This report describes and explains the barbecues and grills market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global barbecues and grills market reached a value of nearly $21,892.8 million in 2022, having grown at a compound annual growth rate (CAGR) of 11.8% since 2017. The market is expected to grow from $21,892.8 million in 2022 to $44,358.1 million in 2027 at a rate of 15.2%. The market is then expected to grow at a CAGR of 13.6% from 2027 and reach $83,965.8 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, rising participation by consumers in outdoor activities, growing consumer preference for grilled food and rising trend of cookouts.
Going forward, rising government support, an increase in cooking activities and an increasing preference for barbecues among consumers will drive market growth. Factors that could hinder the growth of the barbecues and grills market in the future include a rise in interest rates and high maintenance costs.
The barbecues and grills market is segmented by product into built-in grills, freestanding grills, and portable grills. The built-in grills market were the largest segment of the barbecues and grills market segmented by product accounting for 41.9% of the total in 2022. Going forward, the portable grills market is expected to be the fastest growing segment in the barbecues and grills market segmented by product, at a CAGR of 15.4% during 2022-2027.
The barbecues and grills market is segmented by application into household and commercial. The commercial market was the largest segment of the barbecues and grills market segmented by application accounting for 54.3% of the total in 2022. Going forward, the commercial market is expected to be the fastest growing segment in the barbecues and grills market segmented by application, at a CAGR of 15.6% during 2022-2027.
The barbecues and grills market is segmented by fuel type into gas, charcoal, and electric. The gas market was the largest segment of the barbecues and grills market segmented by fuel type accounting for 54.7% of the total in 2022. Going forward, the electric market is expected to be the fastest growing segment in the barbecues and grills market segmented by fuel type, at a CAGR of 15.4% during 2022-2027.
North America was the largest region in the barbecues and grills market, accounting for 32.1% of the total in 2022. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the barbecues and grills market will be Western Europe, Asia Pacific where growth will be at CAGRs of 29.2% and 23.6% respectively. These will be followed by Eastern Europe, South America and where the markets are expected to grow at CAGRs of 5.6% and 4.9% respectively.
The barbecues and grills market is highly fragmented, with a large number of players. The top ten competitors in the market made up to 16.55% of the total market in 2021. Weber-Stephen Products was the largest competitor with 5.59% share of the market, followed by The Middleby Corporation LLC. with 3.10%, Traeger with 1.79%, Napoleon with 2.59%, NexGrill with 0.93%, Spectrum Brands Inc. with 0.76%, Newell Brand Inc with 0.59%, The Coleman Company Inc with 0.62%, De'Longhi S.p.A. with 0.38% and Char-Broil LLC with 0.25%.
The top opportunities in the barbecues and grills market segmented by product will arise in built-in grills segment, which will gain $9,472.2 million of global annual sales by 2027. The top opportunities in segment by application will arise in the commercial segment, which will gain $12,673.5 million of global annual sales by 2027. The top opportunities in segment by fuel type will arise in the gas segment, which will gain $12,547.2 million of global annual sales by 2027 The barbecues and grills market size will gain the most in the USA at $5,681.5 million.
Market-trend-based strategies for the barbecues and grills market include focus on innovative electric grills, technology advancement, focus on new evolution in outdoor grilling, focus on product launches and focus on internet-enabled grills.
Player-adopted strategies in the barbecues and grills market include expanding presence across the world through strategic collaborations, providing innovative indoor and outdoor kitchen products through strategic acquisitions, expanding business operations through capacity addition and strengthening barbecues and grill business by expanding portfolio by launching new products.
To take advantage of the opportunities, the publisher recommends the barbeques and grills companies to focus on innovative electric grills, focus on technology advancement, focus on new product launches, focus on expansion in emerging markets, continue to focus on developed markets, provide competitively priced offerings, continue to use B2B promotions, focus on online marketing and continue to target fast-growing applications.
The global barbecues and grills market reached a value of nearly $21,892.8 million in 2022, having grown at a compound annual growth rate (CAGR) of 11.8% since 2017. The market is expected to grow from $21,892.8 million in 2022 to $44,358.1 million in 2027 at a rate of 15.2%. The market is then expected to grow at a CAGR of 13.6% from 2027 and reach $83,965.8 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, rising participation by consumers in outdoor activities, growing consumer preference for grilled food and rising trend of cookouts.
Going forward, rising government support, an increase in cooking activities and an increasing preference for barbecues among consumers will drive market growth. Factors that could hinder the growth of the barbecues and grills market in the future include a rise in interest rates and high maintenance costs.
The barbecues and grills market is segmented by product into built-in grills, freestanding grills, and portable grills. The built-in grills market were the largest segment of the barbecues and grills market segmented by product accounting for 41.9% of the total in 2022. Going forward, the portable grills market is expected to be the fastest growing segment in the barbecues and grills market segmented by product, at a CAGR of 15.4% during 2022-2027.
The barbecues and grills market is segmented by application into household and commercial. The commercial market was the largest segment of the barbecues and grills market segmented by application accounting for 54.3% of the total in 2022. Going forward, the commercial market is expected to be the fastest growing segment in the barbecues and grills market segmented by application, at a CAGR of 15.6% during 2022-2027.
The barbecues and grills market is segmented by fuel type into gas, charcoal, and electric. The gas market was the largest segment of the barbecues and grills market segmented by fuel type accounting for 54.7% of the total in 2022. Going forward, the electric market is expected to be the fastest growing segment in the barbecues and grills market segmented by fuel type, at a CAGR of 15.4% during 2022-2027.
North America was the largest region in the barbecues and grills market, accounting for 32.1% of the total in 2022. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the barbecues and grills market will be Western Europe, Asia Pacific where growth will be at CAGRs of 29.2% and 23.6% respectively. These will be followed by Eastern Europe, South America and where the markets are expected to grow at CAGRs of 5.6% and 4.9% respectively.
The barbecues and grills market is highly fragmented, with a large number of players. The top ten competitors in the market made up to 16.55% of the total market in 2021. Weber-Stephen Products was the largest competitor with 5.59% share of the market, followed by The Middleby Corporation LLC. with 3.10%, Traeger with 1.79%, Napoleon with 2.59%, NexGrill with 0.93%, Spectrum Brands Inc. with 0.76%, Newell Brand Inc with 0.59%, The Coleman Company Inc with 0.62%, De'Longhi S.p.A. with 0.38% and Char-Broil LLC with 0.25%.
The top opportunities in the barbecues and grills market segmented by product will arise in built-in grills segment, which will gain $9,472.2 million of global annual sales by 2027. The top opportunities in segment by application will arise in the commercial segment, which will gain $12,673.5 million of global annual sales by 2027. The top opportunities in segment by fuel type will arise in the gas segment, which will gain $12,547.2 million of global annual sales by 2027 The barbecues and grills market size will gain the most in the USA at $5,681.5 million.
Market-trend-based strategies for the barbecues and grills market include focus on innovative electric grills, technology advancement, focus on new evolution in outdoor grilling, focus on product launches and focus on internet-enabled grills.
Player-adopted strategies in the barbecues and grills market include expanding presence across the world through strategic collaborations, providing innovative indoor and outdoor kitchen products through strategic acquisitions, expanding business operations through capacity addition and strengthening barbecues and grill business by expanding portfolio by launching new products.
To take advantage of the opportunities, the publisher recommends the barbeques and grills companies to focus on innovative electric grills, focus on technology advancement, focus on new product launches, focus on expansion in emerging markets, continue to focus on developed markets, provide competitively priced offerings, continue to use B2B promotions, focus on online marketing and continue to target fast-growing applications.
Table of Contents
1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure18. Competitive Landscape and Company Profiles
6. Introduction and Market Characteristics
7. Major Market Trends
8. Global Market Size and Growth
9. Global Barbecues And Grills Market Segmentation
10. Barbecues And Grills Market, Regional and Country Analysis
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
16. Middle East Market
17. Africa Market
19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Barbeques And Grills Market, Conclusions And Recommendations
23. Appendix
Executive Summary
Barbecues and Grills Global Market Opportunities and Strategies to 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global barbecues and grills market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
Where is the largest and fastest growing market for barbecues and grills? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The barbecues and grills market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider barbecues and grills market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics
- Key Trends
- Global Market Size and Growth
- Regional Analysis
- Market Segmentation
- Regional Market Size and Growth
- Competitive Landscape
- Key Mergers and Acquisitions
- Market Opportunities and Strategies
- Conclusions and Recommendations
- Appendix
Scope:
Markets Covered:
1) By Product: Built-In Grills; Freestanding Grills; Portable Grills2) By Application: Household; Commercial
3) By Fuel Type: Gas; Charcoal; Electric
Companies Mentioned: Weber-Stephen Products; The Middleby Corporation LLC; Traeger; Napoleon; NexGrill
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; barbecues and grills indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Weber-Stephen Products
- The Middleby Corporation LLC
- Traeger
- Napoleon
- NexGrill
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 284 |
| Published | April 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 21892.8 Million |
| Forecasted Market Value ( USD | $ 83965.8 Million |
| Compound Annual Growth Rate | 14.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
