Posted on May 11 2023 11:36 AM

"The Electric Fireplace Market is projected to grow from USD 2.17 billion in 2021 to USD 2.77 billion by 2028 at a CAGR of 3.5% in the 2021-2028 period. "

Fortune Business Insights has published a new research report titled Electric Fireplace Market Size, Share & COVID-19 Impact Analysis, By Product Type (Wall Mounted, Built-In, Fireplace Inserts, Mantel/Freestanding, and Tabletop), By Application (Residential and Commercial), By Installation (Fixed and Portable), and Regional Forecast, 2021-2028. and Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2021-2028” in its research data.

Projected market size and growth rate of the Electric Fireplace Market

According to latest report published by Fortune Business Insights, The Electric Fireplace Market is projected to grow from USD 2.17 billion in 2021 to USD 2.77 billion by 2028 at a CAGR of 3.5% in the 2021-2028 period.

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Top Electric Fireplace Market Size Manufacturers covered in the Market Report include:

• R.W.Flame
• GLEN DIMPLEX
• NAPOLEON
• Sierra Flames
• Alaskan Fireplace Company
• Giantex Inc.
• Twin Star Home
• Touchstone Home Products, Inc.
• BFM Europe Ltd
• Empire Comfort Systems
• European Home
• Heat & Glo
• (Hearth & Home Technologies HHT) Heatilator
• Planika
• GHP Group Inc

Highlights of the Report:

• Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.
• The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Electric Fireplace Market Market Report Scope [ 2021-2028 ]

Report Title: Electric Fireplace Market Size, Share & COVID-19 Impact Analysis, By Product Type (Wall Mounted, Built-In, Fireplace Inserts, Mantel/Freestanding, and Tabletop), By Application (Residential and Commercial), By Installation (Fixed and Portable), and Regional Forecast, 2021-2028

Electric Fireplace Market CAGR: 0.035

Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends

Segments Covered:

• By Type

• By Application

• By Region

An Overview of the Impact of COVID-19 on this Market:

The outbreak of the COVID-19 pandemic has negatively impacted various business sectors across the world. Various impositions like lockdown, social distancing and ban on imports and exports have impacted the production and distribution of various goods and services, which were considered as non-essential by the governments. Many enterprises in the Electric Fireplace Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease’s spread. This pause in activities has a direct influence on the market’s revenue flow.

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Report Inclusions:

Market Overview: It includes a product overview and scope of the global Electric Fireplace Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes market estimations related to revenue and sales.

Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual market players, sales, and sales shares of individual players.

Region-wise Sales Analysis: The report in this section offers market numbers, and an analysis of revenue, sales, and market shares of individual regions. In addition, it provides sales and sales growth rate, pricing structure, revenue, and some other estimations for each regional market that has been studied.

Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global Electric Fireplace Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.

FREQUENTLY ASKED QUESTIONS:

• How much was the global Electric Fireplace Market worth in upcoming year?
• Who are the top players actively operating across the market?
• How much will the global market be worth?
• What are the key market drivers?
• Which application segment is the leading across the globe?
• At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?

Major Points from Table of Contents

Global Electric Fireplace Market Research Report 2021-2028, by Manufacturers, Regions, Types and Applications

• Introduction
• Objective of the Study
• Definition of the Market
• Market Scope
• Market Segment by Type, Application and Marketing Channel
• Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
• Years Considered for the Study
• Currency Considered (U.S. Dollar)
• Key Findings of the Study
• Market Dynamics
• Driving Factors for this Market
• Factors Challenging the Market
• Opportunities of the Global Electric Fireplace Market (Regions, Growing/Emerging Downstream Market Analysis)
• Technological and Market Developments in the Electric Fireplace Market
• Industry News by Region
• Regulatory Scenario by Region/Country
• Market Investment Scenario Strategic Recommendations Analysis
• Value Chain of the Electric Fireplace Market
• Value Chain Status
• Upstream Raw Material Analysis
• Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
• Distributors/Traders
• Downstream Major Customer Analysis (by Region)
• Global Electric Fireplace Market -Segmentation by Type
• Global Electric Fireplace Market -Segmentation by Application
• Global Electric Fireplace Market -Segmentation by Marketing Channel
• Competitive Intelligence Company Profiles
• Global Electric Fireplace Market -Segmentation by Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
• Future Forecast of the Global Electric Fireplace Market from 2021-2028
• Future Forecast of the Global Electric Fireplace Market from 2021-2028 Segment by Region
• Global Electric Fireplace Market Production and Growth Rate Forecast by Type (2021-2028)
• Global Electric Fireplace Market Consumption and Growth Rate Forecast by Application (2021-2028)
• Appendix
• Methodology
• Research Data Source

Continued….

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