Fishing Gear Net Market size is estimated to be USD 6.5 Billion in 2024 and is expected to reach USD 9.2 Billion by 2033 at a CAGR of 4.5% from 2026 to 2033.
The global Fishing Gear Net Market was valued at approximately USD 1.12 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. The markets expansion is driven by the increasing demand for sustainable fishing practices, advancements in netting materials, and the rising global consumption of seafood. Technological innovations in gear design, such as eco friendly and durable nets, are further enhancing product adoption across commercial and recreational fishing sectors. Demand from commercial deep sea fishing activities and coastal aquaculture operations continues to rise, supporting growth in developing regions with strong marine economies.
Regionally, Asia Pacific dominated the market in 2022, accounting for over 42% of the total revenue share, driven by high fish production in countries such as China, India, Vietnam, and Indonesia. North America held the second largest share, backed by a strong recreational fishing culture and government initiatives promoting sustainable fishing gear. Europe followed closely, with emphasis on marine conservation and stringent fishing regulations supporting the shift toward innovative net technologies. Latin America and the Middle East & Africa are emerging as high potential regions, owing to expanding aquaculture industries and increased investment in local fisheries. Opportunities exist in the development of biodegradable fishing nets, integration of smart sensor technologies for catch monitoring, and increasing adoption of selective fishing gear to reduce bycatch, particularly in regulated fishing zones across North America and the European Union.
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Newell (Jarden Corporation)
Shimano
Rapala VMC Corporation
Weihai Guangwei Group
Dongmi Fishing
RYOBI
Pokee Fishing
Cabela's Inc.
Eagle Claw
Humminbird
St. Croix Rods
Gamakatsu
Tica Fishing
Tiemco
Preston Innovations
Beilun Haibo
AFTCO Mfg.
O.Mustad & Son
Okuma Fishing
Barfilon Fishing
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fishing Gear Net Market
Cast Nets
Gill Nets
Landing Nets
Seine Nets
Trammel Nets
Dip Nets
Nylon
Polyester
Monofilament
Multifilament
Natural Fibers
Freshwater Fishing
Saltwater Fishing
Brackish Water Fishing
Ice Fishing
Aquaculture
Freshwater Species
Saltwater Species
Recreational Species
Commercial Species
Invasive Species
Professional Commercial Fishing
Recreational Fishing
Artisanal Fishing
Competitive Fishing
Conservation Efforts
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fishing Gear Net Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fishing Gear Net Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fishing Gear Net Market, By Type
6. Global Fishing Gear Net Market, By Application
7. Global Fishing Gear Net Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fishing Gear Net Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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