FISHING NET AND AQUACULTURE CAGE MARKET ANALYSIS

Market News

Key Developments in Global Fishing Net and Aquaculture Cage Market

• Key players operating in the global fishing net and aquaculture cage market adopting inorganic growth strategies such as new product launch, merger and acquisition in order to expand its product portfolio.
• For instance, in May, 2019, Bubba has launched its new Bubba Fishing net brand in the market. The new Bubba fishing net is PVC coated, knotless nylon netting facilitates cleaning and protects fish from harmful abrasion. With this product company wants to expand its product portfolio in the market.
• In July, 2019, Poseidon Ocean Systems of Campbell River, British Columbia, installed its new cage system design at cermaq Canada’s fortune channel site. The new trident hybrid steel cage system offers a unique design that combines the rectangular or square configuration of standard steel cages with the continuous high-performance polypropylene (HDPE) pipe characteristic of circular pens.