Gas Fire Pits Market Report

Market Insights

What is Gas Fire pits?

A gas fire pit is primarily intended for outdoor use and display. Some are designed to resemble real fire pits, which were once commonly used for cooking hundreds of years ago. Today, these types of gas fire pits can still be used for cooking.

The Gas Fire pits Market is estimated to grow from USD XX million in 2020 to USD XX million by 2026 at a healthy CAGR of XX during the forecast period.

Figure: Gas Fire Pits Market Size, 2020-2026 (USD Million)

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Market Drivers

The growing desire among homeowners to create an inside atmosphere in their outdoor spaces has fueled the market for Gas Fire pits. Gas Fire pits have become a popular trend among homeowners looking to improve their outdoor living spaces. Fireplaces were mentioned by landscape architects polled by the American Society of Landscape Architects.

Covid-19 Impact Analysis

The outbreak of COVID-19 significantly impacted the throw blankets materials supply chains, international trade, and manufacturing operations across the world. The production of throw blankets declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus. Furthermore, a scarcity of raw materials due to supply disruptions has resulted in a decrease in production.

Segments' Analysis

Application Trends

Based on application, the Gas Fire pits market has been divided into Indoor, Outdoor.  The Outdoor accounted for the largest market share in 2020. In relation to fire features, lake homeowners prefer to gather around outside Gas Fire pits rather than their living room fireplaces. As a result of this shift to outside places, flames and dining tables have fused to form Gas Fire pits. In today's frantic environment, one of the driving forces for the increasing traction of Gas Fire pits is the desire for the simple pleasure of relaxing.

Regional Trends

By region, the Europe Gas Fire pits market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. Product demand in this region is mostly driven by rising consumer expenditure on propane renovations and repairs, which is driving demand for high-end items.

The North America Gas Fire pits market is expected to grow at the highest CAGR during the review on account of the growth of the major end-use industries. Americans' desire for fire pits to extend the outdoor season is growing. Outdoor spaces are being treated as if they were internal rooms by homeowners. Outdoor heating elements play the role of traditional fireplaces, with expansive seating collections, outdoor kitchens, and extravagant décor.

Critical Questions Answered in the Report

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Gas Fire pits 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. Following are the critical questions answered in the report.

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

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Key Players

Key players operating in the Gas Fire pits Market are-

• Frepits UK
• Galaxy Outdoor
• American Fire Glass
• Stahl Fire Pit
• Iron Embers
• Acucraft
• Woodbridge Fireplace

Target Audience

The target audience of Gas Fire pits Market includes-

• Gas Fire pits Vendors
• Gas Fire pits Manufacturers
• Gas Fire pits Distributors
• Hotels
• Restaurants

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