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Fishing Line Research:CAGR of 3.55% during the forecast period

Published: 2024-11-13

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Industry: Consumer Goods

Fishing Line

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report “Fishing Line- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

A fishing line is a flexible, high-tensile cord used in angling to tether and pull in fish, in conjunction with at least one hook. Fishing lines are usually pulled by and stored in a reel, but can also be retrieved by hand, with a fixed attachment to the end of a rod, or via a motor.

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https://www.qyresearch.com/reports/2326700/fishing-line

Fishing Line Market Summary

According to the new market research report "Global Fishing Line Market Report 2023-2029", published by QYResearch, the global Fishing Line market size is projected to grow from USD 685.44 million in 2023 to USD 844.84 million by 2029, at a CAGR of 3.55% during the forecast period.

Global Fishing Line MarketSize(US$ Million), 2018-2029

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Above data is based on report from QYResearch: Global Fishing Line Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

Global Fishing Line Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

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Above data is based on report from QYResearch: Global Fishing Line Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Fishing Line include PureFishing, Toray, Sufix International, Sunline, SHIMANO INC, DAIWA , FirstDart, Momoi, Maxima Fishing Line, Mercan Fishing Lines, etc. In 2022, the global top 10 players had a share approximately 31.0% in terms of revenue.

Fishing Line,Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Fishing Line Market Report 2023-2029.

In terms of product type, Monofilament Fishing Line is the largest segment, hold a share of 49%.

Fishing Line,Global Market Size, Split by ApplicationSegment

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Based on or includes research from QYResearch: Global Fishing Line Market Report 2023-2029.

In terms of product application, Freshwater Fishing is the largest application, hold a share of 86%.

Market Drivers:

Growth in Recreational Fishing: The increasing popularity of recreational fishing is a significant driver for the fishing line market. As more people engage in fishing as a leisure activity, there is a growing demand for high-quality fishing lines that offer durability, strength, and sensitivity.

Technological Advancements: Ongoing advancements in fishing line technologies contribute to increased performance and efficiency. Innovations such as new materials, coatings, and manufacturing techniques enhance the strength, castability, and sensitivity of fishing lines, driving market growth.

Rising Disposable Income: The disposable income levels of consumers play a crucial role in the fishing line market. As disposable income increases, individuals are more willing to invest in premium and specialized fishing lines, boosting the overall market.

Expanding Fishing Industry: The growth of the fishing industry, both commercial and recreational, directly impacts the demand for fishing lines. Commercial fisheries, as well as the expansion of fishing activities in various regions, contribute to the market's positive trajectory.

Restraint:

Environmental Concerns: The production and disposal of fishing lines, especially those made from non-biodegradable materials, contribute to environmental pollution. Abandoned or lost fishing lines can harm marine life, affect ecosystems, and create problems for aquatic environments. As awareness of environmental issues increases, there is a growing demand for sustainable and eco-friendly fishing lines. Manufacturers face challenges in balancing the durability and performance of fishing lines with the need for environmentally responsible materials and manufacturing processes.

Opportunity:

Technological Innovation and Advanced Materials:

There is a growing opportunity for manufacturers to invest in research and development to create fishing lines with advanced materials and innovative technologies. This includes the development of high-performance materials, coatings, and manufacturing processes that enhance the strength, durability, sensitivity, and other performance characteristics of fishing lines.

Nano-technology: Integration of nanotechnology to improve the strength and abrasion resistance of fishing lines.

Hybrid Lines: Developing hybrid fishing lines that combine the benefits of different materials, such as braided and fluorocarbon, to provide anglers with versatile and high-performance options.

Smart Fishing Lines: Integration of sensors or technologies that provide real-time feedback on line tension, underwater conditions, or fish activity.

By incorporating cutting-edge technologies, manufacturers can create fishing lines that offer superior performance and cater to the evolving needs and preferences of anglers. This not only provides a competitive edge in the market but also attracts enthusiasts looking for the latest advancements in fishing gear.

Additionally, marketing these technological innovations effectively can create a strong brand image and attract a customer base seeking top-tier fishing equipment. This opportunity aligns with the trend of continuous improvement and innovation within the recreational fishing industry.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Fishing Line market is segmented as below:

By Company

    PureFishing
    Toray
    Sufix International
    Sunline
    SHIMANO INC
    DAIWA
    FirstDart
    Momoi
    Maxima Fishing Line
    Mercan Fishing Lines
    Cortland Line
    Seaguar
    Seng Chiang (M) Sdn Bhd
    Ultima
    FORTUNE
    Ande Monofilament
    Jarvis Walker Pty Ltd

Segment by Type

    Monofilament Fishing Line
    Braided Fishing Line
    Fluorocarbon Fishing Line

Segment by Application

Freshwater Fishing
Saltwater Fishing

Each chapter of the report provides detailed information for readers to further understand the Fishing Line market:

Chapter 1: Introduces the report scope of the Fishing Line report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Fishing Line manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Fishing Line market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Fishing Line in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Fishing Line in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Fishing Line competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Fishing Line comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Fishing Line market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:

About Us：

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

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