Table of Content

1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                    FIGURE 1 HEARTH MARKET SEGMENTATION
           1.3.2 GEOGRAPHIC SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 UNITS CONSIDERED
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH DATA
          FIGURE 2 HEARTH MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY AND PRIMARY RESEARCH
           2.1.2 SECONDARY DATA
                    2.1.2.1 List of key secondary sources
                    2.1.2.2 Key data from secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 List of key primary interview participants
                    2.1.3.2 Breakdown of primaries
                                FIGURE 3 BREAKDOWN OF PRIMARIES
                    2.1.3.3 Key data from primary sources
                    2.1.3.4 Key industry insights
    2.2 FACTOR ANALYSIS
           2.2.1 SUPPLY-SIDE ANALYSIS
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE ANALYSIS) – REVENUES GENERATED BY COMPANIES FROM SALES OF PRODUCTS OFFERED IN HEARTH MARKET
           2.2.2 DEMAND-SIDE ANALYSIS
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND-SIDE ANALYSIS)
    2.3 MARKET SIZE ESTIMATION
          FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
           2.3.1 BOTTOM-UP APPROACH
                    2.3.1.1 Approach for obtaining market share using bottom-up analysis (demand side)
                                FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    2.3.2.1 Approach for obtaining market share using top-down analysis (supply side)
                                FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.3.3 GROWTH PROJECTION AND FORECASTING ASSUMPTIONS
                    TABLE 1 MARKET GROWTH ASSUMPTIONS
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
          FIGURE 9 HEARTH MARKET: DATA TRIANGULATION
    2.5 ASSUMPTIONS
          TABLE 2 KEY ASSUMPTIONS: MACRO AND MICRO-ECONOMIC ENVIRONMENT
    2.6 LIMITATIONS
    2.7 RISK ASSESSMENT
          TABLE 3 RISK ASSESSMENT: HEARTH MARKET

3 EXECUTIVE SUMMARY (Page No. - 47)
    FIGURE 10 GROWTH PROJECTION OF HEARTH MARKET IN REALISTIC SCENARIO
    FIGURE 11 INSERTS TO HOLD LARGEST SHARE OF HEARTH MARKET IN 2027
    FIGURE 12 ELECTRICITY FUEL TYPE PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    FIGURE 13 RESIDENTIAL SEGMENT EXPECTED TO HOLD LARGEST SHARE OF HEARTH MARKET IN 2027
    FIGURE 14 NORTH AMERICA TO LEAD HEARTH MARKET FROM 2022 TO 2027

4 PREMIUM INSIGHTS (Page No. - 51)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN HEARTH MARKET
          FIGURE 15 GROWING ADOPTION OF HEARTHS IN AND AROUND HOUSES TO COUNTER FRIGID WEATHER DRIVES MARKET GROWTH
    4.2 HEARTH MARKET, BY VENT AVAILABILITY
          FIGURE 16 VENTED HEARTHS TO HOLD LARGEST SHARE OF MARKET FROM 2022 TO 2027
    4.3 HEARTH MARKET, BY PLACEMENT
          FIGURE 17 INDOOR HEARTHS TO HOLD LARGEST SHARE OF MARKET DURING FORECAST PERIOD
    4.4 HEARTH MARKET, BY IGNITION TYPE
          FIGURE 18 ELECTRONIC IGNITION TO HOLD LARGEST SHARE OF  MARKET IN 2022
    4.5 HEARTH MARKET, BY APPLICATION
          FIGURE 19 RESIDENTIAL APPLICATIONS TO HOLD LARGEST SHARE OF  MARKET IN 2022
    4.6 HEARTH MARKET, BY REGION
          FIGURE 20 NORTH AMERICA TO HOLD LARGEST SHARE OF  MARKET IN 2027
    4.7 HEARTH MARKET, BY COUNTRY
          FIGURE 21 CHINA TO RECORD HIGHEST CAGR IN OVERALL MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 22 HEARTH MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for home automation
                                FIGURE 23 HOME AUTOMATION GROWTH IN NORTH AMERICA, 2016–2021
                    5.2.1.2 Increasing demand for esthetically appealing fireplaces
                    5.2.1.3 Growing adoption of hearths in and around houses to counter frigid weather
                    5.2.1.4 Availability of numerous customized hearth designs
                                FIGURE 24 MARKET DRIVERS AND THEIR IMPACT
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation and maintenance costs of hearths/fireplaces
                                FIGURE 25 MARKET RESTRAINTS AND THEIR IMPACT
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing demand for hearth products in hospitality industry
                    5.2.3.2 Replacing aging space heating equipment
                                FIGURE 26 MARKET OPPORTUNITIES AND THEIR IMPACT
           5.2.4 CHALLENGES
                    5.2.4.1 Strict government regulations pertaining to environmental protection
                                FIGURE 27 MARKET CHALLENGES AND THEIR IMPACT
    5.3 SUPPLY CHAIN ANALYSIS
          FIGURE 28 SUPPLY CHAIN OF HEARTH MARKET
           5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN  MARKET
                    FIGURE 29 REVENUE SHIFT IN  MARKET
    5.4 HEARTH MARKET ECOSYSTEM
          FIGURE 30 ECOSYSTEM OF HEARTH MARKET
          TABLE 4 LIST OF HEARTH PRODUCT MANUFACTURERS AND SUPPLIERS
    5.5 TECHNOLOGY ANALYSIS
           5.5.1 TECHNOLOGY TRENDS IN HEARTH MARKET
    5.6 PORTER’S FIVE FORCES ANALYSIS
          TABLE 5 HEARTH MARKET: PORTER’S FIVE FORCES ANALYSIS
          FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
           5.6.1 THREAT OF NEW ENTRANTS
           5.6.2 THREAT OF SUBSTITUTES
           5.6.3 BARGAINING POWER OF SUPPLIERS
           5.6.4 BARGAINING POWER OF BUYERS
           5.6.5 INTENSITY OF COMPETITIVE RIVALRY
    5.7 CASE STUDY
           5.7.1 FLOATING HEARTH
           5.7.2 USE OF MATERIALS AND FURNISHINGS TO ACHIEVE THEATRICAL FEEL
           5.7.3 HEALING ENVIRONMENT FOR PATIENTS
    5.8 AVERAGE SELLING PRICE ANALYSIS
           5.8.1 AVERAGE SELLING PRICE OF HEARTH PRODUCTS BY KEY PLAYERS, BY FUEL TYPE
                    FIGURE 32 AVERAGE SELLING PRICE OF KEY PLAYERS, BY FUEL TYPE
                    TABLE 6 AVERAGE SELLING PRICE OF HEARTH PRODUCTS BY KEY PLAYERS, BY FUEL TYPE (USD)
           5.8.2 AVERAGE SELLING PRICE TREND
                    TABLE 7 AVERAGE SELLING PRICE OF HEARTH PRODUCTS, BY FUEL TYPE (USD)
                    FIGURE 33 AVERAGE PRICE: MARKET, BY FUEL TYPE
    5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
           5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 34 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
                    TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
           5.9.2 BUYING CRITERIA
                    FIGURE 35 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
                    TABLE 9 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
    5.10 TRADE ANALYSIS
           5.10.1 IMPORT SCENARIO
                     TABLE 10 IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
           5.10.2 EXPORT SCENARIO
                     TABLE 11 EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
    5.11 PATENT ANALYSIS, 2012–2021
           FIGURE 36 NUMBER OF PATENTS GRANTED FOR MARKET, 2012–2021
           FIGURE 37 REGIONAL ANALYSIS OF PATENTS GRANTED FOR HEARTH MARKET, 2021
           TABLE 12 LIST OF PATENTS IN MARKET, 2020–2021
    5.12 KEY CONFERENCES & EVENTS, 2022–2023
           TABLE 13 HEARTH MARKET: DETAILED LIST OF CONFERENCES & EVENTS
    5.13 TARIFFS AND REGULATORY LANDSCAPE
           TABLE 14 CODES AND STANDARDS RELATED TO MARKET
    5.14 REGULATIONS AND REQUIREMENTS FOR MASONRY FIREPLACES AND CHIMNEYS
           TABLE 15 SUMMARY OF REQUIREMENTS FOR MASONRY FIREPLACES AND CHIMNEYS

6 HEARTH MARKET, BY PRODUCT (Page No. - 81)
    6.1 INTRODUCTION
          FIGURE 38 INSERTS PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
          TABLE 16 MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
          TABLE 17 MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
    6.2 FIREPLACES
           6.2.1 FIREPLACES ARE STRUCTURES TO COOK OR GET LIGHT AND HEAT
                    TABLE 18 FIREPLACES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 19 FIREPLACES: MARKET, BY REGION, 2022–2027 (USD MILLION)
    6.3 STOVES
           6.3.1 MODERN WOOD STOVES ARE CLEAN AND EFFICIENT WITH SEVERAL ENVIRONMENTAL BENEFITS
                    TABLE 20 STOVES: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 21 STOVES: MARKET, BY REGION, 2022–2027 (USD MILLION)
    6.4 INSERTS
           6.4.1 INSERTS CAN BE POWERED BY GAS, PROPANE, ELECTRICITY, PELLET, WOOD, AND COAL
                    TABLE 22 INSERTS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 23 INSERTS: MARKET, BY REGION, 2022–2027 (USD MILLION)

7 HEARTH MARKET, BY FUEL TYPE (Page No. - 87)
    7.1 INTRODUCTION
          FIGURE 39 ELECTRICITY FUEL TYPE PROJECTED TO HOLD LARGEST MARKET SHARE IN 2027
          TABLE 24 MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)
          TABLE 25 MARKET, BY FUEL TYPE, 2022–2027 (USD MILLION)
          TABLE 26 MARKET, BY FUEL TYPE, 2018–2021 (THOUSAND UNITS)
          TABLE 27 MARKET, BY FUEL TYPE, 2022–2027 (THOUSAND UNITS)
    7.2 WOOD
           7.2.1 WOOD IS COMPATIBLE FOR USE IN INDOOR AND OUTDOOR HEARTHS
                    TABLE 28 WOOD: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 29 WOOD: MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.3 GAS
           7.3.1 MODERN GAS HEARTHS ARE VISUALLY ATTRACTIVE AND EASY TO USE
                    TABLE 30 GAS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 31 GAS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.4 ELECTRICITY
           7.4.1 LOWER INSTALLATION AND MAINTENANCE COSTS OF ELECTRIC HEARTHS LIKELY TO ACCELERATE THEIR DEMAND
                    TABLE 32 ELECTRICITY: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 33 ELECTRICITY: MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.5 PELLET
           7.5.1 PELLET HEARTHS CAN BURN VARIETY OF MATERIALS, INCLUDING BY-PRODUCTS OF SAWMILLS
                    TABLE 34 PELLET: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 35 PELLET: MARKET, BY REGION, 2022–2027 (USD MILLION)

8 HEARTH MARKET, BY PLACEMENT (Page No. - 94)
    8.1 INTRODUCTION
          FIGURE 40 INDOOR HEARTHS PROJECTED TO OCCUPY LARGEST MARKET SHARE IN 2027
          TABLE 36 MARKET, BY PLACEMENT, 2018–2021 (USD MILLION)
          TABLE 37 MARKET, BY PLACEMENT, 2022–2027 (USD MILLION)
    8.2 INDOOR HEARTHS
           8.2.1 INDOOR HEARTHS ARE INTEGRATED WITH DIFFERENT TECHNOLOGIES AND COME IN VARIED SHAPES AND SIZES
                    TABLE 38 INDOOR HEARTHS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 39 INDOOR HEARTHS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.3 OUTDOOR HEARTHS
           8.3.1 OUTDOOR HEARTHS CONTRIBUTE TO ESTHETIC VALUE OF A PLACE
                    TABLE 40 OUTDOOR HEARTHS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 41 OUTDOOR HEARTHS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.4 PORTABLE HEARTHS
           8.4.1 PORTABLE HEARTHS ARE FUEL-EFFICIENT AND AFFORDABLE
                    TABLE 42 PORTABLE HEARTHS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 43 PORTABLE HEARTHS: MARKET, BY REGION, 2022–2027 (USD MILLION)

9 HEARTH MARKET, BY DESIGN (Page No. - 99)
    9.1 INTRODUCTION
          FIGURE 41 MODERN HEARTHS EXPECTED TO REGISTER HIGHER CAGR BETWEEN 2022 AND 2027
          TABLE 44 MARKET, BY DESIGN, 2018–2021 (USD MILLION)
          TABLE 45 MARKET, BY DESIGN, 2022–2027 (USD MILLION)
    9.2 TRADITIONAL HEARTHS
           9.2.1 DIFFICULTY IN SWEEPING CHIMNEYS INCREASE MAINTENANCE AND OPERATIONAL COSTS
                    TABLE 46 TRADITIONAL HEARTHS:  MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 47 TRADITIONAL HEARTHS: MARKET, BY REGION, 2022–2027 (USD MILLION)
    9.3 MODERN HEARTHS
           9.3.1 MODERN HEARTHS EMIT ALMOST ZERO CARBON DIOXIDE AND CARBON MONOXIDE
                    TABLE 48 MODERN HEARTHS: MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 49 MODERN HEARTHS: MARKET, BY REGION, 2022–2027 (USD MILLION)
           9.3.2 SENSORS
           9.3.3 BURNERS
           9.3.4 REMOTE CONTROL SYSTEMS
           9.3.5 VALVE KITS
           9.3.6 OTHER COMPONENTS

10 HEARTH MARKET, BY IGNITION TYPE (Page No. - 105)
     10.1 INTRODUCTION
             FIGURE 42 ELECTRONIC IGNITION EXPECTED TO REGISTER HIGHER CAGR BETWEEN 2022 AND 2027
             TABLE 50 HEARTH MARKET, BY IGNITION TYPE, 2018–2021 (USD MILLION)
             TABLE 51 HEARTH MARKET, BY IGNITION TYPE, 2022–2027 (USD MILLION)
     10.2 ELECTRONIC IGNITION
             10.2.1 ELECTRONIC IGNITION SYSTEMS REQUIRE LOW POWER INPUT TO WORK
             10.2.2 INTERMITTENT PILOT IGNITION (IPI)
                        10.2.2.1 IPI helps control hearth systems and increases overall energy efficiency
             10.2.3 HOT SURFACE IGNITION
                        10.2.3.1 Hot surface ignition is considered more efficient and is more commonly used
     10.3 STANDING PILOT IGNITION
             10.3.1 MODERN STANDING PILOT IGNITION SYSTEMS COME WITH REMOTE CONTROL

11 HEARTH MARKET, BY VENT AVAILABILITY (Page No. - 109)
     11.1 INTRODUCTION
             FIGURE 43 VENTED HEARTHS EXPECTED TO REGISTER HIGHER CAGR BETWEEN 2022 AND 2027
             TABLE 52 MARKET, BY VENT AVAILABILITY, 2018–2021 (USD MILLION)
             TABLE 53 MARKET, BY VENT AVAILABILITY, 2022–2027 (USD MILLION)
     11.2 VENTED HEARTHS
             11.2.1 DIRECT AND POWER VENTING ARE REPLACING TRADITIONAL NATURAL DRAFT VENTING
     11.3 UNVENTED HEARTHS
             11.3.1 UNVENTED HEARTHS CONSIST OF ELECTRIC FIREPLACES OR INSERTS THAT DO NOT BURN GASES

12 HEARTH MARKET, BY APPLICATION (Page No. - 113)
     12.1 INTRODUCTION
             FIGURE 44 RESIDENTIAL SEGMENT PROJECTED TO HOLD LARGEST MARKET SHARE IN 2027
             TABLE 54 HEARTH MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
             TABLE 55 HEARTH MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.2 RESIDENTIAL
             12.2.1 HEATING EFFICIENCY OF HEARTHS DRIVES MARKET FOR RESIDENTIAL APPLICATIONS
                        TABLE 56 RESIDENTIAL: MARKET, BY REGION, 2018–2021 (USD MILLION)
                        TABLE 57 RESIDENTIAL: MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.3 COMMERCIAL
             12.3.1 HEARTHS IN COMMERCIAL SETTINGS CREATE A WARM AND INVITING ENVIRONMENT
                        TABLE 58 COMMERCIAL: MARKET, BY REGION, 2018–2021 (USD MILLION)
                        TABLE 59 COMMERCIAL: MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.4 HOSPITALITY
             12.4.1 HEARTHS ARE INSTALLED IN HOSPITALS TO PROVIDE STRESS-REDUCING ATMOSPHERE FOR PATIENTS
                        TABLE 60 HOSPITALITY: MARKET, BY REGION, 2018–2021 (USD MILLION)
                        TABLE 61 HOSPITALITY: MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.5 INSTITUTIONAL
             12.5.1 HEARTHS USED IN INSTITUTIONS PROVIDE A PEACEFUL AND COMFOR                        TABLE AMBIENCE
                        TABLE 62 INSTITUTIONAL: MARKET, BY REGION, 2018–2021 (USD MILLION)
                        TABLE 63 INSTITUTIONAL: MARKET, BY REGION, 2022–2027 (USD MILLION)

13 HEARTH MARKET, BY FIREPLACE TYPE (Page No. - 120)
     13.1 INTRODUCTION
     13.2 SINGLE-SIDED
             13.2.1 SINGLE-SIDED FIREPLACES PROVIDE CLEAR VIEWS AND BOLD FLAMES WHILE BEING COST-EFFICIENT
     13.3 MULTI-SIDED
             13.3.1 MULTI-SIDED FIREPLACES PROVIDE EVEN DISTRIBUTION OF HEAT BETWEEN SPACES

14 HEARTH MARKET, BY TYPE OF MATERIAL (Page No. - 121)
     14.1 INTRODUCTION
     14.2 BRICKS
             14.2.1 BRICKS ARE PRIMARILY USED IN FIREPLACE SURROUNDS
     14.3 GRANITE
             14.3.1 GRANITE BEING HIGHLY DURABLE IS COMMONLY USED IN FIREPLACES
     14.4 MARBLE
             14.4.1 HIGH HEAT RESISTANCE MAKES MARBLE SUITABLE FOR USE WITH VARIETY OF FIREPLACES
     14.5 STONES
             14.5.1 LIMESTONE OFFERS DURABILITY AND HEAT TOLERANCE
     14.6 CONCRETE
             14.6.1 CONCRETE IS ONE OF THE MOST VERSATILE MATERIALS FOR HEARTHS
     14.7 SLATE
             14.7.1 SLATE OFFERS HIGH DURABILITY, ATTRACTIVE DESIGN, AND EASE OF CLEANING
     14.8 QUARRY TILES
             14.8.1 QUARRY TILES HELP CREATE TRADITIONAL LOOK FOR FIREPLACES

15 GEOGRAPHIC ANALYSIS (Page No. - 123)
     15.1 INTRODUCTION
             FIGURE 45 NORTH AMERICA PROJECTED TO OCCUPY LARGEST MARKET SHARE IN 2027
             TABLE 64 HEARTH MARKET, BY REGION, 2018–2021 (USD MILLION)
             TABLE 65 HEARTH MARKET, BY REGION, 2022–2027 (USD MILLION)
     15.2 NORTH AMERICA
             15.2.1 DUE TO COLD CLIMATIC CONDITIONS, HEATING DEVICES ARE WIDELY USED THROUGHOUT NORTH AMERICA
                        FIGURE 46 NORTH AMERICA: HEARTH MARKET SNAPSHOT
                        TABLE 66 NORTH AMERICA: MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
                        TABLE 67 NORTH AMERICA: MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
                        TABLE 68 NORTH AMERICA: MARKET, BY DESIGN, 2018–2021 (USD MILLION)
                        TABLE 69 NORTH AMERICA: MARKET, BY DESIGN, 2022–2027 (USD MILLION)
                        TABLE 70 NORTH AMERICA: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                        TABLE 71 NORTH AMERICA: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                        TABLE 72 NORTH AMERICA: MARKET, BY PLACEMENT, 2018–2021 (USD MILLION)
                        TABLE 73 NORTH AMERICA: MARKET, BY PLACEMENT, 2022–2027 (USD MILLION)
                        TABLE 74 NORTH AMERICA: MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)
                        TABLE 75 NORTH AMERICA: MARKET, BY FUEL TYPE, 2022–2027 (USD MILLION)
                        TABLE 76 NORTH AMERICA: MARKET, BY FUEL TYPE, 2018–2021 (THOUSAND UNITS)
                        TABLE 77 NORTH AMERICA: MARKET, BY FUEL TYPE, 2022–2027 (THOUSAND UNITS)
                        TABLE 78 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                        TABLE 79 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             15.2.2 US
                        15.2.2.1 Hearth products based on gas and electricity with newer technologies are being used increasingly
                                      TABLE 80 US: MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
                                      TABLE 81 US: MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
                                      TABLE 82 US: MARKET, BY DESIGN, 2018–2021 (USD MILLION)
                                      TABLE 83 US: MARKET, BY DESIGN, 2022–2027 (USD MILLION)
                                      TABLE 84 US: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                      TABLE 85 US: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                                      TABLE 86 US: MARKET, BY PLACEMENT, 2018–2021 (USD MILLION)
                                      TABLE 87 US: MARKET, BY PLACEMENT, 2022–2027 (USD MILLION)
                                      TABLE 88 US: MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)
                                      TABLE 89 US: MARKET, BY FUEL TYPE, 2022–2027 (USD MILLION)
             15.2.3 CANADA
                        15.2.3.1 Canada witnessed slow adoption of hearth products due to various regulatory issues
             15.2.4 MEXICO
                        15.2.4.1 Consumers are more inclined toward esthetic value of hearths than performance
     15.3 EUROPE
             FIGURE 47 EUROPE: HEARTH MARKET SNAPSHOT
             TABLE 90 EUROPE: MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
             TABLE 91 EUROPE: MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
             TABLE 92 EUROPE: MARKET, BY DESIGN, 2018–2021 (USD MILLION)
             TABLE 93 EUROPE: MARKET, BY DESIGN, 2022–2027 (USD MILLION)
             TABLE 94 EUROPE: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
             TABLE 95 EUROPE: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 96 EUROPE: MARKET, BY PLACEMENT, 2018–2021 (USD MILLION)
             TABLE 97 EUROPE: MARKET, BY PLACEMENT, 2022–2027 (USD MILLION)
             TABLE 98 EUROPE: MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)
             TABLE 99 EUROPE: MARKET, BY FUEL TYPE, 2022–2027 (USD MILLION)
             TABLE 100 EUROPE: MARKET, BY FUEL TYPE, 2018–2021 (THOUSAND UNITS)
             TABLE 101 EUROPE: MARKET, BY FUEL TYPE, 2022–2027 (THOUSAND UNITS)
             TABLE 102 EUROPE: MARKET, BY REGION, 2018–2021 (USD MILLION)
             TABLE 103 EUROPE: MARKET, BY REGION, 2022–2027 (USD MILLION)
             15.3.1 EU5
                        15.3.1.1 UK
                                     15.3.1.1.1 Government regulations on air cleanliness influence hearth market
                        15.3.1.2 Germany
                                     15.3.1.2.1 Rising air pollution has led to reduced adoption of wood-based hearth products
                        15.3.1.3 France
                                     15.3.1.3.1 French citizens prefer fireplaces with classic and traditional designs
                        15.3.1.4 Italy
                                     15.3.1.4.1 Hearths in Italy are famous due to their modern and contemporary designs
                        15.3.1.5 Spain
                                     15.3.1.5.1 Spain is one of the fastest-growing markets for gas-based hearths in EU5 region
             15.3.2 EASTERN EUROPE
                        15.3.2.1 Growing tourism expected to drive market
             15.3.3 RUSSIA
                        15.3.3.1 Traditional European-style fireplaces are more prominent in Russia
             15.3.4 REST OF EUROPE
     15.4 ASIA PACIFIC
             FIGURE 48 ASIA PACIFIC: HEARTH MARKET SNAPSHOT
             TABLE 104 ASIA PACIFIC: MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
             TABLE 105 ASIA PACIFIC: MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
             TABLE 106 ASIA PACIFIC: MARKET, BY DESIGN, 2018–2021 (USD MILLION)
             TABLE 107 ASIA PACIFIC: MARKET, BY DESIGN, 2022–2027 (USD MILLION)
             TABLE 108 ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
             TABLE 109 ASIA PACIFIC: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 110 ASIA PACIFIC: MARKET, BY PLACEMENT, 2018–2021 (USD MILLION)
             TABLE 111 ASIA PACIFIC: MARKET, BY PLACEMENT, 2022–2027 (USD MILLION)
             TABLE 112 ASIA PACIFIC: MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)
             TABLE 113 ASIA PACIFIC: MARKET, BY FUEL TYPE, 2022–2027 (USD MILLION)
             TABLE 114 ASIA PACIFIC: MARKET, BY REGION, 2018–2021 (USD MILLION)
             TABLE 115 ASIA PACIFIC: MARKET, BY REGION, 2022–2027 (USD MILLION)
             15.4.1 CHINA
                        15.4.1.1 China’s growing economy is expected to drive market for fireplace hearths
             15.4.2 JAPAN
                        15.4.2.1 Japan adopts modern types of fireplaces that provide better fuel efficiency
             15.4.3 SOUTHEAST ASIA
                        15.4.3.1 Financial stability of South Korea is likely to aid market growth
             15.4.4 REST OF ASIA PACIFIC
     15.5 ROW
             TABLE 116 ROW: MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
             TABLE 117 ROW: MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
             TABLE 118 ROW: MARKET, BY DESIGN, 2018–2021 (USD MILLION)
             TABLE 119 ROW: MARKET, BY DESIGN, 2022–2027 (USD MILLION)
             TABLE 120 ROW: MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
             TABLE 121 ROW: MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 122 ROW: MARKET, BY PLACEMENT, 2018–2021 (USD MILLION)
             TABLE 123 ROW: HEARTH MARKET, BY PLACEMENT, 2022–2027 (USD MILLION)
             TABLE 124 ROW: MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)
             TABLE 125 ROW: MARKET, BY FUEL TYPE, 2022–2027 (USD MILLION)
             TABLE 126 ROW: MARKET, BY REGION, 2018–2021 (USD MILLION)
             TABLE 127 ROW: MARKET, BY REGION, 2022–2027 (USD MILLION)
             15.5.1 SOUTH AMERICA
                        15.5.1.1 Growing market for biomass pellets in Brazil is expected to drive hearth market
             15.5.2 MIDDLE EAST & AFRICA
                        15.5.2.1 Growing tourism sector in Middle East expected to drive regional demand for hearths

16 COMPETITIVE LANDSCAPE (Page No. - 150)
     16.1 OVERVIEW
     16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
             TABLE 128 OVERVIEW OF STRATEGIES DEPLOYED BY KEY HEARTH COMPANIES
             16.2.1 PRODUCT PORTFOLIO
             16.2.2 REGIONAL FOCUS
             16.2.3 MANUFACTURING FOOTPRINT
             16.2.4 ORGANIC/INORGANIC STRATEGIES
     16.3 MARKET SHARE ANALYSIS, 2021
             TABLE 129 HEARTH MARKET: MARKET SHARE ANALYSIS (2021)
     16.4 5-YEAR COMPANY REVENUE ANALYSIS
             FIGURE 49 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN HEARTH MARKET, 2017–2021
     16.5 COMPANY EVALUATION QUADRANT
             16.5.1 STARS
             16.5.2 EMERGING LEADERS
             16.5.3 PERVASIVE PLAYERS
             16.5.4 PARTICIPANTS
                       FIGURE 50 HEARTH MARKET: COMPANY EVALUATION QUADRANT, 2021
     16.6 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
             TABLE 130 HEARTH MARKET: DETAILED LIST OF KEY START-UPS/SMES
             TABLE 131 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES(SME) IN HEARTH MARKET
             TABLE 132 HEARTH MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES (PRODUCT FOOTPRINT)
             TABLE 133 HEARTH MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES (APPLICATION FOOTPRINT)
             TABLE 134 HEARTH MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES (REGION FOOTPRINT)
             16.6.1 PROGRESSIVE COMPANIES
             16.6.2 RESPONSIVE COMPANIES
             16.6.3 DYNAMIC COMPANIES
             16.6.4 STARTING BLOCKS
                        FIGURE 51 START-UP/SME EVALUATION MATRIX
     16.7 COMPANY FOOTPRINT
             TABLE 135 COMPANY FOOTPRINT
             TABLE 136 COMPANY-WISE PRODUCT FOOTPRINT
             TABLE 137 COMPANY-WISE APPLICATION FOOTPRINT
             TABLE 138 COMPANY-WISE REGION FOOTPRINT
     16.8 COMPETITIVE SITUATIONS AND TRENDS
             16.8.1 PRODUCT LAUNCHES
                        TABLE 139 PRODUCT LAUNCHES, MARCH 2019–MAY 2022
             16.8.2 DEALS
                        TABLE 140 DEALS, MARCH 2019–MAY 2022

17 COMPANY PROFILES (Page No. - 170)
(Business Overview, Products/solutions/services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     17.1 KEY PLAYERS
             17.1.1 HNI CORPORATION
                        TABLE 141 HNI CORPORATION: COMPANY OVERVIEW
                        FIGURE 52 HNI CORPORATION: COMPANY SNAPSHOT
                        TABLE 142 HNI CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 143 HNI CORPORATION: DEALS
             17.1.2 GLEN DIMPLEX
                        TABLE 144 GLEN DIMPLEX: COMPANY OVERVIEW
                        TABLE 145 GLEN DIMPLEX: PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 146 GLEN DIMPLEX: PRODUCT LAUNCHES/DEVELOPMENTS
                        TABLE 147 GLEN DIMPLEX: DEALS
             17.1.3 NAPOLEON
                        TABLE 148 NAPOLEON: COMPANY OVERVIEW
                        TABLE 149 NAPOLEON: PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 150 NAPOLEON: PRODUCT LAUNCHES/DEVELOPMENTS
             17.1.4 TRAVIS INDUSTRIES (AXIS INDUSTRIAL HOLDINGS)
                        TABLE 151 TRAVIS INDUSTRIES (AXIS INDUSTRIAL HOLDINGS): COMPANY OVERVIEW
                        TABLE 152 TRAVIS INDUSTRIES (AXIS INDUSTRIAL HOLDINGS): PRODUCT/SOLUTION/SERVICE OFFERINGS
             17.1.5 HPC FIRE INSPIRED
                        TABLE 153 HPC FIRE INSPIRED: COMPANY OVERVIEW
                        TABLE 154 HPC FIRE INSPIRED: PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 155 HPC FIRE INSPIRED: PRODUCT LAUNCHES/DEVELOPMENTS
                        TABLE 156 HPC FIRE INSPIRED: DEALS
             17.1.6 MONTIGO
                        TABLE 157 MONTIGO: COMPANY OVERVIEW
                        TABLE 158 MONTIGO: PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 159 MONTIGO: PRODUCT LAUNCHES/DEVELOPMENTS
             17.1.7 STOVE BUILDER INTERNATIONAL (SBI)
                        TABLE 160 STOVE BUILDER INTERNATIONAL (SBI): COMPANY OVERVIEW
                        TABLE 161 STOVE BUILDER INTERNATIONAL (SBI): PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 162 STOVE BUILDER INTERNATIONAL (SBI): PRODUCT LAUNCHES/DEVELOPMENTS
                        TABLE 163 STOVE BUILDER INTERNATIONAL (SBI): DEALS
             17.1.8 INNOVATIVE HEARTH PRODUCTS
                        TABLE 164 INNOVATIVE HEARTH PRODUCTS: COMPANY OVERVIEW
                        TABLE 165 INNOVATIVE HEARTH PRODUCTS: PRODUCT/SOLUTION/SERVICE OFFERINGS
             17.1.9 EMPIRE COMFORT SYSTEMS
                        TABLE 166 EMPIRE COMFORT SYSTEMS: COMPANY OVERVIEW
                        TABLE 167 EMPIRE COMFORT SYSTEMS: PRODUCT/SOLUTION/SERVICE OFFERINGS
                        TABLE 168 EMPIRE COMFORT SYSTEMS: DEALS
             17.1.10 GHP GROUP INC
                        TABLE 169 GHP GROUP INC: COMPANY OVERVIEW
                        TABLE 170 GHP GROUP INC: PRODUCT/SOLUTION/SERVICE OFFERINGS
     17.2 OTHER PLAYERS
             17.2.1 HEARTHSTONE QUALITY HOME HEATING PRODUCTS INC.
                        TABLE 171 HEARTHSTONE QUALITY HOME HEATING PRODUCTS INC.: COMPANY OVERVIEW
             17.2.2 RH PETERSON CO.
                        TABLE 172 RH PETERSON CO.: COMPANY OVERVIEW
             17.2.3 BFM EUROPE LTD
                        TABLE 173 BFM EUROPE LTD: COMPANY OVERVIEW
             17.2.4 WILKENING FIREPLACE.
                        TABLE 174 WILKENING FIREPLACE.: COMPANY OVERVIEW
             17.2.5 JOTUL AS
                        TABLE 175 JOTUL AS: COMPANY OVERVIEW
             17.2.6 NORDPEIS
                        TABLE 176 NORDPEIS: COMPANY OVERVIEW
             17.2.7 BOLEY
                        TABLE 177 BOLEY: COMPANY OVERVIEW
             17.2.8 EUROPEAN HOME
                        TABLE 178 EUROPEAN HOME: COMPANY OVERVIEW
             17.2.9 BARBAS BELLFIRES
                        TABLE 179 BARBAS BELLFIRES: COMPANY OVERVIEW
             17.2.10 MENDOTA
                        TABLE 180 MENDOTA: COMPANY OVERVIEW
             17.2.11 PACIFIC ENERGY
                        TABLE 181 PACIFIC ENERGY: COMPANY OVERVIEW
             17.2.12 STELLAR HEARTH PRODUCTS
                        TABLE 182 STELLAR HEARTH PRODUCTS: COMPANY OVERVIEW
             17.2.13 FPI FIREPLACE PRODUCTS INTERNATIONAL LTD.
                        TABLE 183 FPI FIREPLACE PRODUCTS INTERNATIONAL LTD.: COMPANY OVERVIEW
             17.2.14 RASMUSSEN GAS LOGS
                        TABLE 184 RASMUSSEN GAS LOGS: COMPANY OVERVIEW
             17.2.15 MELROY PLUMBING & HEATING, INC.
                        TABLE 185 MELROY PLUMBING & HEATING, INC.: COMPANY OVERVIEW

*Details on Business Overview, Products/solutions/services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

18 APPENDIX (Page No. - 211)
     18.1 DISCUSSION GUIDE
     18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     18.3 AVAILABLE CUSTOMIZATIONS
     18.4 RELATED REPORTS
     18.5 AUTHOR DETAILS