Portable Stove Market Size, Share, Growth, And Industry Analysis, By Type (Single-burner Stove and Multi-burner Stove), By Application (Home Appliance, Outdoor Appliance and Others), and Regional Forecast From 2022 to 2028

Updated On: 08 April 2024

Portable Stove Market Report Overview

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The global portable stove market size 850.4 million in 2021. As per our research, the market is expected to generate substantial revenue by 2028, exhibiting a 9.6% CAGR during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the portable stove market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels once the pandemic is over.

Small, portable stoves are made to be used outdoors or in places where a conventional cooking burner is not practical or available. They are lightweight, compact and small. However, they can also be used in emergencies, during power outages, or for outdoor cooking at picnics or tailgates. They are frequently used for camping, trekking, and outdoor sports. Due to their portability, simplicity of setup, and ability to quickly and effectively cook food and heat water, these stoves are a favorite among outdoor enthusiasts. Due to their reduced smoke and ash production and ability to be used in locations where campfires are not permitted, they are frequently more environmentally benign than conventional campfires.

Several reasons contribute to the expansion of the portable stove industry. The need for stoves that are portable is being driven, first and foremost, by the rise in popularity of outdoor pursuits including camping, hiking, and fishing. Second, the expansion of the market is also being aided by the increase in the amount of individuals living in small apartments or without access to conventional stoves. These stoves are a desirable option for outdoor cooking and disaster preparedness due to their versatility, efficiency, and portability.

COVID-19 Impact: Growing Awareness about Emergency Situations Gave Rise to the Demand for the Stoves

People spent more time outdoors for recreation and cooking as a result of travel restrictions and social distance rules brought on by the pandemic, which had increased demand for portable stoves. The epidemic had brought attention to the importance of being prepared for emergencies, which increased demand for stoves that are mobile as a necessary item for camping, power outages, and other emergency scenarios. The appeal of outdoor cooking had grown as people spent more time at home, which increased demand for portable burners.

Latest Trends

"Growing Use of Induction Technology Since It Is More Energy-Efficient and Secure Than Conventional Burners"

The growing use of induction technology in stoves that are portable is one of the most recent advances in the market for portable stoves. Instead of relying on an open flame, induction stoves use electromagnetic fields to directly heat pots and pans. This technology is preferred by customers that value performance and sustainability since it is more energy-efficient, secure, and accurate than conventional burners. Overall, these new improvements show how the portable cooker market is always evolving and innovating as producers work to satisfy consumers' shifting needs and tastes.

Portable Stove Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into single-burner stove and multi-burner stove. Single-burner stove is expected to be the top part of type segmentation.  

• By Application Analysis

Based on application, the market can be divided into home appliance, outdoor appliance and others. Home appliance is expected to be the top part of application segmentation.

Driving Factors

"Rising Popularity of Outdoor Activities is Driving the Demand for the Stoves "

The market for portable stoves is primarily driven by the rise in popularity of outdoor pursuits including camping, hiking, and picnicking. Customers want lightweight, portable burners that are small and convenient to carry that can be used to prepare food outside. Portable burners are a crucial part of this since more people are participating in outdoor activities, which is driving up demand for products that may improve the outdoor experience.

"Growing Awareness about Environmental Sustainability is Leading to Users Being Increasingly Drawn to Portable Burners"

The increased awareness about environmental sustainability is another key element pushing the portable cooker industry. Customers are looking for eco-friendly items that are powered by renewable energy sources such as biomass, wood, or solar energy. Consumers who care about the environment are increasingly drawn to portable stoves that are made of eco-friendly materials and have minimal carbon footprints. As more people become aware of how traditional cooking techniques affect the environment, this tendency is likely to continue.

Restraining Factors

"Significant Barrier to the Market for Stoves is the Accessibility and Availability of Fuel Supplies"

The availability and accessibility of fuel supplies, particularly in isolated or wild locations where the stoves are frequently used, is one of the major challenges limiting the portable stove market growth. Certain fuels, such propane or butane gas canisters, are needed by a lot of stoves that are portable but may not always be accessible. For those who enjoy cooking outside and rely on mobile stoves, this might provide a big difficulty. In addition, some customers could be hesitant to spend money on stoves that are mobile out of worries about reliability or safety, particularly if they've had a bad experience with mobile stoves in the past.

Portable Stove Market Regional Insights

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"Growth in Outdoor Activities is Anticipated to Fuel the Market Development in the Asia Pacific"

In the upcoming years, the Asia Pacific region is anticipated to lead the portable stove market share. Outdoor activities such as camping, hiking, and picnics are becoming more popular in the area as a result of the tremendous economic expansion and urbanization taking place there. A sizable portion of the area's population is also interested in adventure sports and outdoor leisure. The development of e-commerce platforms in nations such as China and India is also anticipated to increase demand for stoves that are portable since they give customers access to a wider variety of goods at affordable costs. Additionally, the Asia Pacific region is home to a number of significant producers of mobile stoves, which are anticipated to stimulate market innovation and new product development. 

Key Industry Players

"Key Players Focus on Marketing and Advertising to Grow and Expand their Market Share"

Manufacturers of portable stoves are spending money on marketing and advertising efforts using a variety of channels, including social media, print media, and outdoor events, to promote their brands and sell more of their goods. These advertisements frequently highlight the characteristics, advantages, and competitive advantages of the items. Manufacturers also employ aggressive pricing tactics to draw clients and expand their market share. To minimize expenses and give lower prices, this involves giving discounts, bundling products, and utilizing economies of scale.

List of Market Players Profiled

• Coleman (U.S.)
• Primus (India)
• Iwatani (Japan)
• Maxsum (Australia)
• Camp Chef (U.S.)
• Jinyu (China)
• Suntouch (U.S.)
• Jetboil (U.S.)
• MalloMe (U.S.)
• Masterbuilt (U.S.)
• Stansport (U.S.)

Report Coverage

This report covers the portable stove market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2028. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.