2025 Hose & Belt Manufacturing Industry Report

Industry Overview

This industry comprises establishments primarily engaged in manufacturing rubber hose and/or plastics (reinforced) hose and belting from natural and synthetic rubber and/or plastics resins. Establishments manufacturing garden hoses from purchased hose are included in this industry.
Source: US Census Bureau

Market Size and Industry Forecast

The Hose and Belt Manufacturing industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Hose & Belt Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Hose & Belt Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Hose & Belt Manufacturing
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Hose & Belt Manufacturing Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Hose & Belt Manufacturing Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Rubber and plastics hose and belting mfg.
Flat rubber and plastics belts and belting
Rubber & plastics transmission belts & belting other than flat
Motor vehicle rubber and plastics transmission belts & belting
All other rubber and plastics belts and belting other than flat
Rubber & plastics transmission belts & belting, not flat, nsk
Hose for on/off-highway motor vehicles (rubber/other materials)
Industrial rubber and plastics hose without fittings
Rubber and plastics water hose (incl. fire, irrigation, etc.)
Rubber and plastics garden hose (with or without fittings)

Hose & Belt Manufacturing Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	4%
Chief Executives	0%
General and Operations Managers	1%
Office and Administrative Support Occupations	7%
Installation, Maintenance, and Repair Occupations	8%
Other Installation, Maintenance, and Repair Occupations	5%
Production Occupations	66%
Assemblers and Fabricators	7%
Miscellaneous Assemblers and Fabricators	7%
Assemblers and Fabricators, All Other, Including Team Assemblers	7%
Metal Workers and Plastic Workers	9%
Other Production Occupations	45%
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders	12%
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders	12%
Miscellaneous Production Workers	20%
Tire Builders	15%

Government Contracts

The federal government spent an annual total of $8,616,368 on the hose & belt manufacturing industry. It has awarded 715 contracts to 221 companies, with an average value of $38,988 per company.

Top Companies in Hose & Belt Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)