| Product Code: ETC5758245 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, El Salvador continued to rely on imports of commercial water heaters, with key suppliers being China, USA, Netherlands, Mexico, and Poland. The Herfindahl-Hirschman Index (HHI) indicated high market concentration in 2023, which intensified in 2024. Despite a modest Compound Annual Growth Rate (CAGR) of 0.56% from 2020 to 2024, the industry experienced a significant decline in growth rate from 2023 to 2024 at -55.16%. This suggests a challenging market environment for commercial water heater imports in El Salvador, urging stakeholders to closely monitor market dynamics and adapt their strategies accordingly.

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 El Salvador Commercial Water Heaters Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Commercial Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Commercial Water Heaters Market - Industry Life Cycle |
3.4 El Salvador Commercial Water Heaters Market - Porter's Five Forces |
3.5 El Salvador Commercial Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2021 & 2031F |
3.7 El Salvador Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
4 El Salvador Commercial Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in commercial buildings |
4.2.2 Growth in the hospitality and healthcare sectors leading to higher demand for commercial water heaters |
4.2.3 Government initiatives promoting the use of renewable energy sources in commercial establishments |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Lack of awareness about the benefits of modern commercial water heaters |
4.3.3 Slow economic growth affecting investments in infrastructure projects |
5 El Salvador Commercial Water Heaters Market Trends |
6 El Salvador Commercial Water Heaters Market Segmentations |
6.1 El Salvador Commercial Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Commercial Water Heaters Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 El Salvador Commercial Water Heaters Market Revenues & Volume, By Gas, 2021-2031F |
6.1.4 El Salvador Commercial Water Heaters Market Revenues & Volume, By Oil, 2021-2031F |
6.1.5 El Salvador Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2021-2031F |
6.1.6 El Salvador Commercial Water Heaters Market Revenues & Volume, By Solar, 2021-2031F |
6.1.7 El Salvador Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2021-2031F |
6.2 El Salvador Commercial Water Heaters Market, By Liter |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2021-2031F |
6.2.3 El Salvador Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2021-2031F |
6.2.4 El Salvador Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2021-2031F |
6.2.5 El Salvador Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2021-2031F |
6.2.6 El Salvador Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2021-2031F |
6.3 El Salvador Commercial Water Heaters Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2021-2031F |
6.3.3 El Salvador Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2021-2031F |
6.3.4 El Salvador Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2021-2031F |
7 El Salvador Commercial Water Heaters Market Import-Export Trade Statistics |
7.1 El Salvador Commercial Water Heaters Market Export to Major Countries |
7.2 El Salvador Commercial Water Heaters Market Imports from Major Countries |
8 El Salvador Commercial Water Heaters Market Key Performance Indicators |
8.1 Energy efficiency ratings of commercial water heaters in the market |
8.2 Number of new commercial construction projects in El Salvador |
8.3 Adoption rate of renewable energy sources in commercial establishments |
9 El Salvador Commercial Water Heaters Market - Opportunity Assessment |
9.1 El Salvador Commercial Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Commercial Water Heaters Market Opportunity Assessment, By Liter, 2021 & 2031F |
9.3 El Salvador Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
10 El Salvador Commercial Water Heaters Market - Competitive Landscape |
10.1 El Salvador Commercial Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Commercial Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |