Hearth Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the hearth industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected hearth market growth numbers 2021-2030.
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The Hearth Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global hearth market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Hearth Global Market Report 2021 covers hearth market drivers, hearth market trends, hearth market growth rate, hearth market major players, player-adopted strategies in the market, and hearth market size.
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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The report covers the hearth market segments-
1) By Product: Fireplace, Stove, Insert
2) By Fuel Type: Gas, Electricity, Wood, Pellet
3) By Design: Traditional, Modern
4) By Placement: Indoor, Outdoor, Portable
5) By Application: Commercial, Residential, Others
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