The market for central heating radiators and boilers in France demonstrated fluctuating yet overall declining performance. Marked improvements were seen in 2015 and 2019, with significant year-on-year growth of 17.04% and 20.4%, respectively. However, from 2020 to 2023, values decreased with an average CAGR of –2.93%, and the turnover stood at 1.2 billion Euros in 2023. Future projections from 2024 onward suggest a continuous decline, reaching an estimated 0.9828 billion Euros by 2028, reflecting a forecasted 5-year CAGR of –3.18% and an overall drop of 14.92%.
Future trends to watch for:
- Increasing adoption of energy-efficient and eco-friendly heating solutions
- Potential market recovery driven by regulatory incentives for greener technologies
- Technological advancements and smart heating solutions may alter market dynamics