| Product Code: ETC5758275 | 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, Lithuania continued to rely on imports of commercial water heaters, with top exporters being Czechia, Germany, Latvia, Italy, and Poland. Despite a slight increase in concentration levels measured by the HHI, the market saw a slow growth rate with a CAGR of 1.83% from 2020 to 2024. However, there was a significant decline in growth in 2024, with a negative growth rate of -32.86% compared to the previous year. This indicates a potential shift or challenges in the market dynamics that importers and stakeholders should closely monitor and adapt to.

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 Lithuania Commercial Water Heaters Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Commercial Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Commercial Water Heaters Market - Industry Life Cycle |
3.4 Lithuania Commercial Water Heaters Market - Porter's Five Forces |
3.5 Lithuania Commercial Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2021 & 2031F |
3.7 Lithuania Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
4 Lithuania Commercial Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and eco-friendly commercial water heaters in Lithuania |
4.2.2 Growing investments in infrastructure development and commercial real estate sector |
4.2.3 Government incentives and regulations promoting the use of energy-efficient heating solutions in commercial buildings |
4.3 Market Restraints |
4.3.1 High initial costs associated with the installation of commercial water heaters |
4.3.2 Fluctuating raw material prices impacting the manufacturing cost of water heaters |
4.3.3 Competition from alternative heating technologies such as heat pumps and solar water heaters |
5 Lithuania Commercial Water Heaters Market Trends |
6 Lithuania Commercial Water Heaters Market Segmentations |
6.1 Lithuania Commercial Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Commercial Water Heaters Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Lithuania Commercial Water Heaters Market Revenues & Volume, By Gas, 2021-2031F |
6.1.4 Lithuania Commercial Water Heaters Market Revenues & Volume, By Oil, 2021-2031F |
6.1.5 Lithuania Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2021-2031F |
6.1.6 Lithuania Commercial Water Heaters Market Revenues & Volume, By Solar, 2021-2031F |
6.1.7 Lithuania Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2021-2031F |
6.2 Lithuania Commercial Water Heaters Market, By Liter |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2021-2031F |
6.2.3 Lithuania Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2021-2031F |
6.2.4 Lithuania Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2021-2031F |
6.2.5 Lithuania Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2021-2031F |
6.2.6 Lithuania Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2021-2031F |
6.3 Lithuania Commercial Water Heaters Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2021-2031F |
6.3.3 Lithuania Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2021-2031F |
6.3.4 Lithuania Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2021-2031F |
7 Lithuania Commercial Water Heaters Market Import-Export Trade Statistics |
7.1 Lithuania Commercial Water Heaters Market Export to Major Countries |
7.2 Lithuania Commercial Water Heaters Market Imports from Major Countries |
8 Lithuania Commercial Water Heaters Market Key Performance Indicators |
8.1 Energy efficiency ratings of commercial water heaters in the market |
8.2 Adoption rate of energy-efficient commercial water heaters in new commercial constructions |
8.3 Number of government policies and incentives supporting the use of energy-efficient water heaters in commercial buildings. |
9 Lithuania Commercial Water Heaters Market - Opportunity Assessment |
9.1 Lithuania Commercial Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Commercial Water Heaters Market Opportunity Assessment, By Liter, 2021 & 2031F |
9.3 Lithuania Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
10 Lithuania Commercial Water Heaters Market - Competitive Landscape |
10.1 Lithuania Commercial Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Commercial Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |