Global $11.37 Bn Hearth Markets 2017-2022 – Key Players are HNI, Travis Industries, Innovative Hearth Products, FPI Fireplace Products International, and Empire Comfort Systems

The global hearth market is projected to expand at a CAGR of 2.03% over the forecast period to grow to US$11.379 billion by 2022, increasing from US$10.293 billion in 2017.

Hearths are one of the oldest forms of space heating appliance. Earlier used for domestic purposes now they have found application in wider areas such as creating relaxing and comfortable ambience in non-domestic buildings. The average increase in disposable income, improving lifestyle and demand for modernized infrastructure has raised the demand for aesthetic home decor among the customer which, in turn, has further spurred the demand for Hearth.

Furthermore, growing global tourism industry has augmented the demand for hearth system within hospitality and leisure sector. Extremely cold climatic conditions in several geographical areas are also boosting the demand of electric hearths in the major regional markets, as it is cost efficient, space efficient, easy to clean, and environment-friendly. However, traditional hearths are not eco-friendly and growing environmental sustainability concerns will hamper the market growth. Geographically, the hearth market is dominated by North America because of the presence of key players of global hearth market in the region.

Key industry players profiled as part of this section are HNI Corporation, Travis Industries, Innovative Hearth Products, FPI Fireplace Products International, and Empire Comfort Systems among others.

Segmentation

By Fuel type

By Product

By Placement

By Design

By End User

• Resident
• Commercial
• Hospitality
• Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Hearth Market Forecast by Fuel Type (US$ billion)

6. Hearth Market Forecast by Product (US$ billion)

7. Hearth Market Forecast by Placement (US$ billion)

8. Hearth Market Forecast by Design (US$ billion)

9. Hearth Market Forecast by End User (US$ billion)

10. Hearth Market Forecast by Geography (US$ billion)

11. Competitive Intelligence

12. Company Profiles

• FPI Fireplace Products International
• Montigo
• HNI Corporation
• Empire Comfort Systems
• Hearth Products Controls
• Pacific Energy
• Innovative Hearth Products
• Napoleon Products
• Travis Industries
• Hearthstone Stoves

For more information about this report visit https://www.researchandmarkets.com/research/ndxp5w/hearth_market

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SOURCE Research and Markets

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