Global Rope Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Global Rope Market Growth

The global construction output is projected to attain a value of USD 3.13 trillion by the year 2025, representing an increase of USD 2.6 trillion over the five-year period from 2020. The construction sector worldwide is experiencing significant growth, fuelled by increasing industrialisation and numerous infrastructure initiatives. It is anticipated that the average annual growth rate in construction will be 3.6% throughout the decade leading to 2030, surpassing the growth rates of both the manufacturing and services sectors. The increase in construction activities globally has resulted in a heightened demand for ropes, as they are essential for lifting, rigging, and safety applications in the construction sector.

The growing global enthusiasm for activities like rock climbing, mountaineering, zip-lining, and water sports is also fuelling the demand for high-performance ropes that prioritise safety and durability. In 2019, approximately 44% of the European Union population engaged in physical activities at least once a week. By 2021, a record 164.2 million Americans aged 6 and older, representing 54% of this demographic, took part in outdoor recreational activities at least once. As more individuals embrace outdoor activities, the market for specialised equipment, including ropes, is expected to continue expanding, presenting opportunities for innovation and growth within the market.

Key Trends and Developments

Rapid urbanisation and industrialisation, rising interest in outdoor and recreational activities, technological advancements in rope materials, and a rise in the application of ropes in the military and defence sector are the major trends impacting the global rope market growth

September 2021

The DSC8 PI MAX, a sophisticated compact double parallel laid rope, distinguished by its unique design, was developed by the Bridon-Bekaert Ropes Group.

March 2023

WireCo, recognised as the premier global manufacturer of essential wire rope, synthetic rope, netting, and electromechanical cable, announced the introduction of a new line of high-performance crane ropes produced in the USA as a part of a USD 30 million investment.

Feb 2024

Teufelberger-Redaelli, a globally diversified organisation with a focus on fibre ropes, steel wire ropes, and strapping, attained a bronze rating in the EcoVadis sustainability assessment for its facilities located in Italy.

Rapid Urbanisation and Industrialisation

The increasing infrastructure development initiatives, particularly in developing nations, are increasing the need for robust ropes utilised in lifting, rigging, and safety functions within the construction sector.

Rising Popularity of Sports and Recreational Activities

Increasing global interest in activities such as rock climbing, mountaineering, zip-lining, and water sports is driving the demand for high-performance ropes designed for safety and durability.

Expanding Maritime and Fishing Activities

The international maritime sector, encompassing commercial shipping and fishing activities, is significantly dependent on ropes for purposes such as mooring, towing, and anchoring, thereby increasing the demand for both synthetic and natural rope materials.

Technological Advancements in Rope Materials

Advancements in rope production have significantly transformed various sectors, particularly through the development of high-performance synthetic materials like Ultra-High Molecular Weight Polyethylene (UHMWPE) and Kevlar.

Rise in the Demand for Ropes in Military and Defence Applications

Ropes play a crucial role in military operations, utilised for activities such as parachuting, rappelling, and cargo securing. With increasing investment in the defence and military sector, there is a rise in demand for specialised ropes.

Global Rope Market Trends

Ropes play a crucial role in military operations, serving a variety of essential functions that enhance the effectiveness and safety of personnel during missions. One of the primary applications of ropes in the military is parachuting, where they are used to secure parachutes and ensure safe landings for airborne troops. This involves not only the deployment of parachutes but also the intricate systems that allow for controlled descents and rapid extraction from aircraft.

Ropes are also vital for rappelling, a technique employed by special forces and other military units to descend from heights quickly and safely. Rappelling requires specialised ropes that can withstand significant weight and stress, as well as the ability to be easily manipulated by soldiers in high-pressure situations.

Global Rope Industry Segmentation

Global Rope Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• Synthetic
• Steel Wire
• Cotton
• Others

Market Breakup by End-Users

• Industrial
• Commercial
• Residential

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Rope Market Share

Based on the end-users, the market is segmented into industrial, commercial, and residential. The industrial segment is projected to grow at a CAGR of 6.7% during the forecast period of 2024-2032. Ropes serve as multifunctional instruments within the industrial sector, employed for numerous applications owing to their robust strength, flexibility, and adaptability.

Leading Companies in the Global Rope Market

Major players are focusing on the adoption of new technologies to gain a competitive edge in the market.

• Bridon-Bekaert the Ropes Group
• TEUFELBERGER Holding AG
• WireCo.
• Yale Cordage
• Marlow Ropes Ltd.
• Cortland Industrial LLC
• Southern Ropes
• Van Beelen Group B.V.
• Dynamica Ropes ApS
• Samson Rope Technologies, Inc.
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.