NITTO SEIMO CO., LTD. for use in on-land activities including sports and insect swatting as well as coastal fisheries. Additionally, the company distributes equipment and goods for fishing, including ropes, floats, automatic bait dispensers, and many kinds of baits for fish farming.
4. Hampidjan Group
The company was founded in 1934 and is located in Iceland. Ropes, nets, trawls, lifting gear, boarding tugs, tugboats, and schooners are among the fishing supplies offered by Hampidjan. Additionally, they offer services for oil exploration, oil extraction, and fish aquaculture. A producer of fishing gear is Hampidjan.
5. King Chou Marine Technology
The company was started in 1978 and is based in Kaohsiung, Taiwan. The primary business activities of King Chou Marine Technology Co., Ltd. are the production and distribution of nets for marine and land applications. The primary products of the company are fishing nets, aquaculture nets, and camouflage nets for the military, safety nets for building projects, sports nets for baseball and golf courses, and agricultural nets for cultivation activities.
6. Azuka Synthetics LLP
The company was founded in 2008 and is based in Panchkula, Haryana, India. The business produces premium PP and PE ropes in a strictly quality-controlled setting, from yarn extrusion through rope packing.
7. Carlsen Net A/S,
The firm was started in 1984 and is located in Hamburg, Germany. Carlsen Net has extensive expertise creating net for unique uses. Naturally, the quality of the raw materials determines the quality of the completed netting, and Carlsen Net does not cut corners in this area.
*Definition: The trawling method of commercial fishing uses trawl ropes and nets. There are many different sizes and designs of trawl nets and ropes. Trawl nets are fashioned like funnels and are dragged by boats.
