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Barbecue Grills Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast

Barbecue Grills Market

By Shreya MehtaPublished 5 years ago 3 min read
Global Barbecue Grills Market

According to a recent market study published by Growth Market Reports titled, the Global Barbecue Grills Market was valued at USD 4,923.0 Million in 2019 and is projected to reach USD 7,114.7 Million by 2027, expanding at a CAGR of 4.9% during the forecast period. In terms of volume, the market is projected to expand at 4.0% during the forecast period. A barbecue grill cooks food by adding heat from underneath it.

Market players are anticipated to develop ultra-convenient products with highly advanced, feature-rich electrical products. Barbecuing is a method of cooking meat, fish, and other foods on an open fire or special cooking appliances such as a barbecue grill. Various types of barbecue grills available in the market include gas grills, charcoal grills, electric grills, portable grills, and combination grills (combination of gas and charcoal grills).

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Market Dynamics:

Increasing number of barbecue grill restaurants to provide a barbecue experience to the customers is boosting market growth. Increasing enthusiasm for outdoor activities is boosting the demand for household and portable barbecue grills. Availability of a large variety of grills is estimated to drive market growth. The availability of barbeque grill substitutes or alternatives is likely to hampers the growth of the market. Tedious cleaning procedures is expected to hamper market growth. Increasing worldwide popularity of barbecue grills is projected to create opportunities in the market.

Electric barbeque grills are highly versatile and enable indoor and outdoor cooking. This is expected to increase the demand for these grills in the next few years. Integration of various cooking styles such as pit style cooking propels the growth of the global barbecue grill market.

Competitive Landscape:

Key players in the market include

· Napoleon

· Weber

· LANDMANN

· Char-Broil LLC

· CharGriller.com

· Bull Outdoor Products

· Broilmaster

· KitchenAid

Segmental Outlook:

On the basis of types, the global barbecue grills market is categorized into gas grills, charcoal grills and others. The gas grills segment held a significant market share in 2019. Gas grills are extensively in household and commercial applications due to the ability of natural gas or bottled propane. Gas catch fire more easily than charcoal, which in turn, boosts their demand. Increasing demand for barbecue restaurants by consumers in emerging countries such as China, India, Brazil, and Mexico is anticipated to fuel the commercial segment.

Based on distribution channel, the barbecue grills market is divided into online and offline. The offline segment constitutes a significant share of the market; however, the online segment is expected to grow at a significant pace during the forecast period. Retail stores require staff and high fixed costs (rent) to operate stores; therefore, providing a wide selection of products due to limited space, which offers online selling channels opportunities. Online retailers can offer a vast selection of products without having to pay as many employees to sell them; however, they need access to shipping companies.

Regional Outlook:

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Barbeque grills are a part of lifestyle in countries such as the US and Canada; therefore, North America leads the global market. People enjoy barbequed food during several holidays, special occasions, and over the weekends. The market in Asia Pacific is anticipated to expand at a high CAGR due to the increased street food consumption and rising investments by key players in developing economies such as India and China. Additionally, rising demand for barbecue food in these countries is expected to fuel the market in these countries in the coming years.

Contact Info-

Name: Growth Market Report

Address: 500 East E Street, Ontario,

CA 91764, United States.

Phone No: USA: +1 909 545 6473

Website: https://growthmarketreports.com/

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