Trawl Ropes and Nets Market Growth Accelerated by Increased Consumer Base
Trawl ropes and nets are important fishing gear used for commercial bottom trawling to catch fish species such as shrimp, prawn, lobsters and crabs. Trawl ropes and nets are manufactured using quality synthetic and natural fibers which offer great strength and durability while trawling in sea waters. Technological advancements have helped produce high strength, yet lightweight trawl ropes and nets that result in better catches. The global Trawl Ropes and Nets Market is estimated to be valued at US$ 359.05 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the Trawl Ropes and Nets Market is accelerated by the increasing consumer base. Rapid urbanization and rising disposable incomes in developing economies have led to greater demand for seafood. This has encouraged commercial fishing activities using trawl nets and ropes. Moreover, ado...