The Outdoor Kitchen Appliances by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Outdoor Kitchen Appliances, The outdoor kitchen appliances market size has grown strongly in recent years. It will grow from $6.33 billion in 2023 to $6.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in popularity of home renovations, increase in participation in outdoor activities, rise in trend of cookouts, and rise in disposable incomes..
The outdoor kitchen appliances market size is expected to see strong growth in the next few years. It will grow to $8.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to the rising number of hotels and restaurants, growing popularity of outdoor living spaces, an increasing population, and rapid urbanization. Major trends in the forecast period include premium products, and strategic partnerships and collaborations.
Rising inclination towards outdoor parties and recreational activities is significantly contributing to the growth of the outdoor kitchen appliances market going forward. Outdoor parties and recreational activities are activities organized for entertainment that include social gatherings and family and friends gatherings. Outdoor kitchen appliances are helpful for cooking and are convenient for outdoor parties, as a result, the demand for outdoor kitchen appliances is increasing as more people are opting for outdoor recreational activities and outdoor parties in recent years. For instance, in January 2022, according to the Outdoor Industry Association report, a US-based membership-driven trade organization for the outdoor industry, the number of people attending outdoor parties increased by 2.2% in 2021 with 164.2 million participants, a 6.9% increase since March 2020. Therefore, a rising inclination towards outdoor parties and recreational activities drives the outdoor kitchen appliances market.
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The outdoor kitchen appliances market covered in this report is segmented –
1) By Product: Cooking Fixtures, Islands And Storage Units, Refrigeration Units, Rangehoods, Sinks And Faucets, Other Products
2) By Distribution: Offline, Online
3) By Application: Residential, Commercial
Product innovations have emerged as a key trend gaining popularity in the outdoor kitchen appliances market. Major companies operating in the cooking and kitchen appliances manufacturing sector are focused on developing new innovative products to strengthen their position in the market. For instance, in May 2021, RTA Outdoor Living, a US-based kitchen appliance manufacturer, introduced an innovative new modular outdoor kitchen system (MOKS) that allows customers to select designs and place ready-assembled outdoor kitchens. The key feature includes its patent-pending interlocking channels that allow for intuitive and quick assembly with no need for a contractor also includes cabinet panels and countertops that are light enough to be easily hand-carried.
The outdoor kitchen appliances market report table of contents includes:
1. Executive Summary
2.Outdoor Kitchen Appliances Market Characteristics
3. Outdoor Kitchen Appliances Market Trends And Strategies
4. Outdoor Kitchen Appliances Market analysis
5.Outdoor Kitchen Appliances Market Size And Growth
6.Outdoor Kitchen Appliances Segmentation
7. Outdoor Kitchen Appliances Regional And Country Analysis
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27.Outdoor Kitchen Appliances Competitive Landscape And Company Profiles
28.Outdoor Kitchen Appliances Key Mergers And Acquisitions
29.Outdoor Kitchen Appliances Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Weber Inc.
- R.H. Peterson Co
- Traeger, Inc.
- Napoleon
- The Middleby Corporation,
- NexGrill Industries
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