Outdoor Fire Pit Market Growth Statistics 2022 | Market To Reach USD 232.57 Million With CAGR 3.4% By 2028

Market Overview:

Outdoor Fire Pits Market size is projected to reach USD 232.57 Million by 2028 from an estimated USD 184.04 Million in 2021, growing at a CAGR of 3.4% globally.

A terrific way to experience the ambiance of an outdoor fire without the risks of blazing wood is to place an outdoor fire pit on your yard. An outdoor fire pit is designed and constructed specifically for open recreation usage, and is frequently used on lawns, around swimming pools, in yards, and outside of restaurants. As it provides visual warmth in the patio area when the temperature outside has fallen a bit and additionally rich design for outdoor living areas, an outdoor fire pit has evolved into a basic piece of outdoor ambiance equipment. Additionally, it is anticipated that the market for outdoor fire pits will experience rapid growth during the forecast period. This is because outdoor fire pits add atmosphere and foster a sense of community among those who gather around their flames.

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Market Dynamics:

Driver:
The market for outdoor fire pits is driven by the acceptance of western culture in developing nations and the increase in urbanization, which are redefining how people think of the outdoors. Additionally, as travel and the tourism sector have grown, so too has interest in outdoor fire pits due to its prestige and morality. Outdoor fire pits are also available in a variety of styles and price points, and they can be customized to meet specific customer needs based on preferences, finances, and personal preferences.

Opportunities:
The creation of new products and product improvement are receiving more attention from outdoor fire pit manufacturers. For instance, using LED lights outside the fire pits offers a new appearance for the fire pits. Additionally, people's preference for enjoying leisure activities outdoors has changed, which also boosts the market for outdoor fire pits.

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Segmentation Analysis of the Outdoor Fire Pits Market

By Type
• Wood Burning Fire Pits
• Propane Fire Pits
• Gel Fuel Fire Pits
• Natural Gas Fire Pits

By Application
• Home Use
• Commercial

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By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Outdoor Fire Pits Market are:
• Frepits UK
• Designing Fire
• Warming Trends
• Hearth Products Controls (HPC)
• Galaxy Outdoor
• Buck Stove and other major players.

Recent Industry Developments In Outdoor Fire Pits Market
January 2021, HPC Fire Inspired™ expanded to larger building. This new building will allow company to handle the growing backlog and demands of customers, under one roof. By maximizing the new location's operations layout, the company will be able to streamline and be as efficient as possible.

October 2019, HPC Fire Inspired™ launched the industry's first certified outdoor gas fireplace burner, which not only eliminates the smoke from the fireplace but also makes the fireplace much easier to operate. These fireplace burners transform a polluting wood-burning fireplace into an easily installed, clean, and convenient gas fireplace.

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Table Of Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Outdoor Fire pits Market by Type
 5.1 Outdoor Fire pits Market Overview Snapshot and Growth Engine
 5.2 Outdoor Fire pits Market Overview
 5.3 Wood Burning Fire Pits
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Wood Burning Fire Pits: Grographic Segmentation
 5.4 Propane Fire Pits
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Propane Fire Pits: Grographic Segmentation
 5.5 Gel Fuel Fire Pits
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Gel Fuel Fire Pits: Grographic Segmentation
 5.6 Natural Gas Fire Pits
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Natural Gas Fire Pits: Grographic Segmentation

Chapter 6: Outdoor Fire pits Market by Application
To Be Continue…

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