Global BBQ Grills Market Is Driven By Increasing Application In Consumer Goods Industry
Pune, Maharashtra, November 12, 2019 (Wired Release) Prudour Pvt. Ltd. The global BBQ grills market is projected to be US$ 3,620.1 Mn in 2018 to reach US$ 5,654.6 Mn by 2028 at a CAGR of 4.6%.
Grilling has existed in America for many years. People from south of America used to roast meat on a wooden structure called ‘barbacoa’, which is a Spanish word. For many years barbacoa was referred to the grilling structure and not the act of grilling. Eventually, people modified the word barbacoa to “barbeque”. It has been frequently used in-pit style cooking which is very common in the southeastern part of the United States. Later outdoor gas grills were invented in the early fifty’s. On the basis of working, there are three types of grills Gas grills, Electric grills and Charcoal grills. On the basis of capacity, there are two types of grills; Commercial grills and Indoor Grills. A commercial barbeque grill is used for larger cooking capacity.
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As grilling has become one of the preferred outdoor activity among customers, producers in the barbeque grills market have introduced various types of barbeque grills to meet their client’s needs. Amongst all types of barbeque grills, gas barbeque grills are very popular among consumers due to its applications in outdoor activities. As many consumers around the globe are into outdoor recreation activities, gas barbeque grills are mostly used by people for cooking food outdoors. Another type of barbeque grill is charcoal barbeque grill, which has gained immense popularity among consumers because of its unique flavour it adds to the food. A charcoal grill is cheaper as compared to the prices of gas barbeque grills. With a large number of people living in apartments need for compact barbeque grills will increase which will boost demand for electric barbeque grills.
The barbeque grills market is expected to witness significant growth in coming years in emerging economies like China, Japan, Southeast Asia and India. North America holds the largest market share. With the increasing popularity of barbeque grills on weekends and summer, vacations are expected to witness robust growth in global barbeque grills market. Barbeque grills are used commercially. Also, it is being used for residential purpose as well. A most common use of barbeque grills is for residential purpose due to increase in population and increase in outdoor activities. Market competition is expected to be intense in the coming years due to innovation in products, acquisitions and improvements in raw material cost.
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Global BBQ Grills Market Revenue (US$ Mn), 2018–2028
An increasing trend of outdoor parties will be another factor which will boost the target market in coming years and also Increasing disposable income with changing consumer preferences towards better living standards is another key factor fueling the market growth.
Electrical barbeque offers flexibility concerning indoor and outdoor cooking is expected to place an electric barbeque grill in a perfect position in the market. Also, its a value for money, considering the needs of families, this, in turn, is expected to aid the target market.
Cooking food on the grill is a significantly healthier option as cooked food is lower in fats and retains its nutrients, due to these health benefits it is expected to aid target market growth.
Availability of substitutes such as ovens, rotisserie, and other appliances may affect the growth of BBQ grills market adversely.
Global BBQ Grills Market by Formulation, 2018
On the basis of product type, the market is segmented into Gas Grills, Charcoal Grills, Electric Grills. Gas Grill accounts for the majority share in the global BBQ grills market, followed by Charcoal Grills.
On the basis of region, the market is segmented into North America, Europe, APAC, South America and MEA. North America accounts majority share in global BBQ market.
The research report on the global BBQ grills market includes profiles of some of major companies such as Spectrum Brands Holdings Inc., Sears Holdings Corporation, Empire Comfort Systems, Inc., Modern Home Products Ltd, Weber-Stephen Products LLC, Newell Brands Inc., The Middleby Corp., W.C. Bradley Co., Inc., Traeger Pellet Grills, LLC, LANDMANN Holding GmbH and Co. KG, etc.
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