Global patio heaters market expected to grow at a CAGR of 7.34% during the period 2018-2022.
One trend in the market is technological advancements. The lifespan of low-quality patio heaters is less than that of superior-quality patio heaters. Inferior-quality patio heaters are not aesthetically appealing. Nor are they appealing in terms of functionality. Of late, customers in the market are opting for technologically advanced and high-quality patio heaters. Such patio heaters are highly efficient.
According to the report, one driver in the market is innovation and portfolio extensions leading to product premiumization. Product premiumization positively influences the growth of the global patio heaters market. Product innovation strategies and portfolio extensions are significant drivers of product premiumization. In the global patio heaters market, patio heaters with innovative features and functionality are highly priced as compared to other types of heaters.
Further, the report states that one challenge in the market is adverse environmental impacts. The rising popularity of patio heaters has contributed to several adverse environmental impacts. One such impact is global warming. The use of patio heaters contributes to the emission of carbon-di-oxide. The increasing use of patio heaters in outdoor spaces contributes to increased carbon-dioxide emissions.
- Bond Manufacturing
- Bromic Group
- Infrared Dynamics
- Symo NV
- Wolf Steel
Key Topics Covered
Part 1: Executive Summary
Part 2: Scope of the Report
Part 3: Research Methodology
Part 4: Market Landscape
Part 5: Market Sizing
Part 6: Five Forces Analysis
Part 7: Market Segmentation by Product
Part 8: Market Segmentation by Product Design
Part 9: Market Segmentation by Distribution Channel
Part 10: Customer Landscape
Part 11: Market Segmentation by End-User
Part 12: Regional Landscape
Part 13: Decision Framework
Part 14: Drivers and Challenges
Part 15: Market Trends
Part 16: Vendor Landscape
Part 17: Vendor Analysis
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