Between 2013 and 2023, the market for Glandless Impeller Pumps for Heating Systems and Warm Water Supply in Poland has seen a consistent decline in market size from 67.05 million Euros to 53.312 million Euros. Over the immediate past two years (2022-2023), the year-on-year variations are slight, with reductions of 0.91% and 0.93% respectively, indicating a gradual but consistent contraction. From a longer-term perspective, the compound annual growth rate (CAGR) from 2018 to 2023 stands at -2%, reflecting an ongoing negative trend in the market.
Future trends to watch for include technological advancements that could enhance efficiency, potentially slowing the decline or even reversing it. Additionally, increasing demand for energy-efficient heating solutions and potential regulatory changes could impact market dynamics positively. Monitoring these developments will be crucial for adapting strategies in this sector.
# | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 779,760,000 | 2023 | +2.77% | +4.1% | View data |
2 | 2 Italy | 113,100,000 | 2023 | -9.76% | -9.54% | View data |
3 | 3 United Kingdom | 69,740,000 | 2023 | -0.51% | -1.06% | View data |
4 | 4 Poland | 53,312,000 | 2023 | -0.93% | -2% | |
5 | 5 Spain | 30,808,000 | 2023 | +2.87% | +3.45% | View data |
6 | 6 Sweden | 30,280,000 | 2023 | +0.42% | +0.3% | View data |