Global Fishing Line Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The nylon fishing line is made of nylon raw material, which is colorless, transparent, wear-resistant, soft and elastic. However, this fishing line is harder under low water temperature conditions and will age when it is long.
Market Overview:The latest research study on the global Fishing Line market finds that the global Fishing Line market reached a value of USD 598.65 million in 2022. It’s expected that the market will achieve USD 689.07 million by 2028, exhibiting a CAGR of 2.37% during the forecast period.
Restraints
Although the fishing industry is a relatively important first industry in the society, with the emergence of overfishing, the occurrence of undesirable fishing during the fishing season. The development of fishing has received many restrictions, not only from regional governments but also from society. Fishing activities are limited and will affect the demand for fishing lines.
Due to the low technical content of the fishing line manufacturing, the market entry threshold is low. Many small business products rely on low prices to grab market share, but their quality does not
meet industry standards. Such low-price competition will cause market disorder.
Region Overview:From 2023-2028, Japan is estimated to witness robust growth prospects.
Company Overview:The top three companies are Pure Fishing, Inc., Daiwa Corporation and Sunline with the revenue market share of 8.40%, 5.10% and 4.31% in 2018.
Pure Fishing, Inc. manufactures and sells outdoor and recreational lifestyle products. The company offers fishing tackle, lures, rods and reels, anglers, soft baits, and accessories; waterproof/breathable waders and foul weather gears; and spinner baits, spoons, jigs, and more. It offers its products through a network of retailers and distributors to customers in the United
States and internationally. Pure Fishing, Inc. was formerly known as Outdoor Technologies Group and changed its name to Pure Fishing, Inc. in January 2000. The company was founded in 1937 and is based in Columbia, South Carolina.
Daiwa Corporation manufactures, sells, and distributes tackles for the fishing tackle industry in the United States, Canada, and Central and South America. It offers tackles, reels, rods, travel kits, and pre-mounted combos; lures and saltwater lures; and T-shirts, polo shirts and caps, boat decals, reel covers, fishing tools, and battery packs. The company also provides fluorocarbon and boat braided line weaves; and braided line-green, line-yellow, and multi-color weaves. In addition, it offers accessories, clothing, reels, rods, and European carp specialty products online.
Segmentation Overview:Among different product types, Nylon Fishing Line segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Freshwater Fishing segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Fishing Line market covered in Chapter 3:MAXIMA Fishing Line
FirstDart
Seaguar
Daiwa Corporation
KastKing
Pure Fishing, Inc.
Sunline
Toray
Momoi
FORTUNE
SHIMANO INC
In Chapter 4 and Chapter 14.2, on the basis of types, the Fishing Line market from 2018 to 2029 is primarily split into:Nylon Fishing Line
Carbon Fishing Line
PE Fishing Line
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fishing Line market from 2018 to 2029 covers:Saltwater Fishing
Freshwater Fishing
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)