Global Gas Fire Pits Market - Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2022 – 2032
Global Gas Fire Pits Market by Product Type (Natural Gas Fire Pits and Propane Gas Fire Pits), Application (Indoor and Outdoor), and Regions (APAC, Europe, North America, and LAMEA) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2022 – 2032
The Gas Fire Pits market size was valued at USD 0.9 billion in 2022 and is expected to surpass USD 1.7 billion by 2032, expanding at a CAGR of 4.8 % during the forecast period, 2022–2032. The market's growth is attributed to the increasing demand for outdoor living spaces and the rising disposable income of consumers worldwide.
INTRODUCTION
Gas fire pits are outdoor heating and entertaining features that use propane or natural gas as a fuel source. They come in a variety of designs, including tabletop, portable, and built-in models. They offer a convenient and clean alternative to traditional wood-burning fire pits, as they do not produce ash or smoke. They are easy to start, control, and turn off, and often have a flame control valve for adjusting the heat output. Some gas fire pits even come with additional features such as a built-in table or a lid to convert the pit into a coffee table.
Market Trends, Drivers, Restraints, and Opportunities
Scope of the Report
Attributes |
Details |
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Report Title | Gas Fire Pits Market - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast |
Base Year | 2022 |
Historic Data | 2021–2022 |
Forecast Period | 2022–2032 |
Segmentation | Product Type (Natural Gas Fire Pits and Propane Gas Fire Pits), Application (Indoor and Outdoor) |
Regional Scope | APAC, Europe, North America, and LAMEA |
Key Players Covered in the Report | Galaxy Outdoor (U.S); American Fire Glass (U.S.); Iron Embers (U.S.); Woodbridge Fireplace (Canada) |
Market Segment Insights
The propane fire pits segment is projected to register a considerable CAGR
Based on product type, the gas fire pits market is divided into natural gas fire pits and propane gas fire pits. The propane fire pits segment is expected to expand rapidly during the forecast period owing to the growing trend of home remodeling.
The indoor segment is expected to expand at a rapid pace
Based on application, the gas fire pits market is bifurcated into indoor and outdoor. The indoor application segment is expected to expand rapidly during the forecast period owing to the growing trend of indoor relaxation and leisure activities. However, the outdoor segment is anticipated to hold a key share of the market in the coming years owing to increased use by residential consumers as an addition or substitute for traditional wood-burning devices such as fireplaces and stoves.
The Asia Pacific is anticipated to constitute a key market share
In terms of regions, the gas fire pits market is classified as APAC, Europe, North America, and LAMEA. The market of Asia pacific is expected to constitute a key share of the market during the projected period owing to increasing consumer spending on leisure goods. However, the market of North America is anticipated to expand at a rapid pace during the forecast period owing to indoor and outdoor application demand.
Competitive Landscape
Key players competing in the Gas Fire Pits market are Galaxy Outdoor (U.S.); American Fire Glass (U.S.); Iron Embers (U.S.); Woodbridge Fireplace (Canada).
FAQs
How much is the market worth?
The Gas Fire Pits market size was valued at USD 0.9 billion in 2022 and is expected to surpass USD 1.7 billion by 2032.
During the forecast period, what is the CAGR of the market?
During the forecast period, the CAGR of the market is expected to be 4.8%.
What are the key drivers of the market?
The market's growth is attributed to the increasing demand for outdoor living spaces and the rising disposable income of consumers worldwide.
What segments are covered in the Gas Fire Pits report?
The segments covered in the report are product type (natural gas fire pits and propane gas fire pits), and application (indoor and outdoor).
Mention which region is expected to hold the highest share of the Gas Fire Pits market.
The Asia Pacific region is expected to hold the highest share of the Gas Fire Pits market.
Mention the key players in the market.
Galaxy Outdoor (U.S); American Fire Glass (U.S.); Iron Embers (U.S.); Woodbridge Fireplace (Canada).
1 INTRODUCTION TO GLOBAL GAS FIRE PITS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL GAS FIRE PITS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Value Chain Analysis
5 GLOBAL GAS FIRE PITS MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Natural Gas Fire Pits
5.3 Propane Gas Fire Pits
6 GLOBAL GAS FIRE PITS MARKET, APPLICATION
6.1 Overview
6.2 Indoor
6.3 Outdoor
7 GLOBAL GAS FIRE PITS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 The Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 The Middle East & Africa
8 GLOBAL GAS FIRE PITS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Galaxy Outdoor (U.S)
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 American Fire Glass (U.S.)
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Iron Embers (U.S.)
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Woodbridge Fireplace (Canada)
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
10 Appendix
10.1 Related Research
Segments Covered in the Report
Product Type
Application
Regions
Key Players
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