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Global Portable Gas Stove Market Revenue Projected Around USD 1,560 Million By 2026

21-Feb-2020 | Facts and Factors

Facts and Factors have authored “Portable Gas Stove Market By Type (Single-burner Stove and Multi-burner Stove)and By Application (Home Appliance and Outdoor Appliance): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global Portable Gas Stove Market in 2019 is approximately USD 800 and is anticipated to reach around USD 1,560 Million by 2026. The anticipated CAGR for the Portable Gas Stove market is around 10% from 2020 to 2026.

A portable gas stove is a lightweight cooking stove specially designed for picnicking, camping, and backpacking in remote locations where it is necessary to carry a portable cooking device. Portable gas stoves can be used in diverse applications, such as for outdoor foodservice and indoor purposes. The portable gas stove offers outstanding functionality and portability. The lightweight of a small gas canister combines the heat output required to cook meals. The rising demand for outdoor activities such as camping, trekking, and others, the application of portable gas stoves is increasing rapidly across the globe.

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Browse the full “Portable Gas Stove Market By Type (Single-burner Stove and Multi-burner Stove)and By Application (Home Appliance and Outdoor Appliance): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026" report at https://www.fnfresearch.com/portable-gas-stove-market-by-type-single-burner

With the growing population across the globe, the demand for outdoor recreation activities such as camping and trekking has increased rapidly. Moreover, the growing disposable income of individuals across the globe has improved the purchasing power. Therefore, these factors are projected to boost the global portable gas stove market. However, high fluctuation in the cost of raw material used to manufacture a portable gas stove may impact on the prices of the portable gas stove. Nevertheless, technological innovation in the portable gas stove is expected to offer lucrative opportunities to the market in the upcoming years.

Due to the compact and light-weighted design of single-burner stove makes it storage and travel easy. Therefore, this type of stove is widely used for camping and trekking purposes. In 2019, a single-burner stove accounted for more than 60% of the share. Moreover, high demand for events and parties is likely to propel the adoption of the multi-burner stove in the upcoming years. Based on the application, the outdoor appliance category dominated the market and is anticipated to grow at the fastest pace during the forecast period. The increasing popularity of outdoor picnicking, camping, backpacking, and trekking is further likely to enhance the usage of the outdoor appliance. Additionally, the growing outdoor campaign and adventure tourism industry in North America and Europe are also projected to increase the demand for outdoor appliance, thereby, boosting the global portable gas stove market.

Geographically, in 2019, the Asia Pacific dominated the global portable gas stove market. The rising adoption of innovative camping portable gas stoves is projected to drive the regional market. The booming demand for camping, outdoor picnic, and trekking activities in North America is estimated to propel the global portable gas stove market. The U.S. has already been witnessing robust development in a trend of ‘camping’ when on family holidays/vacations. Furthermore, the Europe portable gas stove market is expected to grow significantly owing to increasing expenditure on the outdoor activities.

The key players operating in the global portable gas stove market are Camp Chef, Coleman, Iwatani, Zhejiang YongkangJinyu Co. Ltd., Masterbuilt Manufacturing LLC, Maxsun Dalian Portable Stoves Plant, Sun Touch Co. Ltd., Stansport, Jetboil, Primus, and MalloMe among others.

The taxonomy of the Portable Gas Stove Market by its scope and segmentation is as follows:

Global Portable Gas Stove Market: By Type Segment Analysis

  • Single-burner Stove
  • Multi-burner Stove

Global Portable Gas Stove Market: By Application Segment Analysis

  • Home Appliance
  • Outdoor Appliance

Global Portable Gas Stove Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle-East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

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