The market size volume for made-up fishing nets from twine, cordage, or rope of man-made fibers in Ireland reached 1.6863 million kilograms in 2023. From 2013 to 2023, the market experienced fluctuations, with significant decreases in volume from 2014 to 2015. However, there has been a gradual recovery since 2016, with modest year-on-year growth from 2018 to 2020. In the five-year span leading up to 2023, the compound annual growth rate (CAGR) was 0.43%, indicating a slow but steady improvement in market volume.
Future Trends to Watch For:
- Technological advancements in fishing net materials.
- Increased focus on sustainability and eco-friendly materials.
- Potential regulatory changes affecting the fishing industry.