Published Date: 5-Nov-2020
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According to a new report Global Gas Fire Table Market, published by KBV research, The Global Gas Fire Table Market size is expected to reach $109.3 Million by 2026, rising at a market growth of 14% CAGR during the forecast period.
Propane based gas fire table held the biggest market share in terms of revenue in 2019. This is credited to the viable features of a propane-based gas-controlled pit with the assistance of a pre-joined hose and a turn on and off element so that there is no need to wait for the fire to burn down or find water to drench it out when it isn't being used. Natural gas is anticipated to enroll in the highest CAGR from 2020 to 2026. Natural gas is generally provided to metropolitan and rural region homes that can be tapped into for the installation of permanent nature.
The offline channel of distribution drove the market in 2019. The huge popularity of retail store channels as it encourages the customers to have a direct look at the items, which assists in the simple assessment of the quality and particulars, is boosting the development of the segment. The online distribution channel is anticipated to observe the highest development during the forecast period with a major CAGR from 2020 to 2026.
Europe market held major revenue share in 2019. The item demand in this region is significantly credited to expanding spending on propane redesigns and repairs by the customers, which is advancing demand for very good quality items. North America is anticipated to observe the fastest development during the forecast period with a significant CAGR from 2020 to 2026. This is significantly determined by expanding consumer inclination for fire pits to broaden the outdoor season among the Americans.
Structural Insights: https://www.kbvresearch.com/gas-fire-table-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Firepits UK, Designing Fire, Inc., Warming Trends, LLC, Hearth Products Controls Co., Galaxy Outdoor, LLC, Buck Stove, Inc., Landmann USA, Inc. (Gebruder Thiele Group), Mr. Bar-B-Q Products, LLC (Uniflame), GHP Group, Inc. (Pleasant Hearth), and Woodbridge Fireplace, Inc.
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