Outdoor Heating Market Share, Size, Industry Overview, Opportunity and Forecast 2024-2032
IMARC Group, a leading market research company, has recently releases report titled “Outdoor Heating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global outdoor heating market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the outdoor heating market?
The global outdoor heating market size reached US$ 1.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.04% during 2024-2032.
Factors Affecting the Growth of the Outdoor Heating Industry:
Increasing trend toward creating comfortable and functional outdoor living areas:
As homeowners seek to extend their living spaces beyond the interior confines of their homes, the demand for outdoor heating solutions has surged. In line with this, the desire for year-round outdoor entertainment and living, regardless of the climate, is creating a positive outlook for market expansion. Outdoor heaters, including fire pits, patio heaters, and built-in fireplaces, allow homeowners and commercial establishments like restaurants and bars to provide warmth and comfort to outdoor areas, making them usable even in cooler temperatures. Consequently, the increasing desire to enhance outdoor living spaces for relaxation, entertainment, and dining has led to increased investment in home improvement, and outdoor space optimization, supporting the market expansion.
Ongoing technological advancements:
Modern outdoor heaters offer a blend of efficiency, sustainability, and aesthetic appeal, meeting the consumers’ growing demand for products that perform well and complement the outdoor decor. In confluence with this, ongoing innovations have led to the development of eco-friendly heating solutions, such as electric and infrared heaters, which provide efficient heating without the emissions associated with traditional wood or gas heaters, thereby strengthening the market growth. Moreover, the integration of smart technologies allowing for remote control and automation of outdoor heating systems, thereby enhancing user convenience and energy efficiency is propelling the market growth.
Rise in hospitality and leisure activities:
Hotels, restaurants, cafes (HoReCa), and resorts are increasingly incorporating outdoor heating into their spaces to create warm, inviting environments that attract more customers, which is contributing to the market expansion. The ability to offer comfortable outdoor seating has become a competitive advantage in colder climates, as it extends the outdoor dining season and increases seating capacity. Besides this, the growing consumer preference for al-fresco dining and outdoor socializing, which has been accentuated by health and safety considerations, is providing an impetus to the market growth.
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Outdoor Heating Market Report Segmentation:
Breakup By Product Type:
Freestanding
Tabletop
Wall Mounted and Hanging
On the basis of product type, the market is segmented into freestanding, tabletop, wall-mounted, and hanging.
Breakup By Fuel Type:
Electric
Gas/Propane
Others
Gas/propane represents the largest segment due to its widespread availability, ease of use, and quick heating capabilities, making it a preferred choice for consumers seeking efficient and reliable outdoor heating solutions.
Breakup By Distribution Channel:
Direct Sale
Indirect Sale
Based on the distribution channel, the market is divided into direct sales and indirect sales.
Breakup By Application:
Catering and Hospitality
Commercial and Industrial Space Heating
Residential Outdoors
Indoor Agriculture/Livestock Brooder
On the basis of application, the market has been classified into catering and hospitality, commercial and industrial space heating, residential outdoors, and indoor agriculture/livestock brooder.
Breakup By Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America emerged as the leading market, driven by the region’s strong culture of outdoor living, significant seasonal variations that necessitate heating solutions for year-round outdoor activities, and higher disposable incomes, allowing for investment in outdoor comfort and luxury.
Global Outdoor Heating Market Trends:
The increasing popularity of eco-tourism and glamping, where sophisticated heating solutions enhance comfort without compromising the natural experience, is impelling the market growth. Additionally, the rise in compact and portable outdoor heaters that appeal to consumers seeking convenient, versatile heating options for various outdoor activities is bolstering the market expansion. Furthermore, the rising trend in staycations, where homeowners invest in making their outdoor spaces more luxurious and year-round usable, is aiding the market growth. Apart from this, the increased emphasis on health and wellness, with outdoor spaces being seen as extensions of living areas for relaxation and socializing, is providing an impetus to the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
AZ Patio Heaters LLC
Balkene Home
Bromic Group
Inforesight Consumer Products Inc.
Lava Heat Italia
Lynx Grills Inc. (Middleby Corporation)
Napoleon
Patio Comfort (AEI Corporation)
Schwank GmbH
Sunheat International
Tansun Limited
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