Cordage and Twine: Introduction

  • Cordage and twine are types of strings used to make ropes and cables by binding together different material. Twine consists of several pieces of single strands of material, while cordage consists of several multi-piled materials. Cordage and twines are available in different materials such as natural fiber, synthetic, and used for various applications in diverse industries such as mining, oil & gas, construction, marine, entertainment, defense & aerospace, etc.
  • Increasing industrialization and construction activities is expected to drive the global cordage and twines market during the forecast period

Key Drivers and Opportunities of Global Cordage and Twine Market

  • Rise in industrialization and urbanization has fueled the demand for cordage and twine products in the market. Demand for cordage in different end-use sectors is significantly high, as it helps in lifting heavy weights quickly and safely, and thus reduces risk of injury. While demand for twines is high in agriculture, mining, gardening, clothing, packaging industries for manufacturing and tying applications. Expansion of these end-use industries is expected to boost the global cordage & twin market during the forecast period.
  • The COVID-19 pandemic has increased consumer consciousness about their health, and people are currently actively indulging in various outdoor activities. Increased demand for sports, gymnasium and adventure activities owing to rise in health concerns and disposable income and an increasing spending power are expected to further fuel the global cordage and twines market during the forecast period.
  • The COVID-19 pandemic has hampered the market, owing to stoppage of manufacturing work and unavailability of raw materials and workforce, which created a gap in demand and supply and restrained the market. However, the market is recovering owing to easing of restrictions, and it is expected to expand during forecast period.
  • Manufacturers are focused on bio-degradable and natural materials, such as natural jute fiber, which is estimated to offer significant opportunity for manufacturers in the global market during the forecast period

Asia Pacific to Hold Major Share of Global Cordage and Twine Market

  • In terms of geography, the global cordage and twine market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Asia Pacific is expected to lead the global cordages and twine market during the forecast period due to an increase in number of manufacturing units and construction activities. Countries such as China, South Korea, and India are expected to be major countries contributing to the expansion of the market in the region.
  • Asia Pacific region is likely to be followed by North America, in terms of share of the global market, due to the increase in use of cordage and twine products in various applications in the region

Key Players Operating in Global Market

Major players operating in the global cordage and twine market include:

  • Atlantic Braids Limited
  • Axiom Cordages Limited
  • Cortland limited
  • Pentagon Corporation
  • Samson rope technologies
  • SRF
  • TEUFELBERGER Fiber Rope GmbH
  • Usha Martin Limited
  • Yale Cordage Inc.

Global Cordage and Twine Market: Research Scope

Global Cordage and Twine Market, by Material

  • Natural fiber
  • Synthetic
    • Polypropylene
    • Nylon
    • Others (Polyester, etc.)

Global Cordage and Twine Market, by Price

  • Low
  • Medium
  • High

Global Cordage and Twine Market, by End-user

  • Defense & Aerospace
  • Oil & Gas
  • Commercial Marine
  • Fishing
  • Construction
  • Mining
  • Agriculture
  • Entertainment industry
  • Wind Energy
  • Others (Oceanographic, etc.)

Global Cordage and Twine Market, by Distribution Channel

  • Online
  • Offline
    • Direct Sales
    • Indirect Sales

Global Cordage and Twine Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
  • Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
  • Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Cordage And Twine Market