| Product Code: ETC429141 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the hearth market saw significant growth from 2023 to 2024, with a growth rate of 31.11%. The compound annual growth rate (CAGR) for the period from 2020 to 2024 stood at 28.18%. This uptrend can be attributed to a notable increase in demand for hearth products, possibly driven by evolving consumer preferences or shifts in market dynamics.
The Thailand hearth market caters to the demand for indoor heating and ambiance, primarily in residential and hospitality sectors. Hearth products include fireplaces, wood-burning stoves, and gas fireplaces, which add warmth and aesthetic value to living spaces. These products are favored for their ability to create a cozy atmosphere, especially in the cooler months. The market is influenced by design trends and the growing preference for eco-friendly and energy-efficient hearth solutions. As the country`s urban areas expand, the demand for hearth products is expected to continue, driven by lifestyle preferences and tourism-related developments.
The Thailand hearth market is primarily driven by the country`s construction and real estate sectors. Hearths, including fireplaces and stoves, are sought-after amenities in residential and commercial properties. The desire for cozy and environmentally-friendly heating solutions has boosted the demand for hearths. Additionally, tourism-related businesses in Thailand often incorporate hearths for their aesthetic appeal, contributing to market growth.
The Thailand hearth market grapples with competition from alternative heating solutions, such as electric heaters and heat pumps, which are often perceived as more efficient and environmentally friendly. Additionally, air quality concerns and emissions regulations may impact the use of traditional hearth technologies. Balancing the demand for traditional hearths with sustainability goals and modern energy-efficient alternatives is a challenge for this market.
The hearth market in Thailand faced challenges during the pandemic as consumer spending on home improvement projects fluctuated. With lockdowns and restrictions, some households invested in hearth products for comfort, while others delayed such purchases due to economic uncertainties. The market is expected to stabilize as the situation normalizes.
Prominent players in the Thailand Hearth market are Hearth & Home Technologies Inc., Thai Fireplace Co., Ltd., and Hearth & Decor Co., Ltd. These companies offer a wide range of hearth products and solutions.
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 Thailand Hearth Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hearth Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Hearth Market - Industry Life Cycle |
3.4 Thailand Hearth Market - Porter's Five Forces |
3.5 Thailand Hearth Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Hearth Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Thailand Hearth Market Revenues & Volume Share, By Placement, 2021 & 2031F |
3.8 Thailand Hearth Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.9 Thailand Hearth Market Revenues & Volume Share, By Ignition Type, 2021 & 2031F |
3.10 Thailand Hearth Market Revenues & Volume Share, By Vent Availability, 2021 & 2031F |
3.11 Thailand Hearth Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Hearth Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Thailand |
4.2.2 Growing awareness about the benefits of hearth products in reducing energy consumption |
4.2.3 Rise in disposable income leading to higher spending on home improvement and comfort |
4.3 Market Restraints |
4.3.1 High initial cost associated with installing hearth products |
4.3.2 Lack of awareness about the latest hearth technologies and products in the market |
4.3.3 Seasonal demand fluctuations affecting sales and installation services |
5 Thailand Hearth Market Trends |
6 Thailand Hearth Market, By Types |
6.1 Thailand Hearth Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hearth Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Hearth Market Revenues & Volume, By Fireplaces, 2021-2031F |
6.1.4 Thailand Hearth Market Revenues & Volume, By Stoves, 2021-2031F |
6.1.5 Thailand Hearth Market Revenues & Volume, By Inserts, 2021-2031F |
6.2 Thailand Hearth Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.2.3 Thailand Hearth Market Revenues & Volume, By Wood, 2021-2031F |
6.2.4 Thailand Hearth Market Revenues & Volume, By Gas, 2021-2031F |
6.2.5 Thailand Hearth Market Revenues & Volume, By Electricity, 2021-2031F |
6.2.6 Thailand Hearth Market Revenues & Volume, By Pellet, 2021-2031F |
6.3 Thailand Hearth Market, By Placement |
6.3.1 Overview and Analysis |
6.3.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.3.3 Thailand Hearth Market Revenues & Volume, By Indoor Hearth, 2021-2031F |
6.3.4 Thailand Hearth Market Revenues & Volume, By Outdoor Hearth, 2021-2031F |
6.3.5 Thailand Hearth Market Revenues & Volume, By Portable Hearth, 2021-2031F |
6.4 Thailand Hearth Market, By Design |
6.4.1 Overview and Analysis |
6.4.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.4.3 Thailand Hearth Market Revenues & Volume, By Traditional Hearth, 2021-2031F |
6.4.4 Thailand Hearth Market Revenues & Volume, By Modern Hearth, 2021-2031F |
6.4.5 Thailand Hearth Market Revenues & Volume, By Sensor, 2021-2031F |
6.4.6 Thailand Hearth Market Revenues & Volume, By Burner, 2021-2031F |
6.4.7 Thailand Hearth Market Revenues & Volume, By Remote Control System, 2021-2031F |
6.4.8 Thailand Hearth Market Revenues & Volume, By Other Components, 2021-2031F |
6.4.9 Thailand Hearth Market Revenues & Volume, By Other Components, 2021-2031F |
6.5 Thailand Hearth Market, By Ignition Type |
6.5.1 Overview and Analysis |
6.5.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.5.3 Thailand Hearth Market Revenues & Volume, By Electronic Ignition, 2021-2031F |
6.5.4 Thailand Hearth Market Revenues & Volume, By Intermittent Pilot Ignition (IPI), 2021-2031F |
6.5.5 Thailand Hearth Market Revenues & Volume, By Hot Surface Ignition, 2021-2031F |
6.5.6 Thailand Hearth Market Revenues & Volume, By Standing Pilot Ignition, 2021-2031F |
6.6 Thailand Hearth Market, By Vent Availability |
6.6.1 Overview and Analysis |
6.6.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.6.3 Thailand Hearth Market Revenues & Volume, By Vented Hearth, 2021-2031F |
6.6.4 Thailand Hearth Market Revenues & Volume, By Unvented Hearth, 2021-2031F |
6.7 Thailand Hearth Market, By Application |
6.7.1 Overview and Analysis |
6.7.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.7.3 Thailand Hearth Market Revenues & Volume, By Residential, 2021-2031F |
6.7.4 Thailand Hearth Market Revenues & Volume, By Hospitality, 2021-2031F |
6.7.5 Thailand Hearth Market Revenues & Volume, By Hospitality, 2021-2031F |
6.7.6 Thailand Hearth Market Revenues & Volume, By Institutional, 2021-2031F |
6.8 Thailand Hearth Market, By Type of Material |
6.8.1 Overview and Analysis |
6.8.2 Thailand Hearth Market Revenues & Volume, By Introduction, 2021-2031F |
6.8.3 Thailand Hearth Market Revenues & Volume, By Brick, 2021-2031F |
6.8.4 Thailand Hearth Market Revenues & Volume, By Marble, 2021-2031F |
6.8.5 Thailand Hearth Market Revenues & Volume, By Marble, 2021-2031F |
6.8.6 Thailand Hearth Market Revenues & Volume, By Stone, 2021-2031F |
6.8.7 Thailand Hearth Market Revenues & Volume, By Slate, 2021-2031F |
7 Thailand Hearth Market Import-Export Trade Statistics |
7.1 Thailand Hearth Market Export to Major Countries |
7.2 Thailand Hearth Market Imports from Major Countries |
8 Thailand Hearth Market Key Performance Indicators |
8.1 Percentage increase in adoption of energy-efficient hearth products in residential buildings |
8.2 Number of government initiatives promoting the use of sustainable heating solutions |
8.3 Average time taken for installation and servicing of hearth products |
8.4 Customer satisfaction ratings for hearth product quality and performance |
8.5 Percentage of repeat customers for hearth products and services |
9 Thailand Hearth Market - Opportunity Assessment |
9.1 Thailand Hearth Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Hearth Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Thailand Hearth Market Opportunity Assessment, By Placement, 2021 & 2031F |
9.4 Thailand Hearth Market Opportunity Assessment, By Design, 2021 & 2031F |
9.5 Thailand Hearth Market Opportunity Assessment, By Ignition Type, 2021 & 2031F |
9.6 Thailand Hearth Market Opportunity Assessment, By Vent Availability, 2021 & 2031F |
9.7 Thailand Hearth Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Thailand Hearth Market Opportunity Assessment, By Type of Material, 2021 & 2031F |
10 Thailand Hearth Market - Competitive Landscape |
10.1 Thailand Hearth Market Revenue Share, By Companies, 2024 |
10.2 Thailand Hearth Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |