Milking Hose Market REPORT OVERVIEW
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The global milking hose market size was USD 301.5 million in 2021 and is projected to touch USD 499.46 million by 2031, exhibiting a CAGR of 5.2% during the forecast period.
The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Milking hose, also known as milk tube is a part of a modern farm milking machinery which is used to harvest milk from animals. They are specifically designed to transport milk and dairy products along with animal fats and vegetable oils. Such machines work in a way that prevents hand milking or calf suckling. A vacuum is placed inside the soft liner to massage the milk by creating pressure across teat canal. It is made up from different materials such as nitrile rubber, ethylene propylene diene monomer, and polyvinyl chloride.
The growing demand for such tube is due to increasing consumption of dairy products and rising popularity for technologically advanced products in the dairy industry. Population have been growing inclination towards dairy products and increasing consumption for milk. The use of such equipment is also due to increasing automation and lack of skilled workers and advanced milking machinery has boosted the demand globally. They are also used to transport milk and dairy products from one place to another.
COVID-19 Impact: Halt on Dairy Industry to Hinder Market Development
The effects of the COVID-19 pandemic are already being felt on a global level, the global milking hose market is noticeably influenced. In 2020, COVID-19 has had a negative impact on many markets. Several countries went into lockdown. With the sudden pandemic, all kinds of businesses observed disruptions. With many restrictions in the pandemic, different types of markets were negatively impacted. The demand for such equipment derives from dairy industry and the halt on the manufacturing and production facilities were halted that affected the demand. New and existing production of such tubes were also halted that created the supply gap in dairy industry. The transport of the milk and dairy products were also halted due less contact with animals to spread of pandemic amongst the animals.
LATEST TRENDS
"Adoption of Automation to Propel Market Development"
Growing trend for the adoption of automation is projected to increase the growth of the global market. Advancement of technology leading to automation is anticipated to stimulate the demand for the market. Recent business strategies by leading manufacturers of the market have adopted latest technologies to reduce the dependency on manual labor forces. There has been trend for automated machinery in the modern dairy equipment that reduced the dependency on labor forces. Targeting innovative products and technologies is expected to create opportunities for the market. Automation technology is expected to pose opportunity for the market growth and development.
Milking Hose Market SEGMENTATION
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- By Type
Based on type; the market is divided into rubber and silicone and PVC.
Rubber is the leading part of the type segment.
- By Application
Based on the application; the market is divided into milk tube and air tube.
Air tube is the leading part of the application segment.
DRIVING FACTORS
"Demand from the Product Among Dairy Farms to Increase Market Growth"
The global milking hose market growth is estimated to rise due to rising demand from the dairy farms. Increasing demand for milking hoses in dairy parlors and dairy farms to cater the rising demand for milk and dairy products is expected to augment demand for the market. They maximize the flow rates and yields in milking process while minimizing the risk of bacterial infection and contamination of the milk. They are made to comply with standards to ensure milk quality, proper sanitization, and prevents chemical contamination. Ever-increasing demand for dairy and dairy related products is anticipated to increase the demand for the product.
"Increase in the Size of Cattle Herds to Enlarge Demand "
The popularity of such equipment components also derives from increasing sizes of dairy farms. There has been an increase in demand for milk and milk products which has led to increase in the size of dairy farms. This has also led to an increase in size of the herds and milking systems and tools. Systems and tools that can extract milk from the cattle in large quantities at the same time. This is anticipated to augment the demand for the equipment and the components related to the equipment.
RESTRAINING FACTORS
"High Costs to Hamper Market Growth"
There are a number of factors that can push the growth of the market. Restraining factors such as high maintenance costs and prices and lack of standardization of the equipment. There can be difficulties in integration of the machines. The parts of related to such equipment are costly and requires high costs for maintenance. Such a factors are expected to reduce the demand for the product in the market.
Milking Hose Market REGIONAL INSIGHTS
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"North America to Dominate Market Owing to High Obesity Rates"
North America holds the largest part of the global milking hose market share due to high demand for dairy products. The growth in the region is also attributed to developed infrastructure and shift from human to machine. There is also deficit of skilled labors and increasing presence of prevalent players of the market in the region are some of the factors that are responsible for market growth. The dominance is also characterized by development and adoption of robotics technology and presence of robotics solutions providers.
KEY INDUSTRY PLAYERS
"Key Players to Boost Demand Leading to Market Growth"
The report delivers information about the list of market players and their working in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Trelleborg Group (Sweden)
- Saint-Gobain (France)
- DeLaval (Sweden)
- GEA (Germany)
- REHAU (Switzerland)
- BouMatic (U.S.)
- MILKRITE (U.K.)
- Skellerup (New Zealand)
- Terraflex (U.S.)
- Finger-Lakes Extrusion (U.S.)
- Lauren Agrisystems (U.S.)
- Kuriyama (U.S.)
- TBL Performance Plastics (U.S.)
REPORT COVERAGE
This research profiles a report with widespread studies that take into an explanation of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 301.5 Million in 2021 |
Market Size Value By |
US$ 499.46 Million by 2031 |
Growth Rate |
CAGR of 5.2% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the milking hose market expected to touch by 2031?
The global milking hose market is expected to reach USD 499.46 million by 2031.
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What CAGR is the milking hose market expected to exhibit by 2031?
The milking hose market is expected to exhibit a CAGR of 5.2% by 2031.
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Which are the driving factors of the milking hose market?
Drivers of this milking hose market are demand from demand from the product among dairy farms and increase in the size of cattle herds.
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Which are the top companies operating in the milking hose market?
Trelleborg Group, Saint-Gobain, DeLaval, GEA, REHAU, BouMatic, MILKRITE, Skellerup, Terraflex, Finger-Lakes Extrusion, Lauren Agrisystems, Kuriyama, and TBL Performance Plastics are the key companies operating in the milking hose market.