Product Code: ETC088427 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia fishing line market is a rapidly growing and increasingly competitive market. The country has abundant natural resources which makes it a leading player in the global fishing industry. It provides access to both fresh and saltwater resources, making it suitable for various types of fishing such as bottom trawling, handline, trolling and many more. Furthermore, Indonesia also possesses numerous islands that offer great potential for marine tourism development as well as diverse species of fish. This provides ample opportunities for fishermen in this region to gain an advantage over other countries in terms of quality products and services.
Recent trends show that the demand for high-quality monofilament lines is increasing due to their superior durability and strength compared to traditional braided lines. Monofilament lines are used widely by Indonesia fishermen because they provide higher resistance against abrasion from rocks or other objects found underwater while also providing increased sensitivity when detecting bites on lures or baitfish rigs. Furthermore, technologically advanced fluorocarbon lines are becoming increasingly popular among local anglers due to its excellent knot strength and invisibility underwater which helps reduce spooking off wary prey like bass or trout fishes.
The main drivers behind the growth of the Indonesia fishing line market include improved infrastructure, availability of raw materials at lower prices due to large reserves within Indonesia itself, government support through subsidies and tax exemptions along with promotional campaigns targeting consumers directly via media channels such as television ads or newspaper articles etc., plus easier access thanks to online sales platforms like Lazada & Shopee etc.. These factors have all contributed towards making this industry even more attractive than before thus driving up demand significantly over recent years despite changes brought on by COVID-19 pandemic scenarios across these regions too.
COVID-19 has certainly had an impact on the fishing line industries throughout Indonesia with some companies seeing significant declines in orders delaying production plans while others saw increases depending primarily upon where their targeted customers were located geographically speaking relative distances away from major cities affected moreso than rural areas less impacted overall during these times frames here too then? For instance; one company reported having difficulties sourcing raw materials (specifically nylon) due to reduced international shipments coming into Jakarta port but was able manage production quickly once those issues got resolved eventually yielding better results later on down road instead so far.
Growing Demand from the Recreational Angling Sector: The recreational angling sector is a growing force in the Indonesia fishing line market, with more and more people taking up this activity as a leisure time pursuit. This has resulted in an increased demand for fishing lines of different varieties that can cater to their requirements.
Major players operating within the Indonesia Fishing Line Market include Shimano Inc., Daiwa Corporation, KastKing USA Ltd., Mustad & Son ASA, Sunline Co., Ltd., Berkley Fishing Products LLC, Power Pro USA Inc., Maxima Fishing Lines International Ltd., Pure Fishing Incorporated and Spider Wire Canada Inc..
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Fishing Line Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Fishing Line Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Fishing Line Market - Industry Life Cycle |
3.4 Indonesia Fishing Line Market - Porter's Five Forces |
3.5 Indonesia Fishing Line Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.6 Indonesia Fishing Line Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Indonesia Fishing Line Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Fishing Line Market Trends |
6 Indonesia Fishing Line Market, By Types |
6.1 Indonesia Fishing Line Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Fishing Line Market Revenues & Volume, By Product Type, 2018 - 2027F |
6.1.3 Indonesia Fishing Line Market Revenues & Volume, By Nylon Fishing Line, 2018 - 2027F |
6.1.4 Indonesia Fishing Line Market Revenues & Volume, By Carbon Fishing Line, 2018 - 2027F |
6.1.5 Indonesia Fishing Line Market Revenues & Volume, By PE Fishing Line, 2018 - 2027F |
6.1.6 Indonesia Fishing Line Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Indonesia Fishing Line Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Fishing Line Market Revenues & Volume, By River Fishing, 2018 - 2027F |
6.2.3 Indonesia Fishing Line Market Revenues & Volume, By Ocean Fishing, 2018 - 2027F |
6.2.4 Indonesia Fishing Line Market Revenues & Volume, By Others, 2018 - 2027F |
7 Indonesia Fishing Line Market Import-Export Trade Statistics |
7.1 Indonesia Fishing Line Market Export to Major Countries |
7.2 Indonesia Fishing Line Market Imports from Major Countries |
8 Indonesia Fishing Line Market Key Performance Indicators |
9 Indonesia Fishing Line Market - Opportunity Assessment |
9.1 Indonesia Fishing Line Market Opportunity Assessment, By Product Type, 2020 & 2027F |
9.2 Indonesia Fishing Line Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Indonesia Fishing Line Market - Competitive Landscape |
10.1 Indonesia Fishing Line Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Fishing Line Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |