Gas Fire Table: Introduction
- A gas fire pit table is a propane or natural gas fueled fire table that acts as a focal point in backyards or patios.
Key Drivers of the Global Gas Fire Table Market
- Rising consumer expenditure on creating a pleasant outdoor ambiance in both developed and developing countries is expected to boost the sale of gas fire tables at the global level. Over the past few years, gas fire tables have emerged as a popular trend to decorate outdoor home space. Several interior designers prefer to install gas fire tables.
- As per the landscape architects survey conducted by the American Society of Landscape Architects, gas fire tables are one of the fastest growing trends in the home decor industry.
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- In terms of product type, the propane-based gas fire table segment accounted for major market share in 2019 and is expected to maintain its dominance in the coming years. New house owners prefer to install propane gas tables, as it is considered an easy and safe option. This is expected to work as a driving factor for the overall gas fire table market in the near future.
- Sales of gas fire tables have decreased in 2020 a result of Covid-19. However, the market is expected to recover in 2021.
Rising Demand from Online Sales Channels to Create New Market Opportunities
- Easy purchase option through online distribution channels is expected to create new opportunities in the overall gas fire table market in the coming years. E-commerce giants are offering huge discounts and free installation services, which is likely to drive the market.
High Product Price to Restrict Market Growth
- The average price of a gas fire table is on the higher side. Consumers with lower budgets cannot afford this product. This factor is expected to restrict the market growth.
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North America the Dominant Market for Gas Fire Tables
- North America and Europe accounted for significant share of the gas fire table market since key players operate their global businesses from these regions. Technological advancement in the gas fire table industry will further work as a key market driver in the coming years. The U.S. accounted for largest share in the gas fire table market in North America followed by Canada.
Key Players Operating in the Global Gas Fire Table Market
The global gas fire table market is fragmented in nature. Companies are working on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the key players operating in the global gas fire table market are listed below:
- Buck Stove
- Designing Fire
- Firepits UK
- Galaxy Outdoor
- Hearth Products Controls (HPC)
- Pleasant Hearth
- Warming Trends
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