The Rope, Cordage and Twine Manufacturing industry has faced many challenges over the past five years and will remain under considerable pressure in the future. Declining domestic demand, lower industry output and increased import penetration have caused industry participants to struggle over the five years through 2014-15. Struggles across the domestic manufacturing sector have contributed to industry demand fluctuations. As rope, cord and other industry products are used as intermediate inputs in other manufactured goods, the industry has suffered from lower downstream demand over the period.
Firms in this industry manufacture rope, cordage, twine, net and similar products. These can be produced from natural or synthetic fibres, but wire-related materials 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.