Los Angeles, CA -- (SBWire) -- 10/30/2018 --This report studies the Monofilament Fishing Line market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. 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. The global Monofilament Fishing Line market was 270 million US$ in 2017 and is expected to 370 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Monofilament Fishing Line in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Sufix International
Sunline
PureFishing
Toray
SHIMANO INC
Maxima Fishing Line
Momoi
FORTUNE
Ultima
Seaguar
By the product type, the market is primarily split into
Blow 0.20 mm
0.20-0.40 mm
0.40-0.80 mm
Above 0.80 mm
By the end users/application, this report covers the following segments
Freshwater Fishing
Saltwater Fishing
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Monofilament Fishing Line Market Is Supposed to Grow at a CAGR of 3.8% Between 2018 and 2025 - QYR
The Monofilament Fishing Line Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.