JCT(SH:603657) Chan Ye Xin Xi Wang·2026-01-09 01:37Core Viewpoint - The clean appliance hose market in China is experiencing significant growth, projected to increase from 1.1 billion yuan in 2019 to 1.7 billion yuan by 2024, with a compound annual growth rate (CAGR) of 8.4% driven by rising demand for clean appliances and improved living standards [1][6]. Industry Overview - Clean appliance hoses are flexible pipes that connect the main unit of cleaning appliances to accessories, affecting cleaning efficiency and user experience. They are primarily made from flexible materials and designed to minimize pressure loss during operation [2][3]. - The market for clean appliance hoses is expected to continue growing due to advancements in material science and manufacturing processes [6]. Industry Chain - The upstream of the clean appliance hose industry includes raw materials such as polyethylene, PVC, and various additives. The midstream involves the production of hoses, while the downstream encompasses the cleaning appliance sector, including vacuum cleaners, dishwashers, and washing machines [3][4]. Market Trends - The clean appliance market has shown an upward trend, with sales volume and revenue expected to rise significantly in 2024 due to policies like "old-for-new" exchanges and national subsidies. The sales volume is projected to increase by 22.8% to 30.35 million units, with revenue rising by 24.4% to 42.3 billion yuan [5]. - The vacuum cleaner market, a key application for clean appliance hoses, is expected to reach a market size of 43.2 billion yuan in 2024, reflecting a 12.5% year-on-year increase [5]. Competitive Landscape - The competitive landscape of the clean appliance hose industry is evolving, with increasing concentration as larger companies with advantages in scale, product quality, and technology gain market share. Key players include companies like Jinhua Chunguang Rubber and Plastic Technology Co., Ltd. and Hangzhou Taihe Plastic Co., Ltd. [7][8]. Development Trends - There is a trend towards high-end materials and structural upgrades in clean appliance hoses, with a shift from traditional PVC to high-performance polymers like TPU and silicone, enhancing durability and functionality [10]. - Customization is becoming a significant growth driver, with manufacturers responding to specific requirements for hose dimensions and designs to create differentiated products [11]. - The demand for environmentally friendly products is increasing, presenting opportunities for companies to develop eco-friendly hose solutions to meet consumer expectations [13].