Product Code: ETC229710 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Fishing Nets Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 15.43% in 2027, following an initial rate of 13.76%, before easing to 13.13% at the end of the period.
By 2027, the Fishing Nets market in Vietnam is anticipated to reach a growth rate of 15.43%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The fishing nets market in Vietnam provides a wide range of fishing nets used for commercial and recreational fishing activities. Fishing nets are vital tools for catching fish in large quantities or for specific purposes, such as trapping or seining. They are integral to the fishing industry and support the livelihoods of fishermen in Vietnam by offering efficient and reliable solutions for aquatic harvesting.
The growth of the Vietnam fishing nets market is propelled by the expansion of commercial and artisanal fishing activities, the need for durable and efficient fishing gear, and the focus on sustainable fishing practices. Fishing nets play a crucial role in harvesting fish and other aquatic organisms. The market benefits from the significance of fisheries in Vietnam economy, the demand for high-quality fishing nets, and the adoption of responsible fishing techniques. Manufacturers produce fishing nets designed for different fishing methods, contributing to the market`s growth.
In the Vietnam fishing nets market, challenges revolve around competition, the demand for durability, and environmental sustainability. Fishing nets are essential for the country`s fishing industry, but competition among net manufacturers is fierce. Additionally, consumers expect fishing nets to be durable and environmentally friendly. Manufacturers must invest in research and development to offer durable and sustainable net options while addressing environmental concerns and promoting responsible fishing practices.
The Vietnam fishing nets market experienced changes in consumer behavior and outdoor activities during the COVID-19 pandemic. With restrictions on travel and limited entertainment options, there was an increased interest in fishing as a recreational activity. The demand for fishing nets and accessories surged as anglers explored local fishing opportunities. Manufacturers adapted by offering a variety of net designs and catering to different fishing styles. Despite challenges posed by the pandemic, the market remained dynamic and adjusted to meet the evolving preferences of outdoor enthusiasts and anglers seeking leisure activities.
In the Vietnam fishing nets market, key players encompass domestic manufacturers of fishing nets and international suppliers of fishing gear and equipment. Domestic manufacturers like Ngoc Anh Fishing Net Company produce and supply a variety of fishing nets to meet the needs of fishermen in Vietnam. Additionally, international fishing gear suppliers offer fishing nets as part of their product offerings in the Vietnamese market, supporting the fishing industry and aquaculture activities.
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 Vietnam Fishing Nets Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Fishing Nets Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Fishing Nets Market - Industry Life Cycle |
3.4 Vietnam Fishing Nets Market - Porter's Five Forces |
3.5 Vietnam Fishing Nets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Fishing Nets Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Vietnam Fishing Nets Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Vietnam Fishing Nets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for seafood in the global market, leading to higher demand for fishing nets in Vietnam. |
4.2.2 Government initiatives to promote and support the fishing industry in Vietnam. |
4.2.3 Technological advancements in fishing net materials and designs, driving the adoption of newer and more efficient fishing nets. |
4.3 Market Restraints |
4.3.1 Environmental concerns related to the impact of fishing nets on marine ecosystems, leading to stricter regulations. |
4.3.2 Fluctuating raw material prices affecting the cost of production for fishing nets in Vietnam. |
5 Vietnam Fishing Nets Market Trends |
6 Vietnam Fishing Nets Market, By Types |
6.1 Vietnam Fishing Nets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Fishing Nets Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Fishing Nets Market Revenues & Volume, By Gill Net, 2021-2031F |
6.1.4 Vietnam Fishing Nets Market Revenues & Volume, By Cast Net, 2021-2031F |
6.1.5 Vietnam Fishing Nets Market Revenues & Volume, By Hoop Net, 2021-2031F |
6.1.6 Vietnam Fishing Nets Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Fishing Nets Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Fishing Nets Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Vietnam Fishing Nets Market Revenues & Volume, By Online, 2021-2031F |
6.3 Vietnam Fishing Nets Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Fishing Nets Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Vietnam Fishing Nets Market Revenues & Volume, By Household, 2021-2031F |
7 Vietnam Fishing Nets Market Import-Export Trade Statistics |
7.1 Vietnam Fishing Nets Market Export to Major Countries |
7.2 Vietnam Fishing Nets Market Imports from Major Countries |
8 Vietnam Fishing Nets Market Key Performance Indicators |
8.1 Percentage of fishing net manufacturers in Vietnam adopting sustainable and eco-friendly materials. |
8.2 Rate of technological adoption in fishing net manufacturing processes. |
8.3 Number of government policies and initiatives supporting the fishing nets industry in Vietnam. |
9 Vietnam Fishing Nets Market - Opportunity Assessment |
9.1 Vietnam Fishing Nets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Fishing Nets Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Vietnam Fishing Nets Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Vietnam Fishing Nets Market - Competitive Landscape |
10.1 Vietnam Fishing Nets Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Fishing Nets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |