The Barbeque Grill Market is being driven by Rising trend of cookouts on weekends and holidays
The Barbeque Grill Market is expected to grow at a CAGR of 4.6% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1473.9 million. In the global barbeque grill market, gas-fueled grills have gained significant traction due to their indoor utility and cost-effectiveness, particularly in developing economies such as India and China. Consumers in these regions prefer gas-fueled grills as they can be fueled by propane tanks or natural gas lines, which are readily available in households. The increasing disposable income and changing lifestyle trends have led to a surge in demand for premium cooking equipment, including indoor gas-fueled barbeque grills. In less developed regions of these countries, where outdoor barbequing is not an option due to lack of backyards or open balconies, indoor grills have become a popular alternative.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
164 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.6% |
Market growth 2024-2028 |
USD 1473.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
4.18 |
Key countries |
US, Germany, Canada, UK, and China |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Barbeque Grill Market is witnessing significant growth due to the increasing trend of outdoor parties and social gatherings among young consumers. Meats like Brisket, Pork Shoulder, and Pork Ribs are popular choices for BBQ cooking. Quick-service restaurants, eateries, and Barbeque restaurants are capitalizing on this trend. Lifestyle and eating habits of young consumers are driving the demand for BBQ grills in both food joints and household sectors. BBQ grill manufacturers are focusing on producing portable gas grills with heavy-duty grates to cater to this market. Outdoor cooking and healthy cooking habits are also contributing factors.
The barbeque grill market is a significant segment of the global household appliances industry, catering to the demand for outdoor cooking equipment. Young consumers' shifting preferences towards experiential dining and outdoor social gatherings have fueled market growth. Key products include brisket, pork shoulder, and pork ribs, popular choices for barbeque enthusiasts. This market segment falls under small household appliances within the household appliances industry. Quick-service restaurants, eateries, and barbeque restaurants are key end-users. Despite this, the market scope excludes televisions, audio and video products, personal computers, machine tools, and agriculture equipment, which are classified under different industry categories.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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