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Fishing iine is a cord or filament that is used for angling in fishing. Compared to any normal string fishing line is stronger and durable. There are certain factors that act as parameter for the appropriate choice of fishing lines like strength, UV resistance, knot strength, stretch, visibility, abrasion resistance and others. They are generally found in two types, braided and mono-filamentous.
Increasing demand for seafood from all over the world is boosting the market growth. Increasing awareness about the nutritional aspects of eating seafood like fish, oysters, squids, and prawns is likely to act as a driving factor. Additionally, the rise in demand for mono-filamentous type of fishing line attributed to its durability, strength and other properties shall drive the market.
However, the fishing lines made of certain polymers are non-degradable. They negatively impact the environment. This is expected to hinder the market growth.
Key Market Driver -
Increasing demand for seafood.
Key Market Restraint -
Negative environmental impact
Based on type, the global fishing line market is segmented into mono-filamentous and braided. Based on raw material, is segmented into polyvinyl chloride, nylon, polyvinylidene fluoride, polyethylene, ultra-high molecular weight polyethylene, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global fishing line market consists of global & regional players operating. Some of the key players in the market include Purefishing, Sufix International, Shimano Inc, Maxima Fishing Line, Ultima, Fortune, Mercan Fishing Lines, Schneider Fishing Lines, Schneider Fishing Lines, Toray, Sunline, Fox International, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe holds the largest share for the fishing line market attributed to the large fishing industry. Additionally, there are many small companies that manufacture fishing lines, rods and angles. North America is expected to show significant growth attributed to the high demand for seafood. Asia is expected to show substantial growth due to the developing fishing industry in Japan, Thailand, Malaysia and other Asian countries. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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