Global Outdoor Fire Pit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Outdoor Fire Pit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Fire pits can be complex gas-fired structures constructed of stone, brick, and metal. Outdoor Fire Pits are specifically designed and built for open recreational use. Outdoor Fire Pits have become an essential piece of outdoor ambience, adding visual warmth to patios when the outside temperature drops and adding rich style to outdoor living spaces.

Market Overview:

The latest research study on the global Outdoor Fire Pit market finds that the global Outdoor Fire Pit market reached a value of USD 566.5 million in 2022. It’s expected that the market will achieve USD 1013.57 million by 2028, exhibiting a CAGR of 10.18% during the forecast period.

Due to the outbreak of the Russian-Ukrainian war, the global energy crisis broke out. Especially for European countries, many European countries are highly dependent on Russia's natural gas energy supply. Therefore, the outbreak of the Ukrainian-Russian war led to a rise in natural gas prices and a rise in energy prices in Europe. According to Eurostat data, as of July 2022, the annual growth rate of energy price inflation in the EU reached 38.3%, of which the annual growth rate of natural gas and electricity price inflation reached 52.2% and 31.1% respectively. Energy prices have continued to rise since August. As winter approaches, the temperature keeps dropping. Relevant meteorological experts predict that Europe will be colder in November and December this year, and the rainfall and wind will decrease, which will cause huge difficulties for European wind and hydropower generation. Facing the cold winter, the heating demand in Europe has increased. Therefore, in the dilemma of limited natural gas supply and skyrocketing prices, EU consumers are increasingly demanding home heating equipment that consumes less energy, such as outdoor fire pits. Therefore, in general, the outbreak of the Russian-Ukrainian war has promoted the development of the industry market to a certain extent.

Popularity of social activities about Outdoor Fire Pits

With the improvement of consumption level and people's quality of life, consumers are very keen on activities such as outdoor leisure, cooking, dining and entertaining relatives and friends. As a result, more and more residential clients tend to create an outdoor living space. With rising income levels and the popularity of social activities related to Outdoor Fire Pits, such as outdoor dining in the garden, social gatherings, and barbecues in patio areas. The popularity of these activities will increase the purchase of Outdoor Fire Pits by downstream customers. This is an opportunity to drive the Outdoor Fire Pits market.

Intense competition in the industry

The Outdoor Fire Pits industry has a low threshold, a simple production process, and many market participants. With the development of the market size of the Outdoor Fire Pits industry, the market demand continues to expand, the industry development is relatively complete, the market price transparency is high, the corporate profits are low, and the products are easy to be imitated. Overall, the competition for Outdoor Fire Pits is going to get tougher. Some small-scale enterprises with weak R&D capabilities and poor product quality rely on shoddy products and price wars to seize market share, which affects the healthy development of the industry. In general, the fierce market competition in the industry is one of the challenges facing the development of the industry.

The popularity of outdoor camping

As economic development reaches a high level, people pay more and more attention to sports health, which will promote the long-term development of outdoor sports. Camping has multiple attributes such as sports, tourism, social interaction, and leisure, and has a low participation threshold. It is one of the outdoor activities that consumers love very much. The popularity of outdoor camping has led to sales of a range of outdoor gear, including outdoor fire pits. In camping activities, portable outdoor fire pits are one of the first choices. Due to their portable nature, using outdoor fire pits makes it easier and more convenient to set up a campfire at any time. In general, the popularity of outdoor camping has driven the growth of the outdoor fire pits industry.

With outdoor fire pits becoming a popular outdoor home design trend around the world, many manufacturers are committed to developing innovative products to meet people's needs. First, the demand for customized products may continue to increase. Outdoor fire pits come in different designs and price ranges, and can be tailored to the buyer's needs based on taste, spending plans and personal inclinations. For example, buyers can color and shape outdoor fire pits with outdoor furniture and architecture. With the development of architectural styles, simple and modern architectural styles are being welcomed by more and more people. Therefore, the shape of outdoor fire pits in the future will be more diversified to suit the architectural style. In terms of product development, manufacturers of outdoor fire pits will pay more attention to new product development activities and product advancements in the market. For example, applying LED lights outside the fire pit creates a unique design for the fire pit; developing more intelligent products. In addition, with the development of society and economy, people's income level has been continuously improved, and various outdoor camping activities are very popular. Therefore, the market size of portable outdoor fire pits will continue to expand. From a regional point of view, due to the outbreak of the Russian-Ukrainian war, the European energy crisis is very serious. As the cold winter season comes, the demand for outdoor fire pits in Europe will continue to increase.

Region Overview:

In 2021, the share of the Outdoor Fire Pit market in China stood at 71.84%.

Company Overview:

Solo Stove
Solo Stove designs simple, smart outdoor products to help customers create beautiful moments that become lasting memories. The company's products include fire pits, camping stoves, grills and accessories.

ZheJiang Yayi

ZheJiang Yayi is engaged in garden and outdoor living products, especially fire pits. ZheJiang Yayi provides a variety of materials, such as copper, stainless steel, steel, cast iron and cast aluminum, marble, granite, slate and combination materials for customers to choose and use.

Solo Stove is one of the major players operating in the Outdoor Fire Pit market, holding a share of 61.91% in 2022.

Segmentation Overview:

Wood Burning Fire Pits
Wood burning fire pit refers to a fire pit that uses wood as fuel. This is a traditional campfire experience, with popping and crackling sounds. And can emit more heat.

Propane Fire Pits

Refers to a fire pit fueled by propane. Most propane fire pits have electronic ignition devices, so you can avoid the traditional wood burning fire pits from inhaling heavy smoke.

Gel Fuel Fire Pits

Gel fuel is usually a thickener based on isopropanol or methanol. Fire pits filled with gel are suitable for smaller gardens, courtyards or balconies.

Natural Gas Fire Pits

Natural gas is mainly composed of methane, has a low density, and will rise when released into the air. This means that the risk of accidental fire is reduced. Natural gas fire pits can provide clean combustion. Reduce emissions and toxins during the combustion process.

Charcoal Fire Pits

Charcoal fire pit is economical, with sufficient raw materials and convenient sources. The disadvantage is that when some charcoal is burned, there will be smoke pollution and a pungent smell.

Among different product types, Wood Burning Fire Pits segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Home use, with a market share of 70.44%
in 2021.

Key Companies in the global Outdoor Fire Pit market covered in Chapter 3:

Fire Sense
Buck Stove
Camplux Machinery
Designing Fire
Hearth Products Controls (HPC)
The Outdoor Greatroom Company
Breeo
Crate and Barrel Holdings
Galaxy Outdoor
starfire Direct
Sunnydaze Decor
Ohio Flame
Warming Trends
ZheJiang Yayi
Solo Stove
Frepits UK
Jiangsu Gardensun
Landmann

In Chapter 4 and Chapter 14.2, on the basis of types, the Outdoor Fire Pit market from 2018 to 2029 is primarily split into:

Wood Burning Fire Pits
Propane Fire Pits
Gel Fuel Fire Pits
Natural Gas Fire Pits
Charcoal Fire Pits
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Outdoor Fire Pit market from 2018 to 2029 covers:

Home Use
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)