Heat pumps in Turkey is characterised by a decline in retail volumes but growth in value in 2025, driven by increasing demand from newly built private homes and luxury villas, particularly in regions without natural gas infrastructure. Air to water heat pumps dominate demand. Some consumers are likely to purchase these appliances in the future driven by government incentives, rising demand from new housing developments and industrial applications, and increasing median disposable income per hous

Food preparation appliances in Singapore demonstrated resilience in 2025, with a 1% retail volume growth, driven by consumer preferences for smart technology, multifunctionality, and health-focused living. Although median disposable income per household decreased marginally during the year, local consumers continued to invest in premium products with advanced features. With blenders driving overall sales and e-commerce gaining traction, brands must focus on innovation, smart technology integrati

Heat pumps in Canada exhibited robust growth in 2025, with a 19% increase in retail volume, driven by government incentives and rising demand for energy-efficient solutions. This growth is expected to continue, with a forecast CAGR of 13%, reaching 203,600 units by 2030. The market's attractiveness is underscored by its moderate concentration, with top brands like Daikin and Mitsubishi maintaining significant shares through innovative products and strong distribution channels. As the category ev

Heat pumps in the UK experienced significant growth in 2025, driven by government initiatives and increasing consumer awareness of energy-efficient solutions. With a stable economic environment and ongoing support for heat pump adoption, the category is forecast to continue growing with a 15% retail volume CAGR. The dominance of air to water heat pumps is expected to persist, driven by their relatively easier installation and lower costs compared to ground source heat pumps. As consumers become

Heat pumps in China experienced a decline in retail volume sales in 2025, primarily due to the withdrawal of central government subsidies and a slowdown in the real estate sector. Despite this, air to water heat pumps maintained solid sales, due to local government subsidies and technological innovations. The outlook is positive, with forecasts indicating growth driven by extreme low-temperature technology, rising household incomes, and sustained government support. Key players like Haier and Mi

US heat pumps is seeing solid growth in 2025, driven by consumer preference for energy efficiency and sustainability, with air to water heat pumps dominating the market due to their relatively lower installation cost. The market is expected to continue growing, fuelled by increasing demand for sustainable heating solutions and innovative products addressing historical limitations. Key players are maintaining their positions through innovation, with a focus on convenience, customisation and local