The Industrial Hose Market size is expected to reach US$ 27,399.42 million by 2031 from US$ 14,659.29 million in 2024. The market is estimated to register a CAGR of 9.6% during 2025–2031. The development of innovative materials in hose manufacturing is likely to bring new trends to the market in the coming years.
A recent socio-economic study by Water Europe has highlighted the need for US$ 290.48 billion in water investments over the next six years to safeguard Europe’s economy and promote environmental sustainability. This study emphasizes the importance of robust water management in addressing the threat of water scarcity, which currently affects 38% of the EU population. Semiconductors, data centers, renewable hydrogen, and electric vehicle battery production sectors are particularly at risk, as they rely heavily on reliable water supplies. These four industries, valued at approximately US$ 218.71 billion, are projected to grow to nearly US$ 1.13 trillion by 2030. However, this growth will lead to a 2.6-fold increase in water demand, underscoring the necessity for sustainable water management practices. As industries expand and their water needs increase, the demand for efficient fluid transfer solutions will rise, directly impacting the industrial hose market
Hoses are flexible tubes used to transfer gases, liquids, and solids from one point to another. In industrial setups, they are used to transfer liquid chemicals, waste gases, water, beverages, production materials, debris, and dust. Industrial hoses are designed to handle air, water, food products, beverages, cement particles, dry materials, chemical materials, fuels, oil products, gases, etc. Rapid industrialization with investments in the water and wastewater treatment industries drives the growth of the industrial hose market.
The food and beverages industry is flourishing across countries due to rapid industrialization and investments by major overseas companies. According to the Department of Statistics Singapore, World Food Travel Association, sales of food & beverage (F&B) services rose 3.9% in November 2024 on a year-on-year basis, extending the 3.9% growth in October 2024. On a seasonally adjusted basis, sales of F&B services fell 2.0% in November 2024 compared to the previous month. Such a growth trend in the food and beverages industry is attracting new investments. According to the Ministry of Industry (Kemenperin), investments in the food and beverage (mamin) sector increased by 28% year over year to US$ 1.86 billion in Q3 2024. This investment consists of US$ 1.03 billion in domestic direct investment (DDI) and US$ 829.45 million in foreign direct investment (FDI). These new investments included the manufacturing of seasonings, ready-to-eat food, plant-based proteins, frozen meats and fruits, processed salmon, and healthy drinks. These investments were made by companies in Thailand, including Austrianova, ECOLAB, Emsland Asia Food Innovation Corp., Suntory Food & Beverage, TUV SUD, Ueno Science Tech Laboratory, Zoetis, and Bio Talk Technology.
The adoption of sewage cleaners, drain management machines, and other required equipment is rising with increasing urbanization. The governments are pushing their investment limits to support municipal departments with a better drainage system, which allows them to keep their states cleaner. In July 2023, the Gatesville City Council in the US (Texas) announced its approval for the purchase of a trailer-mounted sewer machine worth US$ 87,642.64. Such procurements and initiatives push the adoption of sewer and drain cleaning services and the utilization of industrial hoses. The governments are investing in developing new sewer and drainage infrastructure and upgrading old infrastructure. In 2023, the Tennessee Department of Environment and Conservation announced ~131 grants to improve water management infrastructure. One of the grants was given to the town of Nolensville to develop open channels, closed drainage systems, cross-drain culverts, and bridges. In January 2023, the EPA announced a US$ 500 million loan to improve wastewater and drinking water infrastructure in New Jersey. In January 2024, the Michigan Department of Environment, Great Lakes, and Energy (EGLE) announced grants worth US$ 67.1 million for the MI Clean Water Plan to help Michigan communities upgrade water infrastructure. The main object of the project is to reduce sewage overflows into Lake St. Clair and maintain drinking water service lines in communities. In June 2024, Anglian Water, the water company, announced that an additional provision of US$113.91 million from shareholders was invested into clever technology. The company announced more than 100 new roles to create a ‘spills taskforce’ and improvements to the company’s sewer network. The existing water systems are grappling with the challenges posed by aging pipelines, treatment plants, and distribution networks, boosting the demand for sewer and drain cleaning services and the application of industrial hoses.
Key segments that contributed to the derivation of the Industrial Hose Market analysis are material type and industry vertical.
The Industrial Hose Market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM). Asia Pacific dominated the market in 2024, followed by North America and Europe.
China generates a significant demand for industrial hoses owing to the expanding automotive industry in the country. Vehicle manufacturers in the country are investing resources in the expansion of their plants. In July 2024, China’s BYD Ltd. opened an electric vehicle manufacturing plant in Thailand to magnify its regional presence. The factory creates a demand for various types of industrial hoses.
The regional trends and factors influencing the Industrial Hose Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Industrial Hose Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 14,659.29 Million |
| Market Size by 2031 | US$ 27,399.42 Million |
| Global CAGR (2025 - 2031) | 9.6% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Material Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Industrial Hose Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Industrial Hose Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Industrial Hose Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the market are listed below:
The "Industrial Hose Market Size and Forecast (2025–2031)" provides a detailed analysis of the market covering the areas mentioned below:
1) Surging Demand in Food and Beverages Industry 2) Increasing Investments in Manufacturing Sector 3) Rising Investments in Water Treatment Plants Globally 4) Extensive Applications of Industrial Hoses in the Automotive Industry
The industrial hose market was valued at US$ 14,659.29 million in 2024; it is expected to register a CAGR of 9.6% during 2025–2031.
The key players operating in the industrial hose market include Eaton Corporation, Novaflex Inc., Parker Hannifin Corp, Kuriyama of America Inc., Gates Corporation, Norres, ALFA GOMMA Spa, Sinopulse, Fu Sheng Rubber & Plastic Ind. Co., Ltd., and Semperit AG Holding.
The industrial hose market is expected to reach US$ 27,399.42 million by 2031.
Development of Innovative Materials in Hose Manufacturing