The market is dominated by domestic suppliers, as imports account for 34.6% of total market size in 2021. B2B drives market demand, with B2B spending representing 86.5% of total demand in 2021. The UK has the second largest market size for tanks, reservoirs, boilers and radiators regionally, with demand reaching USD3.9 billion in 2021. Bdr Thermea Group BV is the largest company in the UK, generating 8.3% of the industry’s total production value in 2021. The industry is fragmented, with the top three companies generating 9.3% of total production value in 2021. The costs of the industry increase by 12.2% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 22.8% of production value in 2021, the highest regionally. With production value of USD2.7 billion, the UK accounts for 9.2% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Tanks, Reservoirs, Boilers and Radiators in the United Kingdom: ISIC 2812. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tanks, Reservoirs, Boilers and Radiators in the United Kingdom: ISIC 2812 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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