Hanging by a thread: Low-cost import penetration has tied up domestic demand

Operators in the Rope, Cordage and Twine Manufacturing industry have faced difficult trading conditions over the past five years. Low-cost imports have flooded the domestic market, lowering prices across many product segments and taking market share from local operators. Many industry products tend to be generic, making price a key point of competition. As a result, industry operators have proven vulnerable to competition from low-cost imports, with imports anticipated to account for over half of domestic demand in the current year. Industry revenue is expected to decline at an annualised 4.1% over the five years through 2019-20, to $144.3 million. This includes an anticipated decline of 3.6% in the current year...read more.

Industry Statistics & Market Size
Annual Growth 15-20
Forecast Growth 20-25
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry operators have lost market share to low-cost imports over the past five years
  • Import penetration has significantly increased over the past five years, challenging the industry
  • Increasing import penetration will continue to limit demand for locally manufactured products
  • Industry Report - Industry Investment Chapter

    The Rope, Cordage and Twine Manufacturing industry displays moderate capital intensity. For every dollar spent on capital, industry operators will spend an estimated $4.84 on wages in the current year. Rope, cordage and twine manufacturing tends to be highly automated. Industry equipment generally varies according to rope size and length, strand numbers, output volumes and the incorporated technology. Industry products with smaller diameters can be manufactured on smaller equipment with specific twisting or tying functions. Industry products with larger diameters are manufactured on larger, heavy-duty machines that wind, twist and spin natural and synthetic fibres into ropes. Larger machinery can provide more production options and higher output volumes...purchase to read more.

    Additional Insights for the Rope, Cordage and Twine Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Rope, Cordage and Twine Manufacturing are:

  • Ability to control stock on hand
  • Effective quality control
  • Optimum capacity utilisation
  • IBISWorld analysts also discuss how external factors such as Demand from cut and sewn textile product manufacturing and Demand from construction in the Rope, Cordage and Twine Manufacturing industry impact industry performance..

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    What's in this report

    What is the Rope, Cordage and Twine Manufacturing Industry?

    Industry firms manufacture rope, cordage, twine, net and similar products. These products can be produced from natural or synthetic fibres. Wire ropes and tyre cords are excluded from the industry. The industry’s products are used by other manufacturers as intermediate inputs, and by households and businesses as final products.

    Industry Products
  • Rope
  • Cordage
  • Twine
  • Netting
  • Other products
  • Industry Activities
  • Cable (from natural or synthetic fibres)
  • Cord (except wire rope or tyre cord)
  • Cordage
  • Fish net
  • Other net
  • Rope (except wire rope)
  • String
  • Textile netting
  • Twine
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from cut and sewn textile product manufacturing
  • Demand from construction
  • Demand from hardware and building supplies retailing
  • World price of crude oil
  • Value of merchandise trade imports
  • World price of cotton

  • Current Performance
  • Participation and profit
  • Domestic demand
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry participation
  • Domestic demand
  • Import competition
  • Table: Rope, Cordage and Twine Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Rope, Cordage and Twine Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • Cut and Sewn Textile Product Manufacturing
  • Textile Product Wholesaling
  • Forestry and Logging
  • Hardware and Building Supplies Retailing

  • Key Selling Industries
  • Mining and Industrial Machinery Wholesaling
  • Synthetic and Natural Textile Manufacturing

  • Products & Services
  • Rope
  • Cordage
  • Netting
  • Twine
  • Other products
  • Chart: Rope, Cordage and Twine Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Construction and mining firms
  • Manufacturing firms
  • Retail firms
  • Rail and road transport firms
  • Wholesale firms
  • Other firms
  • Export markets
  • Chart: Major Market Segmentation for the Rope, Cordage and Twine Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Rope, Cordage and Twine Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Rope, Cordage and Twine Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Rope, Cordage and Twine Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Rope, Cordage and Twine Manufacturing Industry
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Cordage is usually under 5 millimetres in diameter and used as an intermediate input for other products, such as textile blinds and other products requiring a light-duty cord.
  • Polypropylene
  • Polypropylene is a synthetic fibre used to manufacture some rope and cord products.
  • Rope
  • Rope is made by braiding or twisting natural and synthetic yarns and fibres into a stronger and more resilient form for lifting and tying purposes.
  • Sisal
  • The fibres from the Agave sisalana plant, which is native to North and South America. These fibres can be used to create various types of rope and twine.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Rope, Cordage and Twine Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Rope, Cordage and Twine Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Rope, Cordage and Twine Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Rope, Cordage and Twine Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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