Report ID: SQMIG25F2049
Report ID:
SQMIG25F2049 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
The Global Gas Fire Table Market size was valued at USD 69.46 million in 2021 and is poised to grow from USD 75.55 million in 2022 to USD 148.13 million by 2030, growing at a CAGR of 8.78% in the forecast period (2023-2030).
As gas fire tables combine comfort, aesthetics, and functionality, they are often being considered as a viable outdoor furnishing choice, resulting in the gas fire table market flourishing greatly. These fire tables are so popular as they offer a cozy ambiance, serve as stylish additions to outdoor spaces, and are a source of warmth for gatherings and relaxation. The growing trend of customers looking for outdoor heating solutions that provide a seamless transition between indoor and outdoor spaces and incorporate them into their homes is driving market growth.
In order to fill the required need for products that cater to different architectural styles and preferences, gas fire tables are being made available in multiple varying designs, sizes, and materials. Customers need not manage ash or handle firewood in the case of propane or natural gas for fuel, adding to their appeal. Several innovations such as built-in features like weather-resistant materials, adjustable flame heights, and integrated cooking surfaces to table designs have gripped the gas fire table market, driving further growth.
The growing interest in creating outdoor focal points for gatherings, increasing demand for outdoor entertainment and leisure spaces, adn the consumer preference towards extending the usability of outdoor areas across seasons are driving factors driving for the growth of the gas fire table market. Additionally, gas fire tables are aligned to shifting consumer preferences towards enhanced outdoor experiences that are also convenient and require low maintenance.
However, the market is also forced to deal with certain challenges like safety concerns, competition from other outdoor heating solutions in the industry, and the need for proper installation and upkeep. In order to fight these market constraints, market players are focusing on adding innovative materials, safety features, and clear usage instructions.
Since consumers are beginning to highly value outdoor spaces as an extension of their indoor living area, the gas fire table market is predicted to expand further, driven by the consumer desire to create comfortable and pleasingly inviting environments for outdoor living and gatherings.
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Report ID: SQMIG25F2049