Market Overview:
The global contemporary fireplace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and eco-friendly heating solutions, rising disposable income, and growing awareness about the benefits of using contemporary fireplaces. The metal fireplace segment is expected to lead the global contemporary fireplace market in terms of revenue during the forecast period. This segment is projected to grow at a CAGR of 6% during the forecast period. The glass fireplace segment is projected to grow at a CAGR of 4% during the same period owing to its growing popularity among consumers due to their sleek design and aesthetic appeal.
Product Definition:
A contemporary fireplace is a type of fireplace that is designed to be used in modern homes. It typically has a sleek, minimalist design and it often uses gas or electric heating instead of wood. Contemporary fireplaces are important because they provide a safe and easy way to heat your home, and they can also be used as a decorative feature in your living room or bedroom.
Metal Fireplace:
Metal fireplace is a device that is used to generate and hold heat in order to provide warmth during winters. It also has the ability to burn candles, kerosene or other fuels. The contemporary metal fireplace market is driven by factors such as increasing disposable income, growing population coupled with rapid urbanization and changing lifestyle of consumers which are expected to drive the demand for this product over the forecast period.
Glass Fireplace:
Glass Fireplace is a modern addition to the home décor and has been witnessing an increasing demand among consumers. It is used as an alternative to the traditional fireplaces which have metal or wooden surround. The glass surrounding around the flame provides a contemporary look and feel of space with lighted candles or even small fireside log.
The product comes in various sizes, shapes, colors, and materials; based on consumer preference along with their homes’ interior design theme.
Application Insights:
The commercial application segment dominated the global market, accounting for more than 70.0% share of the total revenue in 2017. The growth can be attributed to an increase in demand for high end commercial spaces with a modern feel and ambiance. Fireplaces are installed within offices, hotels, restaurants and shopping malls as it provides a cozy setting while working or relaxing at the same time improves employee productivity by creating a relaxed work environment.
The household application segment is expected to witness significant growth over the forecast period owing to rising disposable income among households across various regions including Asia Pacific and Middle East & Africa.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of households that have adopted fireplaces as an essential part of home d©cor. This trend is projected to continue driving the demand for modern fireplace solutions in this region. Moreover, increasing disposable income levels coupled with rising population are likely to contribute toward industry growth over the next eight years.
Europe accounted for more than 25% share of global revenue in 2017 owing to growing popularity of fireplaces among consumers, especially those living alone or with friends and family who prefer having a cosy atmosphere at home during cold season evenings or weekends.
North America also held a significant market share followed by Asia Pacific due to presence various countries such as U S A.
Growth Factors:
- Increasing demand for contemporary fireplaces in the residential sector as a result of their growing popularity as a home décor element.
- Rising disposable income of consumers, which is enabling them to invest in high-end fireplace products.
- Proliferation of online retail channels, through which consumers can purchase contemporary fireplaces at competitive prices.
- Growing interest among architects and builders in using contemporary fireplaces as a way to enhance the aesthetics of buildings and homes.
- Technological advancements that are making contemporary fireplaces more efficient and easier to use, thereby increasing their appeal among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Contemporary Fireplace Market Research Report
By Type
Metal Fireplace, Glass Fireplace, Stone Fireplace
By Application
Household, Commercial
By Companies
DAE chimeneas, EcoSmart Fire, Escea, Focus, GlammFire, HEAT & GLO, HERGOM, PIMAR, Purline-Climacity, Acquaefuoco, DAE chimeneas, Axis, Barbas, Bellfires, CL Design
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Contemporary Fireplace Market Report Segments:
The global Contemporary Fireplace market is segmented on the basis of:
Types
Metal Fireplace, Glass Fireplace, Stone Fireplace
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DAE chimeneas
- EcoSmart Fire
- Escea
- Focus
- GlammFire
- HEAT & GLO
- HERGOM
- PIMAR
- Purline-Climacity
- Acquaefuoco
- DAE chimeneas
- Axis
- Barbas
- Bellfires
- CL Design
Highlights of The Contemporary Fireplace Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Fireplace
- Glass Fireplace
- Stone Fireplace
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Contemporary Fireplace Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A contemporary fireplace is a type of fireplace that is popular in today's homes. They are often designed with a sleek, modern look and feature features such as gas or electric ignition, automatic fire control systems, and glass or metal doors that open to allow for easy access to the fire.
Some of the major companies in the contemporary fireplace market are DAE chimeneas, EcoSmart Fire, Escea, Focus, GlammFire, HEAT & GLO, HERGOM, PIMAR, Purline-Climacity, Acquaefuoco, DAE chimeneas, Axis, Barbas, Bellfires, CL Design.
The contemporary fireplace market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Contemporary Fireplace Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Contemporary Fireplace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Contemporary Fireplace Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Contemporary Fireplace Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Contemporary Fireplace Market Size & Forecast, 2020-2028
4.5.1 Contemporary Fireplace Market Size and Y-o-Y Growth
4.5.2 Contemporary Fireplace Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal Fireplace
5.2.2 Glass Fireplace
5.2.3 Stone Fireplace
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Contemporary Fireplace Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Contemporary Fireplace Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal Fireplace
9.6.2 Glass Fireplace
9.6.3 Stone Fireplace
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal Fireplace
10.6.2 Glass Fireplace
10.6.3 Stone Fireplace
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal Fireplace
11.6.2 Glass Fireplace
11.6.3 Stone Fireplace
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal Fireplace
12.6.2 Glass Fireplace
12.6.3 Stone Fireplace
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal Fireplace
13.6.2 Glass Fireplace
13.6.3 Stone Fireplace
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Contemporary Fireplace Market: Competitive Dashboard
14.2 Global Contemporary Fireplace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DAE chimeneas
14.3.2 EcoSmart Fire
14.3.3 Escea
14.3.4 Focus
14.3.5 GlammFire
14.3.6 HEAT & GLO
14.3.7 HERGOM
14.3.8 PIMAR
14.3.9 Purline-Climacity
14.3.10 Acquaefuoco
14.3.11 DAE chimeneas
14.3.12 Axis
14.3.13 Barbas
14.3.14 Bellfires
14.3.15 CL Design
