Outdoor Fire Pit Market Scope
Fire pits are great for spending a cozy night by the fire with your family, entertaining with friends, or just providing a relaxing evening for two. While there are many reasons to add a fire pit to your backyard, one of the best reasons is that a well-built fire pit can add value to your home and improve the usability of the backyard landscaping. According to the American Society of Landscape Architects, outdoor fire pits or fireplaces, are the No. 1 requested design feature today.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Designing Fire (United States), Warming Trends (United States), Hearth Products Controls (HPC) (United States), Galaxy Outdoor (Netherlands), Buck Stove (United States), American Fire Glass (United States), Stahl Fire Pit (United States), Iron Embers (Canada) and Acucraft (United States) |
CAGR | 25.9% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Outdoor Fire Pit market throughout the predicted period.
Designing Fire (United States), Warming Trends (United States), Hearth Products Controls (HPC) (United States), Galaxy Outdoor (Netherlands), Buck Stove (United States), American Fire Glass (United States), Stahl Fire Pit (United States), Iron Embers (Canada) and Acucraft (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Woodbridge Fireplace (Canada) and Outland Living (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Outdoor Fire Pit market by Type , by Application (Household and Commercial) and Region with country level break-up.
On the basis of geography, the market of Outdoor Fire Pit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In July 2017 ,GID announced today that it acquired Lot B at CityLine, a 299 unit apartment community developed by Dallas-based JLB Partners in 2016. The property is a transit-oriented development (TOD) located within the pedestrian-friendly CityLine mixed-use development in Richardson, Texas.
In March 2024 , TIKI® Brand, a market leader in backyard products including outdoor torches, torch fuel, smokeless fire pits, outdoor lighting and mosquito repellency, launched their newest product innovation with the Customizable Propane Gas Fire Pit. Designed to be a stylish upgrade to the backyard, the Propane Fire Pit is adaptable to consumers' desires with modular attachments to further enhance their fire pit.
Influencing Trend:
The trend towards Spending More Time Living Outdoors Continues To Grow
Market Growth Drivers:
Increasing Popularity of Outdoor Kitchens and Other Exterior Living Areas and More and More Homeowners Are Interested In Installing
Challenges:
Features That Can Provide Warmth and Create A Particular Ambiance
Restraints:
Availability of Alternative Sources for Outdoor Heating
Opportunities:
Increasing Expanding Range Including Portable Fire Pits
Key Target Audience
Manufacturers of Fire Pits, Suppliers of Fire Pits, Wholesalers, Distributors and Retailers of Fire Pits, End-User and Others