Rise in Use of Packaging of Food Items Drives the Global Extruded Nets Market

 

Common food items such as nuts, sausages, fruits and vegetables, shellfish, and meat products, find suitability for packaging nets. The packaging nets are also being widely used for consumer goods, sports accessories, such as toys and caps.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-extruded-nets-market

Data Bridge Market Research analyses that the Global Extruded Nets Market is expected to grow at a CAGR of 4.3% in the forecast period of 2021 to 2028 and is expected to reach USD 1,273,211.56 thousand by 2028. Increase in the use of extruded nets is escalating the growth of extruded nets market.

Extruded Nets Market

Expansion of Agriculture and Aquaculture Sector is expected to drive the Market's Growth Rate

The rise in demand for food due to the large scale population expansion acts as one of the major factors driving the growth of extruded nets market. Both agriculture and aquaculture industries are growing rapidly with technological innovations and cultivation methods. These nets that are utilized in in agriculture are made from specialized composites. They protect crops from varied growth disruptors such as pests and birds. The extruded nets help in the growth of aquaculture products.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2021 to 2028

Base Year

2020

Historic Years

2019 (Customizable to 2013 - 2018)

Quantitative Units

Revenue in USD Thousands, Volumes in Units, Pricing in USD

Segments Covered

MESH PACK GmbH (Germany), GSH Group. (US), GALLOPLASTIK S.R.L. (Italy), Hellagro (Greece), AVERINOX NL (Netherlands), Maar d.o.o. (Slovenia), Intermas Group (Spain), Norplex Inc (US), EXPO-NET Danmark A/S (Denmark), Industrial Netting (US), Schweitzer-Mauduit International, Inc. (US), ROM PLASTICA srl (Italy), MasterNet LTD (Canada), Min Shen Enterprise Co., Ltd. (Taiwan), and LC Packaging (UK), among other

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA)

Market Players Covered

MESH PACK GmbH (Germany), GSH Group. (US), GALLOPLASTIK S.R.L. (Italy), Hellagro (Greece), AVERINOX NL (Netherlands), Maar d.o.o. (Slovenia), Intermas Group (Spain), Norplex Inc (US), EXPO-NET Danmark A/S (Denmark), Industrial Netting (US), Schweitzer-Mauduit International, Inc. (US), ROM PLASTICA srl (Italy), MasterNet LTD (Canada), Min Shen Enterprise Co., Ltd. (Taiwan), and LC Packaging (UK), among other

Data Points Covered in Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Segment Analysis:

The advanced wound care market is segmented on the basis of materials, configuration, type, mesh, and application.

  • On the basis of material, the global extruded nets market is segmented into polypropylene(PP), linear low density polyethylene (LLDPE), ethyl vinyl acetate (EVA), nylon, thermoplastic elastomer (TPE), thermoplastic polyurethane (TPU), high density polyethylene (HDPE), low density polyethylene (LDPE) and others In 2021, high density poly ethylene (HDPE) segment is expected to dominate the global extruded nets market with a 23.72% market share because in the manufacturing of high density poly ethylene (HDPE) based extruded nets modern technologies are used.

In 2021, the absolute ethanol segment is expected to account for the largest share of type segment in the industrial ethanol market

The square segment holds maximum market share in 2021 because in the square based extruded nets are manufactured through a single-step continuous extrusion process that can hold weight for snow and bird load. The square segment is growing with a CAGR of 4.9% in the forecast period of 2021 to 2028.

  • On the basis of type, the global extruded nets market is segmented into cylindrical, and flat In 2021, flat segment is expected to dominate the global extruded nets market with a 60.77% market share because flat based extruded nets can work in any applications. Also, flat extruded netting offers smooth joints, which help to boost its demand in the forecast year.
  • On the basis of mesh, the global extruded nets market is segmented into enhanced and plain. In 2021, plain segment is expected to dominate the global extruded nets market with a 57.54% market share because plain mesh based extruded nets are huge adoption among the consumers due to its benefits which help to boost its demand in the forecast year.
  • On the basis of application, the global extruded nets market is segmented into food and beverage, packaging, energy, industrial, medical, filtration, agriculture, consumer goods, erosion control, automotive, and others. In 2021, food and beverage is expected to dominate the global extruded nets market with a 21.59% market share because extruded nets are huge adoption in the food and beverages due to their ability to protect and safeguard, which help to boost its demand in the forecast year.

Major Players

Data Bridge Market Research recognizes the following companies as the major corrugated box market players in extruded nets market, MESH PACK GmbH (Germany), GSH Group. (US), GALLOPLASTIK S.R.L. (Italy), Hellagro (Greece), AVERINOX NL (Netherlands), Maar d.o.o. (Slovenia), Intermas Group (Spain), Norplex Inc (US), EXPO-NET Danmark A/S (Denmark), Industrial Netting (US), Schweitzer-Mauduit International, Inc. (US), ROM PLASTICA srl (Italy), MasterNet LTD (Canada), Min Shen Enterprise Co., Ltd. (Taiwan), and LC Packaging (UK), among other.

Extruded Nets Market

Market Developments

  • In April 2021, LC Packaging announced that it will take part in the webinar on corporate responsibility to respect human rights, organized by the Global Compact Network Netherlands and KPMG. The company expects to build corporate connections as well as goodwill by its participation in this conference.
  • In April 2021, GSH Group announced the installation of 837 solar panels, capable of producing 238 KWP at the company's Peterborough road production site. The company expects to reduce its dependency on national power grid and become more self-reliant with this facility expansion

Regional Analysis

Geographically, the countries covered in the extruded nets market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in extruded nets market during the forecast period

Asia-Pacific dominated the extruded nets market owing to the large-scale demand for extruded nets in the agricultural and packaging industries. Asia-Pacific will continue to dominate the extruded nets market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the large consumer base within the region.

North America is estimated to be the fastest growing region in industrial ethanol market

North America is expected to grow during the forecast period of 2021 to 2028 due to huge demand of extruded nets in consumer goods and construction. In addition to this, surge in investments in this region.

COVID-19 Impact Analysis

COVID-19 had a negative impact on various industries including extruded nets market. Both public and government sectors suffered greatly due to the facing financial crises during the outbreak of COVID-19. Businesses were shut down in numerous countries because of the social distancing guidelines and the imposition of lockdown. The extruded nets market adversely affected by due to the low availability of raw materials. The crisis caused disruption in the supply of raw materials that are utilized in the production of corrugated boxes in China and other major manufacturing companies in North America and Europe.

On the brighter side, extruded nets market is expected to witness growth in demand after the post-covid-19 situation owing to the ease on the restrictions and measures. The widespread application in several industries will assist the market in regaining its pace.

For more detailed information about the extruded nets market report, click here – https://www.databridgemarketresearch.com/reports/global-extruded-nets-market