| Product Code: ETC4924203 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Bulgaria continued to rely heavily on imports of heating radiators, with top suppliers including Turkey, Italy, Czechia, Germany, and Iran. Despite a concerning high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw a significant growth rate of 10.9% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period from 2020 to 2024 was negative at -8.17%, suggesting challenges and fluctuations in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics. It will be crucial for stakeholders to closely monitor these trends to make informed decisions in the future.

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 Bulgaria Heating Radiator Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Heating Radiator Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Heating Radiator Market - Industry Life Cycle |
3.4 Bulgaria Heating Radiator Market - Porter's Five Forces |
3.5 Bulgaria Heating Radiator Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Bulgaria Heating Radiator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Heating Radiator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Bulgaria |
4.2.2 Government initiatives promoting the use of sustainable heating technologies |
4.2.3 Growing construction activities and infrastructure development in the country |
4.3 Market Restraints |
4.3.1 High initial cost of installing heating radiators |
4.3.2 Competition from alternative heating technologies such as underfloor heating systems |
4.3.3 Fluctuating raw material prices impacting the manufacturing cost of heating radiators |
5 Bulgaria Heating Radiator Market Trends |
6 Bulgaria Heating Radiator Market Segmentations |
6.1 Bulgaria Heating Radiator Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Heating Radiator Market Revenues & Volume, By Hydronic Heating Radiator, 2021-2031F |
6.1.3 Bulgaria Heating Radiator Market Revenues & Volume, By Electric Heating Radiator, 2021-2031F |
6.2 Bulgaria Heating Radiator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Heating Radiator Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Bulgaria Heating Radiator Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Bulgaria Heating Radiator Market Revenues & Volume, By Commercial, 2021-2031F |
7 Bulgaria Heating Radiator Market Import-Export Trade Statistics |
7.1 Bulgaria Heating Radiator Market Export to Major Countries |
7.2 Bulgaria Heating Radiator Market Imports from Major Countries |
8 Bulgaria Heating Radiator Market Key Performance Indicators |
8.1 Energy efficiency rating of heating radiators |
8.2 Number of government subsidies or incentives for adopting energy-efficient heating solutions |
8.3 Percentage of new construction projects opting for heating radiators as primary heating source |
9 Bulgaria Heating Radiator Market - Opportunity Assessment |
9.1 Bulgaria Heating Radiator Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Bulgaria Heating Radiator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Heating Radiator Market - Competitive Landscape |
10.1 Bulgaria Heating Radiator Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Heating Radiator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |