Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Polethylene Rope Twine, Metal Rope Twine, Other), By Applications (Industrial, Counstruction, Oil, Coal mine, Other) And Competitive Landscape
Product Code: ETC058296 | Publication Date: Feb 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Twine Market |
Forecast period | 2025-2031 |
Forecast Size | USD 1.2 billion by 2031 |
CAGR | 6.3% |
Growing Sector | Construction |
Europe Twine Market report thoroughly covers the market by countries, by type, and by application. The market outlook 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.
The Europe Twine Market is projected to reach a value of USD 1.2 billion by 2031, growing at a CAGR of 6.3% during the forecast period (2025-2031). This can be attributed to various factors such as an increase in demand for sustainable and eco-friendly packaging materials, technological advancements in manufacturing processes, and the growing trend of using biodegradable products.
The Europe Twine Market has shown consistent growth in recent years, fueled by the increasing demand for sustainable and durable materials in industries such as agriculture, fishing, and packaging. Manufacturers are investing in innovative materials and production techniques to meet consumer demands for higher quality and environmentally friendly products.
According to 6Wresearch, the Europe Twine Market size is anticipated to grow at a CAGR of 6.3% during the forecast period 2025-2031. The push towards sustainable agricultural practices has led to an increased demand for biodegradable twines, such as those made from sisal and hemp. Furthermore, the growing fishing industry necessitates durable and water-resistant twines, pushing manufacturers to innovate. Lastly, the surge in online shopping has been a pivotal driver, with the packaging industry requiring vast amounts of twine to secure goods for transportation.
However, challenges remain in the form of fluctuating raw material prices, which can significantly impact production costs and market prices. Additionally, stringent environmental regulations in Europe demand continuous investment in clean and green production technologies, posing a challenge for smaller players in the market. Despite these challenges, some trends are supporting the Europe Twine Market growth such as the rising use of natural and sustainable fibers, aligning with global environmental sustainability goals. Technological advancements in manufacturing processes have also allowed to produce stronger, more durable twines that can serve a variety of purposes. Furthermore, the market is seeing a shift towards customization, with businesses increasingly demanding twines that meet specific requirements, such as color, thickness, and resistance to elements, to enhance brand perception and packaging aesthetic.
Governments across Europe are playing a crucial role in shaping the twine market through various initiatives and regulations. These include subsidies for the adoption of sustainable agricultural practices that favor eco-friendly twines. Additionally, government-funded research and development projects aim to enhance the efficiency and sustainability of twine production.
The European twine market boasts a diverse array of key players who are leading the industry with innovative solutions and products. Companies like Cordex, a renowned manufacturer specializing in agro-textiles and synthetic fibers, and Bridon-Bekaert, known for their high-performance sisal and polypropylene twines, stand out.
The future of the Europe twine industry looks promising, driven by a continued focus on sustainability, innovation, and customization. The market is expected to expand as manufacturers keep developing eco-friendly and high-performance twines to meet the demands of agriculture, fishing, and packaging industries. Additionally, the increasing digitalization and integration of smart technologies in production processes could further enhance the efficiency and sustainability of twine manufacturing.
According to Dhaval, Research Manager, 6Wresearch, Germany is projected to have the largest market share in the Europe twine market. However, all countries are expected to see growth in the coming years due to factors such as increasing demand for sustainable and eco-friendly products, advancements in technology, and evolving consumer preferences.
Based on the application, the Construction sector is dominating the Europe twine market share. This growth can be attributed to the increasing demand for durable and sustainable building materials, as well as the rising construction activities across Europe. The twine used in the construction industry often serves purposes such as bundling materials and even being integrated into innovative building techniques that emphasize sustainability and efficiency.
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 Europe Twine Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Twine Market Revenues & Volume, 2021 & 2031F |
3.3 Europe Twine Market - Industry Life Cycle |
3.4 Europe Twine Market - Porter's Five Forces |
3.5 Europe Twine Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Europe Twine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Europe Twine Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Europe Twine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Twine Market Trends |
6 Europe Twine Market, 2021 - 2031 |
6.1 Europe Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 Europe Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
7 Germany Twine Market, 2021 - 2031 |
7.1 Germany Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 Germany Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 United Kingdom Twine Market, 2021 - 2031 |
8.1 United Kingdom Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 United Kingdom Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 France Twine Market, 2021 - 2031 |
9.1 France Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 France Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Italy Twine Market, 2021 - 2031 |
10.1 Italy Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Italy Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Russia Twine Market, 2021 - 2031 |
11.1 Russia Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Russia Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Spain Twine Market, 2021 - 2031 |
12.1 Spain Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Spain Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Rest of Europe Twine Market, 2021 - 2031 |
13.1 Rest of Europe Twine Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Rest of Europe Twine Market, Revenues & Volume, By Applications, 2021 - 2031 |
14 Europe Twine Market Key Performance Indicators |
15 Europe Twine Market - Opportunity Assessment |
15.1 Europe Twine Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Europe Twine Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Europe Twine Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Europe Twine Market - Competitive Landscape |
16.1 Europe Twine Market Revenue Share, By Companies, 2024 |
16.2 Europe Twine Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |