India Aquarium Fish Market (2025-2031) Outlook | Growth, Share, Revenue, Industry, Analysis, Value, Companies, Size, Forecast & Trends

India Aquarium Fish Market Synopsis

The aquarium fish market in India is estimated to be worth around INR 15 crore annually according to estimates from 2024-2017 period. The demand for ornamental fishes has been increasing steadily year on year as more Indias are setting up home aquariums or buying them as decorative pieces for their living spaces. The sales are further driven by increased interest amongst children who take part in competitions involving exotic species such as guppies and mollies which can fetch good prices when sold off later on after growing them out successfully.

Market Drivers of the market

The aquarium fish market in India has seen a steady rise in popularity. The growing interest in ornamental fishkeeping as a hobby has driven demand for various exotic and colorful fish species. Additionally, the rise in the number of commercial aquariums and public displays has contributed to the demand for unique and attractive fish varieties. The easy availability of fishkeeping equipment and accessories has also facilitated the growth of this market.

Challenges of the Market

The India Aquarium Fish market is vibrant, catering to hobbyists and enthusiasts. However, it encounters challenges related to species conservation and illegal trade. Some aquarium fish species are at risk due to over-harvesting from the wild or destructive collection methods. The lack of awareness among consumers about the impact of buying certain species further complicates conservation efforts. The market also faces challenges in maintaining high water quality and ensuring the welfare of the fish throughout the distribution chain. Additionally, the rise of e-commerce in the aquarium fish trade raises concerns about the proper handling and transportation of live animals.

Covid-19 Impact on the Market

The aquarium fish market in India has been steadily growing, fueled by an increasing interest in ornamental fishkeeping and the rise in disposable income among the middle-class population. Aquarium fish trade has emerged as a lucrative business in the country, with a diverse range of exotic and indigenous species being traded. However, the COVID-19 pandemic disrupted the industry. The closure of pet shops and restrictions on transportation impacted the distribution and sales of aquarium fish. As the situation improves, the market is expected to bounce back, driven by the growing pet culture in India and the rising popularity of aquarium hobbyists.

Key Players of the Market

The India Aquarium Fish market encompasses a range of local fish breeders, suppliers, and retailers. Notable players include companies like Aquatic World and LiveFishIndia, along with local fish enthusiasts and breeders who contribute to the vibrant aquarium fish trade across the country.

Key Highlights of the Report:

• India Aquarium Fish Market Outlook
• Market Size of India Aquarium Fish Market, 2024
• Forecast of India Aquarium Fish Market, 2031
• Historical Data and Forecast of India Aquarium Fish Revenues & Volume for the Period 2021-2031
• India Aquarium Fish Market Trend Evolution
• India Aquarium Fish Market Drivers and Challenges
• India Aquarium Fish Price Trends
• India Aquarium Fish Porter's Five Forces
• India Aquarium Fish Industry Life Cycle
• Historical Data and Forecast of India Aquarium Fish Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of India Aquarium Fish Market Revenues & Volume By Freshwater Fish for the Period 2021-2031
• Historical Data and Forecast of India Aquarium Fish Market Revenues & Volume By Saltwater Fish for the Period 2021-2031
• Historical Data and Forecast of India Aquarium Fish Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Aquarium Fish Market Revenues & Volume By Commercial Aquarium for the Period 2021-2031
• Historical Data and Forecast of India Aquarium Fish Market Revenues & Volume By Home Aquarium for the Period 2021-2031
• India Aquarium Fish Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• India Aquarium Fish Top Companies Market Share
• India Aquarium Fish Competitive Benchmarking By Technical and Operational Parameters
• India Aquarium Fish Company Profiles
• India Aquarium Fish Key Strategic Recommendations