The UK electric water heaters and immersion heaters market saw fluctuations in per capita value, decreasing from €3.86 in 2015 to €3.76 in 2023. Notably, 2020 experienced a dip to €3.14, with a subsequent recovery by 2021. From 2019 to 2023, the market remained relatively stable, albeit with slight decreases year-on-year, showing a declining trend. The past five-year CAGR reveals a modest decline, averaging an annual reduction in market value.
Future trends to watch for include innovations in energy efficiency and potential increases in adoption due to environmental regulations, government incentives, and consumer awareness of sustainable energy solutions.
How does the United Kingdom rank in Electric Water Heaters and Immersion Heaters Market Size Value Per Capita?
| # | 8 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 7.58 | 2023 | View data | ||
| 2 | 2 Croatia | 5.23 | 2023 | View data | ||
| 3 | 3 Estonia | 4.69 | 2023 | View data | ||
| 4 | 4 United Kingdom | 3.76 | 2023 | |||
| 5 | 5 Poland | 2.55 | 2023 | View data | ||
| 6 | 6 Spain | 2.03 | 2023 | View data | ||
