Global Fireplace Mantels Market, By Mantel Types (Stone Mantel, Metal Mantel, Wooden Mantel and Others), Application (Living Room, Family Room, Kitchen, Home Office, Bedroom and Others), Type (Indoor Fireplace Mantels and Outdoor Fireplace Mantels), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Fireplace Mantels Market
Data Bridge Market Research analyses that the global fireplace mantel market will project a CAGR of 5.75% for the forecast period of 2022-2029. Growth in the demand for elegant refined spaces, growth and expansion of buildings and construction industry especially in the developing economies, ever-rising demand for house decorative materials coupled with increasing personal disposable income are the major factors attributable to the growth of fireplace mantel market.
Also known as mantelpiece and chimney piece, fireplace mantel is a decorative framework that comes in a wide range of shapes, sizes and designs. In other words, fireplace mantel is a protective frame that is installed on the top of fireplace. Traditionally the fireplace mantels were used to catch smoke before it entered the room. However, in the modern era, fireplace mantels are used for decorative and aesthetic purposes. Generally, items such as capitals, moldings, brackets, figurines, animals, fruits and vegetation are used to decorate to fireplace mantel.
Increased number of home redecorating, redesigning and renovation projects and changing lifestyles of humans especially in the developing economies are the major factors fostering growth of the fireplace mantel market. Rising regarding changing fashion trends via various social networking platforms and growing brand awareness will further create lucrative growth opportunities for the fireplace mantel market. Growing urbanization, rising penetration of e-commerce platforms, growing travel and tourism industry, aim to preserve the traditional values and growing focus of the major manufacturers on technological advancements are other important factors bolstering the fireplace mantel market growth rate.
However, intense pricing pressure over the manufacturers and fluctuations in the prices of raw materials will pose a major challenge to the growth of fireplace mantel market. Availability of counterfeit products made of cheap raw materials will further derail the fireplace mantel market growth rate. Lack of strong distribution network in the backward areas will further restrict the scope of growth for the fireplace mantel market.
This fireplace mantel market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fireplace mantel market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fireplace Mantels Market Scope and Market Size
The fireplace mantel market is segmented on the basis of mantel types, application and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of mantel types, the fireplace mantel market is segmented into stone mantel, metal mantel, wooden mantel and others.
- Based on application, the fireplace mantel market is divided into living room, family room, kitchen, home office, bedroom and others.
- The type segment of the fireplace mantel market is divided into indoor fireplace mantels and outdoor fireplace mantels.
Fireplace Mantels Market Country Level Analysis
The fireplace mantel market is analyses and market size, volume information is provided by country, mantel types, application and type as referenced above.
The countries covered in the fireplace mantel market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is dominating the global fireplace mantel market and will continue to excel its dominance during the forecast period. The region will continue to witness a rise in the market growth rate during the forecast period owing to the increasing demand from U.S. and Canada and rising proliferation of new and modern decorative materials. Asia-Pacific will continue to undergo substantial gains during the forecast period owing to the surging number of manufacturers, high demand from the emerging economies such as China, Japan and India, growth and expansion of buildings and construction industry, rising number of home redecorating, redesigning and renovation activities, rapid urbanization and increasing personal disposable income.
The country section of the fireplace mantel market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fireplace Mantels Market Share Analysis
The fireplace mantel market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fireplace mantel market.
Some of the major players covered in the fireplace mantel market are Chesneys USA, Heat & Glo., Kratki, Gruppo Piazzetta S.P.A., Quadra-Fire, Amantii Electric Fireplaces, Solus Decor UK, Shri Roshan Marble Arts & Handicrafts, The Mount Vernon Mantel Company, Nickos Chimney Company, Funda-Mantels, Karara Mujassme (India)., Friesen Mantels, G B Mantels., Acrila, TTK Prestige Ltd., Decormarmi, JOLLY MEC CAMINETTI SPA and SANTAFIORA SRL among others.
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