PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586392
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586392
Africa Rope Market Size, Share, Trends, Industry Analysis Report: By Product, End Use, and Country - Market Forecast, 2024-2032
The Africa rope market size is expected to reach USD 2,750.29 million by 2032, according to a new study by Polaris Market Research. The report "Africa Rope Market Size, Share, Trends, Industry Analysis Report: By Product (Synthetic, Steel Wire, Cotton, and Other Products), End Use, and Country (South Africa, Nigeria, Kenya, Morocco, Mauritius, Algeria, and Rest of Africa) - Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Africa rope market is experiencing significant growth, driven by the rising demand for high-performance ropes across various sectors, including mining, construction, and maritime industries, due to their enhanced strength, durability, and resistance to environmental challenges. Technological advancements in rope manufacturing, such as the use of advanced synthetic fibers and innovative coating materials, are improving product performance and safety. Additionally, an increasing focus on sustainability is pushing manufacturers to adopt eco-friendly materials and production practices, while the emphasis on safety standards is prompting the development of ropes that meet rigorous quality requirements.
Africa has abundant natural resources that are driving the energy sector and significantly increasing the demand for specialized ropes. Infrastructure projects are expanding across the region, including oil and gas facilities, power plants, and renewable energy initiatives. These projects demand durable, high-performance ropes capable of handling heavy loads and enduring extreme conditions, particularly in the construction of pipelines, drilling rigs, and solar farms. Thus, rising infrastructure projects drive the demand for ropes across Africa.
In offshore oil and gas operations, steel wire ropes are essential for drilling, mooring, and lifting heavy equipment, ensuring safe and efficient operations. Additionally, the growing momentum of renewable energy projects, such as wind turbines, is contributing to the rising demand for ropes designed to withstand harsh environmental factors. The installation and maintenance of wind turbines require ropes that offer exceptional strength and durability. As Africa advances its energy infrastructure development, the rope market is also expanding with specialized ropes becoming crucial for supporting the region's industrial growth.
Africa Rope Market Report Highlights
By product, the steel wire segment dominated the market in 2023 due to the strength and versatility of these wires, which is driving their demand in construction, marine, and industrial applications across Africa.
The commercial segment, based on end use, is set to grow rapidly, driven by increased outdoor activities, safety awareness, and demand for high-quality ropes across various applications in Africa.
In 2023, South Africa led the Africa rope market, driven by demand from construction, mining, agriculture, and marine industries, alongside innovations in rope materials.
A few key market players are Ropes for Africa, Southern Ropes, Haggie Steel Wire Rope, Pentagon Corporation, Actum, Greenwood Rope Products (Pty) Ltd, Toco Lifting Equipment, Nigerian Ropes PLC, Netking, Umholi, Knittex, and Brockwell SA Cotton.
Polaris Market Research has segmented the Africa rope market report on the basis of product, end use, and country:
By Product Outlook (Revenue - USD Million, 2020-2032)
- Synthetic
- Steel Wire
- Cotton
- Others
By End Use Outlook (Revenue - USD Million, 2020-2032)
- Industrial
- Commercial
- Residential
By Country Outlook (Revenue - USD Million, 2020-2032)
- South Africa
- Nigeria
- Kenya
- Morocco
- Mauritius
- Algeria
- Rest of Africa
Table of Contents
Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objectives of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
Chapter 2. Executive Summary
Chapter 3. Research Methodology
- 3.1 Overview
- 3.1.1 Data Mining
- 3.2 Data Sources
- 3.2.1 Primary Sources
- 3.2.2 Secondary Sources
Chapter 4. Africa Rope Market Insights
- 4.1 Africa Rope - Industry Snapshot
- 4.2 Africa Rope Market Dynamics
- 4.2.1 Drivers and Opportunities
- 4.2.1.1 Infrastructural Development
- 4.2.1.2 Urbanization and Population Growth
- 4.2.2 Restraints and Challenges
- 4.2.2.1 Manufacturing Challenges
- 4.2.1 Drivers and Opportunities
- 4.3 Africa Rope Market - Porter's Five Forces
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Threats of New Entrants
- 4.3.3 Bargaining Power of Buyers
- 4.3.4 Threat of Substitutes
- 4.3.5 Rivalry among existing firms
- 4.4 Africa Rope Market - PEST Analysis
- 4.5 Africa Rope Market - Covid-19 Impact Analysis
- 4.6 Africa Rope Market - Industry Trends
Chapter 5. Africa Rope Market Assessment by Product
- 5.1 Introduction
- 5.2 Synthetic
- 5.3 Steel Wire
- 5.4 Cotton
- 5.5 Other Product Segment
Chapter 6. Africa Rope Market Assessment by End Use
- 6.1 Introduction
- 6.2 Industrial
- 6.3 Commercial
- 6.4 Residential
Chapter 7. Africa Rope Market Assessment by Region
- 7.1 Introduction
- 7.2 Africa Rope Market
- 7.2.1 Africa Rope Market - South Africa
- 7.2.2 Africa Rope Market - Nigeria
- 7.2.3 Africa Rope Market - Kenya
- 7.2.4 Africa Rope Market - Morocco
- 7.2.5 Africa Rope Market - Mauritius
- 7.2.6 Africa Rope Market - Algeria
Chapter 8. Competitive Landscape
- 8.1 Key Market Players: Categorization
- 8.2 Strategy Framework
- 8.3 Vendor Landscape
Chapter 9. Company Profiles
- 9.1 Ropes for Africa
- 9.1.1 Business Overview
- 9.1.2 Product Benchmarking
- 9.2 Southern Ropes
- 9.2.1 Business Overview
- 9.2.2 Product Benchmarking
- 9.3 Haggie Steel Wire Rope
- 9.3.1 Business Overview
- 9.3.2 Product Benchmarking
- 9.4 Pentagon Corporation (Mamba Ropes & Twines)
- 9.4.1 Business Overview
- 9.4.2 Product Benchmarking
- 9.5 Actum
- 9.5.1 Business Overview
- 9.5.2 Product Benchmarking
- 9.6 Greenwood Rope Products (Pty) Ltd.
- 9.6.1 Business Overview
- 9.6.2 Product Benchmarking
- 9.7 Toco Lifting Equipment
- 9.7.1 Business Overview
- 9.7.2 Product Benchmarking
- 9.8 Nigeria Ropes Plc
- 9.8.1 Business Overview
- 9.8.2 Product Benchmarking
- 9.9 Netking
- 9.9.1 Business Overview
- 9.9.2 Product Benchmarking
- 9.10 Umholi
- 9.10.1 Business Overview
- 9.10.2 Product Benchmarking
- 9.11 Knittex
- 9.11.1 Business Overview
- 9.11.2 Product Benchmarking
- 9.12 Brockwell SA Cotton
- 9.12.1 Business Overview
- 9.12.2 Product Benchmarking
List of Tables
- Table 1 Africa Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 1 Africa Rope Market, by Synthetic Segment, 2020 - 2032, (USD Million)
- Table 2 Africa Rope Market, by Steel Wire, 2020 - 2032, (USD Million)
- Table 3 Africa Rope Market, by Cotton, 2020 - 2032, (USD Million)
- Table 4 Africa Rope Market, by Other Product Segment, 2020 - 2032, (USD Million)
- Table 5 Africa Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 6 Africa Rope Market, by Industrial, 2020 - 2032, (USD Million)
- Table 7 Africa Rope Market, by Commercial, 2020 - 2032, (USD Million)
- Table 8 Africa Rope Market, by Residential, 2020 - 2032, (USD Million)
- Table 9 Africa Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 10 Africa Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 11 South Africa Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 12 South Africa Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 13 Nigeria Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 14 Nigeria Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 15 Kenya Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 16 Kenya Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 17 Morocco Africa Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 18 Morocco Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 19 Mauritius Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 20 Mauritius Rope Market, By End Use, 2020 - 2032, (USD Million)
- Table 21 Algeria Rope Market, By Product, 2020 - 2032, (USD Million)
- Table 22 Algeria Rope Market, By End Use, 2020 - 2032, (USD Million)
List of Figures
- Figure 1. Executive Summary
- Figure 2. Market by Geography, 2020 - 2032, (USD Million)
- Figure 3. Porter's Five Forces
- Figure 4. PEST Analysis
- Figure 5. Market by Product
- Figure 6. Market by End Use
