| Product Code: ETC7639272 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Ireland continued to rely on key trading partners such as the UK, China, Metropolitan France, Egypt, and the USA for its residential water heater imports. Despite the high concentration of market share indicated by the Herfindahl-Hirschman Index (HHI), the industry still experienced steady growth with a compound annual growth rate (CAGR) of 8.42% from 2020 to 2024. The growth momentum was sustained in 2024, with a growth rate of 5.38% compared to the previous year, reflecting the ongoing demand for residential water heaters in the Irish market.

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 Ireland Residential Water Heaters Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Residential Water Heaters Market Revenues & Volume, 2022 & 2032F |
3.3 Ireland Residential Water Heaters Market - Industry Life Cycle |
3.4 Ireland Residential Water Heaters Market - Porter's Five Forces |
3.5 Ireland Residential Water Heaters Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Ireland Residential Water Heaters Market Revenues & Volume Share, By Source, 2022 & 2032F |
3.7 Ireland Residential Water Heaters Market Revenues & Volume Share, By Capacity, 2022 & 2032F |
3.8 Ireland Residential Water Heaters Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Ireland Residential Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ireland Residential Water Heaters Market Trends |
6 Ireland Residential Water Heaters Market, By Types |
6.1 Ireland Residential Water Heaters Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Residential Water Heaters Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Ireland Residential Water Heaters Market Revenues & Volume, By Storage Water Heaters, 2022 - 2032F |
6.1.4 Ireland Residential Water Heaters Market Revenues & Volume, By Non-Storage Water Heaters, 2022 - 2032F |
6.1.5 Ireland Residential Water Heaters Market Revenues & Volume, By Hybrid Water Heaters, 2022 - 2032F |
6.2 Ireland Residential Water Heaters Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Ireland Residential Water Heaters Market Revenues & Volume, By Electric, 2022 - 2032F |
6.2.3 Ireland Residential Water Heaters Market Revenues & Volume, By Gas, 2022 - 2032F |
6.2.4 Ireland Residential Water Heaters Market Revenues & Volume, By Solar, 2022 - 2032F |
6.2.5 Ireland Residential Water Heaters Market Revenues & Volume, By Others, 2022 - 2032F |
6.3 Ireland Residential Water Heaters Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Ireland Residential Water Heaters Market Revenues & Volume, By Small Water Heater, 2022 - 2032F |
6.3.3 Ireland Residential Water Heaters Market Revenues & Volume, By Medium Water Heater, 2022 - 2032F |
6.3.4 Ireland Residential Water Heaters Market Revenues & Volume, By Large Water Heater, 2022 - 2032F |
6.4 Ireland Residential Water Heaters Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Ireland Residential Water Heaters Market Revenues & Volume, By Multi-Branded Stores, 2022 - 2032F |
6.4.3 Ireland Residential Water Heaters Market Revenues & Volume, By Exclusive Stores, 2022 - 2032F |
6.4.4 Ireland Residential Water Heaters Market Revenues & Volume, By Online Stores, 2022 - 2032F |
6.4.5 Ireland Residential Water Heaters Market Revenues & Volume, By Others, 2022 - 2032F |
7 Ireland Residential Water Heaters Market Import-Export Trade Statistics |
7.1 Ireland Residential Water Heaters Market Export to Major Countries |
7.2 Ireland Residential Water Heaters Market Imports from Major Countries |
8 Ireland Residential Water Heaters Market Key Performance Indicators |
9 Ireland Residential Water Heaters Market - Opportunity Assessment |
9.1 Ireland Residential Water Heaters Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Ireland Residential Water Heaters Market Opportunity Assessment, By Source, 2022 & 2032F |
9.3 Ireland Residential Water Heaters Market Opportunity Assessment, By Capacity, 2022 & 2032F |
9.4 Ireland Residential Water Heaters Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Ireland Residential Water Heaters Market - Competitive Landscape |
10.1 Ireland Residential Water Heaters Market Revenue Share, By Companies, 2025 |
10.2 Ireland Residential Water Heaters 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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