In 2024, Germany continues to lead in European turnover for plumbing, heating, and air conditioning installations with 60.06 billion Euros, followed by France with 45.71 billion Euros. The UK, Italy, and the Netherlands round out the top five. Noteworthy year-on-year growth is seen in France (13.76%) and Poland (8.28%), while Italy (-3.73%) and Spain (-2.94%) encountered declines. Over the past five years, the compound annual growth rate (CAGR) indicates significant positive trends, particularly in Ireland, Romania, and Serbia, reflecting robust market dynamics and increasing demand in these regions.
Future trends to watch include the impact of energy efficiency regulations and green initiatives, which are likely to drive growth in countries with aggressive climate policies. Emerging markets in Eastern Europe, such as Romania and Hungary, also present opportunities for expansion as infrastructure investments increase.
Top countries in Turnover of Plumbing, Heat and Air Conditioning Installation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 60,060 | 2023 | +5.39% | +5.15% | View data |
| 2 | 2 France | 45,710 | 2023 | +11.81% | +13.76% | View data |
| 3 | 3 United Kingdom | 22,150 | 2023 | +1.92% | +1.64% | View data |
| 4 | 4 Italy | 14,290 | 2023 | -1.88% | -3.73% | View data |
| 5 | 5 Netherlands | 11,890 | 2023 | +5.6% | +6.6% | View data |
| 6 | 6 Poland | 9,040 | 2023 | +6.42% | +8.28% | View data |
| 7 | 7 Sweden | 8,300 | 2023 | +2.17% | +3.49% | View data |
| 8 | 8 Spain | 7,790 | 2023 | -4.65% | -2.94% | View data |
| 9 | 9 Austria | 6,850 | 2023 | +1.9% | +2.07% | View data |
| 10 | 10 Belgium | 5,830 | 2023 | +1.11% | +2.58% | View data |
