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

Saudi Arabia Nylon Knotted Fishing Net Market Synopsis

Saudi Arabia Nylon Knotted Fishing Net Market is forecast to grow during the period. Increasing demand for fish and shrimp, along with the rising popularity of recreational fishing, are the major factors driving the market growth. In addition, the growing aquaculture industry in the country is anticipated to provide a boost to the market growth. The government initiatives to develop the fisheries sector are also expected to have a positive impact on the market. However, the high cost of raw materials is expected to restraint the market growth to some extent.

According to 6Wresearch, the Saudi Arabia Nylon Knotted Fishing Net Market size is expected to grow during 2022-2028.  Fishing nets made of nylon are strong, durable, and provide good resistance to abrasion and UV radiation. Nylon fishing nets are available in various mesh sizes, knot strength, twine thickness, and colors. They are used for various fishing applications such as shore seine netting, purse seining, trap netting, gillnetting, and cast netting.

Drivers and Trends for the Saudi Arabia Nylon Knotted Fishing Net Market

The Saudi Arabia Nylon Knotted Fishing Net Market revenue is mainly driven by the following factors:

• Increasing demand for fish and seafood: The increasing demand for fish and seafood in Saudi Arabia is one of the key drivers for the Saudi Arabia Nylon Knotted Fishing Net Market Growth. The country has a large population and a growing economy, which has led to an increase in per capita consumption of fish and seafood. This, in turn, has resulted in an increase in the demand for fishing nets to catch fish.
• Growing tourism industry: Another driver of the Saudi Arabia Nylon Knotted Fishing Net Market is the growing tourism industry in the country. The country's beautiful beaches and coastal areas are attracting more tourists from all over the world, which has led to an increase in the demand for fishing nets to meet the needs of these tourists.
• Favourable government policies: The Saudi Arabian government's policies towards promoting fisheries and aquaculture are also driving the growth of the nylon knotted fishing net market. The government is providing financial assistance to fishermen and promoting investment in this sector. This is expected to result in an increase in production of fish and seafood, which will further boost the demand for fishing nets.

Challenges for the Saudi Arabia Nylon Knotted Fishing Net Market

• The fishing industry in Saudi Arabia is currently underdeveloped compared to other industries in the country
• There is a lack of modern technology and equipment used in the industry
• There are no major processing or freezing facilities for fish products in Saudi Arabia
• The majority of fish caught in the country are exported without being processed or frozen, which results in lower prices received for these products

Opportunities in the Saudi Arabia Nylon Knotted Fishing Net Market

• The government is interested in developing the fishing industry and has provided subsidies to encourage growth
• As the demand for fish and seafood products increases, there is potential for expansion of the industry
• Investment in modern technology and equipment could improve efficiency and productivity within the industry
• Processing and freezing facilities would add value to fish products before export, resulting in higher prices received

Market Analysis Based on Product Type

Nylon knotted fishing nets are used in many different types of fishing. There are two main types of nylon knotted fishing nets: depthway and lengthway.

Depthway nets are designed to be used in water that is shallow, typically no more than 20 feet deep. They are usually made with a smaller mesh size to prevent fish from swimming through the net. Lengthway nets are designed for use in deeper water, up to 60 feet deep. They have a larger mesh size to allow fish to swim through the net.

When choosing a nylon knotted fishing net, it is important to consider the type of fish you will be targeting. For example, if you are targeting smaller fish, you will need a net with a smaller mesh size. If you are targeting larger fish, you will need a net with a larger mesh size.

Market Analysis Based on End-User

The Saudi Arabia Nylon Knotted Fishing Net Market is divided between end users who fish for commercial purposes and those who fish for recreational purposes.

Commercial fishing operations in Saudi Arabia generally use large-scale nets that are deployed from boats. These nets can be up to several hundred meters in length and are often made of multiple layers of nylon mesh, with the outermost layer being the heaviest and most durable. The size and number of netting panels vary according to the type of fish being targeted.

Recreational fishing in Saudi Arabia is typically done from the shore, using smaller nets that are not as heavily constructed. These nets are designed to catch smaller fish, such as baitfish or trophy fish. They are typically made of a single layer of nylon mesh and do not require the same level of durability as commercial nets.

Impact of Covid 19 on the Saudi Arabia Nylon Knotted Fishing Net Market

The Global nylon knotted fishing net market is expected to experience a significant impact as a result of the outbreak of COVID-19. The outbreak of the virus has led to a widespread shutdown of businesses and industries across the globe, which is likely to have a negative impact on the demand for nylon knotted fishing nets in Saudi Arabia too. In addition, the rising cost of raw materials is also expected to hamper the growth of the market in Saudi Arabia.

Competitive Landscape for the Saudi Arabia Nylon Knotted Fishing Net Market

The competitive landscape of the Saudi Arabia Nylon Knotted Fishing Net Market share is highly consolidated with the top two players accounting for a significant share. The key players in the market are engaged in intense competition to gain a larger share. Players are investing heavily in research and development to develop innovative products and improve their production efficiency.

Alternatives to the Nylon Knotted Fishing Net

Nylon knotted fishing nets are the most commonly used type of fishing net in Saudi Arabia. However, there are a few alternatives that are also popular among fishermen.

One alternative is the polyethylene terephthalate (PET) fishing net. PET nets are made from a synthetic polymer that is strong and durable. They are often used in saltwater fishing because they can resist corrosion from salt water.

Another alternative to nylon knotted fishing nets is the polypropylene (PP) net. PP nets are made from a thermoplastic polymer that is light weight and strong. They are often used in freshwater fishing because they float on the water surface.

Finally, the polyamide (PA) fishing net is another option for fishermen. PA nets are made from a synthetic fiber that is strong and elastic. They are often used in deep sea fishing because they can withstand high pressures and temperatures.

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

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

Saudi Arabia Nylon Knotted Fishing Net Market: FAQs