Top Insights on the Hearth Market - key players Involved: HNI Corporation, Innovative Hearth Products, FPI Fireplace

The Latest released Global Hearth Market Report 2021-2027 provides 100+ data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.

The Global Hearth Market Report provides an in-depth assessment of the given sector’s current position and central factors. The study considers the present scenario of the Hearth market and its market dynamics for the period 2021-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

In 2020, the global Hearth market size was US$ 1559.7 million and it is expected to reach US$ 1971 million by the end of 2027, with a CAGR of 3.4% during 2021-2027.

Covid-19 Impact and Recovery Analysis:

The global Hearth market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

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Top Key Players in the Global Hearth Market: HNI Corporation, Innovative Hearth Products, FPI Fireplace, Travis Industries, SUPRA, Napoleon, Seguin Duteriez, Empire Comfort Systems, Palazzetti, GHP Group, Ningbo Hongsheng, MCZ group, Spartherm, Breckwell, La Nordica, Monessen, CALADIA, Boley, Canature

Industry News and Updates:

Home repair fintech startup Hearth raises $23 million

Austin, Texas - May 19, 2021 - This latest round of funding allows the company to enable more home improvement professionals with digital financial services, powering an industry that generates over $100 billion in annual revenue.

The funding round is led by Human Capital, a San Francisco-based venture firm. Other investors include 8VC, Suro Capital, Jay Levine, Barry Sternlicht, and The Chainsmokers. This is in addition to a $28 million round the company previously raised from investors like 8VC, Founders Fund, and Goldcrest Capital since starting the business four years ago.

Market Overview:

Hearth is an independent or brick-lined indoor heating apparatus, including fireplace, stove and inserts. Hearth begins at Europe countries. Nowadays, hearth is widely used in home place or household in Europe and North America. According to the fuel source, there are many kinds of hearth, such as wood and gas type. In the report, electric type hearth is not included.
Market competition is fierce. Although HNI Corporation has a big share, the market concentration is relatively low. The top 10 listed companies only occupy about 48% of the market.

Segmentation By Type:

Wood Type
Pellet Type
Gas Type
Others

Segmentation By Application:

Household
Commercial

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This report elaborates the market size, market characteristics, and market growth of the Hearth industry, and breaks down according to the type, application, and consumption area of Hearth. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Hearth Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Hearth Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

Reasons to Buy this Report:

-To understand the most affecting driving and restraining forces in the Hearth market and its impact on the global market.

-To gain insightful analyses of the Hearth market 2020-2026 and have a comprehensive understanding of the global market and its commercial landscape.

-To understand the future outlook and prospects for the Hearth market.

- Learn about the market policies that are being adopted by prominent organizations.

- To assess the production processes, major issues, and solutions to mitigate the development liability.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Customization of this Report: This report can be customized as per your needs for additional data up to 5 companies or countries or 40 analyst hours.

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