In 2023, the import volume of flexible plastic tubes or hoses, not reinforced and without fitting, to Germany was approximately 54 million kilograms. The forecast from 2024 to 2028 indicates a steady year-on-year increase in import volume, with average annual growth rates hovering around 2%. The anticipated Compound Annual Growth Rate (CAGR) of 2.05% over the five-year period reflects a consistent rise in demand.
- Future trends to watch for:
- Increase in demand driven by advancements in packaging and production technologies.
- Potential regulatory changes concerning materials affecting market dynamics.
- Impact of sustainability initiatives promoting alternative materials.