| Product Code: ETC5192673 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal continues to rely on imports for instant water heaters, with Spain, China, Italy, Germany, and Egypt being the top exporters in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -1.27%, there was a significant growth spike from 2023 to 2024 at 63.74%. This indicates a dynamic market environment with potential opportunities for both domestic and foreign suppliers to capitalize on the growing demand for instant water heaters in Portugal.
Portugal's Instant Water Heater market is anticipated to experience a stable growth rate of 2.01% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Portugal Instant Water Heater Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Instant Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Instant Water Heater Market - Industry Life Cycle |
3.4 Portugal Instant Water Heater Market - Porter's Five Forces |
3.5 Portugal Instant Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Portugal Instant Water Heater Market Revenues & Volume Share, By Energy Source, 2021 & 2031F |
4 Portugal Instant Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and space-saving water heating solutions |
4.2.2 Growing awareness about the benefits of instant water heaters in terms of energy savings and convenience |
4.3 Market Restraints |
4.3.1 High initial cost of instant water heaters compared to traditional water heaters |
4.3.2 Limited consumer awareness about the availability and benefits of instant water heaters |
5 Portugal Instant Water Heater Market Trends |
6 Portugal Instant Water Heater Market Segmentations |
6.1 Portugal Instant Water Heater Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Portugal Instant Water Heater Market Revenues & Volume, By Residential, 2021-2031F |
6.1.3 Portugal Instant Water Heater Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Portugal Instant Water Heater Market, By Energy Source |
6.2.1 Overview and Analysis |
6.2.2 Portugal Instant Water Heater Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Portugal Instant Water Heater Market Revenues & Volume, By Gas, 2021-2031F |
7 Portugal Instant Water Heater Market Import-Export Trade Statistics |
7.1 Portugal Instant Water Heater Market Export to Major Countries |
7.2 Portugal Instant Water Heater Market Imports from Major Countries |
8 Portugal Instant Water Heater Market Key Performance Indicators |
8.1 Energy efficiency rating of instant water heaters |
8.2 Number of households opting for instant water heaters for new installations |
8.3 Growth in the number of retail outlets offering instant water heaters |
9 Portugal Instant Water Heater Market - Opportunity Assessment |
9.1 Portugal Instant Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Portugal Instant Water Heater Market Opportunity Assessment, By Energy Source, 2021 & 2031F |
10 Portugal Instant Water Heater Market - Competitive Landscape |
10.1 Portugal Instant Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Portugal Instant Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |