| Product Code: ETC4925271 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for the residential boiler market showed a decline from 2023 to 2024, with a growth rate of -11.0%. However, the compound annual growth rate (CAGR) for imports between 2020 and 2024 was 5.26%. This negative momentum in 2024 could be attributed to a temporary shift in demand or fluctuations in trade policies impacting the market stability.

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 Canada Residential Boiler Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Residential Boiler Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Residential Boiler Market - Industry Life Cycle |
3.4 Canada Residential Boiler Market - Porter's Five Forces |
3.5 Canada Residential Boiler Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Residential Boiler Market Revenues & Volume Share, By Fuel Type, 2022 & 2032F |
3.7 Canada Residential Boiler Market Revenues & Volume Share, By Technology, 2022 & 2032F |
4 Canada Residential Boiler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in residential buildings |
4.2.2 Government initiatives promoting the use of eco-friendly heating systems |
4.2.3 Growing construction activities in the residential sector |
4.3 Market Restraints |
4.3.1 High initial installation costs of residential boilers |
4.3.2 Maintenance and repair costs associated with boilers |
4.3.3 Competition from alternative heating technologies such as heat pumps |
5 Canada Residential Boiler Market Trends |
6 Canada Residential Boiler Market Segmentations |
6.1 Canada Residential Boiler Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Residential Boiler Market Revenues & Volume, By Water Tube Boiler, 2022-2032F |
6.1.3 Canada Residential Boiler Market Revenues & Volume, By Fire Tube Boiler, 2022-2032F |
6.1.4 Canada Residential Boiler Market Revenues & Volume, By Electric Boiler, 2022-2032F |
6.2 Canada Residential Boiler Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Residential Boiler Market Revenues & Volume, By Coal Fired, 2022-2032F |
6.2.3 Canada Residential Boiler Market Revenues & Volume, By Oil Fired, 2022-2032F |
6.2.4 Canada Residential Boiler Market Revenues & Volume, By Gas Fired, 2022-2032F |
6.2.5 Canada Residential Boiler Market Revenues & Volume, By Others, 2022-2032F |
6.3 Canada Residential Boiler Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Canada Residential Boiler Market Revenues & Volume, By Condensing, 2022-2032F |
6.3.3 Canada Residential Boiler Market Revenues & Volume, By Non-condensing, 2022-2032F |
7 Canada Residential Boiler Market Import-Export Trade Statistics |
7.1 Canada Residential Boiler Market Export to Major Countries |
7.2 Canada Residential Boiler Market Imports from Major Countries |
8 Canada Residential Boiler Market Key Performance Indicators |
8.1 Average energy efficiency rating of residential boilers sold |
8.2 Number of government incentives or rebates utilized for residential boiler installations |
8.3 Percentage of new residential construction projects incorporating boiler systems |
9 Canada Residential Boiler Market - Opportunity Assessment |
9.1 Canada Residential Boiler Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Residential Boiler Market Opportunity Assessment, By Fuel Type, 2022 & 2032F |
9.3 Canada Residential Boiler Market Opportunity Assessment, By Technology, 2022 & 2032F |
10 Canada Residential Boiler Market - Competitive Landscape |
10.1 Canada Residential Boiler Market Revenue Share, By Companies, 2025 |
10.2 Canada Residential Boiler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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