Market Overview:
The global residential use fire pits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for outdoor living spaces and rising popularity of fire pits as a backyard decoration. In addition, the growing trend of using natural gas and propane fire pits is also contributing to the growth of this market. The wood burning fire pits segment is expected to dominate the global residential use fire pits market in terms of revenue during the forecast period. This segment accounted for more than 60% share of the total revenue in 2017 and is projected to grow at a CAGR of 5.2% during 2018-2030.
Product Definition:
A residential use fire pit is a small, outdoor fireplace that is typically used for cooking or warmth. They are usually made of metal or stone and have a grate to hold the firewood. Residential use fire pits are popular in backyards and on patios because they provide a cozy atmosphere and can be used to cook food.
Wood Burning Fire Pits:
Wood burning fire pits are used in residential areas for cooking and heating purposes. The product is made up of concrete, steel, and wood; it has a metal screen placed over the opening so that no one can fall inside the pit. It also provides an aesthetic appeal to residential outdoor spaces as it's often set amongst stones or small plants.
Natural Gas Fire Pits:
Natural gas fire pits are used in residential use for cooking and heating purposes. It is a low maintenance, safe alternative to traditional wood or coal-fueled fireplaces. Natural gas is considered as a clean fuel source that helps reduce air pollution and has fewer greenhouse emissions than other fuels such as propane or coal. The pit can be attached to an existing natural gas pipeline for easy installation; however, it requires professional installation services depending on the type of home being built.
Application Insights:
Indoor application dominated the global market in 2017, accounting for over 70.0% share of the total revenue. The increasing number of multi-family residential buildings and high growth rate of population in Europe and North America are factors contributing to the segment growth.
The outdoor application is expected to register a significant CAGR over the forecast period owing to growing awareness about safety issues among consumers, including proper installation by professionals. Outdoor fire pits offer an aesthetic appeal as well as a functional one; they serve as excellent additions to decks or patios where people gather for socializing, cooking food or just relaxing after work. Increasing disposable income levels coupled with rising per capita spending on home improvement projects is anticipated fuel demand for outdoor fireplaces in near future.
Increasing consumer preference towards gas-operated wood burning firepits due to their ability not only burn wood but also charcoal and other fuels such as leaves etc.
Regional Analysis:
North America dominated the global market in 2017 owing to high disposable income of consumers and rapid urbanization. The region is expected to maintain its dominance over the forecast period due to increasing consumer preference for modern lifestyle, which demands indoor spaces for socializing and entertainment. Moreover, rising awareness regarding health risks associated with open flame fire pits is projected to further propel demand in North America during the forecast period.
Asia Pacific residential use fire pits market is anticipated to grow at a significant rate over the forecast period owing to growing population coupled with increasing disposable income of consumers especially in India and China. Rising construction activities due tousing shortage are expected drive residential use fire pit sales across these countries during the estimated time frame. Furthermore, government initiatives promoting traditional outdoor cooking methods are likely boost regional product demand as well as sales from 2018 through 2030 time frame).
Growth Factors:
- Increasing demand for outdoor living spaces: The trend of outdoor living is gaining popularity among homeowners. This has led to an increase in the demand for residential fire pits, as they provide a perfect space to relax and enjoy outdoors.
- Growing popularity of backyard entertaining: Homeowners are increasingly hosting backyard parties and gatherings, which has resulted in an increase in the demand for residential fire pits. These pits offer a great place to gather around and socialize with friends and family members.
- Rising interest in home décor: Homeowners are now paying more attention to the aesthetics of their homes than ever before. This has led to an increased demand for decorative residential fire pits that can add visual appeal to any backyard setting.
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Use Fire Pits Market Research Report
By Type
Wood Burning Fire Pits, Natural Gas Fire Pits, Propane Fire Pits, Gel Fuel Fire Pits
By Application
Indoor, Outdoor
By Companies
Patina Products, Crate and Barrel, Airxcel, Endless Summer, Outdoor GreatRoom, Bond Manufacturing, TACKLIFE, GHP Group, Landmann, Best Choice Products, AmazonBasics, YAHEETECH, American Fyre Designs, Frepits UK, Fire Sense, KINGSO, Designing Fire
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Residential Use Fire Pits Market Report Segments:
The global Residential Use Fire Pits market is segmented on the basis of:
Types
Wood Burning Fire Pits, Natural Gas Fire Pits, Propane Fire Pits, Gel Fuel Fire Pits
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
Indoor, Outdoor
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:
- Patina Products
- Crate and Barrel
- Airxcel
- Endless Summer
- Outdoor GreatRoom
- Bond Manufacturing
- TACKLIFE
- GHP Group
- Landmann
- Best Choice Products
- AmazonBasics
- YAHEETECH
- American Fyre Designs
- Frepits UK
- Fire Sense
- KINGSO
- Designing Fire
Highlights of The Residential Use Fire Pits 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:
- Wood Burning Fire Pits
- Natural Gas Fire Pits
- Propane Fire Pits
- Gel Fuel Fire Pits
- By Application:
- Indoor
- Outdoor
- 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 Residential Use Fire Pits 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.
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- 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?
Residential use fire pits are typically used in backyards or gardens to allow people to cook food and enjoy the outdoors. They are also popular for gatherings of friends and family.
Some of the key players operating in the residential use fire pits market are Patina Products, Crate and Barrel, Airxcel, Endless Summer, Outdoor GreatRoom, Bond Manufacturing, TACKLIFE, GHP Group, Landmann, Best Choice Products, AmazonBasics, YAHEETECH, American Fyre Designs, Frepits UK, Fire Sense, KINGSO, Designing Fire.
The residential use fire pits market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Use Fire Pits 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 Residential Use Fire Pits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Use Fire Pits 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 Residential Use Fire Pits 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 Residential Use Fire Pits Market Size & Forecast, 2020-2028
4.5.1 Residential Use Fire Pits Market Size and Y-o-Y Growth
4.5.2 Residential Use Fire Pits 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 Wood Burning Fire Pits
5.2.2 Natural Gas Fire Pits
5.2.3 Propane Fire Pits
5.2.4 Gel Fuel Fire Pits
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 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Use Fire Pits 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 Residential Use Fire Pits 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 Wood Burning Fire Pits
9.6.2 Natural Gas Fire Pits
9.6.3 Propane Fire Pits
9.6.4 Gel Fuel Fire Pits
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 Indoor
9.10.2 Outdoor
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 Wood Burning Fire Pits
10.6.2 Natural Gas Fire Pits
10.6.3 Propane Fire Pits
10.6.4 Gel Fuel Fire Pits
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 Indoor
10.10.2 Outdoor
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 Wood Burning Fire Pits
11.6.2 Natural Gas Fire Pits
11.6.3 Propane Fire Pits
11.6.4 Gel Fuel Fire Pits
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 Indoor
11.10.2 Outdoor
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 Wood Burning Fire Pits
12.6.2 Natural Gas Fire Pits
12.6.3 Propane Fire Pits
12.6.4 Gel Fuel Fire Pits
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 Indoor
12.10.2 Outdoor
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 Wood Burning Fire Pits
13.6.2 Natural Gas Fire Pits
13.6.3 Propane Fire Pits
13.6.4 Gel Fuel Fire Pits
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 Indoor
13.10.2 Outdoor
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 Residential Use Fire Pits Market: Competitive Dashboard
14.2 Global Residential Use Fire Pits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Patina Products
14.3.2 Crate and Barrel
14.3.3 Airxcel
14.3.4 Endless Summer
14.3.5 Outdoor GreatRoom
14.3.6 Bond Manufacturing
14.3.7 TACKLIFE
14.3.8 GHP Group
14.3.9 Landmann
14.3.10 Best Choice Products
14.3.11 AmazonBasics
14.3.12 YAHEETECH
14.3.13 American Fyre Designs
14.3.14 Frepits UK
14.3.15 Fire Sense
14.3.16 KINGSO
14.3.17 Designing Fire
