| Product Code: ETC6559334 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Bulgaria saw a steady stream of space heating boilers imports, with top exporters being Germany, Italy, Turkey, Poland, and Metropolitan France. Despite a moderate concentration level indicated by the HHI, the Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a decline in CAGR from 2020 to 2024 at -15.64%. However, there was a positive growth rate of 4.08% in 2024 compared to the previous year, indicating a potential uptick in demand for space heating boilers in Bulgaria. The presence of key exporters suggests a competitive Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape driving import shipments in this sector.

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 Space Heating Boilers Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Space Heating Boilers Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Space Heating Boilers Market - Industry Life Cycle |
3.4 Bulgaria Space Heating Boilers Market - Porter's Five Forces |
3.5 Bulgaria Space Heating Boilers Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.6 Bulgaria Space Heating Boilers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bulgaria Space Heating Boilers Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Bulgaria Space Heating Boilers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient heating solutions in Bulgaria |
4.2.2 Increasing focus on renewable energy sources for heating purposes |
4.2.3 Government initiatives promoting the adoption of energy-efficient heating technologies |
4.2.4 Technological advancements leading to more efficient and eco-friendly space heating boilers |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing and installing space heating boilers |
4.3.2 Fluctuating prices of raw materials impacting the overall cost of manufacturing boilers |
4.3.3 Intense competition among market players leading to pricing pressures |
4.3.4 Regulatory challenges related to energy efficiency standards and emissions control |
5 Bulgaria Space Heating Boilers Market Trends |
6 Bulgaria Space Heating Boilers Market, By Types |
6.1 Bulgaria Space Heating Boilers Market, By Operation |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Space Heating Boilers Market Revenues & Volume, By Operation, 2021- 2031F |
6.1.3 Bulgaria Space Heating Boilers Market Revenues & Volume, By Gas-fired Space Heating Boilers, 2021- 2031F |
6.1.4 Bulgaria Space Heating Boilers Market Revenues & Volume, By Electric Space Heating Boilers, 2021- 2031F |
6.1.5 Bulgaria Space Heating Boilers Market Revenues & Volume, By Oil-fired Space Heating Boilers, 2021- 2031F |
6.2 Bulgaria Space Heating Boilers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Space Heating Boilers Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Bulgaria Space Heating Boilers Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Bulgaria Space Heating Boilers Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Space Heating Boilers Market Revenues & Volume, By Non-condensing Space Heating Boiler, 2021- 2031F |
6.3.3 Bulgaria Space Heating Boilers Market Revenues & Volume, By Condensing Space Heating Boiler, 2021- 2031F |
7 Bulgaria Space Heating Boilers Market Import-Export Trade Statistics |
7.1 Bulgaria Space Heating Boilers Market Export to Major Countries |
7.2 Bulgaria Space Heating Boilers Market Imports from Major Countries |
8 Bulgaria Space Heating Boilers Market Key Performance Indicators |
8.1 Energy efficiency ratings of space heating boilers in Bulgaria |
8.2 Adoption rate of renewable energy sources for space heating purposes |
8.3 Number of government policies and incentives supporting the use of energy-efficient heating technologies |
8.4 Average payback period for consumers investing in space heating boilers |
8.5 Rate of technological innovation in the space heating boiler industry |
9 Bulgaria Space Heating Boilers Market - Opportunity Assessment |
9.1 Bulgaria Space Heating Boilers Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.2 Bulgaria Space Heating Boilers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bulgaria Space Heating Boilers Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Bulgaria Space Heating Boilers Market - Competitive Landscape |
10.1 Bulgaria Space Heating Boilers Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Space Heating Boilers 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.
To discover high-growth global markets and optimize your business strategy:
Click Here