In 2023, the UK sold 353.5 thousand non-electric water heaters. From 2024 to 2028, forecasted growth is evident with an expected increase from 363.7 to 415.5 thousand units, reflecting consistent annual growth. Year-on-year variation reveals steady demand with values rising by approximately 3.67% in 2025 and slight fluctuations observed thereafter, showcasing market stability.
The compound annual growth rate (CAGR) over the forecasted period stands at 3.38%, indicating a healthy industry trajectory.
Future trends to watch include technological advancements leading to more energy-efficient models and increased adoption driven by environmental regulations. Market players should monitor consumer preferences and energy policies affecting non-electric water heater demand.
