Flexible Growth: Emerging Opportunities in the Global Hoses Market

With increasing demand across fluid handling, robotics, healthcare, and industrial processes, hoses are branching into new territories. These opportunities are being driven by evolving customer needs and technological convergence.

According to Stratview Research, the hoses market was estimated at USD 26.0 billion in 2024 and is likely to grow at a healthy CAGR of 4.9% during 2025-2031 to reach USD 36.2 billion in 2031.

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Opportunities

  • Medical Hoses for Life Sciences: Biocompatible hoses are being used for patient care, diagnostics, and lab equipment.
  • EV Manufacturing Boom: Battery cooling systems, HVAC, and fluid circulation systems in electric vehicles require advanced hose systems.
  • Urban Mobility & Rail Transport: Lightweight hoses for brakes and air-conditioning are in demand in modern metro systems.
  • Customization-as-a-Service: Rapid prototyping and 3D-printed molds are enabling faster development of application-specific hoses.

Conclusion

The hose market is increasingly aligned with high-tech applications and smart cities. Companies investing in R&D and customer-centric innovation stand to benefit the most from these new growth pockets.

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