Barbecues And Grills Market
The Barbecues And Grills 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 Barbecues And Grills, The barbecues and grills market size has grown rapidly in recent years. It will grow from $25.42 billion in 2023 to $29.61 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rising participation by consumers in outdoor activities, growing consumer preference for grilled food and rising trend of cookouts.
The barbecues and grills market size is expected to see rapid growth in the next few years. It will grow to $49.97 billion in 2028 at a compound annual growth rate (CAGR) of 14.0%. The growth in the forecast period can be attributed to rising government support, an increase in cooking activities and an increasing preference for barbecues among consumers. Major trends in the forecast period include focus on innovative electric grills, technology advancement, focus on new evolution in outdoor grilling, focus on product launches and focus on internet-enabled grills.
The rising popularity of outdoor parties, camping, and caravanning is driving the growth of the barbeques and grills market. As the number of people opting for outdoor recreational activities is increasing, the demand for barbeques and grills is rising. Campers and holidaymakers prefer cooking food on barbeque grills over stoves. According to the survey commissioned by the Hearth, Patio & Barbecue Association (HPBA), 24% of the respondents preferred grilling on a camping trip and 21% at a vacation home party.
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The barbecues and grills market covered in this report is segmented –
1) By Product: Built-In Grills, Freestanding Grills, Portable Grills
2) By Fuel Type: Gas, Charcoal, Electric
3) By Application: Household, Commercial
Manufacturers of barbeques and grills are focusing on adding new technological features to cater to the changing needs of the customers. Some of these features include touch screen controls, automatic fuel measurement, automatic heat controls, and voice recognition. For instance, in April 2022, Napoleon, a Canada-based company operating in barbeques and grills, introduced Napoleon Rogue EQ™ Connected Electric Grill Series, full-size electric grill with IoT technology. The Rogue EQ Connected Electric Grill offers to manage every aspect of the grill with IoT controls through an app on smartphones such as temperatures and grill controls with precision on a 7- inch LCD screen. Additionally, unique feature of grills allow it to heat up as quickly as most similar-sized gas grills and can reach a maximum temperature that meets traditional gas grills.
The barbecues and grills market report table of contents includes:
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