Global Rural Activities Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

5 May, 2021

The rural activities market consists of sales of rural activities produce by entities (organizations, sole traders and partnerships) that undertake rural activities such as forestry, logging, fishing, hunting, trapping and other forestry services. Timber, finfish, shellfish and cotton are the main outputs produced through rural activities.

Global Rural Activities Market Size And Drivers:

The global rural activities market is expected to grow from $1647.11 billion in 2020 to $1742.97 billion in 2021 at a compound annual growth rate (CAGR) of 5.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2202.59 billion in 2025 at a CAGR of 6%.

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Trends In The Global Rural Activities Market

Drone fishing technology is the new technique that has made fishing easier than the traditional processes. Drone is a flying robot and an unmanned small aircraft with a ground-based controller and system of communication between the two. It is being used for fishing as it can pull single baits out to spots that a person cannot normally reach and move multiple baited hooks to offshore locations. It is highly compatible and portable, requiring only one person to carry all the gear and many remote controls has screens/LCD for better view and fishing photography. For instance, Envirobotics, a New Zealand based company developed custom drones especially for long line fishing. The Splash Drone, developed in Florida, USA is a waterproof fishing drone. Many other companies such as, and TanotisIndia are involved in drone manufacturing for fishing purpose, indicating an increase in the suppliers providing fishing drones and its usage.

Global Rural Activities Market Segments:
The global rural activities market is further segmented based on type and geography.
By Type: Fishing, Hunting And Trapping, Forestry And Logging, Agriculture And Forestry Services
Subsegments Covered: Fishing, Hunting And Trapping, Logging, Timber Tract Operations, Forest Nurseries and Gathering of Forest Products, Crop Production Services, Animal Production Services, Forestry Services
By Geography: The global rural activities market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia Pacific rural activities market accounts for the largest share in the global rural activities market.

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Rural Activities Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides rural activities market overviews, analyzes and forecasts market size and growth for the global rural activities market, rural activities market share, rural activities market players, rural activities market segments and geographies, rural activities market’s leading competitors’ revenues, profiles and market shares. The rural activities market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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