The Fire Pits Market is estimated to be worth USD 7.24 billion globally in 2023 and is anticipated to register a CAGR of 6.5% from 2023 to 2033. In 2033, it is predicted that the global market would reach USD 13.59 billion.
The global market has been driven by homeowners' rising demand to evoke an inside feel in outdoor locations. Consequently, among homeowners looking to update their outdoor living spaces, fire pits have become one of the most popular trends.
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The most common feature of a fire pit is that it is made to contain and prevent the spread of flames. These pits could help recreate a campfire-like ambiance in your backyard.
Meat may be barbecued over a fire pit, especially if a bespoke metal fireplace with a grill is created to lay on top of the hot embers. This is one of the main factors fueling the demand for fire pits.
These appear to be among the greatest alternative lighting options for those looking to replace the typical outdoor lighting. Even though the light from that single, roaring fire isn't the brightest, it provides a cozy setting for spending some time alone or with loved ones.
To create a warm and inviting ambiance, these pits are the perfect focal point for gardens and campsites. This adventure-friendly adoption of fire pits is helping to increase sales from outdoor enthusiasts and campers.
They are available in a variety of types with a range of fuels, from portable propane to the newest virtual wood-burning smokeless technology, as well as a range of pricing ranges to suit any budget, which helps the fire pits to sell better.
Attributes | Details |
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Fire Pits Market CAGR (2023 to 2033) | 6.5% |
Fire Pits Market Size (2023) | USD 7.24 billion |
Fire Pits Market Size (2033) | USD 13.59 billion |
With a projected CAGR of 3.4%, the fire pits market was worth USD 177.99 million in 2020.
A few elements influenced the economic activity of acquisitions and divestitures in 2021. After businesses survived the pandemic, certain companies with significant pandemic-era revenues are flush with revenue generation, have high share values, and are actively looking to expand.
A key factor in the market's growth is the increase in consumer spending and demand for fire pits. Global sales of fire pits are anticipated to grow as consumer spending on creating a comfortable outdoor atmosphere rises in both developed and emerging nations.
Throughout the forecast period, technological advancements made by various manufacturers are anticipated to speed up fire pits market expansion.
The market is expanding as a result of the increasing Research and development activities and the rise in research partnerships with universities and institutions to enhance the characteristics of fire pits.
To capture the maximal proportion of the market, manufacturers are also increasing their geographic reach. Over the next few years, it is anticipated that developing strategic ties with customers and introducing ground-breaking products may continue to be crucial success factors.
Brooklyn-based Firm BioLite May Fuel the Dumbo Christmas Tree with its High-tech Fire Pit
In the shadow of the Manhattan Bridge, a local firm called BioLite constructed a high-tech fire pit that could power tree lighting. The 500-pound burner was constructed by BioLite, whose headquarters are a block away on Jay Street. Workers moved it to the Pearl St. Triangle for testing ahead of the lighting event.
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Attributes | Details |
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Wood Burning Fire Pits – Market Share | 48.8% |
Propane Fire Pits – Market CAGR | 9.4% |
During the anticipated period, the wood-burning segment controlled the fire pits market with a share of almost 48.8%. Given that they are located distant from the main building site, wood-burning pits are essentially made-up camping pits. They accurately recreate the sensation of a campfire in the woods, down to the occasional woody odor.
From 2023 to 2033, the propane segment is anticipated to record a CAGR of 9.4%. Propane burns more thoroughly and doesn't emit sparks or ash that could get on your skin or clothes.
Unlike conventional log fires, which leave burning coals for hours, a propane fire pit's flames can be easily extinguished. Unlike wood-burning fire pits, a propane fire pit can be placed on an open porch with an overhanging roof.
Attributes | Details |
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Outdoor – Market Share | 66.6% |
Indoor – Market CAGR | 7.1% |
Between 2023 and 2033, the outdoor category had the leading fire pits market share of 66.6%, and its growth is anticipated to be favorable. A lawn fire pit is a great method to take advantage of the outdoor fire's ambiance without the dangers of blazing wood.
Outdoor fire pits are widely used in lawns, yards, swimming pools, and outdoor eating areas for commercial enterprises. They are built and designed primarily for outdoor recreation.
Over the projection period, the indoor category is anticipated to experience a robust CAGR of 7.1%. Due to their visual appeal inside of homes, which makes them attractive overall and provides users with the same level of comfort as an outdoor fireplace, indoor fire pits are becoming more and more popular.
Since it is easy to build, indoor fire pits may also make for lovely indoor decorations, which is why more people are choosing to use them.
Attributes | Details |
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B2C – Market Share | 65.0% |
B2B – Market CAGR | 7.1% |
With a market share of roughly 65.0% in terms of sales, the B2C category is expected to lead during the forecast period. Residential fire pit installations are a part of the B2C segment.
From 2023 to 2033, the B2B market is anticipated to record a 7.1% CAGR.
The factors that produce different opportunities for the fire pit market at hotels, pools, and other locations are an advanced way of life with an increase in the appropriation of western culture and quick socializing trends like outdoor dining in gardens, social gatherings, and barbecuing and grilling activities in the patio area.
Attributes | Details |
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Classic Fire Pit – Market Share | 40.0% |
Tabletop Fire Pit – Market CAGR | 10.2% |
With a market share of about 40.0% in terms of sales during the forecast period, the classic fire pit segment is anticipated to lead the market. Nowadays, the most popular designs for fire pits are those made of metal or concrete. They can be made just for you and purchased from a store.
Over the forecast period, it is predicted that the tabletop fire pit segment may see a CAGR of 10.2%. Gas, which may come from an underground gas hookup or a propane tank, powers tabletop fire pits. Warm and inviting flames are created when the gas burners are lit.
The majority of consumers would rather purchase something more attractive than see the gas burner in the open, hence fire glass is utilized to cover the burners.
Region | North America |
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Market Share | 39.8% |
With a share of 39.8% during the anticipated period, North America is expected to dominate the fire pits market. As the popularity of fire pits increases, manufacturers should anticipate profitable opportunities.
With a combined market share of more than 35%, Patina Products, Crate and Barrel, and Airxcel have established themselves as the leading players in the international market. In the upcoming years, their share is anticipated to increase rapidly.
It is ideal for a variety of uses due to its broad range of applications and versatility in different environments. In addition, it may fit into a small urban yard. The standard of living is a bigger priority for North American citizens, which in turn affects the region's goods sales.
Region | Asia Pacific |
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CAGR | 7.6% |
From 2023 to 2033, Asia Pacific is projected to experience a CAGR of 7.6%. Asia Pacific is seeing healthy household growth, which is good for sales of fire pits. More support for fire pits market expansion is provided by rising disposable incomes.
Sales volume and value are predicted to rise significantly as a result of consumer preferences that are becoming more sophisticated and a growing desire to construct warm and aesthetically pleasing houses.
Due to the product's adaptability, these have a wide range of uses, from adventure applications in neighboring jungles and campgrounds to impromptu campfires. These pits can also be used as kitchens where appetizers and main courses can be prepared with the aid of a grill grate.
There is a big demand for the product in the Asia Pacific region because it is also highly safe to use and is offered at reasonable prices. These elements fuel the Asia Pacific region with a competitive advantage over other regions in terms of market share.
The research includes comprehensive profiles of home gas outdoor fire pit manufacturers and suppliers, allowing readers to assess their financial standing, significant product lines, most recent innovations, and business plans.
Most fire pits markets invest a lot of money in thorough research and development, mostly to create products that are safe and adhere to legal requirements. The main tactics used by significant players are global expansion and mergers and acquisitions.
Date | September 2021 |
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Company | HPC |
Details | Interactive software for fire pit installation and on-site troubleshooting was released by Warming Trends brand HPC in September 2021. Every step of installing and maintaining any HPC gas fire pit is visually demonstrated in the app for the installer or field technician. |
Date | January 2020 |
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Company | Crate & Barrel |
Details | Crate & Barrel opened a new concept shop in Pasadena, California in January 2020 where clients could receive assistance in designing a room from the ground up using 3D projections, mood boards, floor plans, and home décor suggestions that included fire pits. |
The market is valued at USD 7.24 billion in 2023.
Yaheetech. shop, KingSo, PALOFORM are key market players.
The market is forecast to register a CAGR of 6.5% through 2033.
The market will reach USD 13.59 billion by 2033.
In 2020 the market registered a CAGR of 3.4%.
The market is likely to record a growth of 6.5% until 2033.
From 2018 to 2022, the market registered at 3.4% CAGR.
Asia Pacific is expected to record a 7.6% CAGR until 2033.
B2C with a market share of 65% is expected to dominate in terms of sales.
Wood burning fire pits with a market share of 48.8% is leading the product type category.
1. Executive Summary | Fire Pits Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Wood Burning 5.2. Propane Fuelled 5.3. Charcoal Fuelled 5.4. Gas Fuelled 5.5. Others - Ethanol, Gel-Fuelled 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 6.1. Classic Fire Pit 6.2. Fire Table 6.3. Fire Pit Bowls 6.4. Tabletop Fire Pits 6.5. Chiminea 6.6. Others - Ring, Pagoda, Column 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use 7.1. Indoor 7.2. Outdoor 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 8.1. B2B 8.2. B2C 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. MEA 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Firepits UK 17.2. Galaxy Outdoor 17.3. Warming Trends Inc. 17.4. Crate and Barrel 17.5. Airxcel, Inc. 17.6. Fire Sense 17.7. Yaheetech 17.8. KingSo 17.9. Paloform 17.10. LANDMANN 18. Assumptions & Acronyms Used 19. Research Methodology
Industrial Automation
July 2023
REP-GB-1633
289 pages
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