Global Layflat Hose Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Layflat Hose Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Layflat hoses are usually made of plastic, have very thin walls, are easy to fold and store, and are more flexible than rubber hoses. Layflat Hose's compact braided yarns and smooth inner and outer walls make these hoses resistant to most oxidizing and reducing agents and diluted acids and alkalis. Helps prevent rotting and wear, increasing longevity. Layflat Hose is suitable for seawater, industrial water, delivery of specific chemical solutions, flood clean-up, and other applications.

Market Overview:

The latest research study on the global Layflat Hose market finds that the global Layflat Hose market reached a value of USD 2075.94 million in 2022. It’s expected that the market will achieve USD 3204.9 million by 2028, exhibiting a CAGR of 7.51% during the forecast period.

Agricultural Demand for Layflat Hose Increases
Growing food demand has placed increased orders on agricultural activities leading to a surge in the use of Layflat Hose. In agriculture, low-pressure pipeline water delivery is a new type of irrigation, and its application rate continues to increase. Traditional farmland irrigation uses aqueducts to transport water to the fields, which has the problem of wasting water resources and energy consumption of water delivery facilities. The low-pressure pipeline water delivery system utilizes the pipeline network for water delivery, distribution, and irrigation, which can avoid water delivery loss and evaporation loss. Usually, the efficiency of pipeline water distribution and irrigation is twice as high as that of an open channel system. In addition, since most of the water pipes are buried underground, less cultivated land is occupied and the land utilization rate is improved. At present, agricultural pipeline irrigation mainly uses plastic pipes such as PVC pipes and PE pipes. Plastic pipes have the advantages of corrosion resistance, long life, and convenient transportation. With the scale of agriculture, the popularization of mechanization, and the improvement of water-saving requirements, there is a significant demand for plastic pipes. At the same time, to solve the problem of drinking water safety in rural areas, the government is also actively promoting the construction of plastic pipe networks. Hence, growing agricultural demand is driving the rapid growth of the Layflat Hose market.

Growing infrastructure development activity

Rapid urbanization drives the implementation of more and more infrastructure projects, thus creating the demand for Layflat Hoses. Already, urban areas are home to 55 percent of the world's population, a figure expected to grow to 68 percent by 2050, according to the United Nations. Most of the urbanization is expected to take place in the Asia-Pacific region and Africa. Rapid urbanization and industrialization are mainly driven by infrastructure development in the Asia Pacific. In 2022, about 65.2% of China's total population will live in cities. The Five-Year Plan (2020-2025) formulated by the Chinese government in 2020 focuses on promoting the integrated development of urban and rural areas and accelerates the extension of urban infrastructure, public services, and industrial chains. At the same time, intensive, intelligent, green, and low-carbon development is required, which marks the further improvement of China's urbanization quality. In contrast, only 35.4% of India's population will live in urban areas in 2021, which means that the country has a massive demand for infrastructure construction. Urbanization trends mainly affect the construction industry. The construction industry needs to transport different types of fluids from one location to another, and the economy, corrosion resistance, and flow rate of Layflat Hose can meet the requirements very well. The inner wall of the Layflat Hose is smooth and not easy to scale, so the water flow resistance is small, which is more suitable for drainage projects. Layflat Hose is lighter in material, has various connection methods, is easy to install, and can accept greater water flow strength. Moreover, metal pipes will be oxidized by oxides in the water under the action of water flow for a long time, the water quality will be polluted, the lines will be gradually corroded and become loose, and eventually lose their efficacy. But Layflat Hose is not easy to corrode and will not cause water pollution. Therefore, growing infrastructure development activity will continue to increase the demand for Layflat Hoses.

Raw material price fluctuations

Crude oil by-products are one of the main raw materials for the production of Layflat Hoses. Crude oil is a globally priced commodity, and fluctuations in raw material prices directly affect the profitability of Layflat Hose products. If the price of raw materials rises, it will lead to an increase in the company's overall production costs and a decrease in profits. During a period of frequent fluctuations in raw material prices, if changes in costs cannot be transmitted downstream promptly, the industry will face the risk of declining profit margins. The high-quality raw materials used in Layflat Hose's high-end products mainly rely on imports from Europe, America, Japan, South Korea, and other countries. The raw materials supplied by developing countries cannot meet the quality requirements of high-end products in the short term. If the primary raw material-producing countries change their import and export policies, it will have a relatively significant negative impact on Layflat Hose's high-end product manufacturers in some regions.

Region Overview:

In 2021, the share of the Layflat Hose market in Europe stood at 28.67%.

Company Overview:

ZYfire Hose, Mandals AS, 5ELEM HI-TECH were the top 3 players in the Layflat Hose market in 2022, taking up a market share of 6.35% together.

Segmentation Overview:

By type, TPU segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Agricultural segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Layflat Hose market covered in Chapter 3:

Mandals AS
Crusader Hose
Asoe
JGB Enterprises
Ponaflex
Orientflex
Midwest Hose Layflat
Tirupati Rubber Products
Parsch GMBH 
Pm Group
Woosung
ZYfire Hose
5ELEM HI-TECH
Sunhose
Plentirain
Dutron

In Chapter 4 and Chapter 14.2, on the basis of types, the Layflat Hose market from 2018 to 2029 is primarily split into:

PVC
TPU
NBR
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Layflat Hose market from 2018 to 2029 covers:

Agricultural
Mine
Construction
Oil & Gas
Residential
Others

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)