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Barbeque Grills Market Analysis

  • Report ID: GMI6546
  • Published Date: Nov 2024
  • Report Format: PDF

Barbeque Grills Market Analysis

Seasonal demand challenges the barbeque grills industry, causing fluctuating sales. Warmer months boost sales due to outdoor activities, while colder seasons see a decline. This volatility complicates inventory management for retailers and disrupts production schedules and supply chains for manufacturers, impacting cash flow and profitability. Companies must adopt strategic measures to maintain operational efficiency year-round.

 

Based on product type, the gas  segment was worth approximately USD 3.01 billion in 2023, with a projected CAGR of 4.3% during 2024 to 2032. Gas grills lead due to their convenience, quick ignition, consistent heat, precise temperature control, and low maintenance. They also produce fewer emissions, making them environmentally friendly. The rising popularity of outdoor cooking further solidifies gas grills as the market's top choice.
 

Global Barbeque Grill Market Revenue Share, By Application, (2023)

Based on application, the commercial application is holding a major revenue share of 63% in 2023 and is anticipated to grow at a CAGR of 4.5% through 2032, because of restaurants, food trucks, and catering services need outdoor cooking solutions. Commercial grills are durable, versatile, and essential for fast cooking in food service. They meet strict health and safety standards and offer customization options, increasing their popularity.
 

 North America Barbeque Grills Market Size, 2021 – 2032 (USD Billion)

North America barbeque grills market size surpassed USD 2 billion in 2023 and is predicted to witness about 4.2% CAGR during 2024 to 2032, due to its strong culture of outdoor cooking and barbecuing. Manufacturers in the region offer gas, charcoal, and electric grills to meet diverse consumer needs. Rising disposable incomes, home renovations, and investments in outdoor living spaces have boosted the market. North America's leading role is strengthened by top manufacturers and ongoing grill technology innovations, driving industry growth.
 

Country Level Analysis

North America: The U.S. dominates the North American residential cooking grill market, driven by continuous innovations in grilling technology and higher disposable incomes that enable investment in premium products.
 

Europe: In 2023, Europe reported revenues of approximately USD 1.35 billion, with projections indicating a CAGR of 4% during the forecast period. A rising fascination with cooking and grilling, shaped by diverse culinary traditions throughout Europe, is driving this trend. As a result, consumers are increasingly venturing into new grilling techniques and recipes.
 

Asia Pacific: In 2023, the Asia Pacific region held a 24% market share and is expected to grow at a CAGR of 4.7% during the forecast period. The rising middle class and disposable incomes have boosted investments in cooking appliances, with grilling becoming popular. China's manufacturing base supports this demand by producing affordable grills, creating a dynamic market for barbeque grills.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for barbeque grills was reached USD 5.52 billion in 2023 and is estimated to grow at a 4.2% CAGR from 2024 to 2032, driven by the increasing popularity of outdoor cooking and outdoor living spaces.

The gas segment in the barbeque grills market was valued at approximately USD 3.01 billion in 2023 and is projected to grow at a 4.3% CAGR from 2024 to 2032, owing to their convenience and low maintenance.

The North America barbeque grills market size surpassed USD 2 billion in 2023 and is expected to grow at a 4.2% CAGR from 2024 to 2032, led by a strong culture of outdoor cooking and rising disposable incomes.

The barbeque grill industry features key players such as Brinkmann, Broil King, Char-Broil, Char-Cook, Coleman, Dyna-Glo, Fire Magic, Green Mountain Grills, Landmann, Master Built, Napoleon Grills, Nexgrill, Pit Boss, Saber Grills, and Weber Stephen Products.

Barbeque Grills Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 150
  • Countries covered: 18
  • Pages: 250
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