Barbecue & Grill Manufacturing in the US - Industry Market Research Report

Well Done: the Industry is Anticipated to Grow, But Continue Contending With High Import Competition

The Barbecue and Grill Manufacturing industry includes the domestic manufacturing of gas, electric, charcoal and hybrid barbecues and grills. While entering the current period of 2023, the industry is expected to grow in line with the overall economy as consumer spending and household income levels have spurred growth in nonessential purchases such as outdoor cooking equipment. To the industry's benefit, demand for barbeque and grill grew in 2020 as the population shifted to work and study from home. Simultaneously, the restrictions on indoor activities conversely have boosted demand for outdoor activities, including barbeque. Nonetheless, the overall demand growth is pressured by a decline in consumer spending and the confidence index. Since the pandemic has long subsided, the publisher expects industry revenue to climb at an annualized rate of 1.4% to $1.6 billion going into 2023. This includes a forecast decline of 1.1% in 2022 alone due to an anticipated fall in household income levels. This industry comprises establishments that manufacture barbecue and grilling equipment, including gas and solid-fuel barbecues, grills and braziers, in addition to parts and accessories. Other outdoor cooking equipment, such as outdoor stoves, are excluded from this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.