The global Water Hose Market size was robust in 2021 and is expected to register a steady revenue CAGR over the forecast period. Growing consumer interest in gardening activities, particularly in light of the COVID-19 situation, is increasing demand for gardening equipment like as flexible garden hoses. A garden hose is known to eliminate the need to carry heavy watering cans from the water connection to the garden. Furthermore, increased working population and urbanization might raise prevalence of irritation, headache, stomach discomfort, and heart attack, and exacerbate pre-existing physical conditions. However, in recent years, gardening has emerged as a stress-relieving pastime. Gardening may also be utilized as a way to increase food security and nutrition in the home. Home gardens have garnered a lot of attention as well. The number of individuals growing organic food in their gardens is growing, particularly in industrialized nations, and there may be a need for garden supplies such as flexible garden pipes in the coming years.
As a result, growing number of gardening activities is driving the flexible garden pipes market revenue growth during the forecast period. Watering the yard and grass may be a breeze with a flexible garden hose. The garden hose may also be used to swiftly and conveniently clean garden tools, garden furniture, bicycles, and sports and play equipment. Flexible garden hoses that have been NSF and FDA-approved are suitable for drinking water for dogs and may be used to fill a water pool of a child. Hoses are produced from a variety of materials, ranging from low-cost vinyl to durable rubber to unique mixes intended for particular reasons such as kink resistance, weight reduction, or longevity.
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Major Companies:
- Eaton (Ireland)
- Parker Hannifin Corp (U.S.)
- RYCO Hydraulics (Australia)
- Kurt Manufacturing (U.S.)
- NORRES Schlauchtechnik GmbH (Germany)
- Transfer Oil S.p.A (Italy)
- ContiTech AG (Germany)
- Kanaflex Corporation Co., Ltd. (Japan)
- Pacific Echo (U.S.)
- Colex International Limited (U.K.)
- Gates Corporation (U.S.)
- Semperit AG Holding (Austria)
- Kuriyama of America, Inc. (U.S.)
- Titeflex (U.S.)
- Trelleborg Group (Sweden)
- Flexaust Inc. (U.S.)
Strategies and Objectives of Two Major Companies in The Hose Market:
- Eaton:
- Acquisition strategy: In February 2020, Eaton acquired Power Distribution Inc., one of the leading producers of domestic and industrial hoses, to expand its product portfolio and strengthen its position in the market.
- Revenue growth: Eaton's acquisition of Power Distribution is aimed at increasing its sales revenue by adding new products to its portfolio and leveraging Power Distribution's customer base.
- Gates:
- Innovation strategy: In December 2019, Gates launched a new hydraulic hose MXG 4K in India, which provides maximum flexibility, is lightweight, has a compact form, and is ideal for the industrial and automotive replacement sectors. This shows Gates' commitment to product innovation and meeting the needs of its customers.
- Market expansion: By launching the MXG 4K hose, Gates aims to expand its market share in the industrial and automotive sectors in India, where there is a growing demand for hydraulic hoses that are lightweight and easy to use. This also shows Gates' commitment to expanding its global presence in the hose market.
Trends:Top of Form
- Growing popularity of flexible garden hoses: The demand for flexible garden hoses is increasing due to the convenience they offer in gardening activities, as they eliminate the need to carry heavy watering cans from the water connection to the garden.
- Increasing demand for drinking water hoses: Hoses that are NSF and FDA-approved for drinking water are becoming more popular, as they can be used for drinking water for pets and filling up children's water pools.
- Rising interest in organic gardening: With the growing interest in organic gardening, the demand for garden supplies, such as flexible garden hoses, is also increasing.
- Technological innovations: Innovations in materials and design are leading to the development of hoses that are kink-resistant, lightweight, and durable, which are becoming increasingly popular.
- Eco-friendly options: Eco-friendly hoses made from materials such as recycled rubber or polyurethane are becoming popular, as they are more sustainable and better for the environment.
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