Patio Heaters Market Report
The Global Patio Heaters Market report is segmented By Type (Electric, Natural Gas, Propane), Application (Commercial, Residential), Distribution Channel (Offline, Online) and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Patio heaters market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The Global Patio Heaters Market report is segmented By Type (Electric, Natural Gas, Propane), Application (Commercial, Residential), Distribution Channel (Offline, Online) and Region. This market research re...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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)
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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 operating in the global Patio Heaters Market are-
The global patio heaters market is expected to register a CAGR of around 6.2%during the review period.
Based on type, the market has been segmented into electric, natural gas and propane.
North America accounted for the largest market share in 2020 owing to high demand for new advanced products.
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.
The following is a list of the customers that the Patio Heaters Market aims to convert the most:
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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.