Market Overview:
The global hanging patio heaters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for outdoor heating solutions, especially in commercial and residential applications. In terms of type, the global hanging patio heaters market is segmented into large-sized, medium-sized, and small-sized categories. The large-sized category is expected to account for the majority share of the global hanging patio heaters market during the forecast period. This can be attributed to their high efficiency and ability to cover a large area quickly.
Product Definition:
A hanging patio heater is a type of patio heater that is designed to be suspended from the ceiling. This allows it to heat a larger area than traditional patio heaters. Hanging patio heaters are often used in commercial settings, such as restaurants or bars, to provide warmth for customers or employees.
Large-sized:
Large-sized Patio Heaters are those with the capacity of more than 80,000 BTU. They are used for heating large areas such as porches, decks and whole patios. Increasing consumer preference towards outdoor living spaces is expected to drive the global Large-sized Patio Heaters market growth over the forecast period.
The growing construction of large residential homes in North American and European countries including U.S.
Medium-sized:
Medium-sized patio heaters are the ones that can heat up to 500 square feet of area. They have a high rate of heating (around 6,000 BTU’s) and they last for about 8 to 10 hours. The average medium-sized patio heater has a steel body with plastic wheels and it is designed to be used on concrete or hard surfaces. It is not intended for use on wooden decks or paved areas as the intense heat may damage these materials.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The growing tourism industry has resulted in an increased demand for hanging patio heaters at hotels, restaurants and other hospitality establishments. These products are widely used to enhance ambience and create a cozy environment for customers who dine-out frequently. Increasing number of cafes and restaurants across the globe is also expected to contribute significantly towards product demand over the forecast period.
Residential application segment is expected to be the fastest-growing market with a CAGR of XX% from 2018 to 2030 owing to increasing spending on home remodeling projects that include adding luxury features such as outdoor fireplaces, seating areas.
Regional Analysis:
Europe dominated the global market in 2017 owing to increasing demand for stylish and modern furniture. The region is expected to witness significant growth over the forecast period due to rising disposable income of consumers and rapid urbanization. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of increasing spending power, growing population, improving standard of living, and rising per capita income in developing countries including China, India, Thailand among others. In addition, high construction activities due to growing population are further anticipated fuel product demand in this region during the forecast period.
Growth Factors:
- Increasing demand for outdoor leisure activities, which is driving the demand for patio heaters
- Rising disposable income of consumers, which is enabling them to spend on luxury items such as patio heaters
- Growing popularity of home improvement and gardening trends, which is resulting in an increase in the number of homeowners installing patio heaters
- Proliferation of online retailing platforms, making it easier for consumers to purchase patio heaters
- Technological advancements that are making patio heaters more energy-efficient and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Hanging Patio Heaters Market Research Report
By Type
Large-sized, Medium-sized, Small-sized
By Application
Commercial, Residential
By Companies
Bond Manufacturing, AZ Patio Heaters, AmazonBasics, Napoleon, Blue Rhino, Lava Heat Italia, Bromic Group, Dayva, Infratech, Lynx Grills, Solaira, Infrared Dynamics, Symo Parasols, Fire Sense
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Hanging Patio Heaters Market Report Segments:
The global Hanging Patio Heaters market is segmented on the basis of:
Types
Large-sized, Medium-sized, Small-sized
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bond Manufacturing
- AZ Patio Heaters
- AmazonBasics
- Napoleon
- Blue Rhino
- Lava Heat Italia
- Bromic Group
- Dayva
- Infratech
- Lynx Grills
- Solaira
- Infrared Dynamics
- Symo Parasols
- Fire Sense
Highlights of The Hanging Patio Heaters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Large-sized
- Medium-sized
- Small-sized
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hanging Patio Heaters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hanging patio heaters are a type of portable heater that is mounted on a post or beam. They use either propane or natural gas to generate heat, and can be used to warm up an area quickly.
Some of the major players in the hanging patio heaters market are Bond Manufacturing, AZ Patio Heaters, AmazonBasics, Napoleon, Blue Rhino, Lava Heat Italia, Bromic Group, Dayva, Infratech, Lynx Grills, Solaira, Infrared Dynamics, Symo Parasols, Fire Sense.
The hanging patio heaters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hanging Patio Heaters Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Hanging Patio Heaters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hanging Patio Heaters Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Hanging Patio Heaters Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Hanging Patio Heaters Market Size & Forecast, 2020-2028 4.5.1 Hanging Patio Heaters Market Size and Y-o-Y Growth 4.5.2 Hanging Patio Heaters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Large-sized
5.2.2 Medium-sized
5.2.3 Small-sized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hanging Patio Heaters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hanging Patio Heaters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Large-sized
9.6.2 Medium-sized
9.6.3 Small-sized
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Large-sized
10.6.2 Medium-sized
10.6.3 Small-sized
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Large-sized
11.6.2 Medium-sized
11.6.3 Small-sized
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Large-sized
12.6.2 Medium-sized
12.6.3 Small-sized
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Large-sized
13.6.2 Medium-sized
13.6.3 Small-sized
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hanging Patio Heaters Market: Competitive Dashboard
14.2 Global Hanging Patio Heaters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bond Manufacturing
14.3.2 AZ Patio Heaters
14.3.3 AmazonBasics
14.3.4 Napoleon
14.3.5 Blue Rhino
14.3.6 Lava Heat Italia
14.3.7 Bromic Group
14.3.8 Dayva
14.3.9 Infratech
14.3.10 Lynx Grills
14.3.11 Solaira
14.3.12 Infrared Dynamics
14.3.13 Symo Parasols
14.3.14 Fire Sense