According to our latest market study, titled " Barbeque Grill Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Fuel Type (Gas, Charcoal, Electric, and Wood), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others),” the market is expected to grow from US$ 6,345.75 million in 2022 to US$ 9,359.68 million by 2028. It is estimated to grow at a CAGR of 6.7% from 2022 to 2028. The report highlights key factors driving the market growth and prominent players with their progress in the market.
Barbeque grilling is considered an experiential activity and has become a preferred outdoor activity among consumers. The increasing popularity of outdoor cooking on weekends and during holiday seasons worldwide is driving the demand for barbeque grills. According to the NPD Group, consumers in the US have spent over US$ 4.9 billion on grills, smokers, camping stoves, accessories, and fuel in 2020.
Moreover, the growing consumer interest in outdoor activities such as trekking and camping is promoting outdoor cooking activities. During the COVID-19 pandemic, many people started opting for barbeque grills due to lockdown measures imposed across the globe. People invested more in grills and grilling products, which allowed them to create the eat-out experience at home and enjoy their time in lockdown. According to the North American Camping Report of Kampgrounds of America, Inc., the number of households participating in at least one camping trip increased from 48.2 million in 2020 to 57 million in 2021. Additionally, in 2020, the demand for outdoor living and outdoor cooking in the UK has grown quickly due to the pandemic. There has been increased spending by the people on home and garden improvements, which has driven the demand for barbeque grills in the country. This outdoor camping trend is most popular among the young population. Thus, the growing trend of outdoor cooking worldwide is driving the barbeque grill market.
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Broilmaster; Char-broil LLC; Dean Forge Ltd.; Fire Magic; Landmann; Shutter home and hearth; The Coleman Company, Inc.; Traeger Pellet Grills LLC; Transform SR Brands LLC; and Weber-Stephen Products LLC (HK) Ltd. are the well-established players constituting the majority of the barbeque grill market share.
The COVID-19 pandemic adversely affected the consumer goods industry due to the shutdown of manufacturing facilities, difficulty procuring raw materials and components, and restrictions on logistic operations. Disruptions in raw material supply chains hampered barbeque grill production. The outbreak distorted operational efficiencies and value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. Various barbeque grill manufacturers had to temporarily close their operations or reduce their production capacities in 2020. However, the businesses are gaining ground as governments of various countries eased out the previously imposed restrictions in 2021. The barbeque grill manufacturing units and distribution facilities, such as supermarkets, hypermarkets, and retail stores, are driving the barbeque grill market.
According to the NPD Group, from July 2020 to July 2021, consumer spending on grilling accessories increased consistently, leading to growth in sales revenue by 28%. This significant increase in the sale of barbeque grills was due to the popularity of outdoor cooking. As per research by the Hearth, Patio & Barbecue Association (HPBA), in 2022, ~70% of US households owned at least one grill or smoker.
The "Barbeque Grill Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global barbeque grill market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The barbeque grill market is segmented into fuel type, distribution channel, and geography. Based on fuel type, the market is bifurcated into gas, charcoal, electric, and wood. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
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Based on geography, the market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Further, North America dominated the barbeque grill market in 2021, and Asia Pacific is expected to register the highest CAGR during the forecast period. The growing trend of outdoor cooking and increased spending on luxury kitchen appliances is driving the demand for barbeque grills worldwide.