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Electric Fireplaces Market, Global Outlook and Forecast 2023-2029

Electric Fireplaces Market, Global Outlook and Forecast 2023-2029

  • Published on : 28 March 2023
  • Pages :120
  • Report Code:SMR-7618370

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Report overview

An Electric Fireplace is an electric heater that mimics a fireplace burning coal, wood, or natural gas. Electric Fireplaces are often placed in conventional fireplaces, which can then no longer be used for conventional fires. They plug into the Freestanding Electric Fireplaces, and can run on a "flame only" setting, or can be used as a heater, typically consuming 1.4-1.6 kW that can heat a 400 sq ft (37 m2) room.
This report aims to provide a comprehensive presentation of the global market for Electric Fireplaces, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Fireplaces. This report contains market size and forecasts of Electric Fireplaces in global, including the following market information:
  • Global Electric Fireplaces Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Electric Fireplaces Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electric Fireplaces companies in 2022 (%)
The global Electric Fireplaces market was valued at US$ 4606.6 million in 2022 and is projected to reach US$ 5801.5 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Electric Fireplace market include GLEN DIMPLEX, Twin-Star International, Jetmaster, etc. The top 3 players occupy about 30% shares of the global market. Asia and Europe are main markets, they occupy about 60% of the global market. Built-In Electric Fireplaces is the main type, with a share about 40%. House Use is the main application, which holds a share about 45%.
We surveyed the Electric Fireplaces manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Fireplaces Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Fireplaces Market Segment Percentages, by Type, 2022 (%)
  • Wall Mount Electric Fireplaces
  • Built-In Electric Fireplaces
  • Freestanding Electric Fireplaces
Global Electric Fireplaces Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Fireplaces Market Segment Percentages, by Application, 2022 (%)
  • House Use
  • Hotel Use
  • Other Place Use
Global Electric Fireplaces Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Fireplaces Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Electric Fireplaces revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Electric Fireplaces revenues share in global market, 2022 (%)
  • Key companies Electric Fireplaces sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Electric Fireplaces sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • GLEN DIMPLEX
  • SEI
  • Buck Stove
  • Twin-Star International
  • Allen
  • Napoleon
  • Kent Fireplace
  • Adam
  • Jetmaster
  • Fuerjia
  • Rui Dressing
  • GHP Group Inc.
  • BTB
  • Boge Technology
  • RICHEN
  • Saintec
  • Hubei Ruolin
  • Paite
  • Andong
  • Ruitian Industry
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Electric Fireplaces, market overview.
  • Chapter 2: Global Electric Fireplaces market size in revenue and volume.
  • Chapter 3: Detailed analysis of Electric Fireplaces manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Electric Fireplaces in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Electric Fireplaces capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.