Global Fire Pits Market

Fire Pits Market Size, Share, Growth Analysis, By Product(Wood Burning, Propane, Charcoal, Gas), By End Use(Indoor and Outdoor), By Region - Industry Forecast 2025-2032


Report ID: SQMIG25I2011 | Region: Global | Published Date: July, 2024
Pages: 223 | Tables: 63 | Figures: 77

Fire Pits Market Dynamics

Fire Pits Market Drivers

Growing Demand for Outdoor Living Spaces to Bolster Market Growth

  • Fire pits provide an attractive and functional feature for outdoor living spaces, creating a warm and inviting atmosphere for relaxation, entertaining guests, or simply spending time with family and friends. They can also serve as a focal point for outdoor gatherings and events, enhancing the overall experience. As a result of this trend towards outdoor living spaces, the demand for fire pits is expected to continue to grow, particularly as manufacturers continue to innovate and develop new designs and features that cater to the changing needs and preferences of consumers.
  • In recent years, there has been a growing trend towards hosting events and gatherings in outdoor spaces, such as backyards and patios, rather than indoors. This trend has been driven by a number of factors, including a desire for more informal and relaxed social settings, as well as a growing interest in outdoor living and recreation.

Fire Pits Market Restraints

Weather-Dependency to Hinder Market Growth

  • Demand for fire pits is largely dependent on weather conditions, with sales typically highest during cooler months when people are more likely to spend time outdoors. This can lead to fluctuations in sales and revenue for manufacturers and retailers, as demand can be unpredictable and difficult to forecast.
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Fire Pits Market size was valued at USD 6.90 billion in 2022 and is poised to grow from USD 7.36 billion in 2023 to USD 12.26 billion by 2031, at a CAGR of 6.6% during the forecast period (2024-2031).

The market has become fragmented as a result of numerous small and large firms. The top players in the market concentrate on developing new products and incorporating cutting-edge innovation into their offerings. Players use a variety of tactics while expanding their operations in other geographies in order to remain competitive in the market and meet customer demand. 'Solo Stove (US)', 'Fire Sense (US)', 'Heininger (US)', 'Blue Rhino (US)', 'Landmann (Germany)', 'Outland Living (Canada)', 'Endless Summer (US)', 'Bond Manufacturing (US)', 'AZ Patio Heaters (US)', 'The Outdoor GreatRoom Company (US)', 'Agio International (US)', 'Real Flame (US)', 'Designing Fire (US)', 'Napoleon (Canada)', 'Paloform (Canada)', 'EcoSmart Fire (Australia)', 'AK47 Design (Italy)', 'Higley Welding (US)', 'Yard Couture (US)', 'CobraCo (US)', 'Sunjoy (Canada)', 'Pleasant Hearth (US)'

Fire pits provide an attractive and functional feature for outdoor living spaces, creating a warm and inviting atmosphere for relaxation, entertaining guests, or simply spending time with family and friends. They can also serve as a focal point for outdoor gatherings and events, enhancing the overall experience. As a result of this trend towards outdoor living spaces, the demand for fire pits is expected to continue to grow, particularly as manufacturers continue to innovate and develop new designs and features that cater to the changing needs and preferences of consumers.

Gas-powered fire pits are becoming increasingly popular, as they offer several advantages over traditional wood-burning fire pits, including easier operation, less maintenance, and less smoke and debris. Manufacturers are responding to this trend by developing new gas-powered fire pits with improved features and designs.

With a share of 39.8% in 2022, North America dominated the market. Consumer demand for patios and heating appliances like fire pits in newly built homes is anticipated to grow the market in North America. For instance, the Survey of Construction, released in August 2021 by the National Association of Home Builders and the U.S. Census Bureau, states that construction on almost 990,000 single-family homes began and that 61.4% of newly constructed homes had patios.

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Global Fire Pits Market

Report ID: SQMIG25I2011

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