The purpose of this study was to investigate an innovative hydroforming process for the cost-effective manufacturing of double layered tube with circumferentially corrugated patterns. Conventional double pipe heat exchanger has relatively poor heat transfer efficiency because of the limited contact area resulting from the concentrically arranged simple cylindrical structure. As a promising alternative to enhance heat transfer efficiency, double layered tube with corrugated internal pattern was considered in this study. To fabricate corrugated inner tube, innovative tube hydroforming system was developed. The customized loading paths were established using the simulated forming pressure and contracting stroke at various bar diameters. Experimentally obtained cross-sectional profiles were analyzed to evaluate the reliability and applicability of the hydroformed tube with various patterns. The results demonstrate that the proposed hydroforming process can be a feasible alternative for manufacturing high-performance double-tube heat exchangers.