The market is dominated by domestic suppliers, as imports account for 10.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 72.5% of total demand in 2022. China has the second largest market size for cordage, rope, twine and netting regionally, with demand reaching USD1.2 billion in 2022. The total number of companies increases in 2022, to 7,527 units. The costs of the industry decrease by 1.2% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 4.6% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 65.0% of total production output. With production value of USD2.9 billion, China accounts for 40.4% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Cordage, Rope, Twine and Netting in China: ISIC 1723. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cordage, Rope, Twine and Netting in China: ISIC 1723 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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