The global Monofilament Fishing Line market was valued at 23.93 Million USD in 2021 and is projected to increase at a CAGR of 3.52% from 2021 to 2027.
Final Report will add the analysis of the impact of COVID-19 on this industry.
Global “Monofilament Fishing Line Market“ report offers insights into the latest growth and trends. It summarizes key aspects of the market, with focus on leading key player’s areas that have witnessed the highest demand, leading regions and applications. It also offers qualitative as well as quantitative information regarding the factors, challenges, and opportunities that will define the growth of the market over 2022-2026, The Report Contain Many Pages With Detailed Analysis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Monofilament fishing line (shortened to just mono) is fishing line made from a single fiber of plastic. Most fishing lines are now monofilament because monofilament fibers are cheap to produce and are produced in a range of diameters which have different tensile strengths.First, for industry structure analysis, the Monofilament Fishing Line industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 29.41 % of the revenue market. Regionally, Europe is the biggest area of revenue, also the leader in the whole Monofilament Fishing Line industry. Second, the sales of Monofilament Fishing Line increased from 7333 million meters in 2013 to 8680 million meters in 2017 with an average growth rate of 4.31%. Third, Europe occupied 33.13% of the sales market in 2017. It is followed by North America and Japan, which respectively account for around 26.67% and 15.99% of the global total industry. Other countries have a smaller amount of sales. Fourth, for price trend analysis, a key variable in the performance of Monofilament Fishing Line producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Fifth, for forecast, the global Monofilament Fishing Line revenue would keep increasing with annual growth rate with 3~6%. We tend to believe that this industry still has a good future, considering the current demand of Monofilament Fishing Line.
Global Monofilament Fishing Line Market: Drivers and Restrains
Monofilament Fishing Line market is split by Type and by Application. For the period 2022-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Top Listed Manufacturers in the Monofilament Fishing Line Market Report are:
- Sufix International
- SHIMANO INC
- Maxima Fishing Line
- Ande Monofilament
- Mercan Fishing Lines
- FOX International
- Schneider Fishing Lines
- Jarvis Walker Pty Ltd
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- Below 0.20 mm
- 0.20-0.40 mm
- 0.40-0.80 mm
- Above 0.80 mm
By the Application, this report covers the following segments
- Saltwater Fishing
- Freshwater Fishing
Market segment by Region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Key Points thoroughly explain the Monofilament Fishing Line market Report:
Chapter 1 Industry Overview
Chapter 2 Global Monofilament Fishing Line Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Monofilament Fishing Line Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 14 Company Profiles and Key Figures in Monofilament Fishing Line Business
Chapter 15 Global Monofilament Fishing Line Market Forecast (2022-2027)
Chapter 16 Conclusions
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