China's double-layer hose market is expected to exceed 5.23 billion yuan in 2025: According to relevant reports, China's double-layer hose market has reached about 3.86 billion yuan in 2023, and it is expected to exceed 5.23 billion yuan by 2025, and the annual compound growth rate will remain at About 12.8%. All-plastic co-extruded hoses are gaining the favor of more and more brands because of their better recyclability, lightweight advantages and environmental compliance. It is expected that their market share will increase from the current 28% to about 38% by 2025.
