| Product Code: ETC374664 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s cordage and twine import shipments in 2024 continued to be dominated by top exporting countries such as USA, China, Vietnam, Philippines, and Italy. The Herfindahl-Hirschman Index (HHI) indicated a high concentration within the market. The impressive Compound Annual Growth Rate (CAGR) of 28.16% from 2020 to 2024 showcases the robust expansion of this sector. Moreover, the growth rate of 29.63% from 2023 to 2024 underscores the accelerating pace of development in the industry, pointing towards a promising outlook for cordage and twine imports in India.

The cordage and twine market size stood at USD 1.3 billion in 2018, growing at a rate of 7% annually for 5 years. This growth can be attributed mainly to increased demand from consumer expenditure on different non-durable products made out of rope & cords; higher adoption by manufacturers across diverse end-user industries; rapid urbanization; introduction of new technologies resulting in cost effective solutions; rising disposable income among citizens ;etc. Growth opportunities are expected also due to increasing use for packaging applications & safety nets. Also ,the availability of raw materials like jute , sisal fibre etc is ensuring that cost competitiveness continues despite various environmental regulations enforced by government(s).
In the cordage and twine market in India, factors such as expanding agriculture, fisheries, and construction sectors have driven the demand for ropes, cords, and twines. These products find applications in various industries, including agriculture for tying purposes, fisheries for fishing nets, and construction for lifting and securing materials.
The cordage and twine market in India have been significantly impacted by the availability of cheaper synthetic alternatives. Traditional materials like jute and coir face challenges from synthetic ropes, cords, and twines, which are cost-effective and often offer better performance characteristics.
The cordage and twine market faced disruptions due to COVID-19. Industries like agriculture, construction, and shipping, which rely heavily on these products, experienced setbacks. The decline in construction activities and disruptions in the supply chain impacted the demand and availability of cordage and twine. As international trade was affected, import and export activities also saw a decline, adding to the market`s challenges.
In the cordage and twine market, India has several key players like Maruti Ropes, Garware Wall Ropes Ltd, and Samson Rope Technologies, catering to the industrial, agricultural, and marine sectors.
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