Fire Pits - Global Strategic Business Report

The global market for Fire Pits was valued at an estimated US$7.0 Billion in 2023 and is projected to reach US$9.6 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the fire pit market is driven by several factors, including increased interest in outdoor living and home improvement. As homeowners look to enhance their outdoor spaces, fire pits have become a key element in garden and patio designs, promoting a cozy and inviting atmosphere. Economic factors, such as the increase in home equity loans and discretionary spending, have allowed consumers to invest more in home landscaping and luxury outdoor features. Additionally, the rise of staycations" due to travel restrictions and safety concerns in recent years has boosted investments in making home environments more enjoyable, with fire pits providing an appealing option for those looking to create a vacation-like setting at home. Consumer preferences for eco-friendly and energy-efficient solutions have also influenced product innovation, leading to the adoption of cleaner fuels and efficient burning technologies that align with environmental standards and consumer values, ensuring sustained growth in this dynamic market."

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Wood Burning Fire Pits segment, which is expected to reach US$4.5 Billion by 2030 with a CAGR of a 4.5%. The Gas Fire Pits segment is also set to grow at 4.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.9 Billion in 2023, and China, forecasted to grow at an impressive 7.4% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Fire Pits Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Fire Pits Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Fire Pits Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Airxcel, Inc. (Suburban), Balkene Home, Beellen, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 53 Featured):

• Airxcel, Inc. (Suburban)
• Balkene Home
• Beellen
• Cal Flame, Inc.
• Crate & Barrel
• FirepitsUK
• GHP Group, Inc
• HPC Fire Inspired
• Iron Embers, Inc.
• KingSo
• MAX Fire Pits
• Muskoka Fire Pits
• Paloform
• Shinerich Industrial Limited
• Stahl Fire Pit, LLC
• The Fire Pit Co.
• Yahee Technologies Corp.