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Hearth Market (2021 To 2030) - Industry Trends, Share, Size, Growth, Opportunity And Forecast
Hearth Market
The countries covered in the global hearth market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The regions covered in the global hearth market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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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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Global hearth market segmentation in TBRC’s report is:
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
Major players in 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.
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The Table of Contents includes:
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
.....
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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