Market Overview:
The global wall mount fireplaces 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 wall mount fireplaces from residential applications, and the growing popularity of these fireplaces among hoteliers and other commercial users. Additionally, the increasing awareness about energy-efficiency is also propelling the growth of this market. On the basis of type, electric wall mount fireplaces are expected to account for a larger share in terms of revenue than gas wall mount fireplaces during the forecast period. This can be attributed to their growing popularity among residential users on account of their ease-of-use and low installation costs as compared with gas wall mount fireplaces.
Product Definition:
A wall mount fireplace is a type of fireplace that is attached to the wall. They are often used in smaller spaces because they take up less room than a traditional fireplace. Wall mount fireplaces are also often more affordable than traditional fireplaces.
Electric Fireplace:
The electric fireplace is a small structure that produces heat by burning wood, coal or other fuels. The heat produced is usually transferred through the flue and chimney to provide greater heating area. They are mostly used in homes but can also be found in hotels, restaurants, pubs and other commercial buildings. It has been a traditional method of heating since the 16th century when they were first introduced into Europe as an alternative to candles for warming purposes.
Gas Fireplace:
A gas fireplace is a device that heats and burns gases such as Natural Gas, Propane, I-Tron Gas or wood pellets to generate heat for indoor heating and cooling. The heat produced by the fireplaces can be used for warming up rooms in homes during cold weather or it can be used for providing hot water in bathrooms, laundries and kitchens.
Application Insights:
The global market has been segmented into residential, hotels and others. The residential application segment dominated the overall industry in 2017, accounting for over 60% of the total revenue share. Increasing urbanization coupled with rising disposable income is expected to drive demand for wall mount fireplaces in this application segment over the forecast period.
The hotel sector is also anticipated to witness significant growth owing to increasing tourism at a global level. Rapidly expanding hospitality industry across various regions including Asia Pacific and Middle East & Africa is likely to contribute significantly towards product demand in upcoming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue in 2017 owing to high product demand from residential as well as hotels applications. China, India, Japan, South Korea and Australia are some of the prominent countries that form Asia Pacific where wall mount fireplaces have witnessed significant demand over the years.
The Europe market was valued at USD X billion in 2017 and is projected to witness steady growth over the forecast period owing to rising consumer disposable income levels coupled with increasing population especially after Brexit which will boost construction activities across several sectors including commercial sector leading to increased spending on home d©cor products including fireplaces which will propel industry growth during the forecast period.
Growth Factors:
- Increasing demand for wall mount fireplaces from the residential sector as a result of their growing popularity as a home décor item.
- Rising disposable income of consumers, which is enabling them to invest in high-end products such as wall mount fireplaces.
- Growing awareness about the benefits of using wall mount fireplaces, such as improved air quality and reduced energy consumption, among consumers is propelling the growth of this market.
- The increasing trend of indoor living is also contributing to the growth of the Wall Mount Fireplaces market as it offers an aesthetically pleasing way to heat up homes without taking up too much space.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Mount Fireplaces Market Research Report
By Type
Electric Fireplace, Gas Fireplace
By Application
Residential, Hotels, Other
By Companies
Dimplex, GLEN DIMPLEX, SEI, Buck Stove, Twin-Star International, Allen, Napoleon, Kent Fireplace, Adam, Jetmaster, Dimplex, Rui Dressing, GHP Group Inc., BTB, Boge Technology, RICHEN, Saintec, Hubei Ruolin, Paite, Andong, Ruitian Industry
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Wall Mount Fireplaces Market Report Segments:
The global Wall Mount Fireplaces market is segmented on the basis of:
Types
Electric Fireplace, Gas 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
Residential, Hotels, Other
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:
- Dimplex
- GLEN DIMPLEX
- SEI
- Buck Stove
- Twin-Star International
- Allen
- Napoleon
- Kent Fireplace
- Adam
- Jetmaster
- Dimplex
- Rui Dressing
- GHP Group Inc.
- BTB
- Boge Technology
- RICHEN
- Saintec
- Hubei Ruolin
- Paite
- Andong
- Ruitian Industry
Highlights of The Wall Mount 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:
- Electric Fireplace
- Gas Fireplace
- By Application:
- Residential
- Hotels
- Other
- 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 Wall Mount 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?
Wall mount fireplaces are a type of fireplace that is mounted on the wall. They are typically smaller in size than traditional fireplaces and can be more affordable.
Some of the major companies in the wall mount fireplaces market are Dimplex, GLEN DIMPLEX, SEI, Buck Stove, Twin-Star International, Allen, Napoleon, Kent Fireplace, Adam, Jetmaster, Dimplex, Rui Dressing, GHP Group Inc., BTB, Boge Technology, RICHEN, Saintec, Hubei Ruolin, Paite, Andong, Ruitian Industry.
The wall mount fireplaces 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 Wall Mount 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 Wall Mount Fireplaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall Mount 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 Wall Mount 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 Wall Mount Fireplaces Market Size & Forecast, 2018-2028
4.5.1 Wall Mount Fireplaces Market Size and Y-o-Y Growth
4.5.2 Wall Mount Fireplaces Market Absolute $ Opportunity
Chapter 5 Global Wall Mount Fireplaces 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 Wall Mount Fireplaces Market Size Forecast by Type
5.2.1 Electric Fireplace
5.2.2 Gas Fireplace
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wall Mount Fireplaces 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 Wall Mount Fireplaces Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Hotels
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wall Mount 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 Wall Mount 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 Wall Mount Fireplaces Analysis and Forecast
9.1 Introduction
9.2 North America Wall Mount Fireplaces 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 Wall Mount Fireplaces Market Size Forecast by Type
9.6.1 Electric Fireplace
9.6.2 Gas 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 Wall Mount Fireplaces Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Hotels
9.10.3 Other
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 Wall Mount Fireplaces Analysis and Forecast
10.1 Introduction
10.2 Europe Wall Mount Fireplaces 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 Wall Mount Fireplaces Market Size Forecast by Type
10.6.1 Electric Fireplace
10.6.2 Gas 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 Wall Mount Fireplaces Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Hotels
10.10.3 Other
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 Wall Mount Fireplaces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wall Mount Fireplaces 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 Wall Mount Fireplaces Market Size Forecast by Type
11.6.1 Electric Fireplace
11.6.2 Gas 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 Wall Mount Fireplaces Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Hotels
11.10.3 Other
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 Wall Mount Fireplaces Analysis and Forecast
12.1 Introduction
12.2 Latin America Wall Mount Fireplaces 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 Wall Mount Fireplaces Market Size Forecast by Type
12.6.1 Electric Fireplace
12.6.2 Gas 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 Wall Mount Fireplaces Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Hotels
12.10.3 Other
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) Wall Mount Fireplaces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wall Mount Fireplaces 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) Wall Mount Fireplaces Market Size Forecast by Type
13.6.1 Electric Fireplace
13.6.2 Gas 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) Wall Mount Fireplaces Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Hotels
13.10.3 Other
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 Wall Mount Fireplaces Market: Competitive Dashboard
14.2 Global Wall Mount Fireplaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dimplex
14.3.2 GLEN DIMPLEX
14.3.3 SEI
14.3.4 Buck Stove
14.3.5 Twin-Star International
14.3.6 Allen
14.3.7 Napoleon
14.3.8 Kent Fireplace
14.3.9 Adam
14.3.10 Jetmaster
14.3.11 Dimplex
14.3.12 Rui Dressing
14.3.13 GHP Group Inc.
14.3.14 BTB
14.3.15 Boge Technology
14.3.16 RICHEN
14.3.17 Saintec
14.3.18 Hubei Ruolin
14.3.19 Paite
14.3.20 Andong
14.3.21 Ruitian Industry
