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The market is fragmented, with prominent players, such as Weber, George Foreman, Char-Broil, Cuisinart, Hamilton Beach, Philips holding a market share of 10-12%. These companies dominate the market due to their extensive research and development capabilities, and strong global distribution networks within the industry.
Major players operating in the electric grill industry include:
The portable electric grill segment generated a revenue exceeding USD 2.2 billion in 2023 and is expected to reach USD 3.5 billion by 2032, as outdoor and recreational activities like camping and tailgating gain popularity.
The electric grill market was valued at USD 4 billion in 2023 and is anticipated to register 5.2% CAGR between 2024 & 2032, driven by the rising demand for convenient and efficient cooking solutions.
Europe electric grill market generated a substantial revenue of USD 1.2 billion in 2023 and is expected to reach USD 1.8 billion by 2032, driven by rising preference for convenience and innovative cooking solutions.
Char-Broil, Cuisinart, Delonghi, George Foreman, Gotham Steel, Hamilton Beach, Kenmore among others.