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India Fishing Devices Market

India Fishing Devices Market

  • Published on : 06 October 2024
  • Pages :205
  • Report Code:SMR-8010409

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Report overview

India Fishing Devices market size was valued at US$ 287.3 million in 2024 and is projected to reach US$ 412.6 million by 2030, at a CAGR of 6.2% during the forecast period 2024-2030. Equipment and tools used for recreational and commercial fishing, including rods, reels, lures, and electronic fish finders. The Indian Fishing Devices market is showing steady growth, driven by the country's vast coastline, numerous inland water bodies, and a long tradition of fishing. Key players include domestic manufacturers like Shimano India and international brands such as Daiwa and Penn. The market benefits from both the commercial fishing industry and a growing interest in recreational fishing. In 2024, the recreational fishing segment accounted for 30% of the total fishing devices market in India. The industry is seeing increased adoption of advanced technologies like GPS-enabled fish finders and electric reels. There's growing demand for high-quality, durable fishing equipment among serious anglers and fishing enthusiasts. Manufacturers are focusing on developing fishing devices tailored to specific Indian fishing conditions and target species. The market is benefiting from government initiatives to promote sustainable fishing practices and develop sport fishing tourism. Challenges include the need to balance traditional fishing methods with modern equipment and concerns about overfishing. As India's economy grows and leisure activities diversify, the Fishing Devices market is expected to see continued expansion, particularly in the recreational and sport fishing segments. The market's future will be shaped by technological advancements in fishing equipment, conservation efforts, and the potential for growth in India's marine tourism sector.

This report contains market size and forecasts of Fishing Devices in India, including the following market information:
•    India Fishing Devices Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    India Fishing Devices Market Sales, 2019-2024, 2024-2030,
•    India Top five Fishing Devices companies in 2023 (%)

Report Includes

This report presents an overview of India market for Fishing Devices , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Fishing Devices sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Fishing Devices market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Rods, Reels and Components
•    Line, Leaders
•    Lures, Files, Baits
•    Terminal Tackle
•    Others

Segment by Applications

•    Freshwater Fishing
•    Saltwater Fishing

Key Companies covered in this report:

•    Sharp Fishing Gear Company
•    India Nets and Fishes Ltd.
•    Fish Tech India
•    Indian Angler Outfitter
•    Supreme Aquatic Supplies
•    Marine Hub India
•    Fisherman