In financial year 2022, the water heater market in India was valued at 282.3 million U.S. dollars. It was estimated that with a CAGR of 7.16 percent, the market size will reach 422.8 million dollars in 2028. More than half of the demand for water heaters come from smaller cities.
Market size of water heater in India in financial year 2022 with forecast of 2028
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
TechSci Research. (August 15, 2022). Market size of water heater in India in financial year 2022 with forecast of 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1340378/india-water-heater-market-size/
TechSci Research. "Market size of water heater in India in financial year 2022 with forecast of 2028 (in million U.S. dollars)." Chart. August 15, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1340378/india-water-heater-market-size/
TechSci Research. (2022). Market size of water heater in India in financial year 2022 with forecast of 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1340378/india-water-heater-market-size/
TechSci Research. "Market Size of Water Heater in India in Financial Year 2022 with Forecast of 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Aug 2022, https://www.statista.com/statistics/1340378/india-water-heater-market-size/
TechSci Research, Market size of water heater in India in financial year 2022 with forecast of 2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1340378/india-water-heater-market-size/ (last visited December 23, 2024)
Market size of water heater in India in financial year 2022 with forecast of 2028 (in million U.S. dollars) [Graph], TechSci Research, August 15, 2022. [Online]. Available: https://www.statista.com/statistics/1340378/india-water-heater-market-size/