Mobile Menu

Hose & Belt Manufacturing in Minnesota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MN32622

Hose & Belt Manufacturing in Minnesota industry analysis

The Hose & Belt Manufacturing industry in Minnesota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has stagnated an annualized x% to xx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to stagnate an annualized x% to xx workers, while industry wages are forecast to increase x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Hose & Belt Manufacturing in Minnesota Market Research Report

What’s Included in the Hose & Belt Manufacturing in Minnesota Market Research Report

Definition of the Hose & Belt Manufacturing in Minnesota?

Companies in this industry manufacture a range of plastic and rubber hoses and belts, including garden hoses. These products are then sold to manufacturers; coal, oil and gas industries; and the automotive manufacturing market. The industry includes the manufacturing of plastic tubing, rubber tubing and fluid power hose assemblies.

What’s included in the Hose & Belt Manufacturing in Minnesota?

The Hose & Belt Manufacturing in Minnesota includes rubber or plastic garden hose manufacturing, rubber or plastic hydraulic hose (without fittings) manufacturing, rubber or plastic motor vehicle belt manufacturing, rubber or plastic motor vehicle hose manufacturing, rubber or plastic pneumatic hose (without fittings) manufacturing, rubber or plastic radiator and heater hose manufacturing, rubber or plastic transmission, fan and timing belt manufacturing, rubber or plastic vacuum cleaner belt manufacturing and rubber or plastic v-belt manufacturing. Related terms covered in the Hose & Belt Manufacturing in Minnesota industry report includes an economic concept that refers to reductions in unit cost as the size of a facility and the usage levels of other inputs increase, companies that manufacture products or components that are purchased by a company and retailed under the purchasing company's brand name and demand for auto parts and accessories after the sale of a vehicle has occurred.

Industry Performance of the Hose & Belt Manufacturing industry in Minnesota

Benchmark the Hose & Belt Manufacturing in Minnesota industry performance with all MN county and national performance.

Hose & Belt Manufacturing in Minnesota

#31 in Highest Revenue 0.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Hose & Belt Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Hose & Belt Manufacturing industry in Minnesota

See how key industry drivers, such as population, private investment in non-residential construction, gross state product, industrial production index, new car sales and trade-weighted index are impacting Hose & Belt Manufacturing in Minnesota

Minnesota Economic Indicators

Population
Private Investment in Non-Residential Construction
Gross State Product

View more economic information in MN State Economic profile

US Key External Drivers

Industrial production index
New car sales
Trade-weighted index

For the full list of industry drivers, see report purchase options.

County Data of the Hose & Belt Manufacturing industry in Minnesota

Access proprietary data on county in the Hose & Belt Manufacturing in Minnesota, such as Dakota County, Douglas County and Ramsey County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Hose & Belt Manufacturing industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Hose & Belt Manufacturing industry in Minnesota in 2025?

The market size of the Hose & Belt Manufacturing industry in Minnesota is $14.6m in 2025.

How many businesses are there in the Hose & Belt Manufacturing industry in Minnesota in 2025?

There are 3 businesses in the Hose & Belt Manufacturing industry in Minnesota, which has been declining at an average annual rate of -5.6% from 2020 to 2025.

Has the Hose & Belt Manufacturing industry in Minnesota grown or declined over the past 5 years?

The market size of the Hose & Belt Manufacturing industry in Minnesota has been growing at an average annual rate of 3.6% from 2020 to 2025.

How many employees in the Hose & Belt Manufacturing industry in Minnesota in 2025?

There are 59 employees in the Hose & Belt Manufacturing industry in Minnesota, which has been declining at an average annual rate of 0.0% from 2020 to 2025.