Market Forecast By Bed Size (Double Bed, Single Bed & Infant Bed), By Price (Low, Medium, High), By End-user (Defense & Aerospace, Oil & Gas, Commercial Marine, Fishing, Construction, Entertainment industry, Wind Energy, Others), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC374672 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Cordage and Twine Market |
Forecast period | 2025-2031 |
CAGR | 5.5% |
Growing Sector | Agriculture |
The Bangladesh Cordage and Twine Market report thoroughly covers the market by Bed size, by Price, by end-user, and by distribution channel. The Bangladesh Cordage and Twine market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh cordage and twine market has been showing significant growth in recent years. With the increasing demand for high-quality, durable and affordable ropes and twines across various industries. This niche sector benefits from Bangladesh's abundant jute production, leveraging its position as one of the world's largest producers. The domestic market is also buoyed by a rising demand for eco-friendly packaging solutions and the construction industry's growing needs.
According to 6Wresearch, the Bangladesh Cordage and Twine Market size is expected to grow at a significant CAGR of 5.5% during the forecast period 2025-2031. This sector is primarily influenced by the robust agricultural and fishing industries in Bangladesh, which demand high volumes of cordage and twine for operations such as fishing nets, packaging, and agricultural bindings. Furthermore, the growing retail and construction sectors contribute to increased demand for these products for packaging and construction materials, respectively. The surge in export demand, especially in the Western markets where Bangladeshi jute cordage is highly valued for its eco-friendly properties, also acts as a vital driver. A notable trend in the Bangladesh cordage and twine industry is the shift towards sustainable and biodegradable materials, driven by global environmental concerns and consumer preferences. There is an increasing trend towards the use of jute, an eco-friendly alternative, which aligns with international sustainability trends and offers a competitive edge in global markets. Additionally, technological innovations aimed at improving product durability and efficiency, as well as expanding applications in industries beyond agriculture and fishing, such as in automotive and industrial packaging.
The major players of Cordage and twine market in Bangladesh include: Bengal poly and paper sack limited, Golden jute industry Ltd, Taufika Foods & Agro Industries Ltd., Jutex Industries Private Limited, and Akij Jute Mills Ltd.
The government plays a crucial role in regulating the market, with policies aimed at protecting the export of white jute and supporting the jute sector. The government is also investing in irrigation infrastructure to increase jute productivity. However, there is a need for appropriate policy, infrastructural, and institutional support to tap into the rising global demand for jute and jute products.
The market has the potential to grow due to its positive environmental attributes and its ability to replace plastics in many products. However, jute farmers in Bangladesh often face economic constraints, making it challenging to support the development of the industry. Therefore, there is a need to identify challenges that jute farmers face and to identify opportunities for the improvement of jute farmers' livelihoods, including cultural, governmental, and organizational environment.
According to Shivankar, Research Manager, 6Wresearch, the small bed size segment is gaining traction in the market. This can be attributed to various factors such as affordability and ease of use. Smaller ropes and twines are highly versatile and can be used for a wide range of applications.
Based on the end user, the agriculture sector has emerged as the leading end-user in the Bangladesh cordage and twine market. Bangladesh's economy is highly dependent on agriculture, with the sector contributing to the country's GDP.
Based on distribution channels, the online segment has been experiencing the most rapid growth in recent years. This can be attributed to the increasing popularity of online shopping among consumers and the convenience it offers in terms of product range, competitive pricing, and doorstep delivery.
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 Bangladesh Cordage and Twine Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Cordage and Twine Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Cordage and Twine Market - Industry Life Cycle |
3.4 Bangladesh Cordage and Twine Market - Porter's Five Forces |
3.5 Bangladesh Cordage and Twine Market Revenues & Volume Share, By Bed Size, 2021 & 2031F |
3.6 Bangladesh Cordage and Twine Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.7 Bangladesh Cordage and Twine Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Bangladesh Cordage and Twine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bangladesh Cordage and Twine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for cordage and twine in agriculture and fishing industries |
4.2.2 Increasing awareness about the benefits of using eco-friendly and sustainable materials |
4.2.3 Expansion of the construction and shipping industries in Bangladesh |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as jute and plastic |
4.3.2 Competition from imported cordage and twine products |
4.3.3 Impact of economic instability on consumer spending |
5 Bangladesh Cordage and Twine Market Trends |
6 Bangladesh Cordage and Twine Market Segmentations |
6.1 Bangladesh Cordage and Twine Market, By Bed Size |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Cordage and Twine Market Revenues & Volume, By Double Bed, 2021-2031F |
6.1.3 Bangladesh Cordage and Twine Market Revenues & Volume, By Single Bed & Infant Bed, 2021-2031F |
6.2 Bangladesh Cordage and Twine Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Cordage and Twine Market Revenues & Volume, By Low, 2021-2031F |
6.2.3 Bangladesh Cordage and Twine Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Bangladesh Cordage and Twine Market Revenues & Volume, By High, 2021-2031F |
6.3 Bangladesh Cordage and Twine Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Cordage and Twine Market Revenues & Volume, By Defense & Aerospace, 2021-2031F |
6.3.3 Bangladesh Cordage and Twine Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.4 Bangladesh Cordage and Twine Market Revenues & Volume, By Commercial Marine, 2021-2031F |
6.3.5 Bangladesh Cordage and Twine Market Revenues & Volume, By Fishing, 2021-2031F |
6.3.6 Bangladesh Cordage and Twine Market Revenues & Volume, By Construction, 2021-2031F |
6.3.7 Bangladesh Cordage and Twine Market Revenues & Volume, By Entertainment industry, 2021-2031F |
6.3.8 Bangladesh Cordage and Twine Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Bangladesh Cordage and Twine Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bangladesh Cordage and Twine Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Cordage and Twine Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Bangladesh Cordage and Twine Market Revenues & Volume, By Offline, 2021-2031F |
7 Bangladesh Cordage and Twine Market Import-Export Trade Statistics |
7.1 Bangladesh Cordage and Twine Market Export to Major Countries |
7.2 Bangladesh Cordage and Twine Market Imports from Major Countries |
8 Bangladesh Cordage and Twine Market Key Performance Indicators |
8.1 Percentage of revenue from sustainable cordage and twine products |
8.2 Number of new contracts or partnerships with key industries (agriculture, fishing, construction, shipping) |
8.3 Average lead time from order placement to delivery for cordage and twine products |
9 Bangladesh Cordage and Twine Market - Opportunity Assessment |
9.1 Bangladesh Cordage and Twine Market Opportunity Assessment, By Bed Size, 2021 & 2031F |
9.2 Bangladesh Cordage and Twine Market Opportunity Assessment, By Price, 2021 & 2031F |
9.3 Bangladesh Cordage and Twine Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Bangladesh Cordage and Twine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bangladesh Cordage and Twine Market - Competitive Landscape |
10.1 Bangladesh Cordage and Twine Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Cordage and Twine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |