Market Overview:
The global gas fireplaces market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient heating solutions and rising disposable income of consumers. Additionally, the growing popularity of gas fireplaces as an aesthetic addition to homes is also contributing to the growth of this market. The direct vent gas fireplaces segment is expected to dominate the global gas fireplace market during the forecast period, owing to their high efficiency and low emissions levels. In terms of applications, the home segment is expected to account for a majority share of the global gas fireplace market during 2018-2030 owingto its growing popularity among homeowners across regions.
Product Definition:
A gas fireplace is a type of fireplace that uses natural gas or propane as fuel. The flame is ignited by a pilot light and the heat is then radiated out into the room by either ceramic logs, glass or stones. Gas fireplaces are popular because they are easy to use and provide a lot of heat.
Direct Vent Gas Fireplaces:
Direct vent gas fireplaces are a type of gas fireplace that uses convection to distribute heat from the fire through the chimney. There is no secondary heating system, such as an electric blanket or baseboard heating like in conventional wood-burning fireplaces. Direct vent gas fireplaces can be either one-piece or two-piece assemblies with doors and/or windows.
Vent Free Gas Fireplaces:
Vent free gas fireplaces are a new concept in home heating equipment and have been gaining acceptance since their introduction. The basic function of vent free gas fireplaces is to eliminate the smoke, soot and other emissions that are characteristic of conventional wood or coal-fired fires. In addition, they also eliminate the need for cleaning as well as maintaining chimney’s which makes them more popular among consumers.
Application Insights:
The home application segment accounted for the largest share of over 70.0% in 2017. The growing trend of installing gas fireplaces at homes as a cost-effective alternative to conventional heating sources, such as coal and wood, is expected to drive the segment growth over the forecast period. Increasing awareness regarding energy efficiency and environmental protection has driven consumers to opt for energy efficient products, including gas fireplaces that produce less smoke and odor while burning fuel compared with other traditional heating sources.
Increasing disposable income coupled with rising housing costs in major economies such as U.S., Canada, China and India is expected to encourage people living alone or who have large enough rooms can afford it,to install a separate room dedicated solely for relaxation purposes along with functional requirements such as reading nooks or smoking areas are likely to propel product demand at homes over the forecast period 2030Jinan Gas Fireplace Co.
Regional Analysis:
North America dominated the global gas fireplace market in 2017. The region is expected to witness a growth rate of 4.6% over the forecast period, owing to increasing demand for fireplaces in residential as well as commercial applications. High consumer awareness regarding various benefits associated with using gas fireplaces, such as clean emissions and low maintenance cost, is one of the major factors driving regional growth.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid urbanization and growing population in countries like China and India.
Growth Factors:
- Increasing demand for gas fireplaces in the residential sector as a result of their high efficiency and low emissions.
- Rising popularity of gas fireplaces as a key home heating solution, especially in colder climates.
- Growing demand for gas fireplace inserts as a way to improve the energy efficiency of existing wood-burning fireplaces.
- Increasing availability of vent-free and direct-vent models that do not require any special installation or ventilation requirements.
- Advances in technology that have led to the development of more advanced and efficient gas fireplace designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Fireplaces Market Research Report
By Type
Direct Vent Gas Fireplaces, Vent Free Gas Fireplaces
By Application
Home, Business
By Companies
NAPOLEON, REGENCY, MONESSEN, Heatilator, Heat & Glo, VERMONT CASTING, ACUCRAFT, Valor, Mendota, Kozy Heat, NAPOLEON, Fireplacex, Hearthstone, RH PETERSON, Fmi, QUADRA-FIRE, Superior FIREPLACES, Interfocos, LOPI, EMPIRE
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Gas Fireplaces Market Report Segments:
The global Gas Fireplaces market is segmented on the basis of:
Types
Direct Vent Gas Fireplaces, Vent Free Gas Fireplaces
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
Home, Business
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:
- NAPOLEON
- REGENCY
- MONESSEN
- Heatilator
- Heat & Glo
- VERMONT CASTING
- ACUCRAFT
- Valor
- Mendota
- Kozy Heat
- NAPOLEON
- Fireplacex
- Hearthstone
- RH PETERSON
- Fmi
- QUADRA-FIRE
- Superior FIREPLACES
- Interfocos
- LOPI
- EMPIRE
Highlights of The Gas Fireplaces 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:
- Direct Vent Gas Fireplaces
- Vent Free Gas Fireplaces
- By Application:
- Home
- Business
- 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 Gas Fireplaces 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?
Gas fireplaces are a popular choice for those who want to enjoy the warmth and ambiance of a fireplace, but without the hassle of having to light and maintain it. They use natural gas or propane as their fuel source, which is delivered through an attached hose and then lit with a match or an electric starter.
Some of the major companies in the gas fireplaces market are NAPOLEON, REGENCY, MONESSEN, Heatilator, Heat & Glo, VERMONT CASTING, ACUCRAFT, Valor, Mendota, Kozy Heat, NAPOLEON, Fireplacex, Hearthstone, RH PETERSON, Fmi, QUADRA-FIRE, Superior FIREPLACES, Interfocos, LOPI, EMPIRE.
The gas fireplaces market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gas Fireplaces 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 Gas Fireplaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gas Fireplaces 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 Gas Fireplaces 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 Gas Fireplaces Market Size & Forecast, 2020-2028
4.5.1 Gas Fireplaces Market Size and Y-o-Y Growth
4.5.2 Gas Fireplaces 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 Direct Vent Gas Fireplaces
5.2.2 Vent Free Gas Fireplaces
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 Home
6.2.2 Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gas Fireplaces 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 Gas Fireplaces 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 Direct Vent Gas Fireplaces
9.6.2 Vent Free Gas Fireplaces
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 Home
9.10.2 Business
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 Direct Vent Gas Fireplaces
10.6.2 Vent Free Gas Fireplaces
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 Home
10.10.2 Business
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 Direct Vent Gas Fireplaces
11.6.2 Vent Free Gas Fireplaces
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 Home
11.10.2 Business
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 Direct Vent Gas Fireplaces
12.6.2 Vent Free Gas Fireplaces
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 Home
12.10.2 Business
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 Direct Vent Gas Fireplaces
13.6.2 Vent Free Gas Fireplaces
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 Home
13.10.2 Business
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 Gas Fireplaces Market: Competitive Dashboard
14.2 Global Gas Fireplaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NAPOLEON
14.3.2 REGENCY
14.3.3 MONESSEN
14.3.4 Heatilator
14.3.5 Heat & Glo
14.3.6 VERMONT CASTING
14.3.7 ACUCRAFT
14.3.8 Valor
14.3.9 Mendota
14.3.10 Kozy Heat
14.3.11 NAPOLEON
14.3.12 Fireplacex
14.3.13 Hearthstone
14.3.14 RH PETERSON
14.3.15 Fmi
14.3.16 QUADRA-FIRE
14.3.17 Superior FIREPLACES
14.3.18 Interfocos
14.3.19 LOPI
14.3.20 EMPIRE
