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Pond Liners Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Pond Liners Market
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According to The Business Research Company's, The pond liners market size has grown strongly in recent years. It will grow from $1.72 billion in 2023 to $1.87 billion in 2024 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to growth in aquaculture, rising popularity of garden ponds, environmental regulations, increasing awareness of water management, and enhanced aesthetic preferences.
The pond liners market size is expected to see strong growth in the next few years. It will grow to $2.66 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising urbanization, environmental sustainability, climate change adaptations, rise in wastewater treatment facilities, and continued growth in aquaculture. Major trends in the forecast period include advanced materials, self-healing technology introduction, sensor integration, eco-friendly options, and enhanced UV resistance.
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Market Drivers and Trends:
The rising demand for aquaculture is expected to propel the growth of pond liners market going forward. Aquaculture is farming fish, shellfish, algae, and other aquatic organisms in controlled environments to produce food and other products. The increasing demand for aquaculture is driven by the need for sustainable seafood sources to meet the growing global population and reduce pressure on wild fish stocks. Pond liners in aquaculture are used to create a sealed, durable barrier that prevents water loss, controls algae growth, and maintains optimal water conditions for aquatic organisms. For instance, in June 2024, according to the State of World Fisheries and Aquaculture report by The Food and Agriculture Organization, a US-based specialized agency of the United Nations, global aquaculture production reached an unprecedented 130.9 million tons, of which 94.4 million tons are aquatic animals, 51% of the total aquatic animal production in 2022. Additionally, in March 2024, according to the Department of Agriculture Fisheries and Forestry, an Australia-based governmental department, the nominal value of Australian fisheries and aquaculture production is forecast to rise by 0.5% to $3.56 billion in 2023-2024. Aquaculture's contribution is set to grow from 60% in 2023-2024 to 64% by 2028-29, with its real value reaching $2.21 billion. Therefore, rising demand for aquaculture will drive the growth of the pond liners market.
Major companies operating in the pond liners market are focusing on compatible liner solutions, such as bottom drains, to enhance water management, improve durability, and ensure the efficient operation of aquatic systems. Bottom drains are devices installed at the lowest point of a pond or water feature to efficiently remove debris and sediments, ensuring better water quality and preventing buildup at the bottom. For instance, in April 2024, Deepwater Koi Innovations LLC, a US-based company that specializes in advanced pond and water garden solutions, partnered with Koi Market Aquatic Nursery, a US-based offering comprehensive solutions for pond and water garden enthusiasts, to launch the Kick-Ass Pond Fittings line, a cutting-edge range of pond maintenance products designed to revolutionize pond care. This new line features the innovative kick-ass bottom drain and kick-ass retro bottom drain series, which offer advanced adaptability and optimal performance with adjustable intake heights and a custom air diffuser. The kick-ass bottom drain removes fish waste and debris with its 360-degree pull design and patent-pending no-leak installation. The kick-ass flange INO fitting also provides a versatile solution for liner penetration and various fittings, with a no-leak dual O-ring design for easy installation. Each product is meticulously engineered to enhance functionality and clarity in koi ponds and water gardens.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Carlisle Companies Incorporated, HongXiang New Geo-Material Co. Ltd., Plastika Kritis, Layfield Group Ltd., Seaman Corporation, NAUE GmbH & Co. KG, Solmax International Inc., Emmbi Inc., Reef Industries Inc., Cooley Group, AGRU America Inc., Fabtech Australia Pty Ltd., Stephen's Industries, Western Environmental Liner, Polygomma Industries Pvt. Ltd., Mono Industries, Juta Ltd., Hitech Rubber Industries, Hariom Flexipack Industries, BTL Liners, Gordon Low Products Ltd., ISAN Exim Plastotech Private Limited
Pond Liners Market 2024 Key Insights:
• The pond liners market size is expected to see strong growth in the next few years. It will grow to $2.66 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
• Impact Of Rising Aquaculture Demand On Pond Liners Market Growth
• Advances In Pond Liners Market Focus On Bottom Drains For Enhanced Water Management
• North America was the largest region in the pond liners market in 2023
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