Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#22 In EuropeBusiness
#27 In EuropeEmployees
#26 In EuropeWages
#29 In EuropeBoiler producers have avoided revenue volatility in residential construction markets thanks to government subsidies and schemes, like the Boiler Upgrade Scheme, which has encouraged appliance replacement and bolsters industry sales. Tightening environmental regulations and rising energy prices have boosted the appeal of these schemes to consumers, driving up sales. However, a challenging operating environment has hindered revenue growth, characterised by import competition, soaring input inflation and relatively low private consumption levels on maintenance and repair. Similarly, stringent regulatory requirements like the European Energy-Related Products Directive have raised barriers to entry and hindered growth prospects.
Enterprises
Number of businesses in 2024
Biggest companies in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania in 2024?
The market size of the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania is €123.5m in 2024.
How many businesses are there in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry in 2024?
There are 27 businesses in the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania, which has declined at a CAGR of 3.3 % between 2019 and 2024.
Has the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania grown or declined over the past 5 years?
The market size of the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania has been growing at a CAGR of 33.7 % between 2019 and 2024.
What is the forecast growth of the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania over the next 5 years?
Over the next five years, the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania is expected to grow.
What does the Tanks, Reservoir & Metal Container Manufacturing in Lithuania include?
Boilers and Radiators are part of the Tanks, Reservoir & Metal Container Manufacturing industry.
How competitive is the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania?
The level of competition is moderate and steady in the Tanks, Reservoir & Metal Container Manufacturing industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture radiant panels, central heating radiators, boilers for central heating, boiler parts, control valves, pipework and parts for installation in residential, commercial, industrial and institutional buildings. They also manufacture reservoirs, tanks and similar metal containers.
Related Terms
BOILERCONTROL VALVERADIATORWhat's included in this industry?
Boilers Radiators Boiler PartsOther metal containersCompanies
Industry Code
2512 - Manufacture of tanks, reservoirs and containers of metal in Lithuania
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry?
Outlook
Analysis
What's driving the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry outlook?
Volatility
Analysis
What influences volatility in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Boiler replacements boost revenue generated from boiler manufacturing. Households are installing new energy-efficient or alternative fuel boilers to avoid surging energy costs that have lingered since the Russia-Ukraine conflict.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry's products and services performing?
Analysis
What are innovations in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry?
International Trade
Highlights
- Total Imports into Lithuania
- Total Exports into Lithuania
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Large, internationally integrated companies hold a substantial market share. The Vaillant Group, Robert Bosch GmbH and the Remeha Group BV have a high market share in the boiler segment thanks to their vast number of production facilities and trusted brands
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Companies must adhere to various European standards. Regulations include ISO 9001 for quality management, ISO 14001 for environmental management and ISO 45001 for occupational health and safety management, consistent across Europe.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Surging metal and component costs raise purchases and dent profit. Rapid price hikes in steel prices have pushed up purchase costs for manufacturers. For example, in 2021, the world price of steel more than doubled, squeezing profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Tanks, Reservoir & Metal Container Manufacturing in Lithuania industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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