| Product Code: ETC5758015 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Malta continues to rely heavily on imports of heat pump water heaters, with top exporters including China, Italy, Thailand, Poland, and Turkey dominating the market in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition. Despite this, the industry shows modest growth, with a compound annual growth rate (CAGR) of 0.89% from 2020 to 2024. Notably, the growth rate spiked significantly in 2024, with a 29.31% increase compared to the previous year, indicating a potential shift or expansion in the market dynamics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malta Heat Pump Water Heater Market Overview |
3.1 Malta Country Macro Economic Indicators |
3.2 Malta Heat Pump Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Malta Heat Pump Water Heater Market - Industry Life Cycle |
3.4 Malta Heat Pump Water Heater Market - Porter's Five Forces |
3.5 Malta Heat Pump Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malta Heat Pump Water Heater Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Malta Heat Pump Water Heater Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Malta Heat Pump Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in Malta |
4.2.2 Government initiatives and regulations promoting the use of renewable energy sources |
4.2.3 Growing awareness among consumers about the benefits of heat pump water heaters |
4.3 Market Restraints |
4.3.1 High initial cost of heat pump water heaters compared to traditional water heaters |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
4.3.3 Relatively low consumer awareness and understanding of heat pump water heater technology |
5 Malta Heat Pump Water Heater Market Trends |
6 Malta Heat Pump Water Heater Market Segmentations |
6.1 Malta Heat Pump Water Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malta Heat Pump Water Heater Market Revenues & Volume, By Air Source, 2021-2031F |
6.1.3 Malta Heat Pump Water Heater Market Revenues & Volume, By Geothermal, 2021-2031F |
6.2 Malta Heat Pump Water Heater Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Malta Heat Pump Water Heater Market Revenues & Volume, By Up to 500 L, 2021-2031F |
6.2.3 Malta Heat Pump Water Heater Market Revenues & Volume, By 500? ??1000 L, 2021-2031F |
6.2.4 Malta Heat Pump Water Heater Market Revenues & Volume, By Above 1000 L, 2021-2031F |
6.3 Malta Heat Pump Water Heater Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Malta Heat Pump Water Heater Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Malta Heat Pump Water Heater Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Malta Heat Pump Water Heater Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Malta Heat Pump Water Heater Market Revenues & Volume, By 30-100 kW, 2021-2031F |
6.3.6 Malta Heat Pump Water Heater Market Revenues & Volume, By 10? ??150 kW, 2021-2031F |
6.3.7 Malta Heat Pump Water Heater Market Revenues & Volume, By Above 150 kW, 2021-2031F |
7 Malta Heat Pump Water Heater Market Import-Export Trade Statistics |
7.1 Malta Heat Pump Water Heater Market Export to Major Countries |
7.2 Malta Heat Pump Water Heater Market Imports from Major Countries |
8 Malta Heat Pump Water Heater Market Key Performance Indicators |
8.1 Energy efficiency ratings of heat pump water heaters in the market |
8.2 Number of government incentives or subsidies for renewable energy products |
8.3 Consumer surveys indicating interest and intent to purchase heat pump water heaters |
9 Malta Heat Pump Water Heater Market - Opportunity Assessment |
9.1 Malta Heat Pump Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malta Heat Pump Water Heater Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Malta Heat Pump Water Heater Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Malta Heat Pump Water Heater Market - Competitive Landscape |
10.1 Malta Heat Pump Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Malta Heat Pump Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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