Blog

Mar 13, 2025

China's Plastic Hoses and Hose Fittings Market to Exhibit 1.7% CAGR Growth until 2035 - News and Statistics - IndexBox

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform. IndexBox has just published a new report: China - Plastic Hoses and Hose Fittings - Market

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

IndexBox has just published a new report: China - Plastic Hoses and Hose Fittings - Market Analysis, Forecast, Size, Trends and Insights.

The plastic hoses and hose fittings market in China is on a growth trajectory driven by increasing demand. Projections suggest a +1.7% CAGR in both volume and value terms from 2024 to 2035, culminating in a market volume of 2.1M tons and a value of $9.4B by the end of 2035.

Driven by increasing demand for plastic hoses and hose fittings in China, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.7% for the period from 2024 to 2035, which is projected to bring the market volume to 2.1M tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.7% for the period from 2024 to 2035, which is projected to bring the market value to $9.4B (in nominal wholesale prices) by the end of 2035.

Plastic hose and hose fitting consumption in China contracted slightly to 1.8M tons in 2024, declining by -2.1% on the year before. The total consumption volume increased at an average annual rate of +2.4% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2022 when the consumption volume increased by 8.9%. As a result, consumption reached the peak volume of 1.9M tons. From 2023 to 2024, the growth of the consumption remained at a lower figure.

The revenue of the market for plastic hoses and hose fittings in China contracted to $7.8B in 2024, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.7% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastic hose and hose fitting consumption peaked at $8.7B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

Plastic hose and hose fitting production in China reached 2.3M tons in 2024, increasing by 1.7% compared with the previous year. The total output volume increased at an average annual rate of +3.5% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 18% against the previous year. Over the period under review, production reached the peak volume at 2.3M tons in 2022; afterwards, it flattened through to 2024.

In value terms, plastic hose and hose fitting production rose slightly to $10.5B in 2024 estimated in export price. In general, the total production indicated temperate growth from 2013 to 2024: its value increased at an average annual rate of +3.9% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production decreased by -3.2% against 2022 indices. The most prominent rate of growth was recorded in 2016 with an increase of 18%. Over the period under review, production attained the peak level at $10.8B in 2022; however, from 2023 to 2024, production failed to regain momentum.

In 2024, overseas purchases of plastic hoses and hose fittings were finally on the rise to reach 31K tons after two years of decline. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. As a result, imports attained the peak of 51K tons. From 2017 to 2024, the growth of imports remained at a lower figure.

In value terms, plastic hose and hose fitting imports dropped to $619M in 2024. Overall, total imports indicated a moderate increase from 2013 to 2024: its value increased at an average annual rate of +3.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -21.0% against 2021 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of $784M. From 2022 to 2024, the growth of imports failed to regain momentum.

In 2024, Taiwan (Chinese) (9.8K tons) constituted the largest supplier of plastic hose and hose fitting to China, accounting for a 32% share of total imports. Moreover, plastic hose and hose fitting imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (3.7K tons), threefold. Japan (3K tons) ranked third in terms of total imports with a 9.5% share.

From 2013 to 2024, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.5% per year) and Japan (-3.4% per year).

In value terms, the largest plastic hose and hose fitting suppliers to China were the United States ($132M), Japan ($106M) and Germany ($91M), with a combined 53% share of total imports. South Korea, Taiwan (Chinese), Singapore, Vietnam, Italy, France, Thailand and Peru lagged somewhat behind, together comprising a further 27%.

Peru, with a CAGR of +12,794.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Other plastic tubes, pipes and hoses (14K tons), flexible tubes, pipes and hoses of plastics, without fittings (12K tons) and flexible tubes, pipes and hoses of plastics, with fittings (3.1K tons) were the main products of plastic hose and hose fitting imports to China, with a combined 91% share of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by flexible tubes, pipes and hoses of plastics, with fittings (with a CAGR of +5.6%), while imports for the other products experienced mixed trend patterns.

In value terms, flexible tubes, pipes and hoses of plastics, without fittings ($322M) constituted the largest type of plastic hoses and hose fittings supplied to China, comprising 52% of total imports. The second position in the ranking was taken by other plastic tubes, pipes and hoses ($149M), with a 24% share of total imports. It was followed by flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa, with an 18% share.

From 2013 to 2024, the average annual growth rate of the value of flexible tubes, pipes and hoses of plastics, without fittings imports amounted to +5.6%. With regard to the other supplied products, the following average annual rates of growth were recorded: other plastic tubes, pipes and hoses (+1.9% per year) and flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa (+0.3% per year).

The average import price for plastic hoses and hose fittings stood at $19,932 per ton in 2024, reducing by -19.1% against the previous year. Overall, import price indicated a perceptible increase from 2013 to 2024: its price increased at an average annual rate of +2.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 61%. Over the period under review, average import prices hit record highs at $24,628 per ton in 2023, and then contracted notably in the following year.

There were significant differences in the average prices amongst the major supplied products. In 2024, the product with the highest price was flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa ($38,511 per ton), while the price for other plastic tubes, pipes and hoses ($10,383 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by flexible tubes, pipes and hoses of plastics, without fittings (+6.0%), while the prices for the other products experienced mixed trend patterns.

The average import price for plastic hoses and hose fittings stood at $19,932 per ton in 2024, reducing by -19.1% against the previous year. Overall, import price indicated pronounced growth from 2013 to 2024: its price increased at an average annual rate of +2.4% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the peak figure at $24,628 per ton in 2023, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was the United States ($94,270 per ton), while the price for Peru ($1,408 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the United States (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

In 2024, approx. 572K tons of plastic hoses and hose fittings were exported from China; surging by 16% compared with 2023 figures. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 84%. Over the period under review, the exports reached the peak figure in 2024 and are likely to see steady growth in years to come.

In value terms, plastic hose and hose fitting exports rose modestly to $2.3B in 2024. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked in 2024 and are likely to see steady growth in the immediate term.

The United States (83K tons), Thailand (45K tons) and Vietnam (26K tons) were the main destinations of plastic hose and hose fitting exports from China, together comprising 27% of total exports. Russia, Indonesia, Australia, India, Ghana, the Philippines, Nigeria and Malaysia lagged somewhat behind, together comprising a further 21%.

From 2013 to 2024, the biggest increases were recorded for Ghana (with a CAGR of +32.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($467M) remains the key foreign market for plastic hoses and hose fittings exports from China, comprising 21% of total exports. The second position in the ranking was held by Thailand ($108M), with a 4.8% share of total exports. It was followed by Vietnam, with a 4.1% share.

From 2013 to 2024, the average annual rate of growth in terms of value to the United States amounted to +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+13.6% per year) and Vietnam (+16.3% per year).

Other plastic tubes, pipes and hoses (381K tons) was the largest type of plastic hoses and hose fittings exported from China, with a 63% share of total exports. Moreover, other plastic tubes, pipes and hoses exceeded the volume of the second product type, flexible tubes, pipes and hoses of plastics, without fittings (118K tons), threefold. The third position in this ranking was taken by flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa (66K tons), with an 11% share.

From 2013 to 2024, the average annual rate of growth in terms of the volume of other plastic tubes, pipes and hoses exports stood at +8.8%. With regard to the other exported products, the following average annual rates of growth were recorded: flexible tubes, pipes and hoses of plastics, without fittings (+16.4% per year) and flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa (+4.6% per year).

In value terms, other plastic tubes, pipes and hoses ($1.4B) remains the largest type of plastic hoses and hose fittings exported from China, comprising 57% of total exports. The second position in the ranking was taken by flexible tubes, pipes and hoses of plastics, without fittings ($455M), with a 19% share of total exports. It was followed by flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa, with a 14% share.

From 2013 to 2024, the average annual growth rate of the value of other plastic tubes, pipes and hoses exports stood at +7.3%. With regard to the other exported products, the following average annual rates of growth were recorded: flexible tubes, pipes and hoses of plastics, without fittings (+13.4% per year) and flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa (+6.1% per year).

In 2024, the average export price for plastic hoses and hose fittings amounted to $3,963 per ton, declining by -10.8% against the previous year. In general, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 46% against the previous year. As a result, the export price reached the peak level of $6,298 per ton. From 2017 to 2024, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the product type; the product with the highest price was flexible tubes, pipes and hoses of plastics, with fittings ($5,867 per ton), while the average price for exports of other plastic tubes, pipes and hoses ($3,557 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for the following types: flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ 27,6 MPa (+1.4%), while the prices for the other products experienced a decline.

The average export price for plastic hoses and hose fittings stood at $3,963 per ton in 2024, which is down by -10.8% against the previous year. Over the period under review, the export price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2016 an increase of 46% against the previous year. As a result, the export price attained the peak level of $6,298 per ton. From 2017 to 2024, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($5,988 per ton), while the average price for exports to Ghana ($1,813 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for plastic hose and hose fitting in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and Its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Exports

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles