The UK’s forecast for the production of central heating radiators made from iron or steel, not electrically heated, shows a steady decline from 2024 to 2028. In 2023, the market stood at a level slightly above 156.33 million Euros, marking a discernible downturn in subsequent years with a 1.61% annual average decrease. Between 2024 and 2025, there is an expected reduction of 1.6%, continuing to drop annually by approximately 1.5% to 1.6% until 2028. This consistent downward trend reflects shifting dynamics.
Future trends to watch for include:
- Increased energy efficiency standards could impact production volumes.
- Technological advancements in heating solutions may further affect traditional radiator demand.
- Regulatory pressures and consumer preferences leaning towards sustainable alternatives.
