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India Fishing Nets Market- Trend Analysis & Forecasts

Published Nov 18, 2024
Length 122 Pages
SKU # STLE20513386

Description

India Fishing Nets Market Overview:

The India fishing nets market, valued at US$ ** million in 2022 and projected to grow at a CAGR of **% from 2020 to 2030, is expanding steadily with strong domestic demand and rising exports. Growth is fueled by the modernization of the fisheries sector, government support to boost fish production, and innovation in net materials. The market is shifting from traditional handmade nets to machine-made synthetic fiber nets such as nylon and HDPE, known for higher tensile strength, durability, and cost efficiency. Increasing global attention to sustainable fishing gear is further shaping product development.

Primary Areas/ Elements of Research & Analysis

The report provides comprehensive and valuable insights into the supply and demand dynamics of the India fishing nets market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors

Government initiatives like the Pradhan Mantri Matsya Sampada Yojana (PMMSY) aim to raise fish output, boosting the need for high-performance nets. Technological advances in synthetic fiber manufacturing have improved net durability and efficiency, while export demand from Southeast Asia, Africa, and the Middle East continues to rise. The emphasis on sustainable fishing practices and the growing economic appeal of aquaculture are driving product upgrades and expanding market opportunities.

Market Restraints & Challenges

Price fluctuations in key raw materials such as nylon and HDPE impact production costs and profitability. The industry faces environmental regulations to curb overfishing and encourage sustainable practices, which can restrain certain demand segments. Weak infrastructure in rural fishing communities limits access to modern nets, while competition from low-cost Chinese producers challenges India’s export competitiveness.

Market Segmentation

Demand is largely driven by India’s marine and inland fisheries, with synthetic fiber nets replacing traditional options due to better strength and longevity. Domestically, machine-manufactured nets dominate, while exports focus on nylon nets (42% of 2023–24 export value) and other synthetic variants. Usage patterns differ between large-scale commercial fishing and small-scale coastal operations, but the trend overall favors durable, eco-friendly solutions.

Competitive Landscape

The market is fragmented, combining organized manufacturers with unorganized local producers. Key players include Garware Technical Fibres Ltd., K.T. Nets Pvt. Ltd., Arthi Enterprises, Aswan Fish Net, TUFROPES Pvt. Ltd., and Cham Synthetics Pvt. Ltd. Garware Technical Fibres leads with high-performance HDPE and knotless nets engineered for strength, reduced drag, and long-term cost savings. Export-oriented firms dominate international markets, while smaller players serve regional and artisanal fishing needs.

Outlook

India’s fishing nets market is set for sustained growth through 2030, driven by synthetic material innovation, sustainable fishing gear adoption, and expanding fisheries exports. Government incentives and free trade agreements will strengthen India’s role as a global supplier. Future success will depend on modernizing production, improving rural supply chains, and aligning with environmental regulations, while the market gradually shifts toward durable and eco-friendly net solutions to meet global sustainability standards.

Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Nylon Fish Nets, HDPE, and PP/PES)
By Sales (Domestic Consumption and Exports)
• Companies Profiled: The market players include, Garware Technical Fibres Ltd., K.T. Nets Pvt. Ltd., Arthi Enterprises, Aswan Fish Net, TUFROPES Pvt. Ltd., Cham Synthetics Pvt Ltd., and Others.

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Table of Contents

122 Pages
1. Executive Summary
2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Factors and Decision Matrix Analysis
2.5. Limitations & Challenges
3. Product/Market Overview
3.1. India Fishing Industry- An Overviews
3.2. India Aquaculture Ecosystem
3.3. Processing & Grading
3.4. Regulatory Analysis
4. India: Country Profile
5. India Market Growth Factors Analysis
5.1. Drivers and Restraints Analysis
5.2. Challenges and Opportunities Analysis
5.3. India Fishing Nets Market SWOT Analysis
5.4. India Fishing Nets Market PESTEL Analysis
5.5. India Fishing Nets Market Porter's Five Forces analysis
6. India Fishing Nets Market: Supply-Demand Analysis
6.1. Domestic Production of Fishing Nets
6.2. Domestic Demand of Fishing Nets
7. India Fishing Nets Market: Segmentation Analysis
7.1. By Type
7.1.1. Nylon Fish Nets
7.1.2. HDPE
7.1.3. PP/PES
7.2. By Sales
7.2.1. Domestic Sales
7.2.2. Exports/Imports
8. India Fishing Nets Market: Trade (Export & Import) Analysis
8.1. Fishing Nets Export & Import Trend
8.2. Top 10 Export Destinations of India Fishing Net Products
9. Competitive Analysis
9.1. List of Key Companies Supplying Fishing Nets from India
9.2. Key Company Profiles
9.2.1. Garware Technical Fibres Ltd.
9.2.2. K.T. Nets Pvt. Ltd.
9.2.3. Arthi Enterprises
9.2.4. Aswan Fish Net
9.2.5. TUFROPES Pvt. Ltd.
9.2.6. Cham Synthetics Pvt Ltd.
10. Conclusion
11. Appendix
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