The Saudi Arabia water heater market size reached US$ 179.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 209.9 Million by 2028, exhibiting a growth rate (CAGR) of 2.5% during 2023-2028. More Info:- https://www.imarcgroup.com/saudi-arabia-water-heater-market

1. Saudi Arabia Water
Heater Market
Research and Forecast
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
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IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Saudi Arabia Water
Heater Market: Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028," the Saudi Arabia water heater market size reached US$
179.9 Million in 2022.
Water heaters are appliances that are used to provide a continual supply of hot
water for various domestic and industrial applications, such as cooking,
cleaning, bathing, and space heating. It consists of a tank, dips tube, shut off
valve, heat out the pipe, thermostat, heating mechanism, drain valve, pressure
relief valve, and sacrificial anode red that employs an energy source to heat
water above its initial temperature.
Water heaters are connected to a water source that supplies the hot water
across various fixtures, including taps, showers, and dishwashers. Depending
on the diverse requirements of the users and sectors, these amenities are
commercially available in a variety of shapes, sizes, and storage capabilities.
Request for a PDF sample of this report: https://www.imarcgroup.com/saudi-
arabia-water-heater-market/requestsample

4. Report Description
Saudi Arabia Water Heater Market Trends:
The Saudi Arabia water heater market is growing on account of significant economic transformation and rapid
urbanization in the country. This, in turn, has led to an increase in the disposable income of the population,
thereby further reinforcing the accessibility and affordability of these products. In line with this, the increasing
demand for hot water from the residential sector for completing daily chores and the rising awareness regarding
benefits associated with water heaters, such as easy installation, longer life span, and lower maintenance, are
acting as another growth-inducing factor.
Additionally, the thriving tourism and hospitality sector is also inflating the sales of water heaters as numerous
hotels are increasingly installing the product to provide a luxurious experience to their customers. Moreover, an
enhanced focus on sustainable development has urged consumers to shift toward solar water heaters, which is
catalyzing market growth. Apart from this, continuous technological advancements, such as the launch of W i-Fi
compatible tankless water heaters, heat pumps, condensing gas, and electric tankless systems, to make water
heaters more energy efficient are projected to drive the market further toward growth.
Looking forward, the market is expected to reach a value of US$ 209.9 Million by 2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/saudi-arabia-water-heater-market

5. Report
Segmentation
Breakup by Type:
• Storage Covering Water Heater
• Solar Water Heater
• Instant Water Heater
Breakup by End-Use:
• Residential
• Commercial
• Industrial

6. Competitive
Landscape with
Key Players
• Ariston Thermo Group
• Orbital Horizon
• Saudi Ceramics
• Al Huraiz.

7. Key Questions
Answered in
the Report
What was the size of the Saudi Arabia water heater market in
2022?
What is the expected growth rate of the Saudi Arabia water
heater market during 2023-2028?
What are the key factors driving the Saudi Arabia water heater
market?
What has been the impact of COVID-19 on the Saudi Arabia
water heater market?
What is the breakup of the Saudi Arabia water heater market
based on the type?
What is the breakup of the Saudi Arabia water heater market
based on the end-use?
Who are the key players/companies in the Saudi Arabia water
heater market?

8. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 GCC Water Heater Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Analysis
5.3.1 Key Price Indicators
5.3.2 Price Structure
5.3.3 Price Trends
5.4 Market Breakup by Type
5.5 Market Breakup by End -Use
5.6 Market Breakup by Region
5.7 Market Forecast
6 Saudi Arabia Water Heater Market
6.1 Market Overview
6.2 Market Performance

9. Table of
Contents
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Impact of COVID-19
6.4 Price Analysis
6.4.1 Key Price Indicators
6.4.2 Price Structure
6.4.3 Price Trends
6.5 Market Breakup by Type
6.6 Market Breakup by End -Use
6.7 Market Forecast
6.8 SW OT Analysis
6.8.1 Overview
6.8.2 Strengths
6.8.3 W eaknesses
6.8.4 Opportunities
6.8.5 Threats
6.9 Value Chain Analysis
6.9.1 Overview
6.9.2 Research and Development
6.9.3 Raw Material Procurement
6.9.4 Manufacturing
6.9.5 Sales, Installation and Maintenance Services
6.10 Porters Five Forces Analysis
6.10.1 Overview
6.10.2 Bargaining Power of Buyers
6.10.3 Bargaining Power of Suppliers
6.10.4 Degree of Rivalry
For more information, visit :
https://www.imarcgroup.com/saudi -arabia-water-heater-
market/toc

10. Disclaimer
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Disclaimer: All contents and data of this publication, including forecasts, data analysis and
opinion have been based on information and sources believed to be accurate and reliable at
the time of publishing. International Market Analysis Research and Consulting makes no
representation of warranty of any kind as to the accuracy or completeness of any Information
provided. IMARC accepts no liability whatsoever for any loss or damage resulting from
opinion, errors or inaccuracies if any found this publication.
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