The global cooking grills market is projected to grow by USD 2.01 billion, expanding at a CAGR of 5.5% between 2024 and 2029. This growth is driven by an increasing consumer interest in outdoor cooking experiences, spurred by social gatherings and the enjoyment of relaxed meal preparation in open-air settings. Product innovation, particularly in residential cooking grills, with features like smart gas functionality, is contributing significantly to market expansion. However, the market faces challenges, such as fluctuating raw material prices, which can pressure manufacturers to manage costs efficiently. Despite these hurdles, the outlook remains positive, with continued growth expected as consumers embrace new, innovative ways to enjoy outdoor cooking.
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The market research report provides data on the global cooking grills market, segmented by type, end-user, and geography, with forecasts from 2025 to 2029, and historical data from 2019-2023.
Product Innovation: The cooking grills market is undergoing significant transformation, with outdoor grilling evolving into a popular and innovative leisure activity. Technological advancements in grilling equipment, including energy-efficient designs, mobile app integration, and Bluetooth and Wi-Fi connectivity, are revolutionizing the market. These innovations are not only enhancing consumer experiences but also driving the development of smart, easy-to-use grills for both home cooks and commercial entities.
Smart Technology: Bluetooth and Wi-Fi-enabled grills that allow users to control temperature and cooking time from their mobile devices are becoming increasingly popular. These technological enhancements offer convenience and efficiency, driving their adoption among both individual consumers and quick-service restaurants.
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Steel prices saw a modest increase of 1.44%, signaling ongoing fluctuations in raw material costs that may affect the profitability of grill manufacturers.
The four major US steel mills reported a 3% decline in steel shipments, creating supply chain concerns for the grilling industry.
The cooking grills market remains a dynamic sector with substantial growth potential. With a growing interest in outdoor cooking and innovative product features, this market is set to continue expanding despite challenges related to raw material prices and supply chain disruptions.
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