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Domestic technical textiles Industry Segment-wise consumption of ...

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Scaffolding Nets<br />

Scaffolding netting is a lightweight fabric used to cover a building under construction in order to<br />

improve the safety <strong>of</strong> construction site. It acts as a bi-fold barrier on a building under construction.<br />

The net prevents debris from falling out <strong>of</strong> building and also hides away unsightly work areas giving a<br />

tidier look.<br />

Product characteristics<br />

Scaffolding nets are knitted from High Density Polyethylene (HDPE) UV stabilized mon<strong>of</strong>ilament<br />

yarn. The UV stabilizers added to HDPE develop resistance to UV rays thus, increasing the product<br />

life. Scaffolding nets are available in different weights and shading factors ranging from 50% to 90%.<br />

The ex-factory selling price <strong>of</strong> these nets ranges from Rs. 13 to 16 per square meter depending on the<br />

quality.<br />

Market dynamics and key growth drivers<br />

The demand for scaffolding nets is driven by construction activity in the country. Indian Building<br />

Laws do not stipulate the use <strong>of</strong> scaffolding nets near the construction site. As a result hessian cloth or<br />

tarpaulin is widely used in place <strong>of</strong> these nets. However, industry survey reveals that because <strong>of</strong><br />

awareness about the benefits <strong>of</strong> this product as well as increase in price <strong>of</strong> hessian cloth, the use <strong>of</strong><br />

scaffolding nets has grown at a rate <strong>of</strong> 15-20% over the last two years.<br />

Market size <strong>of</strong> scaffolding nets and future forecast<br />

Based on discussions with the industry experts the market size <strong>of</strong> scaffolding nets is estimated at 4<br />

lakh square meters valued at Rs. 0.6 crore. The demand for scaffolding nets is expected to grow on<br />

account <strong>of</strong> increase in construction activity as well as better market penetration <strong>of</strong> the product. Hence,<br />

the market size <strong>of</strong> scaffolding nets is expected to increase to 8 lakh square meters by 2012-13<br />

(growing at a CAGR <strong>of</strong> around 15% over the next five years). The market potential in 2012-13 is<br />

estimated at Rs. 1.2 crore. No inflationary increase has been assumed for the price <strong>of</strong> the product.<br />

The current and future forecast <strong>of</strong> <strong>consumption</strong> <strong>of</strong> scaffolding nets is given below:-<br />

Market size <strong>of</strong> scaffolding nets 2007-08 2012-13<br />

Quantity 4 lakh sq m 8 lakh sq m<br />

Value Rs. 0.6 crore Rs. 1.2 crore<br />

Source: <strong>Industry</strong> survey, IMaCS Analysis

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