Patio Heaters Market Report

Patio Heaters Market Report

Patio Heaters Market Report
Report code - SRCG281 Delivery - 2 Weeks
Global Patio Heaters Market, Trends, Dynamics and Market Analysis
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Market Insights

The Global Patio Heaters Market is expected to grow from USD XX billion in 2020 to USD XX billion by 2026 at a CAGR of over 6.6% during the forecast period.

Figure: Global Patio Heaters Market Size, 2020-2026 (USD Billion)

Patio-Heaters-Market-Forecast

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What are Patio Heaters?

Patio heaters, also known as umbrella heaters can be defined as heating appliances used for generating thermal radiation for outdoor applications. A patio heater runs either by using electricity or burning fuel such as propane or natural gas. Patio heaters are available in various shapes and sizes. One of the most commonly used patio heaters is the full-size freestanding unit.

Key Players

Key players operating in the global Patio Heaters Market are-

  • Bond Manufacturing (The US)
  • AZ Patio Heaters (UK),
  • Napoleon (Canada),
  • Blue Rhino (The U.S.),
  • Lava Heat Italia (The U.S.),
  • Bromic (Netherlands),
  • Dayva International Inc. (The U.S.),
  • Infratech (The U.S.),
  • Solaira (The U.S.),
  • Sunglow Industries, Inc. (The U.S.), and
  • Sunpak (The U.S.).

Market Segmentation

Market Dynamics

The global patio heaters market is expected to register a CAGR of around 6.2%during the review period.

  • The increasing popularity of outdoor activities is likely to drive the demand for patio heaters as it helps to bring indoor comfort to outdoor living.
  • Growing emphasis on product innovation and product differentiation by the market players is the prominent trend noticed in the global patio heaters market. The players are manufacturing high-quality products using advanced technologies.
  • However, the impact of using heaters on the environment is likely to hamper the market growth during the review period.

Type Trends

Based on type, the market has been segmented into electric, natural gas and propane.

  • The natural gas segment accounted for more than 30% share of the global patio heaters market as it provides better heat output in the well-ventilated outdoor seating areas.
  • The electric patio heaters segment is expected to grow at a significant CAGR during the review period.
  • Electric heaters are easy to use and are primarily used for outdoor spaces that are not well ventilated.

Regional Trends

North America accounted for the largest market share in 2020 owing to high demand for new advanced products.

  • The market in Asia-Pacific is expected to register highest growth during the forecast period.
  • This market growth can be attributed to increasing installation of heaters in countries including China and India coupled with changing living standards and rising per capita disposable income.

COVID-19 Impact on Global Patio Heaters Market

The spread of coronavirus led to the enforcement of lockdown to curb the spread of the virus. This resulted in travel restrictions and supply chain disruptions. The disruption in the supply chain affected the manufacturing of heaters. The number of heater installations declined amid the covid-19 outbreak. But some players did continue the manufacturing but with the minimal workforce in line with the rules and norms set by the governments across geographies.

Critical Questions Answered in the Report

  • What are the key trends in the global patio heaters market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
  • What is the impact of COVID-19 on global patio heaters market?
  • What are the key strategies adopted by the major vendors to lead in the global patio heaters market?
  • What is the market share of the top vendors?

Target Audience

The following is a list of the customers that the Patio Heaters Market aims to convert the most:

  • Patio heaters manufacturers
  • Patio heaters suppliers
  • Patio heaters distributors
  • Organizations
  • Government bodies

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Frequently Asked Questions (FAQs)

The patio heaters market is expected to grow at 6.6% CAGR in the foreseeable future.

Bond Manufacturing (The US), AZ Patio Heaters (UK), Napoleon (Canada), Blue Rhino (The U.S.), Lava Heat Italia (The U.S.), Bromic (Netherlands), Dayva International Inc. (The U.S.), Infratech (The U.S.), Solaira (The U.S.), Sunglow Industries, Inc. (The U.S.) and Sunpak (The U.S.) are among the key players in the patio heaters market.

North America accounted for the largest share of patio heaters market in 2020 owing to high demand for new advanced products.

Asia-pacific is expected to register highest growth in the patio heaters market during the forecast period.

The increasing popularity of outdoor activities is likely to drive the demand for patio heaters as it helps to bring indoor comfort to outdoor living.

The electric patio heaters segment is expected to grow at a significant CAGR in the patio heaters market in the coming years.