In 2023, Germany, France, and the United Kingdom held the top spots in Europe's Plumbing, Heat, and Air Conditioning Installation market. Germany led with a substantial turnover of €27.56 million, reflecting a moderate year-on-year increase of 5.15%. France showed remarkable growth at 13.76%, reaching €20.97 million. In contrast, Italy and Spain experienced downturns, with Italy decreasing by 3.73%.
Future trends to watch include the impact of energy efficiency standards and renewable energy technologies. Market growth is expected to be driven by robust policies to reduce carbon emissions and the rising adoption of smart home technologies, particularly in leading markets like Germany and France.
Top countries in Turnover of Plumbing, Heat and Air Conditioning Installation Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.56 | 2023 | +5.39% | +5.15% | View data |
| 2 | 2 France | 20.97 | 2023 | +11.81% | +13.76% | View data |
| 3 | 3 United Kingdom | 10.16 | 2023 | +1.92% | +1.64% | View data |
| 4 | 4 Italy | 6.56 | 2023 | -1.88% | -3.73% | View data |
| 5 | 5 Netherlands | 5.46 | 2023 | +5.6% | +6.6% | View data |
| 6 | 6 Poland | 4.15 | 2023 | +6.42% | +8.28% | View data |
| 7 | 7 Sweden | 3.81 | 2023 | +2.17% | +3.49% | View data |
| 8 | 8 Spain | 3.57 | 2023 | -4.65% | -2.94% | View data |
| 9 | 9 Austria | 3.15 | 2023 | +1.9% | +2.07% | View data |
| 10 | 10 Belgium | 2.68 | 2023 | +1.11% | +2.58% | View data |
