Global Hearth Market Size study, By Fuel Type (Gas, Propane, Electric and Pallet), By Product Type (Vented, Unvented), By Application (Residential and Commercial), and Regional Forecasts 2022-2028

Description

List of Tables

Global Hearth Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. A hearth is a fireplace floor that is created from stone or brick, with or without an oven, which is generally used for both cooking and heating. The hearth protects the floor from radiant heat, flying embers, flames, and burning logs that usually fall from the fireplace. The growing demand for home automation, rising inclination towards aesthetically appealing fireplaces, and increasing availability of numerous customized hearth designs are the chief factors lifting the market demand around the world. For instance, according to Statista, nearly 259.89 million smart homes were recorded globally and the figure is anticipated to grow and reach almost 478.22 million by 2025. Thereby, the increasing number of smart homes is fueling the demand for hearth, which, in turn, accelerates the market growth in the approaching years. However, high installation and maintenance costs of hearths/fireplaces and the execution of stringent government regulations pertaining to environmental protection hinders the growth of the market over the forecast period of 2022-2028. Also, increasing demand for hearth products in the hospitality industry and rising initiatives by the leading market players are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Hearth Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising investment in novel technologies, and the presence of prominent market players such as HNI Corporation, Innovative Hearth Products, Empire Comfort Systems, and many others. Whereas, Europe is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing use of heating appliances in houses, and the growth of hospitality industry, would create lucrative growth prospects for the Hearth Market across the European region.

Major market players included in this report are:

HNI Corporation

Glen Dimplex

Napoleon

Travis Industries

HPC Fire Inspired

Montigo

Stove Builder International (SBI)

Innovative Hearth Products

Empire Comfort Systems

GHP Group Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Fuel Type:

Gas

Propane

Electric and Pallet

By Product Type:

Vented

Unvented

By Application:

Residential

Commercial

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Hearth Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Hearth Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Hearth Market, by Fuel Type, 2020-2028 (USD Million)
- 1.2.3. Hearth Market, by Product Type, 2020-2028 (USD Million)
- 1.2.4. Hearth Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Hearth Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Hearth Market Dynamics

3.1. Hearth Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing demand for home automation
  - 3.1.1.2. Increasing availability of numerous customized hearth designs
- 3.1.2. Market Challenges
  - 3.1.2.1. High installation and maintenance costs of hearths/fireplaces
  - 3.1.2.2. Execution of stringent government regulations pertaining to environmental protection
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand for hearth products in hospitality industry
  - 3.1.3.2. Rising initiatives by the leading market players

Chapter 4. Global Hearth Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Hearth Market, by Fuel Type

6.1. Market Snapshot
6.2. Global Hearth Market by Fuel Type, Performance - Potential Analysis
6.3. Global Hearth Market Estimates & Forecasts by Fuel Type, 2018-2028 (USD Million)
6.4. Hearth Market, Sub Segment Analysis
- 6.4.1. Gas
- 6.4.2. Propane
- 6.4.3. Electric and Pallet

Chapter 7. Global Hearth Market, by Product Type

7.1. Market Snapshot
7.2. Global Hearth Market by Product Type, Performance - Potential Analysis
7.3. Global Hearth Market Estimates & Forecasts by Product Type, 2018-2028 (USD Million)
7.4. Hearth Market, Sub Segment Analysis
- 7.4.1. Vented
- 7.4.2. Unvented

Chapter 8. Global Hearth Market, by Application

8.1. Market Snapshot
8.2. Global Hearth Market by Application, Performance - Potential Analysis
8.3. Global Hearth Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
8.4. Hearth Market, Sub Segment Analysis
- 8.4.1. Residential
- 8.4.2. Commercial

Chapter 9. Global Hearth Market, Regional Analysis

9.1. Hearth Market, Regional Market Snapshot
9.2. North America Hearth Market
- 9.2.1. U.S. Hearth Market
  - 9.2.1.1. Fuel Type breakdown estimates & forecasts, 2018-2028
  - 9.2.1.2. Product Type breakdown estimates & forecasts, 2018-2028
  - 9.2.1.3. Application breakdown estimates & forecasts, 2018-2028
- 9.2.2. Canada Hearth Market
9.3. Europe Hearth Market Snapshot
- 9.3.1. U.K. Hearth Market
- 9.3.2. Germany Hearth Market
- 9.3.3. France Hearth Market
- 9.3.4. Spain Hearth Market
- 9.3.5. Italy Hearth Market
- 9.3.6. Rest of Europe Hearth Market
9.4. Asia-Pacific Hearth Market Snapshot
- 9.4.1. China Hearth Market
- 9.4.2. India Hearth Market
- 9.4.3. Japan Hearth Market
- 9.4.4. Australia Hearth Market
- 9.4.5. South Korea Hearth Market
- 9.4.6. Rest of Asia Pacific Hearth Market
9.5. Latin America Hearth Market Snapshot
- 9.5.1. Brazil Hearth Market
- 9.5.2. Mexico Hearth Market
9.6. Rest of The World Hearth Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. HNI Corporation
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Glen Dimplex
- 10.2.3. Napoleon
- 10.2.4. Travis Industries
- 10.2.5. HPC Fire Inspired
- 10.2.6. Montigo
- 10.2.7. Stove Builder International (SBI)
- 10.2.8. Innovative Hearth Products
- 10.2.9. Empire Comfort Systems
- 10.2.10. GHP Group Inc

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Hearth Market, report scope
TABLE 2. Global Hearth Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Hearth Market estimates & forecasts by Fuel Type 2018-2028 (USD Million)
TABLE 4. Global Hearth Market estimates & forecasts by Product Type 2018-2028 (USD Million)
TABLE 5. Global Hearth Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 6. Global Hearth Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Hearth Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Hearth Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Hearth Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Hearth Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Hearth Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Hearth Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Hearth Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Hearth Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Hearth Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Hearth Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Hearth Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Hearth Market
TABLE 56. List of primary sources, used in the study of global Hearth Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Hearth Market, research methodology
FIG 2. Global Hearth Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Hearth Market, key trends 2021
FIG 5. Global Hearth Market, growth prospects 2022-2028
FIG 6. Global Hearth Market, porters 5 force model
FIG 7. Global Hearth Market, pest analysis
FIG 8. Global Hearth Market, value chain analysis
FIG 9. Global Hearth Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Hearth Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Hearth Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Hearth Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Hearth Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Hearth Market, regional snapshot 2018 & 2028
FIG 15. North America Hearth Market 2018 & 2028 (USD Million)
FIG 16. Europe Hearth Market 2018 & 2028 (USD Million)
FIG 17. Asia Pacific Hearth market 2018 & 2028 (USD Million)
FIG 18. Latin America Hearth Market 2018 & 2028 (USD Million)
FIG 19. Global Hearth Market, company market share analysis (2021)