Underfloor Heating Market Future Prospects
The global underfloor heating market size is estimated at USD 5.4 billion in 2024, and it will grow at a CAGR of 7.2% during 2025–2030, reaching USD 8.1 billion in 2030. The major factors contributing to the growth of the market include the increasing awareness about cost-effective heating solutions and rising number of construction projects. These factors are complemented by the growing population, its rapid migration to cities, and its rising disposable income and preference for more comfort and luxury.
Because of the growing demand for effective floor heating in workplaces and retail enterprises, underfloor heating systems are expected to gain traction. Major industry players are shifting their business strategies to focus on product differentiation, to meet a variety of client needs. Furthermore, the improvements in building approaches, such as insulation and controls, would encourage underfloor heating system vendors to develop better solutions.