Market Forecast By Type (Gill Net, Cast Net, Hoop Net, Others), By Distribution Channel (Offline, Online), By End-User (Commercial, Household) And Competitive Landscape
Product Code: ETC229704 | Publication Date: Aug 2023 | Updated Date: May 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Fishing Nets Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 1.76% in 2025, growth builds up to 2.87% by 2029.
Report Name | India Fishing Nets Market |
Forecast period | 2025-2031 |
CAGR | 2.87% |
Growing Sector | Commercial |
The India Fishing Nets Market report comprehensively covers the market by type, distribution channel, and end-user industries. It offers an unbiased analysis of current trends, growth opportunities, challenges, and key drivers shaping the Indian fishing nets market. The report helps stakeholders align strategies with the evolving dynamics and untapped potential of the market.
Fishing nets market in India persist in seeing demand considering its large shoreline and the wide involvement in fishing related work. Fishing nets are an absolute necessity for both India’s commercial fishing as well as the artisanal and household fishing, which provides millions of people with income. The increased application of durable and environment-friendly materials such as biodegradable nets to a considerable extent indicates fishing industry’s serious desire to be sustainable. Moreover, high online sales have improved access of fishing gears country wide. Still, affordability concerns and lack of knowledge of modern fishing techniques are problems. The fishing nets market is likely to continue growing due to the commitment of India’s government in sustainable fishery and aquaculture initiatives.
The India Fishing Nets Market size is expected to grow at a significant CAGR of 2.87% during the forecast period 2025-2031. The India Fishing Nets Market is being driven by several factors, including rapid modernization in the fishing industry and increased government focus on sustainable fisheries. To increase catch rates, without increasing waste, new materials must be stronger and lighter. Moreover, the improvements made in India’s e-commerce network have ensured that the fishing equipment is accessible and affordable thus enabling it reach even remote areas. Increased aqua-cult growth being combined with the expansion of seafood exports results in a greater demand for more superior fishing nets. Economic development between the government and coastal communities, underpinned by policies for responsible fishing, acts as a major role in increasing the India Fishing Nets Market growth.
The India Fishing Nets Market encounters numerous challenges, including environmental concerns regarding plastic pollution from discarded nets and insufficient education on sustainable fishing techniques. Other issues include high import duties on advanced equipment and the lack of affordable biodegradable net options available for smaller players. Furthermore, over-fishing and regulatory restrictions on certain types of fishing activities result in fluctuating market demand. Addressing these concerns will require collaboration among policymakers, manufacturers, and fishing communities. Despite these impediments, the market shows promise as it adapts to modernized, eco-friendly practices with a focus on balancing economic growth and sustainability.
The adoption of modern technologies and environmentally friendly strategies is transforming the India Fishing Nets Market. One pivotal trend includes the shift toward biodegradable fishing nets, reducing the environmental impact of discarded gear. Additionally, the integration of smart technology to design optimized fishing nets tailored for specific catch sizes is gaining popularity. Consumer behavior also highlights an inclination toward purchasing such nets via digital platforms, which are increasingly offering tailored and innovative solutions. Furthermore, the "click-and-collect" systems and increased focus on a seamless shopping experience through hybrid sales strategies underline the evolving purchasing trends within this market segment.
The India Fishing Nets Market offers substantial investment opportunities in various areas. Expanding the production capacity for eco-friendly nets presents a key growth avenue, driven by the shift towards sustainable fishing practices. Investments in developing advanced, lightweight, and durable fishing nets tailored for commercial and household uses can address rising demand. Additionally, upgrading distribution networks, including online and offline channels, provides scope for market penetration even in remote areas. Companies venturing into localized manufacturing or creating affordable products for small-scale fishermen stand to benefit significantly. Infrastructure improvements, particularly in coastal logistics and storage facilities for fishing equipment, also provide promising returns.
Prominent companies in the India Fishing Nets Market share include Garware Technical Fibers Ltd., Super Nets, and King Chou Marine Technology Co. Garware Technical Fibers Ltd. is renowned for its durable and environmentally sustainable products. Super Nets specializes in affordable and versatile nets catering to household and commercial customers alike. King Chou Marine Technology Co. focuses on creating advanced fishing technologies that enhance efficiency and sustainability, strengthening its global footprint. These companies contribute significantly to market development through innovation and product quality excellence.
India has introduced several government initiatives and policies to foster the growth of the fishing nets market. The Blue Revolution scheme emphasizes sustainable aquaculture, indirectly increasing the demand for eco-friendly nets. Meanwhile, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) provides subsidies and financial assistance to fishing communities, facilitating the purchase of modern nets and equipment. Additionally, state governments have implemented regulations to curtail overfishing and promote the use of biodegradable fishing nets, aligning with environmental conservation goals. These policies collectively aim to advance sustainable fisheries while ensuring economic stability for those within the sector.
The India Fishing Nets industry is projected to grow significantly as sustainability and technological innovation drive its evolution. Advances in material science are expected to bolster the production of biodegradable fishing nets, mitigating plastic waste in marine ecosystems. Digital platforms will continue to dominate distribution, supported by increasing internet penetration in rural areas. The push toward aquaculture will escalate the need for advanced nets tailored for specific farming requirements. However, overcoming regulatory and economic challenges will be fundamental to achieving holistic growth. With enhanced awareness and adoption of sustainable practices, the fishing nets market in India is set to thrive in the coming years.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Analyst, 6wresearch, among the types of fishing nets in the India market, gill nets are experiencing the most significant growth. The demand for gill nets is driven by their effectiveness in trapping fish of specific sizes, making them a popular choice among commercial fishers.
Offline channels are witnessing robust growth in the India fishing nets market, primarily due to the strong presence of traditional fishing gear suppliers in rural and coastal areas where the fishing community is concentrated. Fishermen often prefer offline channels for purchasing nets as they can physically examine and ensure the quality of the products.
Within the end-user segment, the commercial category is growing at the fastest rate. The rapid expansion of marine and inland fishing industries across India is fueling the demand for high-quality and durable fishing nets. Commercial fishers rely on advanced tools such as sturdy and efficient nets to maximize their catch and ensure cost-effective operations.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fishing Nets Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fishing Nets Market Revenues & Volume, 2021 & 2031F |
3.3 India Fishing Nets Market - Industry Life Cycle |
3.4 India Fishing Nets Market - Porter's Five Forces |
3.5 India Fishing Nets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Fishing Nets Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 India Fishing Nets Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Fishing Nets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Fishing Nets Market Trends |
6 India Fishing Nets Market, By Types |
6.1 India Fishing Nets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Fishing Nets Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Fishing Nets Market Revenues & Volume, By Gill Net, 2021-2031F |
6.1.4 India Fishing Nets Market Revenues & Volume, By Cast Net, 2021-2031F |
6.1.5 India Fishing Nets Market Revenues & Volume, By Hoop Net, 2021-2031F |
6.1.6 India Fishing Nets Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Fishing Nets Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Fishing Nets Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 India Fishing Nets Market Revenues & Volume, By Online, 2021-2031F |
6.3 India Fishing Nets Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 India Fishing Nets Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 India Fishing Nets Market Revenues & Volume, By Household, 2021-2031F |
7 India Fishing Nets Market Import-Export Trade Statistics |
7.1 India Fishing Nets Market Export to Major Countries |
7.2 India Fishing Nets Market Imports from Major Countries |
8 India Fishing Nets Market Key Performance Indicators |
9 India Fishing Nets Market - Opportunity Assessment |
9.1 India Fishing Nets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Fishing Nets Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 India Fishing Nets Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Fishing Nets Market - Competitive Landscape |
10.1 India Fishing Nets Market Revenue Share, By Companies, 2024 |
10.2 India Fishing Nets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |