The Europe Rope Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030).
The rope business is constantly growing due to demand from several industries, including mining, transportation, maritime, and fisheries. In addition, key companies' significant product breakthroughs and launches are anticipated to build brand recognition and expand customer reach. The primary industry competitors are working hard to replace traditional raw materials with inexpensive alternatives that don't harm the environment while being produced. For instance, Jogani Impex LLP (Jogani Reinforcement) introduced an innovative version of concrete fiber wire, poly-fiber 3S, for robust and crack-free infrastructure, in October 2021.
Due to these significant efforts by manufacturers, which will enable them to access untapped areas and expand their product offerings, the market is anticipated to have promising development in the following years. Superior characteristics of synthetic rope for industrial use have caused the market to rise significantly. The growing popularity of synthetic rope is attributable to its expanded use in many sectors due to its enhanced capacity to carry large items. These items also include qualities like durability and lightweight as compared to traditional ones, which is anticipated to broaden the product's use into many sectors.
Europe is an important center for global shipping. Some of the busiest and most important ports in Europe are Rotterdam (Netherlands), Hamburg (Germany), Antwerp (Belgium), and Southampton (UK). They handle a significant amount of bulk freight, container traffic, and other nautical operations, which helps to support regional and international commerce. The marine sector in Europe is broad and diversified, involving a variety of pursuits such as transportation, fishing, shipbuilding, offshore operations, tourism, and security. It contributes to commerce and economic development, creates job opportunities, and is essential to Europe's transportation network. As a result, the growth of the market in Europe is being driven by the expanding marine sector.
The Germany market dominated the Europe Rope Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,046.3 million by 2030. The UK market is experiencing a CAGR of 5.3% during (2023 - 2030). Additionally, The France market would display a CAGR of 7% during (2023 - 2030).
Based on Product, the market is segmented into Steel Wire, Synthetic, Cotton, and Others. Based on End User, the market is segmented into Industrial, Commercial, and Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Rope Market is Projected to reach USD 19.7 Billion by 2030, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bridon-Bekaert Ropes Group (Bekaert Group), Cortland Limited (Enerpac Tool Group), Marlow Ropes Ltd., WireCo WorldGroup, Inc., Yale Cordage, TEUFELBERGER Holding AG, English Braids Ltd., Southern Ropes, van Beelen Group BV and Dynamica Ropes ApS (Netmark Holding).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Steel Wire
- Synthetic
- Cotton
- Others
By End User
- Industrial
- Commercial
- Residential
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Bridon-Bekaert Ropes Group (Bekaert Group)
- Cortland Limited (Enerpac Tool Group)
- Marlow Ropes Ltd.
- WireCo WorldGroup, Inc.
- Yale Cordage
- TEUFELBERGER Holding AG
- English Braids Ltd.
- Southern Ropes
- van Beelen Group BV
- Dynamica Ropes ApS (Netmark Holding)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Rope Market, by Product
1.4.2 Europe Rope Market, by End User
1.4.3 Europe Rope Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Rope Market
Chapter 4. Europe Rope Market by Product
4.1 Europe Steel Wire Market by Country
4.2 Europe Synthetic Market by Country
4.3 Europe Cotton Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Rope Market by End User
5.1 Europe Industrial Market by Country
5.2 Europe Commercial Market by Country
5.3 Europe Residential Market by Country
Chapter 6. Europe Rope Market by Country
6.1 Germany Rope Market
6.1.1 Germany Rope Market by Product
6.1.2 Germany Rope Market by End User
6.2 UK Rope Market
6.2.1 UK Rope Market by Product
6.2.2 UK Rope Market by End User
6.3 France Rope Market
6.3.1 France Rope Market by Product
6.3.2 France Rope Market by End User
6.4 Russia Rope Market
6.4.1 Russia Rope Market by Product
6.4.2 Russia Rope Market by End User
6.5 Spain Rope Market
6.5.1 Spain Rope Market by Product
6.5.2 Spain Rope Market by End User
6.6 Italy Rope Market
6.6.1 Italy Rope Market by Product
6.6.2 Italy Rope Market by End User
6.7 Rest of Europe Rope Market
6.7.1 Rest of Europe Rope Market by Product
6.7.2 Rest of Europe Rope Market by End User
Chapter 7. Company Profiles
7.1 Bridon-Bekaert Ropes Group (Bekaert Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Cortland Limited (Enerpac Tool Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 Marlow Ropes Ltd.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.4 WireCo WorldGroup, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Yale Cordage
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 TEUFELBERGER Holding AG
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.6.2.2 Acquisition and Mergers:
7.7 English Braids Ltd.
7.7.1 Company Overview
7.8 Southern Ropes
7.8.1 Company Overview
7.9 van Beelen Group BV
7.9.1 Company Overview
7.10. Dynamica Ropes ApS (Netmark Holding)
7.10.1 Company Overview
TABLE 1 Europe Rope Market, 2019 - 2022, USD Million
TABLE 2 Europe Rope Market, 2023 - 2030, USD Million
TABLE 3 Europe Rope Market by Product, 2019 - 2022, USD Million
TABLE 4 Europe Rope Market by Product, 2023 - 2030, USD Million
TABLE 5 Europe Steel Wire Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Steel Wire Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Cotton Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Cotton Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Rope Market by End User, 2019 - 2022, USD Million
TABLE 14 Europe Rope Market by End User, 2023 - 2030, USD Million
TABLE 15 Europe Industrial Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Industrial Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Commercial Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Residential Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Residential Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Rope Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Rope Market by Country, 2023 - 2030, USD Million
TABLE 23 Germany Rope Market, 2019 - 2022, USD Million
TABLE 24 Germany Rope Market, 2023 - 2030, USD Million
TABLE 25 Germany Rope Market by Product, 2019 - 2022, USD Million
TABLE 26 Germany Rope Market by Product, 2023 - 2030, USD Million
TABLE 27 Germany Rope Market by End User, 2019 - 2022, USD Million
TABLE 28 Germany Rope Market by End User, 2023 - 2030, USD Million
TABLE 29 UK Rope Market, 2019 - 2022, USD Million
TABLE 30 UK Rope Market, 2023 - 2030, USD Million
TABLE 31 UK Rope Market by Product, 2019 - 2022, USD Million
TABLE 32 UK Rope Market by Product, 2023 - 2030, USD Million
TABLE 33 UK Rope Market by End User, 2019 - 2022, USD Million
TABLE 34 UK Rope Market by End User, 2023 - 2030, USD Million
TABLE 35 France Rope Market, 2019 - 2022, USD Million
TABLE 36 France Rope Market, 2023 - 2030, USD Million
TABLE 37 France Rope Market by Product, 2019 - 2022, USD Million
TABLE 38 France Rope Market by Product, 2023 - 2030, USD Million
TABLE 39 France Rope Market by End User, 2019 - 2022, USD Million
TABLE 40 France Rope Market by End User, 2023 - 2030, USD Million
TABLE 41 Russia Rope Market, 2019 - 2022, USD Million
TABLE 42 Russia Rope Market, 2023 - 2030, USD Million
TABLE 43 Russia Rope Market by Product, 2019 - 2022, USD Million
TABLE 44 Russia Rope Market by Product, 2023 - 2030, USD Million
TABLE 45 Russia Rope Market by End User, 2019 - 2022, USD Million
TABLE 46 Russia Rope Market by End User, 2023 - 2030, USD Million
TABLE 47 Spain Rope Market, 2019 - 2022, USD Million
TABLE 48 Spain Rope Market, 2023 - 2030, USD Million
TABLE 49 Spain Rope Market by Product, 2019 - 2022, USD Million
TABLE 50 Spain Rope Market by Product, 2023 - 2030, USD Million
TABLE 51 Spain Rope Market by End User, 2019 - 2022, USD Million
TABLE 52 Spain Rope Market by End User, 2023 - 2030, USD Million
TABLE 53 Italy Rope Market, 2019 - 2022, USD Million
TABLE 54 Italy Rope Market, 2023 - 2030, USD Million
TABLE 55 Italy Rope Market by Product, 2019 - 2022, USD Million
TABLE 56 Italy Rope Market by Product, 2023 - 2030, USD Million
TABLE 57 Italy Rope Market by End User, 2019 - 2022, USD Million
TABLE 58 Italy Rope Market by End User, 2023 - 2030, USD Million
TABLE 59 Rest of Europe Rope Market, 2019 - 2022, USD Million
TABLE 60 Rest of Europe Rope Market, 2023 - 2030, USD Million
TABLE 61 Rest of Europe Rope Market by Product, 2019 - 2022, USD Million
TABLE 62 Rest of Europe Rope Market by Product, 2023 - 2030, USD Million
TABLE 63 Rest of Europe Rope Market by End User, 2019 - 2022, USD Million
TABLE 64 Rest of Europe Rope Market by End User, 2023 - 2030, USD Million
TABLE 65 Key Information – Bridon-Bekaert Ropes Group
TABLE 66 Key Information – Cortland Limited
TABLE 67 Key Information – Marlow Ropes Ltd.
TABLE 68 Key Information – WireCo WorldGroup, Inc.
TABLE 69 Key Information – Yale Cordage
TABLE 70 Key Information – TEUFELBERGER Holding AG
TABLE 71 Key Information – English Braids Ltd.
TABLE 72 Key Information – Southern Ropes
TABLE 73 Key Information – van Beelen Group BV
TABLE 74 Key Information – Dynamica Ropes ApS
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Rope Market share by Product, 2022
FIG 3 Europe Rope Market share by Product, 2030
FIG 4 Europe Rope Market by Product, 2019 - 2030, USD Million
FIG 5 Europe Rope Market share by End User, 2022
FIG 6 Europe Rope Market share by End User, 2030
FIG 7 Europe Rope Market by End User, 2019 - 2030, USD Million
FIG 8 Europe Rope Market share by Region, 2022
FIG 9 Europe Rope Market share by Region, 2030
FIG 10 Europe Rope Market by Region, 2019 - 2030, USD Million
FIG 11 Recent strategies and developments: Bridon-Bekaert Ropes Group
FIG 12 Recent strategies and developments: Marlow Ropes Ltd.
FIG 13 Recent strategies and developments: TEUFELBERGER Holding AG