Press release
Global Portable Stove Market growing at a CAGR of 9.6% during 2018-2025
Portable stove is a cooking stove specially designed to be portable and lightweight, used in camping, picnicking, backpacking, or other use in remote locations where an easily transportable means of cooking or heating is needed.
In global market, the production of Portable Stove increases from 12512 K Units in 2012 to 18144 K Units in 2016, at a CAGR of 9.74%. In 2016, the global Portable Stove market is led by China, capturing about 26.30% of global Portable Stove production. USA is the second-largest region-wise market with 22.14% global production share.
At present, the major manufacturers of Portable Stove are concentrated in Coleman, Primus, Iwatani, Maxsum, Camp Chef, Jinyu, Suntouch, Jetboil, MalloMe, Masterbuilt, Stansport. Maxsum is the world leader, holding 10.28% production market share in 2016.
USA was the largest regional market for Portable Stove, with Consumption exceeding 4767 K Units in 2016. It is further expected to grow due to more and more camping enthusiast. In addition, Europe is also expected to witness fast growth, at an estimated CAGR of 8.93% from 2012 to 2016.
In application, Portable Stove downstream is wide and recently Portable Stove has acquired increasing significance in various fields of home appliance, outdoor appliance and others. Globally, the Portable Stove market is mainly driven by growing demand for outdoor appliance which accounts for nearly 80.75% of total downstream consumption of Portable Stove in global.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Portable Stove production will show a trend of steady growth. In 2023 the production of Portable Stove is estimated to be 32515 K Units.
The global Portable Stove market is valued at 580 million US$ in 2017 and will reach 1210 million US$ by the end of 2025, growing at a CAGR of 9.6% during 2018-2025.
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The major manufacturers covered in this report
Coleman
Primus
Iwatani
Maxsum
Camp Chef
Jinyu
Suntouch
Jetboil
MalloMe
Masterbuilt
Stansport
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
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