Industrial Hose Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2

The industrial hoses market is estimated to grow at a healthy CAGR of 3.8% during the forecast period to reach a value of US$ 5.2 Billion in 2030. A hose is a flexible tube used to convey media for a specific purpose. Hoses are designed to convey fluids, gases, or granular materials from one location to another. They come in various sizes, lengths, and configurations, depending on the intended application.