Global Monofilament Fishing Line Market Research Report 2020

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 s 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.

Market Analysis and Insights: Global Monofilament Fishing Line Market
The global Monofilament Fishing Line market is valued at 266.7 million US$ in 2020 is expected to reach 337.9 million US$ by the end of 2026, growing at a CAGR of 3.4% during 2021-2026.
Global Monofilament Fishing Line Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Below 0.20 mm
0.20-0.40 mm
0.40-0.80 mm
Above 0.80 mm

Segment by Application
Saltwater Fishing
Freshwater Fishing

Global Monofilament Fishing Line Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Monofilament Fishing Line market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Monofilament Fishing Line Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include PureFishing, Sunline, Sufix International, Toray, SHIMANO INC, DAIWA, Maxima Fishing Line, Momoi, Ultima, Seaguar, FORTUNE, Ande Monofilament, Mercan Fishing Lines, FOX International, Schneider Fishing Lines, FirstDart, Jarvis Walker Pty, etc.