| Product Code: ETC8939568 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Republic of North Macedonia witnessed a significant increase in tankless water heater imports in 2024, with top exporting countries being China, Indonesia, Italy, Serbia, and Bulgaria. The market concentration, as measured by the HHI, shifted from moderate to high in just a year, reflecting a more consolidated market landscape. The impressive CAGR of 12.74% from 2020 to 2024 indicates sustained growth, while the notable growth rate of 17.42% in 2024 highlights the accelerated pace of import shipments. This data suggests a robust market for tankless water heaters in North Macedonia with strong supplier diversity.

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 Republic of Macedonia Tankless Water Heater Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Tankless Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Tankless Water Heater Market - Industry Life Cycle |
3.4 Republic of Macedonia Tankless Water Heater Market - Porter's Five Forces |
3.5 Republic of Macedonia Tankless Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Tankless Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Tankless Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and space-saving home appliances |
4.2.2 Growing awareness about environmental sustainability and energy conservation |
4.2.3 Government initiatives promoting the adoption of energy-efficient technologies |
4.3 Market Restraints |
4.3.1 High initial investment cost compared to traditional water heaters |
4.3.2 Limited consumer awareness and understanding of tankless water heater technology |
4.3.3 Lack of availability of skilled technicians for installation and maintenance |
5 Republic of Macedonia Tankless Water Heater Market Trends |
6 Republic of Macedonia Tankless Water Heater Market, By Types |
6.1 Republic of Macedonia Tankless Water Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Tankless Water Heater Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Republic of Macedonia Tankless Water Heater Market Revenues & Volume, By Whole-House, 2021- 2031F |
6.1.4 Republic of Macedonia Tankless Water Heater Market Revenues & Volume, By Point-of-Use, 2021- 2031F |
6.2 Republic of Macedonia Tankless Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Tankless Water Heater Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Republic of Macedonia Tankless Water Heater Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Republic of Macedonia Tankless Water Heater Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Tankless Water Heater Market Export to Major Countries |
7.2 Republic of Macedonia Tankless Water Heater Market Imports from Major Countries |
8 Republic of Macedonia Tankless Water Heater Market Key Performance Indicators |
8.1 Energy savings percentage achieved by using tankless water heaters |
8.2 Number of government incentives or rebates utilized by consumers for purchasing tankless water heaters |
8.3 Percentage increase in the number of households opting for tankless water heaters in Macedonia |
8.4 Average time taken for installation and maintenance services for tankless water heaters |
9 Republic of Macedonia Tankless Water Heater Market - Opportunity Assessment |
9.1 Republic of Macedonia Tankless Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Tankless Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Tankless Water Heater Market - Competitive Landscape |
10.1 Republic of Macedonia Tankless Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Tankless Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |