Manufacturing Components

Hoses: Market Size, Growth & Forecast to 2030

The Hoses market is valued at about $38.5 billion (2026) and is projected to grow at a 4.6% CAGR through 2030. The largest cost driver is Raw materials (rubber, plastics, metals) (45% of spend). Asia Pacific leads demand at 40%.

Market size
$38.5 bn (2026)
CAGR to 2030
+4.6%
Buyer power
Favours buyers
Tracked suppliers
25
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 4.6% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 125

Cost structure

Raw materials (rubber, plastics, metals)
45%
Labor and extrusion manufacturing
20%
Energy and utilities
15%
Logistics and freight
15%
SG&A and overhead
5%

Regional demand split

Asia Pacific demand
40%
North America demand
25%
Europe demand
20%
Middle East & Africa demand
5%
Rest of world demand
10%

Key suppliers

Gates CorporationParker Hannifin CorporationDanfossContinental AGTrelleborg ABSemperit AG HoldingEaton Corporation
Read the full Hoses report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/hoses