Global Fire Hose Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Fire hose refers to several different types of hose specifically designed for use in fighting fires by carrying water or other fire retardants. The most common one consists of one or more outer layers of woven fabric with an inner layer of rubber. It is usually manufactured with threaded metal connections on each end. Unlike other hoses, most fire hose is designed to be stored flat to minimize the space required.
Market Overview:
The latest research study on the global Fire Hose market finds that the global Fire Hose market reached a value of USD 2653.74 million in 2022. It’s expected that the market will achieve USD 3554.24 million by 2028, exhibiting a CAGR of 4.99% during the forecast period.
Negative impact of Covid-19 on supply chain as well as market demand
The COVID-19 pandemic has created a number of challenges for industrial manufacturers globally, particularly those who rely on workers to work remotely. Amid plummeting oil prices and demand, supply chain bottlenecks, slowing spending and volatile credit markets, some major industrial companies have closed facilities and are considering the extent of layoffs to help contain the spread of the virus, as well as for economic reasons. Clearly, the manufacturing sector has been hard hit by the outbreak for two main reasons. First, many manufacturing jobs are performed on site and cannot be performed remotely. Second, the slowdown in economic activity has reduced the demand for industrial products in North America and globally. For fire hose companies, the suspension or slowdown of production activity in downstream companies will reduce demand for fire hose. At the same time, for fire hose companies that adopt a global supply chain strategy, the outbreak of COVID-19 has hampered the supply of raw materials for equipment.
Continuous innovation
Continuous innovation is one of the enduring trends in the fire hose industry. Due to the unique nature of fire hose applications, i.e., providing safety and security, buyers have high demands on the quality and performance of the fire hose. From residential to municipal, fire hose has different details required. When arriving at a fire scene, a more durable hose will prevent the possibility of damage during deployment. A more abrasion resistant outer jacket is critical to reducing the chance of puncture or failure when the hose is being dragged over concrete, sidewalks and other surfaces. The more resistant the hose is to twisting, the faster it can be installed. Easier and faster hose set-up on the fire scene will help firefighters reach the fire in the early stages of spread. Fire hose enterprises should take into account the user's all-round experience and constantly develop new products or new technologies. The trend in fire hose has been toward the use of lighter, stronger, lower-cost maintenance materials. This trend is expected to continue in the future as new materials and manufacturing methods are developed. Fire hose enterprises should clarify their market positioning and find the right market segment. In forming the product entity or in the process of offering the product, special elements should be created that are sufficiently different from other similar products to attract buyers and thus generate consumer preference and loyalty.
Fluctuations in the price of raw materials
As a manufactured product, the production of fire hose has the inherent characteristics of this industry, with raw material costs accounting for a high percentage of manufacturing costs. The risk of rising raw material prices and labor costs will limit the Company's operations. Therefore, the fluctuation of the unit price of raw materials will have a greater impact on the company's production costs. The company's raw materials are mainly divided into the outer and inner liner, the main material is various polymeric materials, rubber and plastics, all kinds of raw material types and specifications are numerous. If the future purchase price of raw materials continues to rise, the enterprise cannot digest the risk of price increases of raw materials through continued price increases, will have an adverse impact on the company's future operating results. In addition, human resources costs are also increasing year by year. In the future, as the fire hose business continues to expand and the level of economic development continues to increase, human resources costs will continue to rise, thereby affecting the Company's operating results.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Angus Fire is one of the major players operating in the Fire Hose market, holding a share of 1.06% in 2022.
Angus Fire
Angus Fire is a global leader in firefighting technology. Angus Fire, including Angus Flexible Pipelines, is located at the companys production facility in Bentham, North Yorkshire. Angus Fire is part of the Angus International Safety Group. The company maintains its position at the forefront of fire protection technology through continuous investment in research and development. Its unique combination of technical expertise in rubber and textile technology (fire hose), specialty chemicals (foam concentrates) and engineering design (firefighting equipment) has enabled it to achieve leading technology.
All-American Hose
Today, All-American Holdings, LLC is doing business as Snap-tite Hose. Their hose products range from the high-quality lay-flat jacketed and rubber fire hose to industrial large diameter hose and powerful and tough agricultural and drag hose. Snap-tite Hose and its related brands (Snap-tite Hose, Ponn, National Fire Hose, and Firequip) provide the highest quality hose for firefighting, industrial, and agricultural use, amongst others.
Segmentation Overview:
Among different product types, 1.2Mpa segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Industrial segment occupied the biggest share from 2017 to 2022.
Municipal Fire Service
Carry water or other fire retardants such as foam, municipal fire hose is used for fighting the fire in municipalities, which falls under three main categories, including jacketed hose, rubber-covered hose, and fire engine booster hose.
Industrial
Industrial fire hoses are used by trained plant personnel or fire departments at industrial facilities.
Commercial
Commercial fire hoses commonly found in commercial buildings, indoor fire hoses are hooked up directly to the building's standpipe or plumbing system.
Residential
Residential fire hose is a part of home firefighting system mainly applied in residential areas.
Key Companies in the global Fire Hose market covered in Chapter 3:
Guardian Fire Equipment
Delta Fire
Chhatariya Firetech
Newage Fire Protection
Angus Fire
Ziegler
National Fire Equipment
Jakob Eschbach
Dixon Valve & Coupling
Terraflex
Superior Fire Hose
North American Fire Hose
All-American Hose
Mercedes Textiles
Dragerwerk
Kuriyama of America, Inc.
Richards Hose
In Chapter 4 and Chapter 14.2, on the basis of types, the Fire Hose market from 2018 to 2029 is primarily split into:
0.8MPa
1.0MPa
1.2Mpa
1.6MPa
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fire Hose market from 2018 to 2029 covers:
Municipal Fire Service
Industrial
Commercial
Residential
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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