Hose Market To Reach $44.62 Billion By 2033 | CAGR: 4.7%

January 2026 | Report Format: Electronic (PDF)

Hose Market Growth & Trends

The global hose market size is anticipated to reach USD 44.62 billion by 2033 and is projected to grow at a CAGR of 4.7% from 2026 to 2033, according to a new report by Grand View Research, Inc. The hose industry is a vital segment of the global industrial and commercial equipment landscape, supporting the efficient transfer of fluids and materials across a wide range of end-use industries. Hoses are used to convey liquids, gases, and semi-solids in applications ranging from low-pressure domestic uses to high-pressure industrial and hydraulic systems. The market comprises multiple material types, including rubber, PVC, thermoplastics, and composite hoses, each designed to meet specific performance requirements related to pressure, temperature, chemical resistance, and flexibility.

Market expansion is primarily driven by accelerating industrialization, large-scale infrastructure development, and growing mechanization in both developed and emerging economies. Construction and infrastructure projects generate substantial demand for hoses in concrete pumping, water distribution, dewatering, and dust suppression activities. In parallel, the agriculture sector contributes significantly through irrigation, spraying, and water management applications, particularly in regions facing water scarcity and climate variability. The automotive sector also plays a significant role, supported by original equipment demand and a robust aftermarket driven by frequent hose replacement cycles.

The industrial manufacturing, oil & gas, and chemical processing industries are key contributors to value growth due to their reliance on high-performance hoses that can operate under extreme conditions. Increasing safety regulations and operational efficiency requirements are pushing industries to replace conventional hoses with certified, durable, and leakage-resistant solutions. Moreover, fast-growing sectors such as pharmaceuticals, food & beverage, and biotechnology are driving demand for hygienic, contamination-free hose systems, further expanding the application base.

Technological advances continue to reshape the competitive landscape of the hose industry. Manufacturers are investing in advanced reinforcement technologies, lightweight and high-strength materials, and customized hose assemblies to meet the evolving needs of their customers. Sustainability is becoming a significant focus, with increased adoption of recyclable materials and longer-life products to reduce environmental impact. Regionally, Asia Pacific dominates due to rapid industrial growth and manufacturing expansion, while North America and Europe remain mature markets characterized by high-quality standards and strong replacement demand.

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Hose Market Report Highlights

Based on rubber, the rubber segment led the market with the largest revenue share of 39.2% in 2025, due to its superior flexibility, durability, and resistance to abrasion, pressure, and extreme temperatures.
Based on application, the construction & infrastructure segment led the market with the largest revenue share of 20.1% in 2025, driven by large-scale urbanization and infrastructure development projects.
Asia Pacific dominated the global market with the largest revenue share of 39.4% in 2025, due to rapid industrialization and infrastructure development.