Asia Pacific Gas Fire Table Market Size & Outlook
Asia Pacific gas fire table market, 2016-2027 (US$M)
Related Markets
Asia Pacific gas fire table market highlights
- The Asia Pacific gas fire table market generated a revenue of USD 8.3 million in 2019.
- The market is expected to grow at a CAGR of 9.1% from 2020 to 2027.
- In terms of segment, propane was the largest revenue generating product in 2019.
- Natural Gas is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 8.3 million |
| Market revenue in 2027 | USD 16.6 million |
| Growth rate | 9.1% (CAGR from 2019 to 2027) |
| Largest segment | Propane |
| Fastest growing segment | Natural Gas |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Propane, Natural Gas |
| Key market players worldwide | Galaxy Digital Holdings Ltd, Warming Trends, HPC Fire Inspired, Buck Stove, Uniflame, Landmann |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 14.1% of the global gas fire table market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- North America is the fastest growing regional market and is projected to reach USD 43.0 million by 2027.
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Gas Fire Table Market Scope
Gas Fire Table Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific gas fire table market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gas fire table market will help companies and investors design strategic landscapes.
Propane was the largest segment with a revenue share of 81.93% in 2019. Horizon Databook has segmented the Asia Pacific gas fire table market based on propane, natural gas covering the revenue growth of each sub-segment from 2016 to 2027.
Asia Pacific is one of the most lucrative markets for gas fire tables owing to the growing awareness about the product, stringent laws regarding air pollution, and the availability of new & more effective products in countries such as India, China, South Korea, and the Philippines.
Key manufacturers are developing products in accordance with customer requirements, such as cheaper and smaller gas fire tables. It is the second fastest-growing market owing to the increasing economic stability of the middleclass population and the rising standard of living in developing economies such as India, China, and Indonesia.
There has been a decline in the overall Asia Pacific gas fire table market due to the COVID-19 pandemic. Supply chain disruptions have affected the production and distribution processes. Pay reductions for factory workers have also been implemented.
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Our clientele includes a mix of gas fire table market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific gas fire table market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific gas fire table market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific gas fire table market size, by country, 2016-2027 (US$M)
Asia Pacific Gas Fire Table Market Share, 2019 & 2027 (US$M)
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