Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

The hearth is a brick-lined fireplace that is used for heating purposes. It is used for managing the room temperature during winters as well as for cooking purpose. The hearth is made up of different materials brick and stones. It is used to improve the interiors of the house and also gives esthetical appeal. Moreover, it is also used to protect the home from flying embers, radiant heat, sparks, and burning logs.

The global hearth market is projected to surpass US$ 4.4 billion by the end of 2027, in terms of revenue, growing at CAGR of 3.7% during the forecast period (2020 to 2027).

Drivers

Growing importance of hearth as an aesthetic decorative in homes is expected to propel the market growth of the hearth. Traditionally it was used for maintaining indoor temperature but now its application has been expanded to enhance the aesthetic appeal of the living room. The use of the product is not limited to the house but are also used in the hotels and restaurants which is further expected to foster the market growth of the hearth.

An increasing number of independent houses in North America and Europe region is expected to augment the market growth of the hearth. Moreover, the growing use of hearth as a luxury showpiece among high-income population coupled with the availability of the wide variety of the hearth is also anticipated to foster market growth. Additionally, an increasing number of players in the market is another major factor expected to augment the market growth of the hearth. 

Regionally, North America dominated the global hearth market in 2019, reporting 38% market share in terms of revenue, followed by Europe and Asia-pacific, respectively.

Figure 1. Global Hearth Market, Revenue Share (%), By Region, 2019

Hearth  | Coherent Market Insights

Market Restraints

The high cost of the hearth along with the additional charges associated with the installation is expected to hinder the market growth of the hearth. Installation of hearth requires a qualified technician for proper performance and safety of the hearth product, thus increase the overall price of the product.

The availability of various substitutes for space heating is expected to adversely affect the market growth of the hearth over the forecast period. Moreover, the lack of advertising activities by manufacturers for promoting is also expected to hamper the market growth of the hearth.

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Hearth Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 3.3 Bn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 3.7% 2027 Value Projection: US$ 4.4 Bn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific
  • Middle East & Africa: South Africa, GCC Countries, Rest of Middle East & Africa
Segments covered:
  • By Fuel Type: Wood,Gas, Electric
  • By Style: Traditional, Contemporary
  • By Fireplace Type: Single-sided, Multisided
  • By Vent Type: Direct Vent, B Vent, Vent-Free
Companies covered:

HNI Corporation, Innovative Hearth Products, Empire Comfort Systems Inc., HearthStone Quality Home Heating Products Inc., Travis Industries, Regency Fireplace Products, Napoleon Fireplaces, BFM Europe, and Bigwoods Hearth Products

Growth Drivers:
  • Growing importance of hearth as an aesthetic decorative in homes
  • Increasing number of independent houses in North America and Europe region
Restraints & Challenges:
  • Lack of advertising activities by manufacturers for promoting product portfolio

Market Opportunities

Growing use of the hearth across hospitality, commercial, institution, and residential sector is expected to serve major growth opportunities. An increasing number of recreational places such as bars, restaurants, cafes, and hotels that are widely installing outdoor and indoor hearths for enhancing consumer experience and make the place artistically appealing is expected to augment the market growth of the hearth.

Increasing home automation coupled with the growing demand for smoke-less hearth is projected to offer enormous growth opportunities to the market of the hearth. Moreover, growing demand for portable hearth and increasing focus of manufacturers on tapping emerging markets across developing regions by promoting their brand is further expected to propel the market growth of the hearth over the forecast timeframe. 

Figure 2. Global Hearth Market – Opportunity Analysis

Hearth  | Coherent Market Insights

Market Trends

Increasing online shopping that enable easy accessible and convenient purchasing of the different range of products is expected to be a major trend in the market. Moreover, a growing number of brand conscious customers coupled with the increasing purchasing of the hearth from online stores across developing as well as developed regions are expected to propel the market growth of the hearth over the foreseeable timeframe.

Partnership and agreements among key players are a major trend in the market and this trend is expected to augment the market growth of the hearth. For instance, in July 2029, US Stove announced that they have finalized a partnership with Anvil Canada to distribute US Stove and Acadia Hearth (a US Stove brand) products into the specialty hearth market across Canada.

Figure 3. Global Hearth Market, Revenue Share (%), By Application, in 2019

Hearth  | Coherent Market Insights

On the basis of application, wood the global hearth market in 2019 with around 53% of market share in terms of revenue, followed by gas and electric, respectively.         

Global Hearth Market - Impact of Coronavirus (Covid-19) Pandemic

Owing to the adverse effects of the Coronavirus (Covid-19) pandemic, there has been an impact on the real estate sector. Nation-wide lockdowns have been implemented by governments across the globe which has caused rapid changing in consumer spending. People are now reluctant to more on non-essential products which will reduce the demand for hearth globally. These factors are expected to dampen the demand for global hearth market during 2020-2021.

Competitive Section:

Key players are operating in the global hearth market are HNI Corporation, Innovative Hearth Products, Empire Comfort Systems Inc., HearthStone Quality Home Heating Products Inc., Travis Industries, Regency Fireplace Products, Napoleon Fireplaces, BFM Europe, and Bigwoods Hearth Products 

Few Recent Developments

  • In November 2018 FPI Fireplace Products International, Ltd. (Regency Fireplace Products) launched new electric fireplaces to its product line to give customers greater options for fireplace installations and fuel types.

Hearth is utilized in homes widely for heating and cooking of food since ancient times. Hearth is also used for heat processing of some kinds of stones, faunal, floral resources, and wood. Hearths find its application in various sectors such as commercial, residential, and hospitality sectors. Additionally, hospitals & clinics are installing hearths for providing comfort of patients.

Market Dynamics

The global hearth market has witnessed significant growth in recent past years, owing to the rising demand for home decoration and enhancement of its aesthetic value and visual appeal. The surge in demand for emulsifying agents, gelling agents and food additives in food & beverages industry is expected to foster the demand for hearth in the next few years.

Major players in the global next-generation packaging market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as healthcare, residential, hospitality, and others. This scenario is expected to fuel the market during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of global hearth market size (US$ Billion and Units), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global hearth market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes HNI Corporation, Innovative Hearth Products, Empire Comfort Systems Inc., HearthStone Quality Home Heating Products Inc., Travis Industries, Regency Fireplace Products, Napoleon Fireplaces, BFM Europe, and Bigwoods Hearth Products
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
  • The global Hearth market report caters to various stakeholders in this industry including investors, suppliers, global hearth manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing  the global hearth market

Detailed Segmentation:

  • Global Hearth Market, By Fuel Type:
    • Wood
    • Gas
    • Electric
  • Global Hearth Market, By Style:
    • Traditional
    • Contemporary
  • Global Hearth Market, By Fireplace Type:
    • Single-sided
    • Multisided
  • Global Hearth Market, By Vent Type:
    • Direct Vent
    • B Vent
    • Vent-Free
  • Global Hearth Market, By Region:
    • North America
      • U.S.
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Canada
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
    • Latin America
      • Brazil
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Mexico
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Rest of Latin America
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
    • Europe
      • France
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Germany
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • U.K.
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Russia
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Rest of Europe
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
    • Asia Pacific
      • China
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Japan
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Australia
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • India
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Rest of the Asia-pacific
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
    • Middle East & Africa
      • GCC
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • South Africa
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
      • Rest of Middle East & Africa
        • By Fuel Type
          • Wood
          • Gas
          • Electric
        • By Style:
          • Traditional
          • Contemporary
        • By Fireplace Type:
          • Single-sided
          • Multisided
        • By Vent Type:
          • Direct Vent
          • B Vent
          • Vent-Free
  • Company Profiles
    • HNI Corporation*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Innovative Hearth Products
    • Empire Comfort Systems Inc.
    • HearthStone Quality Home Heating Products Inc.
    • Travis Industries
    • Regency Fireplace Products
    • Napoleon Fireplaces
    • BFM Europe
    • Bigwoods Hearth Products

 “*” marked represents similar segmentation in other categories in the respective.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Fuel Type
      • Market Snippet, By Style
      • Market Snippet, By Fireplace Type
      • Market Snippet, By Vent Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Hearth Market - Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Global Sodium Hypochlorite Market – COVID-19
    • Impact Analysis
  5. Global Hearth Market, By Fuel Type, 2017 - 2027 (US$ Billion and Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Wood
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Gas
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Electric
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  6. Global Hearth Market, By Style, 2017 - 2027 (US$ Billion and Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Traditional
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Contemporary
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  7. Global Hearth Market, By Fireplace Type, 2017 - 2027 (US$ Billion and Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Single-sided
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Multisided
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  8. Global Hearth Market, By Vent Type, 2017 - 2027 (US$ Billion and Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Direct Vent
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • B Vent
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Vent-Free
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  9. Global Hearth Market, By Region, 2017- 2027 (US$ Billion and Units)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • India
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2020 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Fuel Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Style, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Fireplace Type, 2017- 2027 (US$ Billion and Units)
          • Market Size and Forecast, By Vent Type, 2017- 2027 (US$ Billion and Units)
  10. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • HNI Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Innovative Hearth Products
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Empire Comfort Systems Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • HearthStone Quality Home Heating Products Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Travis Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Regency Fireplace Products
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Napoleon Fireplaces
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • BFM Europe
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Bigwoods Hearth Products
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
    •  References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Hearth Market” – global forecast to 2027

Frequently Asked Questions

The market for global hearth is forecast to surpass US$ 4.4 billion by 2027 witnessing a CAGR of 3.7% between 2020 and 2027.
Growing importance of hearth as an aesthetic decorative in homes and increasing number of independent houses in North America and Europe region is fuelling the growth of the global Hearth market in the region.
Partnership and agreements among key players which is expected to favor market growth over the forecast period.
Lack of advertising activities by manufacturers for promoting product portfolio is expected to hamper the growth the market during the forecast period.
Major players operating in the global hearth market include HNI Corporation, Innovative Hearth Products, Empire Comfort Systems Inc., HearthStone Quality Home Heating Products Inc., Travis Industries, Regency Fireplace Products, Napoleon Fireplaces, BFM Europe, and Bigwoods Hearth Products
The global hearth market was estimated to be valued around US$ 3.3 billion in terms of revenue in 2019.
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