Australia Industrial Hose Market Outlook (2023-2029)| Size, COVID-19 IMPACT, Forecast, Analysis, Companies, Growth, Value, Share, Industry, Revenue & Trends

Market Forecast By Material (Natural Rubber, Nitrile Rubber, PVC, Silicone, Polyurethane, Others (EPDM, UPE)), By Media Type (Water, Oil, Hot Water and Steam, Air and Gas, Food and Beverage, Chemical), By Industry (Automotive, Infrastructure, Oil & Gas, Pharmaceuticals, Food & Beverages, Water & Wastewater, Others) And Competitive Landscape

Product Code: ETC359675	Publication Date: Aug 2022	Updated Date: May 2024	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Australia Industrial Hose Market Competition 2023

Australia Industrial Hose market currently, in 2023, has witnessed an HHI of 1344, Which has decreased slightly as compared to the HHI of 1354 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Australia Export Potential Assessment For Industrial Hose Market (Values in USD Thousand)

Australia Industrial Hose Market | Country-Wise Share and Competition Analysis

In the year 2021, the USA was the largest exporter in terms of value, followed by China. It has registered a growth of 19.9% over the previous year. While China registered a growth of 73.93% as compared to the previous year. In the year 2017 Areas, nes was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Australia has a Herfindahl index of 1355 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 1289 which signifies high competitiveness in the market.

Australia Industrial Hose Market - Export Market Opportunities

Topics Covered in the Australia Industrial Hose Market

The Australia Industrial Hose Market report thoroughly covers the market by material, by media type, and by industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Australia Industrial Hose Market Synopsis

Australia Industrial Hose Market has been growing steadily owing to the strong demand from various industries. Generally, industrial hoses are used for conveying liquids, solids, and gases in mining, agriculture, construction, and other applications. The key factors behind this growth are increasing infrastructure development projects across the country. Additionally, advancements in technology have resulted in improved manufacturing processes and product innovations. This allows manufacturers to produce high-quality industrial hoses with better durability and performance. The Australia industrial hose industry witnessed continued growth due to increasing demand from key industries coupled with technological advancements that enable greater efficiency.

According to 6Wresearch, the Australia Industrial Hose Market is expected to grow at a rapid pace during the forecast period 2023-2029. The Australia Industrial Hose Market Size is expected to register steady growth in the upcoming years. The market drivers are particularly from the industries that require industrial hoses such as mining, agriculture, oil and gas, construction, and others. Also, with increasing investments in infrastructure development projects by the government, there will be a growing demand for industrial hoses in Australia. However, the supply chain disruptions in raw materials availability and increased costs due to logistics issues have led to higher pricing levels within this sector. Despite these challenges though new opportunities have arisen such as developments in hose technology power management systems offering improved product quality alongside longer service life which are being adopted by end-users.

COVID-19 Influence on the Australia Industrial Hose Market

The COVID-19 pandemic has had a substantial effect on the overall size of Australia Industrial Hose Market, with several challenges faced by key players in this industry. The decrease in demand from end-use industries impacted the Australia Industrial Hose Market Growth. The key factors hindering market growth include supply chain disruptions, reduced production capacities, and labor shortages. However, as certain manufacturing sectors have slowly started to recover and adapt to new ways of working during these unprecedented times, there is a potential for growth in this sector.

Leading players in the Australia Industrial Hose Market

The Australia Industrial Hose Market is highly competitive, with several key players operating in the market. Some of the key players include;

Gates Corporation
Eaton Corporation
ContiTech AG
Australian Soil include Parker Hannifin Corp.
Trelleborg AB Group (Trelleborg Fluid Handling Solutions)
RYCO Hydraulics Pty Ltd.
Pirtek Fluid Systems Pty Ltd., etc.

The Future of the Australia Industrial Hose Market

The Australia Industrial Hose Market size is constantly thriving with continued industrialization across manufacturing, mining, construction, and oil and gas sectors which is expected to drive the demand for industrial hoses. The government's focus on infrastructure development will further drive demand for industrial hoses. The industry is witnessing technological advancements in hose manufacturing, leading to the development of more durable and efficient hoses. Australia has a strong manufacturing and mining sector, which presents export opportunities for industrial hose manufacturers. With the expansion of global trade, the manufacturers of Australia can tap into international markets, further driving the growth of the industrial hose industry.

Market Analysis by Material

According to Vasudha, Senior Research Analyst, 6Wresearch, the Natural Rubber segment is anticipated to grow massively owing to its wide usage and excellent abrasion resistance and flexibility.

Key attractiveness of the report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2019 to 2022.
Base Year: 2022.
Forecast Data until 2029.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report:

Australia Industrial Hose Market Outlook
Market Size of Australia Industrial Hose Market, 2022
Forecast of Australia Industrial Hose Market, 2029
Historical Data and Forecast of Australia Industrial Hose Revenues & Volume for the Period 2019 - 2029
Australia Industrial Hose Market Trend Evolution
Australia Industrial Hose Market Drivers and Challenges
Australia Industrial Hose Price Trends
Australia Industrial Hose Porter's Five Forces
Australia Industrial Hose Industry Life Cycle
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Material for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Natural Rubber for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Nitrile Rubber for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By PVC for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Silicone for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Polyurethane for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Others (EPDM, UPE) for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Media Type for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Water for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Oil for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Hot Water and Steam for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Air and Gas for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Food and Beverage for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Chemical for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Industry for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Automotive for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Infrastructure for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Oil & Gas for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Pharmaceuticals for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Food & Beverages for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Water & Wastewater for the Period 2019 - 2029
Historical Data and Forecast of Australia Industrial Hose Market Revenues & Volume By Others for the Period 2019 - 2029
Australia Industrial Hose Import Export Trade Statistics
Market Opportunity Assessment By Material
Market Opportunity Assessment By Media Type
Market Opportunity Assessment By Industry
Australia Industrial Hose Top Companies Market Share
Australia Industrial Hose Competitive Benchmarking By Technical and Operational Parameters
Australia Industrial Hose Company Profiles
Australia Industrial Hose Key Strategic Recommendations