Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Outdoor Hearth Market by Type (Gas, Electricity, Wood), By Application (Residential, Commercial, Institutional, Hospitality) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Outdoor Hearth Market by Type (Gas, Electricity, Wood), By Application (Residential, Commercial, Institutional, Hospitality) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 257718 4200 Consumer Goods 377 178 Pages 4.9 (46)
                                          

Market Overview:


The global outdoor hearth 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 hearths from residential, commercial, and institutional applications. Additionally, the growing popularity of gas-based outdoor hearths is also propelling the growth of this market. However, factors such as high installation costs and lack of awareness about these products are restraining its growth to some extent. The global outdoor hearth market can be segmented on the basis of type into gas-based, electric-based, and wood-based Outdoor Hearths. The gas-based Outdoor Hearth segment is expected to account for a major share in terms of revenue in 2018 owing to its growing popularity among consumers across different regions worldwide. This segment is also projected to grow at a higher CAGR during the forecast period due to various advantages offered by it over other types such as easy installation and low maintenance cost.


Global Outdoor Hearth Industry Outlook


Product Definition:


An outdoor hearth is an open fireplace designed to be used outdoors. They are often used in parks and other public areas. Outdoor hearths are important because they provide a place for people to gather and socialize. They also provide a source of heat and light.


Gas:


Outdoor hearth is a type of fire pit or barbecue grill that is used for cooking over an open flame. It can be found in both outdoor and indoor settings. The design of the device includes four legs, two arms, and a shelf on which to place food or pots.


Electricity:


Electricity and it's usage in outdoor hearth market is the power that comes from a source of electrically charged particles, which are generated by means of a battery. The source can be natural or artificial. It is used to heat an object or material that produces smoke, steam, or water vapor; for instance; an electric heating pad.


Application Insights:


The commercial application segment accounted for the largest share of over 70.0% in 2017. The increasing number of hotels, restaurants and other foodservice industries are driving the demand for outdoor fireplaces as they provide a cozy and warm ambiance to these businesses. Furthermore, an increase in tourism is boosting the construction of new hotels which will eventually boost product demand over the forecast period.


The residential application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising urbanization trends across various regions including Asia Pacific, Central & South America.


Regional Analysis:


Europe dominated the global outdoor fireplace market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing demand for fireplaces in countries such as Germany, France, and Italy among others. Asia Pacific is projected to emerge as a lucrative regional market during the same period owing to growing product adoption in emerging countries such as India and China among others.


The North American region accounted for more than 20% of global revenue share in 2017 owing to high consumer awareness regarding energy conservation coupled with government initiatives on eco-friendly heating solutions such as heat pumps.


The key players operating in this industry are Hearth Products Company; Stiebel Eltron; Vermont Castings Inc.; Heatilator Manufacturing Co., Ltd.; Rheem Group LLC; Yorkville Equipment Corporation; Extech Power Tools Inc.; Honeywell International Inc.


Growth Factors:


  • Increasing demand for outdoor hearths from the residential sector as a result of growing popularity of outdoor living spaces.
  • Rising disposable income levels of consumers, which is encouraging them to invest in high-end outdoor hearth products.
  • Proliferation of e-commerce platforms that are offering a wide range of affordable outdoor hearth products, thereby driving adoption among consumers.
  • Growing awareness about the benefits offered by outdoor hearths, such as improved air quality and increased relaxation opportunities, is prompting more people to install these products in their homes and gardens.

Scope Of The Report

Report Attributes

Report Details

Report Title

Outdoor Hearth Market Research Report

By Type

Gas, Electricity, Wood

By Application

Residential, Commercial, Institutional, Hospitality

By Companies

Stove Builder, Travis Industries, Empire Comfort, HNI, Glen Dimplex, Napoleon Fireplaces

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

178

Number of Tables & Figures

125

Customization Available

Yes, the report can be customized as per your need.


Global Outdoor Hearth Market Report Segments:

The global Outdoor Hearth market is segmented on the basis of:

Types

Gas, Electricity, Wood

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

Residential, Commercial, Institutional, Hospitality

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:

  1. Stove Builder
  2. Travis Industries
  3. Empire Comfort
  4. HNI
  5. Glen Dimplex
  6. Napoleon Fireplaces

Global Outdoor Hearth Market Overview


Highlights of The Outdoor Hearth Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Gas
    2. Electricity
    3. Wood
  1. By Application:

    1. Residential
    2. Commercial
    3. Institutional
    4. Hospitality
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Outdoor Hearth 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
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Global Outdoor Hearth Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Outdoor Hearth is a website that provides information about outdoor fireplaces and chimneys. It includes reviews of different models, how to build an outdoor fireplace, and tips for using an outdoor fireplace.

Some of the major players in the outdoor hearth market are Stove Builder, Travis Industries, Empire Comfort, HNI, Glen Dimplex, Napoleon Fireplaces.

The outdoor hearth 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 Outdoor Hearth 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 Outdoor Hearth Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Outdoor Hearth 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 Outdoor Hearth 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 Outdoor Hearth Market Size & Forecast, 2018-2028       4.5.1 Outdoor Hearth Market Size and Y-o-Y Growth       4.5.2 Outdoor Hearth Market Absolute $ Opportunity

Chapter 5 Global Outdoor Hearth 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 Outdoor Hearth Market Size Forecast by Type
      5.2.1 Gas
      5.2.2 Electricity
      5.2.3 Wood
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Outdoor Hearth 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 Outdoor Hearth Market Size Forecast by Applications
      6.2.1 Residential
      6.2.2 Commercial
      6.2.3 Institutional
      6.2.4 Hospitality
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Outdoor Hearth 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 Outdoor Hearth 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 Outdoor Hearth Analysis and Forecast
   9.1 Introduction
   9.2 North America Outdoor Hearth 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 Outdoor Hearth Market Size Forecast by Type
      9.6.1 Gas
      9.6.2 Electricity
      9.6.3 Wood
   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 Outdoor Hearth Market Size Forecast by Applications
      9.10.1 Residential
      9.10.2 Commercial
      9.10.3 Institutional
      9.10.4 Hospitality
   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 Outdoor Hearth Analysis and Forecast
   10.1 Introduction
   10.2 Europe Outdoor Hearth 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 Outdoor Hearth Market Size Forecast by Type
      10.6.1 Gas
      10.6.2 Electricity
      10.6.3 Wood
   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 Outdoor Hearth Market Size Forecast by Applications
      10.10.1 Residential
      10.10.2 Commercial
      10.10.3 Institutional
      10.10.4 Hospitality
   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 Outdoor Hearth Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Outdoor Hearth 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 Outdoor Hearth Market Size Forecast by Type
      11.6.1 Gas
      11.6.2 Electricity
      11.6.3 Wood
   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 Outdoor Hearth Market Size Forecast by Applications
      11.10.1 Residential
      11.10.2 Commercial
      11.10.3 Institutional
      11.10.4 Hospitality
   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 Outdoor Hearth Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Outdoor Hearth 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 Outdoor Hearth Market Size Forecast by Type
      12.6.1 Gas
      12.6.2 Electricity
      12.6.3 Wood
   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 Outdoor Hearth Market Size Forecast by Applications
      12.10.1 Residential
      12.10.2 Commercial
      12.10.3 Institutional
      12.10.4 Hospitality
   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) Outdoor Hearth Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Outdoor Hearth 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) Outdoor Hearth Market Size Forecast by Type
      13.6.1 Gas
      13.6.2 Electricity
      13.6.3 Wood
   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) Outdoor Hearth Market Size Forecast by Applications
      13.10.1 Residential
      13.10.2 Commercial
      13.10.3 Institutional
      13.10.4 Hospitality
   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 Outdoor Hearth Market: Competitive Dashboard
   14.2 Global Outdoor Hearth Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Stove Builder
      14.3.2 Travis Industries
      14.3.3 Empire Comfort
      14.3.4 HNI
      14.3.5 Glen Dimplex
      14.3.6 Napoleon Fireplaces

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