The European market for non-electric instantaneous or storage water heaters shows significant variance among countries. Germany leads with a substantial sold production value of 597.05 million Euros in 2024. France follows distantly at 154.09 million Euros, showing a modest gain of 2.26% year-on-year. Notable increases in Austria, with 22.16%, and the United Kingdom, at 9.28%, indicate positive regional trends. Smaller countries like Croatia exhibit remarkable year-on-year growth of 17.14%, despite much lower absolute values.
Future trends to watch include technological advancements driving efficiency, the impact of environmental regulations, and shifts in consumer preferences towards sustainable products. Economic conditions and energy policies will also shape market dynamics, potentially affecting production and competitiveness across European countries.
Top countries in Sold Production of Non-Electric Instantaneous or Storage Water Heaters by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 597,050,000 | 2021 | +11.3% | View data | |
| 2 | 2 France | 154,090,000 | 2023 | +1.14% | +2.26% | View data |
| 3 | 3 Denmark | 103,100,000 | 2023 | +2.48% | -0.4% | View data |
| 4 | 4 Austria | 97,091,000 | 2023 | +22.75% | +22.16% | View data |
| 5 | 5 United Kingdom | 67,109,000 | 2023 | +4.08% | +9.28% | View data |
| 6 | 6 Greece | 63,663,000 | 2023 | +1.24% | -2.4% | View data |
| 7 | 7 Italy | 59,776,000 | 2023 | +8.58% | +5.99% | View data |
| 8 | 8 Finland | 42,909,000 | 2023 | +4.87% | -0.88% | View data |
| 9 | 9 Netherlands | 41,270,000 | 2023 | +11.2% | +2.33% | View data |
| 10 | 10 Poland | 39,744,000 | 2023 | +0.62% | -0.68% | View data |
