Argentina Nylon Knotted Fishing Net Market (2022-2028) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Argentina Nylon Knotted Fishing Net Market Synopsis

Argentina nylon knotted fishing net market is expected to grow during the forecast period, owing to increasing demand from emerging economies such as China and Brazil. The demand for nylon nets has been increasing due to increasing recreational fishermen expenditure on fishing gears and infrastructure development in emerging economies such as China and India.

According to 6Wresearch, the Argentina Nylon Knotted Fishing Net Market size is expected to grow during 2022-2028. Nylon fishing nets have become an essential tool for anglers across the globe owing to their high tensile strength and toughness. Furthermore, they are resistant to wear and tear, making them a preferred choice for anglers who fish in harsh conditions.

Nylon fishing nets are made up of a number of strands that are tightly knotted together to form a mesh. This type of net is popular because it can capture a large variety of fish, such as tuna, swordfish, and mackerel, without damaging them. In addition, nylon fishing nets are durable and can last for several seasons without requiring repair or maintenance.

Drivers for the Argentina Nylon Knotted Fishing Net Market

The key factors that are anticipated to drive the Argentina Nylon Knotted Fishing Net Market growth include a growing population and the rising demand for seafood products in the country. In addition, increasing investments in infrastructure development, such as ports and airports, are also expected to support the market growth during the forecast period.

This growth can also be attributed to increased awareness about the benefits of using nylon fishing nets among fishermen, coupled with rising production volumes in these countries. This growth is also due to the increasing popularity of this type of fishing net in various regions, such as Europe, Asia Pacific, and North America.

Further, the rising demand for seafood products is one of the key factors driving the market growth. There is growing awareness among consumers about the importance of conserving marine resources, which has led to an increase in demand for sustainable seafood products. In addition, with the increasing trend of eco-friendly coastal living, people are increasingly opting for using nylon knotted fishing nets instead of traditional ones made from fishnets or seine nets.

Additionally, the market for this product is being driven by the increasing demand from the downstream industry owing to its high quality and performance. The increasing awareness about the advantages of nylon fishing nets among consumers is also contributing to the growth of this market.

Challenges for the Argentina Nylon Knotted Fishing Net Market

However, restraining factors that may hamper the Argentina Nylon Knotted Fishing Net Market revenue of this market include rising costs associated with manufacturing and maintaining nylon knotted fishing nets, which could pose a challenge to some players in the market.

Additionally, owing to various challenges such as inadequate infrastructure and lack of awareness about this marketing category, the market is currently less developed than other regional markets such as Brazil and Mexico. This could limit the growth potential of the Argentina nylon knotted fishing net market in the near future.

Lack of awareness about this product category among consumers and limited availability of quality products are some other key restraints hampering the development of this market. Nevertheless, emerging players are striving hard to gain a foothold in this lucrative market and emerge as leading contenders in due course.

Market Analysis based on End User

Over the next few years, the commercial segment is anticipated to register a higher growth rate than that of the recreational segment owing to increased demand from industrial sectors such as agriculture and fish processing. This trend can be attributed to factors such as rising incomes in developed countries, growing population base in developing nations, and increasing investments in infrastructure such as ports & terminals across these regions.

Market Analysis based on Product Type

In the Argentina nylon knotted fishing net market share, product type is segmented into depthway and lengthway. Among these two types, the depthway segment accounts for the major share in terms of revenue, followed by the lengthway segment. This is because nets of this type are more durable and can be used for a longer period of time as compared to lengthway nets.

Impact of COVID-19 on the Argentina Nylon Knotted Fishing Net Market

The COVID-19 pandemic has had a significant impact on the Latin America Nylon Knotted Fishing Net Market. The lockdown measures implemented by the Argentine government in response to the pandemic have led to a sharp decline in demand for nylon knotted fishing nets, as fishmongers and other businesses involved in the fishing industry have been forced to close.

This has resulted in a decrease in revenue for nylon knotted fishing net manufacturers, who are now facing tough decisions regarding production levels and workforce management. In addition, the Argentine peso has depreciated sharply against major currencies since the start of the pandemic, making imported raw materials more expensive and further compounding the challenges faced by manufacturers.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Argentina Nylon Knotted Fishing Net Market Outlook
• Market Size of Argentina Nylon Knotted Fishing Net Market, 2021
• Forecast of Argentina Nylon Knotted Fishing Net Market, 2028
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Revenues & Volume for the Period 2018 - 2028
• Argentina Nylon Knotted Fishing Net Market Trend Evolution
• Argentina Nylon Knotted Fishing Net Market Drivers and Challenges
• Argentina Nylon Knotted Fishing Net Price Trends
• Argentina Nylon Knotted Fishing Net Porter's Five Forces
• Argentina Nylon Knotted Fishing Net Industry Life Cycle
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Market Revenues & Volume By Product Type for the Period 2018 - 2028
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Market Revenues & Volume By Depthway for the Period 2018 - 2028
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Market Revenues & Volume By Lengthway for the Period 2018 - 2028
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Market Revenues & Volume By End User for the Period 2018 - 2028
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Market Revenues & Volume By Individual Application for the Period 2018 - 2028
• Historical Data and Forecast of Argentina Nylon Knotted Fishing Net Market Revenues & Volume By Commercial Application for the Period 2018 - 2028
• Argentina Nylon Knotted Fishing Net Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By End User
• Argentina Nylon Knotted Fishing Net Top Companies Market Share
• Argentina Nylon Knotted Fishing Net Competitive Benchmarking By Technical and Operational Parameters
• Argentina Nylon Knotted Fishing Net Company Profiles
• Argentina Nylon Knotted Fishing Net Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

• Depthway
• Lengthway

By End User

• Individual Application
• Commercial Application

Argentina Nylon Knotted Fishing Net Market: FAQs