Saudi Arabia Water Heater Market Growth, Demand and Challenges of the Key Industry Players 2023-28
                     Saudi Arabia Water 
Heater Market 
Research and Forecast 
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Acco r d ing  t o  t he  l a t es t  r ep o r t  by  I M AR C G r oup ,  t i t l ed  "S aud i  Arab i a  Wa t er  Hea t e r  
M ar ke t :  I nd ust ry  T r ends ,  Sha re ,  S i ze ,  G row t h ,  O ppo r t un i t y  a nd  For ecas t  202 3 -
2028 , "  t he  Saud i  A r a b ia  w a t e r  hea t e r  m ar ke t  s i ze  r ea ched  US$  179 . 9  M i l l i on  i n  
2022 .
Report Wat e r  hea t e r s  a r e  a pp l i an ces  t ha t  a r e  u sed  t o  p r ov i de  a  con t i nua l  su pp ly  o f  ho t  wa t e r  f o r  va r i ou s  dom es t i c  a nd  i ndus t r i a l  ap p l i ca t i ons ,  su ch  as  co ok ing ,  c l ean i ng ,  
ba t h ing ,  a nd  s pace  hea t i ng .  I t  co ns i s t s  o f  a  t ank ,  d i ps  t ub e ,  s hu t  o f f  v a l ve ,  hea t  ou t  
Highlight and t he  p ipe ,  t he r m os t a t ,  hea t i ng  m ech an ism ,  d r a in  va lv e ,  p r es su r e  r e l i e f  va l ve ,  a nd  
sac r i f i c i a l  a node  r ed  t ha t  em p lo ys  an  ene r gy  so u r ce  t o  hea t  w a t e r  a bove  i t s  i n i t i a l  
t em per a t u r e .  
Description Wat e r  hea t e r s  a r e  c onne c t ed  t o  a  wa t e r  sou r ce  t ha t  s upp l i e s  t he  ho t  wa t e r  ac r oss  
va r i ous  f i x t u r es ,  in c lud in g  t a ps ,  shower s ,  an d  d i sh washe r s .  D epend i ng  on  t he  
d i ve r se  r equ i r em en t s  o f  t h e  us e r s  and  sec t o r s ,  t he se  am e n i t i es  a r e  com m er c ia l l y  
ava i l a b le  i n  a  v a r i e t y  o f  s hap es ,  s i zes ,  and  s t o r a ge  c apab i l i t i es .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / sau d i - a r ab ia - w a t e r - hea t e r - m ar ke t / r e ques t sam p le
Report Description
S a u d i  A r a b i a  W a t e r  H e a t e r  Ma r k e t  T r e n d s :
T he  S au d i  A r ab i a  w a te r  h ea t e r  ma r ke t  i s  g ro w i n g  o n  a c co u n t  o f  s i gn i f i c a n t  e c o n om i c  t r a n s f o r m a t i on  a n d  r a p i d  u r b an i z a t i o n  i n  
t he  c o un t r y .  T h i s ,  i n  t u r n ,  h a s  l e d  t o  a n  i n c r e a se  i n  t h e  d i s p o sa b l e  i n co m e  o f  t h e  p o p u l a t i on ,  t h e r e b y  f u r t h e r  r e i n f o rc i n g  t h e  
ac c e s s i b i l i t y  a nd  a f fo r d a b i l i t y  o f  t h e s e  p r o du c t s .  I n  l i n e  w i t h  t h i s ,  t h e  i nc r e a s i n g  d em a n d  f o r  h o t  w a t e r  f r o m  t h e  r e s i d en t i a l  
se c t o r  f o r  c om p l e t i n g  d a i l y  ch o r e s  an d  t h e  r i s i n g  a w a r e ne s s  r e ga r d i n g  b en e f i t s  a ss o c i a t e d  w i t h  w a t e r  he a t e rs ,  s u c h  a s  e a s y  
i ns t a l l a t i o n ,  l o n ge r  l i f e  s p a n ,  a n d  l ow e r  ma i n t e n an c e ,  a r e  a c t i n g  a s  a n o th e r  g ro w t h - i nd u c i n g  f a c t o r .  
A d d i t i o na l l y ,  t h e  th r i v i n g  to u r i s m  a n d  h os p i t a l i t y  s e c t o r  i s  a l s o  i n f l a t i n g  t he  s a l e s  o f  w a t e r  h e a te r s  a s  nu m e r ou s  h o t e l s  a r e  
i nc r e a s i ng l y  i ns t a l l i n g  t h e  p r o du c t  t o  p r o v i d e  a  l ux u r i o us  ex p e r i e n ce  t o  t h e i r  cu s t o me r s .  M o re o v e r ,  a n  e nh a n c e d  f oc u s  o n  
su s t a i n a b l e  de v e l o p me n t  h a s  u r ge d  co n s u me r s  t o  s h i f t  t o w a r d  so l a r  w a t e r  h ea t e r s ,  w h i ch  i s  c a ta l y z i n g  ma r k e t  g ro w t h .  A pa r t  
f r o m  t h i s ,  c o n t i nu o u s  t e ch n o l o g i c a l  a d v a nc e m e n t s ,  s u c h  as  t h e  l a u nc h  o f  W i - F i  c o mp a t i b l e  t a n k l e ss  w a t e r  h e a te r s ,  h e a t  
pu m p s ,  c o n de n s i n g  ga s ,  a n d  e l e c t r i c  t a n k l es s  s y s t e m s ,  t o  m ak e  w a te r  h e a te r s  mo r e  e n e r g y  e f f i c i e n t  a r e  p ro j e c t ed  t o  d r i v e  t h e  
ma r k e t  f u r t he r  t o w a r d  g r o w t h .
L o o k i n g  f o r wa r d ,  t h e  m a r k e t  i s  ex p e c t ed  t o  re a c h  a  v a l u e  o f  U S $  2 0 9 . 9  M i l l i o n  b y  2 02 8 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w ww . i m a r c g ro u p . co m / s a u d i - a r ab i a -w a t e r -h e a t e r - m a rk e t
Breakup by Type:
• Storage Covering Water Heater
• Solar Water Heater
• Instant Water Heater
Report Breakup by End-Use:
• Residentia l
Segmentation • Commercial
• Industr ia l
• Ariston Thermo Group
• Orbital  Horizon
• Saudi Ceramics
Competitive 
• Al Huraiz.
Landscape 
with Key 
Players
What was the size of the Saudi Arabia water heater 
market in 2022?
What is the expected growth rate of the Saudi 
Arabia water heater market during 2023-2028?
Key What are the key factors driving the Saudi Arabia 
water heater market?
Questions 
Answered in What has been the impact of COVID-19 on the Saudi Arabia water heater market?
the Report
What is the breakup of the Saudi Arabia water 
heater market based on the type?
What is the breakup of the Saudi Arabia water 
heater market based on the end-use?
Who are the key players/companies in the Saudi 
Arabia water heater market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G C C  W a t e r  H e a t e r  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
        5 . 2 . 1     V o l u m e  T r e n d s
        5 . 2 . 2     V a l u e  T r e n d s
    5 . 3     P r i c e  A n a l y s i s
        5 . 3 . 1     K e y  P r i c e  I n d i c a t o r s
        5 . 3 . 2     P r i c e  S t r u c t u r e
        5 . 3 . 3     P r i c e  T r e n d s
    5 . 4     M a r k e t  B r e a k u p  b y  T y p e
    5 . 5     M a r k e t  B r e a k u p  b y  E n d - U s e
    5 . 6     M a r k e t  B r e a k u p  b y  R e g i o n
    5 . 7     M a r k e t  F o r e c a s t
6    S a u d i  A r a b i a  W a t e r  H e a t e r  M a r k e t
    6 . 1     M a r k e t  O v e r v i e w
    6 . 2     M a r k e t  P e r f o r m a n c e
       
        6 . 2 . 1     V o l u m e  T r e n d s
        6 . 2 . 2     V a l u e  T r e n d s
    6 . 3     I m p a c t  o f  C O V I D - 1 9
    6 . 4     P r i c e  A n a l y s i s
        6 . 4 . 1     K e y  P r i c e  I n d i c a t o r s
        6 . 4 . 2     P r i c e  S t r u c t u r e
        6 . 4 . 3     P r i c e  T r e n d s
    6 . 5     M a r k e t  B r e a k u p  b y  T y p e
    6 . 6     M a r k e t  B r e a k u p  b y  E n d - U s e
Table of     6 . 7     M a r k e t  F o r e c a s t    6 . 8     S W O T  A n a l y s i s
        6 . 8 . 1     O v e r v i e w
        6 . 8 . 2     S t r e n g t h s
Contents         6 . 8 . 3     W e a k n e s s e s        6 . 8 . 4     O p p o r t u n i t i e s
        6 . 8 . 5     T h r e a t s
    6 . 9     V a l u e  C h a i n  A n a l y s i s
        6 . 9 . 1     O v e r v i e w
        6 . 9 . 2     R e s e a r c h  a n d  D e v e l o p m e n t
        6 . 9 . 3     R a w  M a t e r i a l  P r o c u r e m e n t
        6 . 9 . 4     M a n u f a c t u r i n g
        6 . 9 . 5     S a l e s ,  I n s t a l l a t i o n  a n d  M a i n t e n a n c e  S e r v i c e s
    6 . 1 0     P o r t e r s  F i v e  F o r c e s  A n a l y s i s
        6 . 1 0 . 1     O v e r v i e w
        6 . 1 0 . 2     B a r g a i n i n g  P o w e r  o f  B u y e r s
        6 . 1 0 . 3     B a r g a i n i n g  P o w e r  o f  S u p p l i e r s
        6 . 1 0 . 4     D e g r e e  o f  R i v a l r y
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /s a ud i - a ra b ia -w a te r-h ea te r-ma rk
e t / t o c
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