Product Code: ETC044179 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia ropes and cordages market is estimated to reach USD 544.3 million by 2031, registering a CAGR of 7.5% during the forecast period 2025-2031. The growing industries such as marine, sports & leisure, construction, agriculture are significantly boosting the demand for ropes and cordage products in Saudi Arabia. Moreover, increasing government initiatives related to safety regulations for industrial sectors are supplementing the growth of the market. Rising investments in infrastructure development projects due mitigation of dependency on oil production is likely to fuel the growth of this market over next few years.
The growing marine industry in Saudi Arabia has been influencing demand for ropes and cords used mainly while mooring boats or recreational vessels at dockside or anchoring them offshore from drifting away with strong tides or current flow rates etc., which is resulting into increased sales of these products across regional markets thereby driving product demand across commercial establishments in country Further rising investments towards developing recreational activities like camping, mountaineering and other outdoor activities have been positively impacting product sales across major markets thus fostering overall industry growth trends over recent times owing to easy availability along with cost effective solutions being offered by leading vendors operating within region coupled with enhanced consumer awareness about benefits associated with usage of these materials further augmenting industry outlooks . Increasing Government Initiatives Related To Safety Regulations For Industrial Sectors Are Supplementing The Growth Of The Market: In order to maintain desired standards set by authorities regarding workplace safety measures along with ensuring compliance among various manufacturing facilities located within nation??s boundaries pertaining mostly towards reducing work related accidents governments have imposed strict rules making it mandatory for all factories or companies dealing specifically under certain branches such as transportation sector etc., wherein usage of quality grade material becomes essential part complying with established regulations consequently pushing up revenue generation opportunities especially those targeting clients belonging to such business verticals.
Major hindrance faced by players operating within global landsacpe include fluctuation witnessed in raw material prices on account rising instability prevailing within crude oil sector since majority end use applications relying heavily upon resources obtained through petrochemical processes thus resulting into frequent rise & fall observed when considering costs associated mainly towards procurement operations carried out amongst producers situated across different regions worldwide thereby hampering profitability margins attributed directly towards price sensitivity amongst customers who tend shift their preferences according lucrative options available.
The outbreak of COVID-19 has caused massive disruptions across all sectors including manufacturing units wherein production levels have been drastically impacted due to temporary shutdowns. Furthermore, stringent lockdowns imposed globally led to limited availability of resources such as raw materials as well as labor which further slowed down operations of businesses causing adverse impacts on various markets including ropes and cordage market.
The major players operating in the Saudi Arabia Ropes and Cordages Market include:" Univar Solutions Inc., Bridon International Ltd., Sumitomo Corporation Europe Ltd., Opex Group SPA (Cordage Planet), Kureha Elastomer Co., Ltd., Teufelberger Holding GmbH & Co KG , Thai Yang Rubbers Co.,Ltd.(TYRUBBERS), Manchester Mills LLC , Samson Rope Technologies LLC among others.
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 Saudi Arabia Ropes and Cordages Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Ropes and Cordages Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Ropes and Cordages Market - Industry Life Cycle |
3.4 Saudi Arabia Ropes and Cordages Market - Porter's Five Forces |
3.5 Saudi Arabia Ropes and Cordages Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Saudi Arabia Ropes and Cordages Market Revenues & Volume Share, By Twist Type, 2021 & 2031F |
3.7 Saudi Arabia Ropes and Cordages Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Saudi Arabia Ropes and Cordages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Ropes and Cordages Market Trends |
6 Saudi Arabia Ropes and Cordages Market, By Types |
6.1 Saudi Arabia Ropes and Cordages Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Natural, 2021-2031F |
6.1.4 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Saudi Arabia Ropes and Cordages Market, By Twist Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Strand Braided Rope, 2021-2031F |
6.2.3 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Double Braided Rope, 2021-2031F |
6.2.4 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Turbo Braided Rope, 2021-2031F |
6.3 Saudi Arabia Ropes and Cordages Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Marine & Fishing, 2021-2031F |
6.3.3 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.4 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Sports & Leisure, 2021-2031F |
6.3.5 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Construction, 2021-2031F |
6.3.7 Saudi Arabia Ropes and Cordages Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Ropes and Cordages Market Import-Export Trade Statistics |
7.1 Saudi Arabia Ropes and Cordages Market Export to Major Countries |
7.2 Saudi Arabia Ropes and Cordages Market Imports from Major Countries |
8 Saudi Arabia Ropes and Cordages Market Key Performance Indicators |
9 Saudi Arabia Ropes and Cordages Market - Opportunity Assessment |
9.1 Saudi Arabia Ropes and Cordages Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Saudi Arabia Ropes and Cordages Market Opportunity Assessment, By Twist Type, 2021 & 2031F |
9.3 Saudi Arabia Ropes and Cordages Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Saudi Arabia Ropes and Cordages Market - Competitive Landscape |
10.1 Saudi Arabia Ropes and Cordages Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Ropes and Cordages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |