Global Gas Fireplaces Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Gas Fireplaces Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Gas fireplaces burn natural gas instead of wood. The construction of a ventilated gas fireplace is very similar to a conventional wood burning fireplace in which a combustion chamber is discharged through a chimney.

Market Overview:

The latest research study on the global Gas Fireplaces market finds that the global Gas Fireplaces market reached a value of USD 1188.78 million in 2022. It’s expected that the market will achieve USD 1667.0 million by 2028, exhibiting a CAGR of 5.8% during the forecast period.

NIBE acquires FPI Fireplace Products International Ltd. in Canada

NIBE Industrier AB has acquired 65% of the shares in Canadian company FPI Fireplace Products International Ltd. (FPI) headquartered in Vancouver. The remaining 35% of the shares are covered by options and can be acquired in different instalments until 2022.

FMI Products merged with Lennox Hearth Products

Florida-based private equity firm The Comvest Group has bought Santa Ana fireplace maker FMI Products LLC and merged it with Lennox Hearth Products LLC.

Region Overview:

North America is projected to account for a considerable share of the Gas Fireplaces market and is expected to become the largest region by 2028.

Company Overview:

Napoleon Fireplaces is one of the major players operating in the Gas Fireplaces market, holding a share of 6.53% in 2023.

Napoleon Fireplaces

Napoleon Fireplaces manufacture wood and gas fireplaces (inserts and stoves), gourmet gas and charcoal grills, outdoor living products and heating & cooling products.

Travis Industries

Travis Industries is a privately-owned wood, pellet and gas stove, insert and fireplace company in America.

Segmentation Overview:

By type, Direct Vent Gas Fireplaces segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Home segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Gas Fireplaces market covered in Chapter 3:

Valor
Mendota Hearth
Heat & Glo
Regency
Kozy Heat
Napoleon Fireplaces
Heatilator
Monessen Hearth
Barbas Bellfires
Travis Industries
Kingsman Fireplaces
Superior FIREPLACES

In Chapter 4 and Chapter 14.2, on the basis of types, the Gas Fireplaces market from 2018 to 2029 is primarily split into:

Direct Vent Gas Fireplaces
Vent Free Gas Fireplaces

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Gas Fireplaces market from 2018 to 2029 covers:

Home
Business

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)