Global Outdoor Heating Market to Reach US$ 2.2 Billion by 2032, Impelled by Escalating Demand for Smart Heating Solutions

December 28, 2023 | Retail

According to the latest report by IMARC Group, titled “Outdoor Heating Market Report by Product Type (Freestanding, Tabletop, Wall Mounted and Hanging), Fuel Type (Electric, Gas/Propane, and Others), Distribution Channel (Direct Sale, Indirect Sale), Application (Catering and Hospitality, Commercial and Industrial Space Heating, Residential Outdoors, Indoor Agriculture/Livestock Brooder), and Region 2024-2032,” the global outdoor heating market size reached US$ 1.4 Billion in 2023. Outdoor heating refers to systems and solutions manufactured to provide warmth in outdoor environments, often enhancing comfort in cooler climates or during colder months. It employs a variety of materials, including stainless steel, aluminum, and ceramics, to construct durable and efficient heating units. It is available in various forms, such as patio heaters, fire pits, and infrared heaters, each offering distinct heating methods and capacities. It can contribute to the ambiance of a space, making it more inviting and comfortable. It is designed to be visually appealing, blending with or enhancing the outdoor decor. It provides numerous benefits, such as enhancing comfort, increasing the value of properties, and enabling year-round outdoor activities.

Global Outdoor Heating Market Trends:

At present, the rising utilization of outdoor heating in the hospitality sector, including hotels, cafes, and restaurants, to create comfortable dining and leisure spaces represents one of the key factors impelling the growth of the market. Additionally, the growing innovations in materials that offer better heat retention and durability are enhancing the quality and efficiency of outdoor heaters, making them more appealing to users. Besides this, increasing preferences for customizable and smart heating solutions with features like remote control access, programmable settings, and integration with home automation systems are supporting the market growth. Moreover, the rising number of online retail platforms is making it easier for buyers to explore and purchase outdoor heating solutions online. In addition, the growing popularity of outdoor social and cultural events, including festivals, weddings, and community gatherings, is driving the demand for temporary and permanent outdoor heating solutions to ensure guest comfort. Looking forward, the market value is projected to reach US$ 2.2 Billion by 2032, expanding at a CAGR of 5.04% during 2024-2032.

Market Summary:

Based on the product type, the market has been segmented into freestanding, tabletop, and wall mounted and hanging.
On the basis of the fuel type, the market has been divided into electric, gas/propane, and others. Gas/propane holds the largest market share.
Based on the distribution channel, the market has been bifurcated into direct sale and indirect sale.
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.
Region-wise, the market has been segmented into North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
The competitive landscape of the market has also been examined, with some of the key players being 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, and Tansun Limited.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Product Type Fuel Type Distribution Channel Application Region
Product Types Covered	Freestanding, Tabletop, Wall Mounted and Hanging
Fuel Types Covered	Electric, Gas/Propane, Others
Distribution Channels Covered	Direct Sale, Indirect Sale
Applications Covered	Catering and Hospitality, Commercial and Industrial Space Heating, Residential Outdoors, Indoor Agriculture/Livestock Brooder
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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, etc.
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Global Outdoor Heating Market to Reach US$ 2.2 Billion by 2032, Impelled by Escalating Demand for Smart Heating Solutions

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