In medieval times the fireplace mantels, also known as a chimney, was created as an overgrown cap to capture the smoke. The mantelpiece now stands for the jambs, mantels racks and exterior fireplace accessories. The chimney was the most attractive and artistic aspect of space over many hundred years. The usage of the chimney has decreased, and new technologies have been implemented that reduce aesthetic and practical value. The growth in house sales, an adaptation of urban lifestyle and acknowledgement of the necessity of premium coats to meet the esteemed demands drove the fireplace tableware businesses to engage in research and development. Due to the outbreak of the COVID-19 pandemic, countries had to enforce lockdown that halted the progress of construction of new properties and households. Due to that, the demand for fireplace mantels decreased.
COVID-19 Impact Analysis
- Due to the outbreak of the COVID-19 pandemic, countries had to enforce lockdown that halted the progress of construction of new properties and households. Due to that, the demand for fireplace mantels decreased. The residential construction sites and other commercial places were the bulk buyers of these mantels. The fireplace mantels market saw a dip in production as sufficient labours were not available to continue the production process. The sales procedure couldn't complete as there was unavailability of service personnel for installing the system.
- Disruption in the distribution channel was an important cause as adequate raw materials couldn't reach the industries for production; the delivery of finished products to the dedicated stores was not possible. Consumers had no option to order from the specialized stores, whereas online purchases couldn't support the installation service.
Top Impacting Factors
- In the pre-COVID era, the construction of properties, commercial complexes was in full force. This factor induced the need for fireplace mantels in bulk quantities and of different designs as required. The sales of new homes, changing of lifestyle, high disposable income, rapid urbanization, and improvement in the standard of living are supporting the growth of the fireplace mantels market. Currently, consumers are focused on fulfilling their necessities rather than opting for premium fireplace mantels for decoration.
- The growth of online sales of the fireplace mantels market is increasing than brick and mortar stores. The proper transparency of prices is the reason that is encouraging the consumer to proceed with online purchases. In this current era, consumers are shifting toward online shopping for their convenience as they lack adequate time to move outdoor for shopping. Better transparency in product details on e-commerce sites prices will encourage the customer to buy online. Companies are trying to innovative ways to reach customers online and act accordingly to the requirement.
Market Trends
Improvement of Lifestyle and Urbanization Leads to a Surge in Demand
- The increase in the sale of homes, an adaptation of urban culture, and recognition of the need for premium fireplace mantels are increasing the growth of the fireplace mantels market. Companies are bringing innovations into the limelight that is expected to match the existing wants and requirements of the customers. Hotel industries are adapting to transform the ambience for the guests with a royal touch, as they are mainly focusing on the installation of architecturally designed fireplace mantels as they offer an aesthetic look to the interior and exterior of the infrastructure. The demand for fireplace mantels generally arises from northern countries where the climate is cold and harsh. In order for consumers to cope with the cold environment, the fireplace mantels are installed, which fuels the growth of sales as well as the growth of the fireplace mantels market.
Marble and Granite Fireplace Mantels have Gained Popularity in the Market
- Marble and granite fireplace mantels are gaining popularity among customers due to their premium look and availability of different designs for different infrastructures. Some of the designs trending in the market are architectural, medieval, and others that come in various shapes. Customers are approaching the companies with their designs to process the fire mantels according to their requirements.
Key Benefits of the Report
- This study presents the analytical depiction of the fireplace mantels industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the fireplace mantels market share.
- The current market is quantitatively analyzed to highlight the fireplace mantels market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed fireplace mantels market analysis on the basis of competitive intensity and how the competition will take shape in coming years
Questions Answered in the Fireplace Mantels Market Research Report
- Which are the leading players active in the fireplace mantels market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Fireplace Mantels Market Report Highlights
| Aspects | Details |
 By Type |
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 By Material |
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 By Application |
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 By End User |
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 By Region |
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 Key Market Players | GB Mantels Ltd., Wolf Steel Limited., Dimplex Plc., Pearl Mantels Corporation., Mantercraft, Inc., The Mount Vernon Mantels Company., Chesney’s Limited, Premier Mantels Co LLC., Hazelmere Industry Limited., California Mantels & Fireplace Inc. |
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