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The Woodstove MarketSince the early 1990s, woodstove sales have declined from 1,200,00 0 units per year t o approx-imately 100,000 units per year. The d

The Woodstove MarketSince the early 1990s, woodstove sales have declined from 1,200,00 0 units per year t o approx-imately 100,000 units per year. The d ecline has occurred because of (1) stringent new federalEPA regulations, which set maximum limits on stove emissions beginning in 1992; (2) stableenergy prices, which reduced the incentive to switch to woodstoves to save on heating costs;and (3) changes in consumers lifestyles, particularly the growth of two-income families.During this period of decline in

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