Global Flexible Tube Market is valued at approximately USD 1.8 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2023-2030. Flexible tubes are a specific kind of tubing designed to have the ability to bend and flex easily, making them suitable for applications where rigid tubing is not appropriate. These tubes are manufactured using a variety of materials including rubber, Polyvinyl Chloride (PVC), silicone, polyurethane, and other similar substances. The Flexible Tube Market is witnessing significant growth due to increasing demand from various industries such as automotive, aerospace, electronics, food & beverage, plumbing, and industrial sectors. The healthcare industry is also driving the demand for flexible tubes made from materials such as PVC, silicone, and polyurethane, primarily for their flexibility, biocompatibility, and fluid transportation capabilities.
The automotive industry's increasing demand for flexible tubes has significantly contributed to the market's growth. These tubes are utilized in automotive applications to transfer fluids such as fuel, coolant, or brake fluid. Thus, the growing automotive market is anticipated to create demand for the market. According to Statista, the global automotive manufacturing market was valued at about USD 2.86 trillion in 2021. The market is projected to grow to some USD 2.95 trillion in 2022. Additionally, the increase in demand for flexible tubes made from bio-based material and demand for eco-friendly solutions provide lucrative opportunities for the market. However, high risk of material weakening and failure stifling market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Flexible Tube Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to substantial urbanization, driven by a rising population and the growing need for housing, transportation, and infrastructure. North America is expected to grow significantly over the forecast period, owing to the biotechnology and pharmaceutical sectors heavily relying on scientific equipment, which has led to an increased demand for flexible tubes. Also, the growing automotive, aerospace, and healthcare industries in the region is supporting the market growth.
Major market player included in this report are:
- Flex Tubes
- Cole-Parmer Instrument Company
- Avantor, Inc.
- New Age Industries, Inc.
- Nordson Corporation
- Teknor Apex Company.
- Parker Hannifin Corporation
- Saint-Gobain
- Swagelok Company
- Spirax-Sarco Engineering plc
Recent Developments in the Market:
- In June 2023, TUBES, a prominent sampling partner for renowned wineries and spirits producers since 2015, unveiled "TUBES Revined." This innovative machine quickly divides wine and spirits into convenient single servings of 100ml or 50ml, right at your own location. Following a preview at ProWein 2023, this revolutionary solution for "bottle your own samples" is now open for pre-order.
Global Flexible Tube Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Material Type, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
- Plastics
- Rubber
- Metal
- Others
By Application:
- Healthcare
- Scientific equipment
- Automotive and Aerospace
- Food and Beverage
- Electronics
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Flexible Tube Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Flexible Tube Market, by Material Type, 2020-2030 (USD Billion)
- 1.2.3. Flexible Tube Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Flexible Tube Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Flexible Tube Market Dynamics
- 3.1. Flexible Tube Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rise in demand for flexible tubes in the healthcare industry
- 3.1.1.2. Increase in adoption of flexible tubes in automation and robotics
- 3.1.2. Market Challenges
- 3.1.2.1. High risk of material weakening and failure
- 3.1.2.2. Complications in troubleshooting, repair and maintenance
- 3.1.3. Market Opportunities
- 3.1.3.1. Increase in demand for flexible tubes made from bio-based material
- 3.1.3.2. Growing demand for eco-friendly solutions
Chapter 4. Global Flexible Tube Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Flexible Tube Market, by Material Type
- 5.1. Market Snapshot
- 5.2. Global Flexible Tube Market by Material Type, Performance - Potential Analysis
- 5.3. Global Flexible Tube Market Estimates & Forecasts by Material Type 2020-2030 (USD Billion)
- 5.4. Flexible Tube Market, Sub Segment Analysis
- 5.4.1. Plastics
- 5.4.2. Rubber
- 5.4.3. Metal
- 5.4.4. Others
Chapter 6. Global Flexible Tube Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Flexible Tube Market by Application, Performance - Potential Analysis
- 6.3. Global Flexible Tube Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Flexible Tube Market, Sub Segment Analysis
- 6.4.1. Healthcare
- 6.4.2. Scientific equipment
- 6.4.3. Automotive and Aerospace
- 6.4.4. Food and Beverage
- 6.4.5. Electronics
- 6.4.6. Others
Chapter 7. Global Flexible Tube Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Flexible Tube Market, Regional Market Snapshot
- 7.4. North America Flexible Tube Market
- 7.4.1. U.S. Flexible Tube Market
- 7.4.1.1. Material Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Flexible Tube Market
- 7.5. Europe Flexible Tube Market Snapshot
- 7.5.1. U.K. Flexible Tube Market
- 7.5.2. Germany Flexible Tube Market
- 7.5.3. France Flexible Tube Market
- 7.5.4. Spain Flexible Tube Market
- 7.5.5. Italy Flexible Tube Market
- 7.5.6. Rest of Europe Flexible Tube Market
- 7.6. Asia-Pacific Flexible Tube Market Snapshot
- 7.6.1. China Flexible Tube Market
- 7.6.2. India Flexible Tube Market
- 7.6.3. Japan Flexible Tube Market
- 7.6.4. Australia Flexible Tube Market
- 7.6.5. South Korea Flexible Tube Market
- 7.6.6. Rest of Asia Pacific Flexible Tube Market
- 7.7. Latin America Flexible Tube Market Snapshot
- 7.7.1. Brazil Flexible Tube Market
- 7.7.2. Mexico Flexible Tube Market
- 7.8. Middle East & Africa Flexible Tube Market
- 7.8.1. Saudi Arabia Flexible Tube Market
- 7.8.2. South Africa Flexible Tube Market
- 7.8.3. Rest of Middle East & Africa Flexible Tube Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Flex Tubes
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Cole-Parmer Instrument Company
- 8.3.3. Avantor, Inc.
- 8.3.4. New Age Industries, Inc.
- 8.3.5. Nordson Corporation
- 8.3.6. Teknor Apex Company.
- 8.3.7. Parker Hannifin Corporation
- 8.3.8. Saint-Gobain
- 8.3.9. Swagelok Company
- 8.3.10. Spirax-Sarco Engineering plc
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption