| Product Code: ETC7479302 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hong Kong continued to heavily rely on imports for gas and solid fuels (wood) fireplaces, with top exporting countries being China, Belgium, Germany, Singapore, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable compound annual growth rate (CAGR) of 12.63% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -69.62%. This suggests potential challenges or shifts in market dynamics that importers and stakeholders in the industry should monitor closely to adapt and capitalize on emerging opportunities.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market - Industry Life Cycle |
3.4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market - Porter's Five Forces |
3.5 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Style, 2021 & 2031F |
3.8 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.9 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.10 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.11 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and modernization in Hong Kong leading to higher demand for aesthetic home heating solutions. |
4.2.2 Growing awareness about energy efficiency and environmental concerns driving the adoption of gas and wood fireplaces. |
4.2.3 Rising disposable incomes and changing consumer preferences towards luxurious and comfortable living spaces. |
4.3 Market Restraints |
4.3.1 Limited space in urban dwellings restricting the installation of gas and wood fireplaces. |
4.3.2 Stringent regulations and emission standards impacting the use of solid fuels (wood) fireplaces in Hong Kong. |
4.3.3 High initial costs associated with the purchase and installation of gas and solid fuels fireplaces. |
5 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Trends |
6 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Types |
6.1 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Gas Fireplaces, 2021- 2031F |
6.1.4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Fuels (Wood) Fireplace, 2021- 2031F |
6.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Under 30 Inches, 2021- 2031F |
6.2.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By 30-45 Inches, 2021- 2031F |
6.2.4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By 45-60 Inches, 2021- 2031F |
6.2.5 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Above 60 Inches, 2021- 2031F |
6.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Style |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Traditional, 2021- 2031F |
6.3.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Modern, 2021- 2031F |
6.4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Category |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.4.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Indoor, 2021- 2031F |
6.5 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Installation |
6.5.1 Overview and Analysis |
6.5.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Freestanding, 2021- 2031F |
6.5.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Built, 2021- 2031F |
6.6 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By Price Range |
6.6.1 Overview and Analysis |
6.6.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Low, 2021- 2031F |
6.6.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Medium, 2021- 2031F |
6.6.4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By High, 2021- 2031F |
6.7 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market, By End-use |
6.7.1 Overview and Analysis |
6.7.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Residential, 2021- 2031F |
6.7.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Import-Export Trade Statistics |
7.1 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Export to Major Countries |
7.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Imports from Major Countries |
8 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Key Performance Indicators |
8.1 Average annual growth rate in the number of new installations of gas and wood fireplaces in Hong Kong. |
8.2 Percentage of households opting for gas and solid fuels fireplaces as a primary heating source. |
8.3 Energy efficiency ratings and emission levels of gas and wood fireplaces in compliance with local regulations. |
9 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market - Opportunity Assessment |
9.1 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Style, 2021 & 2031F |
9.4 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Category, 2021 & 2031F |
9.5 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.6 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.7 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market - Competitive Landscape |
10.1 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Gas and Solid Fuels (Wood) Fireplaces Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |