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Outdoor Kitchen Appliances Market to surpass $10 Bn by 2030
- Published Date: August 4, 2022
Outdoor Kitchen Appliances Market is anticipated to exceed USD 10 billion by 2030, according to the latest research study by Global Market Insights Inc.
The increasing focus for ensuring food safety & hygiene and the growing number of restaurants is influencing the installation of kitchen equipment like hood systems. A significant rise in the demand for recreational activities during and after the COVID-19 pandemic restrictions will boost the outdoor kitchen appliances industry forecast. Increased urbanization trends and improving lifestyle among people is driving the adoption of outdoor cooking equipment in South Africa. The sale of kitchen appliances will grow in Durban, Johannesburg and Cape Town, among many other cities across the region.
The report states that the offline sales channel segment captured over 80% of the global revenue share in 2021. This type of sales channel comprises retail stores, shopping malls, and franchise shops that offer a wide variety of outdoor kitchen products. Offline channels enable users to inspect the products physically, know their detailed information, and get instant product delivery. These features increase the reliability and transparency between shop owners and customers.
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With respect to the product type, the industry is segmented into range hood, grills, refrigerators, faucets, sinks, and others. The refrigerator market held more than 20% share of the outdoor kitchen appliances industry in 2021. Outdoor kitchen refrigerators provide a safe storage for beverages and other perishable food items. These devices are available in either free-standing or under-counter variants to suit different kitchen setups, enabling customers to buy the product that suits their requirements.
Browse key industry insights spread across 452 pages with 617 market data tables and 33 figures & charts from the report “Outdoor Kitchen Appliances Market Size By Sales Channel (Offline, Online), By Type (Grills, Range Hood, Refrigerators, Sinks, Faucets), COVID-19 Impact Analysis, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents
https://www.gminsights.com/industry-analysis/outdoor-kitchen-appliances-market
As per the study, Asia Pacific outdoor kitchen appliances sector valued at over USD 1 billion in 2021. Outdoor kitchens are gaining popularity among homeowners as they add elegance to modern homes and improve aesthetics. The rising disposal incomes will also garner the demand for outdoor camping and other recreational activities that require cooking and food storage appliances, strengthen industry outlook in the region.
According to the Caravan Industry Association of Australia (CIAA), the camping and caravan sector recovered well during 2021 as compared to the previous year. This trend will bolster the use of outdoor cooking equipment and facilities in the region. As travel restrictions ease up post the coronavirus pandemic, the outdoor kitchen appliances market to witness an upsurge from the hospitality sector.
Weber-Stephen Products LLC, The Middleby Corporation, Napoleon, The Coleman Company Inc, NexGrill Industries, Inc., Weber-Stephen Products LLC, and The Middleby Corporation LLC, Traeger Pellet Grills, LLC, and Char-Broil LLC are some of the prominent companies in the market. These organizations are launching new and improved versions of their products to expand their portfolio and customer pool.
For example, in December 2021, Char-Broil, LLC. launched Char-Broil Cruise Gas Grill, its new product line for 2022. It features an auto clean mode and a real-time status indicator, an amplifier cooking system. This will provide the company robust opportunities to expand its offerings in the grill market. Similarly, in February 2022, Kalamazoo Outdoor Gourmet, LLC launched new high-quality cooking collection sets and introduced gas grill artisan series & hybrid fire grills. The model features two-inch built-in grill, and the product portfolio will meet the built-in & freestanding needs of the clients.