The market size value per capita for twine, cordage, rope, or cables of sisal or other textile fibers in France has shown fluctuating growth since 2013. By 2023, the value stood at €0.37 per capita. Notably, the market witnessed a decline in 2020, reducing by approximately 16.2% compared to 2019, before recovering back to €0.37 in the years following. The compound annual growth rate (CAGR) from 2019 to 2023 is approximately 0%, indicating a stabilization post the volatile period around 2020.
Future trends to watch for:
- The impact of sustainability trends which may increase demand for natural fibers like sisal.
- Technological advancements in production efficiency.
- Global economic conditions affecting the raw material supply chain and pricing.
- Potential shifts in consumer preference due to increased environmental awareness.
