Press release
(2021-2030) Hearth Market Report - Impact Of COVID-19 Scenario Analysis, Trends, Drivers, Regions, and Segments
The Business Research Company offers "Hearth Global Market Report 2021: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The hearth market report describes and explains the global hearth market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The hearth market consists of sales of hearth by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing hearth and related products. A hearth is defined as the floor of a fireplace. A hearth is a brick or stone-lined fireplace that might have an oven occasionally and is used for heating the room and for cooking or heating water. It is made from a non-combustible material and is used for protecting the floor from sparks, burning logs, radiant heat, and flying embers that may roll out of the fireplace.
The global hearth market is expected to grow from $11.68 billion in 2020 to $12.10 billion in 2021 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to growing demand for hearth as they are considered a convenient and energy-efficient option for room heating. The hearth market is expected to reach $14.91 billion in 2025 at a CAGR of 5.4%.
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Some of the major players of the hearth market are HNI Corporation, Pacific Energy, Empire Comfort Systems Inc., Napoleon Products, FPI Fireplace Products International Ltd., Innovative Hearth Products LLC, Travis Industries Inc., Montigo, GHP Group Inc., Glen Dimplex, Stove Builder International (SBI), Hearthstone Quality Home Heating Products Inc., RH Peterson Co., Barbas Bellfires, BFM Europe Ltd., Boley, Stellar Hearth Products Inc, Element4, Hearth Products Controls Co., European Home, and Wilkening Fireplace.
The countries covered in the global hearth market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global hearth market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global hearth market is segmented -
1) By Product: Fireplace, Stove, Insert
2) By Fuel Type: Gas, Electricity, Wood, Pellet
3) By Design: Tradtional, Modern
4) By Placement: Indoor, Outdoor, Portable
5) By Application: Commercial, Residential, Others
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Few Points From Table Of Content
1. Executive Summary
2. Hearth Market Characteristics
3. Hearth Market Trends And Strategies
4. Impact Of COVID-19 On Hearth
5. Hearth Market Size And Growth
....
26. Africa Hearth Market
27. Hearth Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hearth Market
29. Hearth Market Future Outlook and Potential Analysis
30. Appendix
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