Hose Pump Market Size, Share, Trends, Growth & Forecast 2034

Hose Pump Industry Perspective:

The global hose pump market size was worth around USD 8.89 billion in 2024 and is predicted to grow to around USD 14.89 billion by 2034, with a compound annual growth rate (CAGR) of roughly 4.80% between 2025 and 2034.

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Key Insights:

• As per the analysis shared by our research analyst, the global hose pump market is estimated to grow annually at a CAGR of around 4.80% over the forecast period (2025-2034)
• In terms of revenue, the global hose pump market size was valued at around USD 8.89 billion in 2024 and is projected to reach USD 14.89 billion by 2034.
• The hose pump market is projected to grow at a significant rate due to the be driven by the rising applications of the positive displacement pump in the food & beverages sector.
• Based on the type, the squeeze pumps segment is growing at a high rate and will continue to dominate the global market, as per industry projections
• Based on the application, the chemical industry segment is anticipated to command the largest market share
• Based on region, North America is projected to dominate the global market during the forecast period

Hose Pump Market: Overview

A hose pump is a type of positive displacement pump. It is used for pulsation-free and gentle delivery of gases or liquids. Hose pumps are also referred to as peristaltic squeeze pumps or peristaltic pumps. According to industry research, hose pumps are preferred among end-user industries because they allow hygienic pumping, as the medium comes in contact with only the inner wall of the hose. Peristaltic pumps thus prevent contamination of the medium by the pump. During the forecast period, demand for hose pumps is likely to witness new heights driven by several favorable factors.

For instance, diverse applications of hose pumps across growing end-user segments, such as food & beverages (F&B) and water treatment solutions, will propel higher revenue in the industry. On the other hand, the growing demand for smart hose pumps with intelligent features, such as remote control & monitoring, will fuel greater growth opportunities for the industry players. However, the industry is expected to come across multiple growth challenges due to complexities in offering customized solutions, supply chain disruptions in raw materials, and pricing pressures.

Hose Pump Market Dynamics

Growth Drivers

How will growing applications in the food & beverages sector fuel the hose pump market growth?

The global hose pump market is expected to be driven by the rising applications of the positive displacement pumps in the food & beverages sector. Industry research confirms the efficiency of hose pumps in handling shear-sensitive and delicate fluids with high efficiency. In addition, hose pumps do not lead to liquid contamination, thus being highly popular in food or beverage processing systems. Food companies are actively seeking solutions that assist in ensuring food safety and regulatory compliance. Government initiatives promoting hygiene standards in food production facilities will further encourage the use of hose pumps. Growing global food & beverage demand, driven by increasing population, lifestyle changes, urbanization, and food globalization, is expected to drive higher revenue growth for hose pump producers.

Surging demand for mining-friendly hose pumps to create new growth avenues for the industry leaders

The mining industry is one of the largest consumers of hose pumps. The industry demands highly durable and robust peristaltic pumps that can withstand harsh operating conditions. The growing expansion of the mining sector worldwide will promote improved revenue in the industry for hose pumps. According to recent reports, investments in rare earth mining have increased over the last few years. For instance, in November 2025, India announced its intention to triple the size of its domestic manufacturing incentive for rare earths. The region is expected to increase the production scheme incentive to INR 7000 crore.

Similarly, in November 2025, Solvay, a leading chemicals company, announced a new deal to supply rare earths to the US-based producers of magnets. The company is expected to accelerate its production in France. The rapid expansion of the mining sector worldwide is a result of increased demand for end products, such as iron ore, copper, nickel, and lithium. These factors subsequently impact the global hose pump market growth trends.

Restraints

What will be the impact of pricing pressure on the hose pump industry revenue?

The global hose pump industry is projected to face several growth limitations due to pricing pressure. For instance, companies are facing hurdles in ensuring sustained profit as the cost of raw materials and production continues to rise. In addition, supply chain disruptions in raw materials and finished food further impact business operations. For instance, changes in geopolitical trade partnerships and increased tariffs create growth constraints for industry leaders.

Opportunities

Smart hose pumps with cutting-edge features to generate novel growth opportunities in the future

The global hose pump market is projected to generate growth opportunities due to rising demand for smart hose pumps that offer performance efficiency. These innovations can be registered in the form of integration with Internet of Things (IoT) technology and improved safety. For instance, in September 2025, Albin Pump announced the launch of the RT Series Peristaltic Pump. The novel offering in the pump market is designed to reduce environmental impact, simplify maintenance, prioritize safety, and optimize operational costs. The RT Series is integrated with FLUXDRIVE™ Technology. It will help reduce copper applications and energy consumption.

In January 2024, QED Environmental Systems, Inc., a leading producer of innovative environmental sampling products, launched the MicroPurge® MP100 peristaltic pump system designed for low-flow groundwater sampling and purging. The tool offers portal applications since it is equipped with drop tubing and disposable pump tubing.

Challenges

How will competition from alternative technologies challenge the hose pump market?

The global hose pump industry is expected to be challenged by the intense competition the industry faces from alternative solutions. Some of the prominent competing technologies include diaphragm pumps, centrifugal slurry pumps, lobe pumps, and gear pumps. Industry players are increasingly witnessing higher technological advancements in alternative solutions, leading to fragmented revenue. In addition, the industry also faces extreme competition within the market. The rising number of players operating on a domestic and global scale can lead to price wars and difficulty in ensuring long-term profit.

Hose Pump Market: Report Scope

Hose Pump Market: Segmentation

The global hose pump market is segmented based on type, application, and region.

Based on type, the global market is segmented into squeeze pumps and peristaltic pumps. In 2024, the highest demand was listed in the squeeze pump solutions. They are considered ideal for applications in heavy-duty industries such as industrial processing and mining. Furthermore, they are designed to handle viscous materials with ease. Peristaltic pumps are generally used to handle gentle fluids across industries such as water treatment facilities and food & beverage processing.  

Based on application, the global market is segmented into water treatment, chemical industry, food & beverages, mining, pharmaceuticals, and others. In 2024, around 31% of the total revenue was led by the chemical industry. Hose pumps are widely used across the chemical sector due to their efficiency in ensuring safe and precise transfer of harsh chemicals. The mining industry is expected to emerge as a critical player during the projection period as mining investments continue to see new heights.

Hose Pump Market: Regional Analysis

Why will North America emerge as the highest revenue generator in the hose pump market?

The global hose pump market will be led by North America during the forecast period, led by several positive influences. Growth in North America will emerge as a result of increasing investments in the regional mining sector. As per the latest findings, the US is now the largest mining investor in Africa, beating China. In October 2025, the US announced that it would buy a 10% stake in Trilogy Metals Inc.,  a Canadian minerals explorer, as part of a USD 35.6 million investment. The US plans to secure key mining and energy projects in Alaska with this collaboration.

Asia-Pacific is a prominent revenue generator for the global market, with India, China, and Japan acting as critical growth drivers. The presence of a robust, thriving chemical sector across Asian countries will fuel regional growth. China, for instance, is the world’s largest producer and supplier of everyday-use and rare chemicals catering to global clients.

In addition, ongoing investments to expand the regional mining sector, along with the steady growth in the F&B industry, will drive higher growth in the region. Furthermore, Asia-Pacific dominance in the global market will be influenced by the growing number of domestic producers of next-generation hose pumps as regional end-user demand continues to grow.

Hose Pump Market: Competitive Analysis

The global hose pump market is led by players like:

• NETZSCH
• Watson-Marlow
• ProMinent
• Verder (Verderflex)
• Wanner Engineering
• PSP Pumps
• IDEX Corporation
• Bredel
• Seko
• Graco
• Kiesel
• Albin Pump
• Randolph Austin
• Flowtech
• Cole-Parmer

Hose Pump Market: Key Market Trends

Expansion into emerging markets:

The industry players are rapidly expanding into emerging markets across Latin America, Asia-Pacific, and Africa. Developing economies in these regions are witnessing steady growth in the domestic water treatment, chemical, and mining industries, generating expansion possibilities for the market leaders.

Pharmaceutical and biotechnological applications

Hose pumps designed for specific applications during drug development and biotechnological research & studies are expected to become more popular in the coming years. The industries require hygienic and contamination-free methods of drug development, creating demand for hose pumps.

The global hose pump market is segmented as follows:

By Type

• Squeeze Pumps
• Peristaltic Pumps

By Application

• Water Treatment
• Chemical Industry
• Food & Beverages
• Mining
• Pharmaceuticals
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa