Efficiency and Environment : The Driving Forces Behind the Hearth Market


Posted February 13, 2023 by Prashantvi

The hearth market report share is estimated to be USD 9.3 Billion in 2021 and expected to reach USD 14.8 billion by 2027, at a CAGR of 7.7% from 2021 to 2027

 
The report "Hearth Market by Fuel Type (Wood, Electricity, Gas, Pellet), Product (Fireplaces, Inserts, Stoves), Placement, Design, Application, Fireplace Type, Vent Availability, Ignition Type, Material and Region - Global Forecast to 2027", was valued at USD 9.3 billion in 2021 and is projected to reach USD 14.8 billion by 2027, registering a CAGR of 7.7% during the forecast period. The rise in demand for hearth products is also attributed to the increasing demand for aesthetically appealing fireplaces, increasing demand for home automation, and the availability of numerous standard and customized hearth design options.

The market for items connected to fireplaces and stoves, such as stove inserts, fireplace inserts, fireplaces, fireplace mantels, and fireplace screens, is referred to as the "hearth market." The hearth industry is expanding quickly due to rising consumer demand for attractive and functional fireplaces and stoves as well as the growing acceptance of outdoor living areas.

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The market for goods associated with hearths is referred to as the to stoves and fireplaces, including stove inserts, stoves, stove mantels, fireplace screens, and fireplace inserts. The hearth industry is expanding quickly due to rising consumer demand for attractive and functional fireplaces and stoves as well as the growing acceptance of outdoor living areas.

The term "hearth market" describes the industry for goods used in fireplaces and stoves, such as stove inserts, fireplace inserts, fireplace mantels, fireplace screens, and fireplace inserts. The market for fireplaces and stoves is expanding quickly, propelled by rising demand for attractive and functional fireplaces and stoves as well as rising interest in outdoor living areas. The hearth market is the name for the market for goods that are includes stove inserts, stoves, fireplaces, fireplace mantels, fireplace screens, and fireplace inserts. The market for fireplaces and stoves is expanding quickly, propelled by rising demand for attractive and functional fireplaces and stoves as well as rising interest in outdoor living areas.

HNI Corporation (US); Glen Dimplex (Ireland); Napoleon (Canada); Travis Industries (AXIS Industrial Holdings, Inc.) (US); HPC Fire Inspired (US); Montigo (Canada); Stove Builder International (SBI) (Canada); Innovative Hearth Products (US); Empire Comfort Systems (US); GHP Group Inc (US) are some of the key players in the hearth market.

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Issued By marketsandmarkets
Country United States
Categories Electronics
Tags hearth market
Last Updated February 13, 2023