The market for domestic and non-domestic water heating products has seen moderate growth more recently, with a steady period in the UK economy supporting construction activity, also consumer and business confidence levels.
Positive influences on this market include the growing concerns about energy efficiency and the environment. The UK Government has introduced a significant amount of environmental legislation in recent years placing a greater emphasis on carbon emissions and fuel efficiency.
Although the market situation in early 2019 is relatively subdued, the current forecast for the UK water heating market remains moderately positive, with more steady growth anticipated from 2021 onwards.