Global Rope Market 2024-2028
The rope market is forecasted to grow by USD 4193.7 mn during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the rope market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investment in infrastructure, increase in demand from oil and gas industry, and excellent properties of synthetic rope.
Technavio's rope market is segmented as below:
By Product
- Steel wire
- Synthetic
- Cotton
- Others
By End-user
- Industrial
- Commercial
- Residential
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies new product launches as one of the prime reasons driving the rope market growth during the next few years. Also, increased demand from shipping industry and favorable characteristics of product will lead to sizable demand in the market.
The report on the rope market covers the following areas:
- Rope market sizing
- Rope market forecast
- Rope market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rope market vendors that include BRIDON INTERNATIONAL GmbH, Cortland Ltd., CSR Inc., Donaghys Ltd., English Braids Ltd., Erin Rope Corp., Gottifredi Maffioli Srl, Hampidjan Group, Katradis Marine Ropes Ind SA, Marlow Ropes Ltd., Novatec Braids Ltd., ROPENET, Samson Rope Technologies Inc., Southern Ropes, Teufelberger Holding AG, Touwfabriek Langman B.V., Usha Martin Ltd., van Beelen Group BV, WireCo, and Yale Cordage Inc.. Also, the rope market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.