Fire Hose Market Share

APAC Market Statistics

The Asia Pacific fire hose market is poised to have the highest growth by the end of 2037, backed by growing urbanization. Asia's urban population is projected to increase by 50% by 2050. Hence, the demand for fire hose is growing in residential and non-residential sectors in Asia Pacific. Moreover, the various key players are setting up their facilities in countries such as Thailand, Malaysia, and Vietnam owing to the easy availability of skilled labor along with low-cost raw materials.

North America Market Forecast

The North America fire hose market is estimated to have remarkable growth over the forecast period. This region is highly prone to forest fire owing to its changing climate, further boosting demand for fire hose.