NEW
YORK, June 21, 2024 /PRNewswire/ -- The
global barbeque grill market size is estimated to grow by
USD 1.47 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 4.6% during the forecast period. Rising trend of cookouts on
weekends and holidays is driving market growth, with a trend
towards need for indoor utility and convenience. However, less
volume of cooking and high cost of maintenance poses a challenge.
Key market players include Alister Equipments, Bharti
Refrigeration Works, Bull Outdoor Products Inc., Fire Magic,
FlareOn BBQ, GoSun, Grillicious BBQs, kingcmapoutdoors.com LLC,
Kosei Grill, KR Marketing Co.,
LANDMANN Germany GmbH, Newell Brands Inc., Onward Manufacturing
Company Ltd., Oven design, Saber Grills, Spectrum Brands Holdings
Inc., Sri Sai Baba Kitchen Equipment, Sub Zero Group Inc., The
Middleby Corp., Traeger Inc., and Weber Stephen Products HK
Ltd..
Get a detailed analysis on regions, market
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Barbeque Grill
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
4.6%
|
Market growth
2024-2028
|
USD 1473.9
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
4.18
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
42%
|
Key
countries
|
US, Germany, Canada,
UK, and China
|
Key companies
profiled
|
Alister Equipments,
Bharti Refrigeration Works, Bull Outdoor Products Inc., Fire Magic,
FlareOn BBQ, GoSun, Grillicious BBQs, kingcmapoutdoors.com LLC,
Kosei Grill, KR Marketing Co., LANDMANN Germany GmbH, Newell Brands
Inc., Onward Manufacturing Company Ltd., Oven design, Saber Grills,
Spectrum Brands Holdings Inc., Sri Sai Baba Kitchen Equipment, Sub
Zero Group Inc., The Middleby Corp., Traeger Inc., and Weber
Stephen Products HK Ltd.
|
Market Driver
The global barbeque grill market is experiencing growth due to
the rising preference for indoor gas-fueled grills in developing
economies like India and
China. These grills are
cost-effective and convenient for consumers without outdoor spaces.
In 2020, the lockdown and social distancing measures boosted the
demand for indoor grills. Vendors offer various options, including
WiFi-enabled grills and smokeless electric models, catering to
consumers' needs for convenience and advanced technology. The use
of infrared heat technology ensures minimal smoke production,
making indoor grills a popular choice.
The barbeque grill market is experiencing significant growth,
driven by consumer preferences for outdoor cooking and
entertaining. Grills with gas fuel have gained popularity due to
their convenience and ease of use. Charcoal grills, on the other
hand, continue to be favored for their traditional barbeque taste.
Barbecue grills with smart technology and Wi-Fi connectivity are
trending, allowing users to monitor and control cooking
temperatures remotely. Manufacturers are also focusing on producing
eco-friendly grills, using materials like stainless steel and
ceramic. The market for barbecue grills is expected to continue
growing, with innovations in fuel types, grill designs, and
technology driving demand.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The barbeque grill market faces challenges with the high cost
of maintenance for low-cost gas-fueled grills. These grills may not
adhere to safety standards, leading to faulty regulators,
disconnected gas hoses, and gas buildup. Vendors offer warranties,
including burner system coverage for up to five years and a limited
lifetime warranty for cast aluminum components. This reduces
maintenance costs through replacement of faulty parts. Despite
these efforts, small-sized grills have limitations in serving
capacity and surface area, making it difficult for vendors to
compete with cost-effective alternatives.
- The barbeque grill market faces several challenges. Consumers
seek durable and high-performance grills, requiring manufacturers
to use strong materials and advanced technology. Outdoor
conditions, such as extreme temperatures and weather, pose
challenges in maintaining grill functionality. Additionally,
increasing competition from other cooking appliances, like electric
or induction cooktops, puts pressure on pricing and innovation.
Furthermore, regulations on emissions and energy efficiency add
complexity to production processes. Lastly, consumer preferences
for various fuel types, such as charcoal, gas, or electric, require
catering to diverse markets. Addressing these challenges requires
continuous research and development, as well as strategic marketing
and pricing strategies.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
This barbeque grill market report extensively covers market
segmentation by
- End-user
- 1.1 Commercial
- 1.2 Residential
- Product
- 2.1 Gas
- 2.2 Charcoal
- 2.3 Electric
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Commercial- The commercial barbecue grill market is
thriving due to the global popularity of barbecue dishes. Once a
niche offering in restaurants, barbecue is now commonplace on menus
worldwide. Countries such as the US, Portugal, Brazil, the UK, Mexico, the
Philippines, and South
Korea have embraced barbecue culture, leading to an increase
in barbecue restaurant numbers. This trend is driving growth in the
commercial barbecue grill market.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Barbeque Grill Market caters to the increasing demand for
outdoor cooking and social gatherings among young consumers.
Quick-service restaurants and eateries have recognized this trend,
leading to an expansion of their offerings in the form of barbeque
restaurants. The market for barbeque grills encompasses a wide
range of products, from portable gas grills for household sectors
to heavy-duty grates for commercial use. Young consumers' lifestyle
preferences lean towards healthy cooking habits, and the barbeque
grill market responds with innovative solutions, such as low-smoke
and low-emission grills. Outdoor parties and events continue to
fuel the growth of the barbique grill market, with brisket, pork
shoulder, and pork ribs being popular choices for barbeque
enthusiasts. BBQ grill manufacturers are constantly innovating to
meet the evolving needs of consumers, ensuring that their products
remain relevant in the dynamic lifestyle and eating habits
landscape.
Market Research Overview
The Barbeque Grill Market encompasses a wide range of outdoor
cooking appliances designed for grilling, barbecuing, and smoking
various foods. These grills can be fueled by charcoal, gas,
electric, or wood. The market is driven by factors such as
increasing consumer preference for outdoor cooking, growing
urbanization, and rising disposable income. Additionally,
technological advancements in grill design and features, including
smart grills and Wi-Fi connectivity, are contributing to market
growth. The market also faces challenges such as intense
competition and fluctuating raw material prices. Overall, the
Barbeque Grill Market is expected to continue growing due to its
ability to provide a unique and enjoyable dining experience for
consumers.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Product
-
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio