Global Fire Pits Market Size By Type (Wood Burning Fire Pits, Gas Fire Pits), By End-Use (Residential, Commercial), By Geographic Scope And Forecast

Fire Pits Market Size And Forecast

Fire Pits Market size is valued at USD 6.20 Billion in the year 2021 and it is expected to reach USD 9.89 Billion in 2030, growing at a CAGR of 6.23% from 2023 to 2030.

Increasing demand for outdoor living, the rising preference of homeowners to create indoor ambiance in outdoor spaces, and improving outdoor recreational activities are expected to drive the Fire Pits Market over the forecast period. The Global Fire Pits Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors playing a substantial role in the market.

Global Fire Pits Market Definition

Fire Pits offer warmth, illumination, and a cozy meeting, leisure, and entertainment environment. They are available in various sizes, forms, and designs and may be powered by wood, gas, propane, or ethanol. Fire Pits can be built into the ground or bought as standalone pieces.

Wood-burning fire pits, gas Fire Pits, as well as propane Fire Pits, are among the various kinds of fire pits. The most classic and rustic alternative, wood-burning Fire Pits give a natural and realistic campfire atmosphere. Gas and propane Fire Pits are more contemporary and convenient since there is no cleaning, and the flame is easier to regulate and modify. Ethanol Fire Pits are also accessible, and they use bioethanol fuel, which burns cleanly and produces no smoke or odor.

Fire Pits can be made of various materials, including stone, concrete, metal, and brick. The most lasting and weather-resistant alternatives are stone and cement fire pits, which may be customized to complement the outdoor design and taste. Metal Fire Pits are lightweight and easily transportable, making them excellent for camping or traveling. Brick Fire Pits are extremely popular, with a classic and beautiful appearance that suits any outdoor environment.

Fire Pits are adaptable and may be used for various functions, including cooking, marshmallow roasting, and offering lighting and warmth. Some Fire Pits have skewers, grills, or other culinary tools that allow users to prepare food above the flames. Fire Pits may also be utilized to establish the tone and create an ambiance for outdoor parties and events.

Global Fire Pits Market Overview

The Fire Pits industry is really heating up, and it's thanks to a few trendswe're all loving outdoor living, getting into DIY and home renovations, and thinking more about the environment. Fire pits? They're popping up everywhere! People love them for their good looks, how they save energy, and because they're just plain easy to use. As we keep wanting to hang out outside more, the demand for these things is only going to get bigger. Seriously, this whole "outdoor living" thing is a huge driver. Whether it's chilling, having friends over, or just wanting some fresh air, folks want to be outside. And fire pits? They just make being outdoors feel all warm and inviting.

Furthermore, consumers are using Fire Pits for multi-seasonal residing and entertainment. Furthermore, outdoor heaters and fireplaces are the most popular options for converting outdoor areas for year-round use, based on Fixr’s Top Outdoor Living Trends in 2021 document. According to a Zillow poll, properties with outdoor fireplaces and fire pits, including free-standing chiminea fires, can sell 2.8 days faster than comparable residences lacking a backyard fire in 2021. These variables are expected to drive market growth. Another element propelling the Fire Pits industry is the expanding DIY and home renovation trend.

Many homeowners desire to enhance their outdoor living in empty spaces, and Fire Pits are an excellent method. They are a popular alternative for individuals wishing to update their houses because they are simple to install and inexpensive. Companies are also increasing their geographic reach to get a larger piece of the marketplace. Strategic alliances with customers and introducing innovative goods to produce new products are expected to be essential success factors in the coming years.

So, take Crate & Barrel. At the start of 2020, they launched this totally cool new shop in Pasadena, California. Imagine getting help designing your dream space from scratch, using 3D models, mood boards, and floor plans! Plus, they have all sorts of home decor, including fire pits, outdoor decorations, and more. Now, about those Fire Pits… they can be a little tricky. You've gotta be careful when using them. Fire safety is super important because Fire Pits have caused accidents before, leading to tighter rules and safety guidelines. Because of that, some folks might think twice about buying one, which could slow down how well they sell in the future.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Fire Pits Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global Fire Pits Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Global Fire Pits Market Segmentation Analysis

The Global Fire Pits Market is Segmented on the Basis of Type, End-Use, And Geography.

Fire Pits Market, By Type

• Wood Burning Fire Pits
• Gas Fire Pits

Thinking about fire pits, there are generally two main typesWood Burning Fire Pits and Gas Fire Pits. It's interesting to note that Gas Fire Pits really took off, grabbing a big chunk of the market back in 2021. They've gotten super popular in the last ten years because they're just so easy to use, offer a ton of variety, and are generally safer. Consider them a modern and stylish update to the classic wood-burning experience, perfect for sprucing up your deck, patio, or backyard. Plus, gas fire pits are incredibly adaptable! You can find them in all sorts of designs, sizes, and shapes, meaning you can tailor one to perfectly fit your outdoor space. And get thisthey run on either propane or natural gas, depending on what you like and what's readily available where you live.

Fire Pits Market, By End-Use

• Residential
• Commercial

Based on End-Use, the market is segmented into Excavators, Trenchers, Road Milling & Paving Equipment. The printing industry segment dominated the global Fire Pits Market, with the highest market share in 2021. In recent years, Fire Pits have become popular among residents, and the need for residential Fire Pits is still growing. Outdoor Fire Pits provide a cozy and inviting environment and are ideal for hosting guests, roasting marshmallows, or spending time with loved ones.

Fire Pits Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

On the basis of Geography, the global Fire Pits Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North American region accounted for the highest market share in the global Fire Pits Market in the year 2021. Over the last few years, Fire Pits have become prominent in North America, and the need for such outdoor heating alternatives is still rising. Fire Pits are becoming more common in many private gardens in the United States and Canada. They are also becoming more utilized in business environments, including hotels, restaurants, and event locations.

Key Players

The “Global Fire Pits Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the 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 among others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.

Key Developments

• In February 2023, TIKI Brand announced the release of the Reunion Fire Pit, the latest addition to their line of top-rated smokeless fire pits. The Reunion has great features like the common Patio Fire Pit and Portable Fire Pit, such as an ash pan for easy clean-up, a low smoke experience, a four-foot heat radius, and a waterproof exterior.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

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Reasons to Purchase this Report

We dig into the market, looking at both the economic side and the non-economic side by splitting it into different groups. Then, we give you the market value (in USD Billion!) for each of those groups. We'll even tell you which region and segment we think will be the fastest-growing and who's going to be top dog. Plus, we analyze each area geographically, showing where the product/service is used and what's influencing the market there. And of course, a competitive overview with rankings of the big players, new launches, partnerships, business expansions, and acquisitions from the last five years, all wrapped up in profiles of the companies. Extensive c