Manufacturing Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Hoses
Overview
Market size
$18.5B
global, USD
CAGR
4.3%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
7
tracked players
Signals
12
3 high severity
Market outlook
2031$22.8B
What changed
Demand by region
Asia Pacific demand40%
North America demand25%
Europe demand20%
Middle East & Africa demand5%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Raw materials (rubber, plastics, metals)45%
Labor and extrusion manufacturing20%
Energy and utilities15%
Logistics and freight15%
SG&A and overhead5%
share of delivered cost (analyst estimate)