The global market for Countertop Griddles was valued at an estimated US$1.1 Billion in 2023 and is projected to reach US$1.4 Billion by 2030, growing at a CAGR of 3.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the countertop griddles market is driven by several factors, including the increasing demand for versatile cooking appliances, advancements in cooking technology, and the rising popularity of casual dining and food trucks. As consumers seek convenient and multifunctional kitchen equipment, the versatility of countertop griddles makes them an attractive option for both home cooks and professional chefs. Technological innovations that enhance the efficiency and functionality of griddles are also contributing to their growing adoption in various culinary settings.
Furthermore, the expanding foodservice industry, particularly the growth of fast-casual dining establishments and food trucks, is fueling demand for compact and efficient cooking solutions. These trends, along with the continuous development of new griddle models that cater to specific cooking needs, are expected to drive significant growth in the countertop griddles market in the coming years.
The growth in the countertop griddles market is driven by several factors, including the increasing demand for versatile cooking appliances, advancements in cooking technology, and the rising popularity of casual dining and food trucks. As consumers seek convenient and multifunctional kitchen equipment, the versatility of countertop griddles makes them an attractive option for both home cooks and professional chefs. Technological innovations that enhance the efficiency and functionality of griddles are also contributing to their growing adoption in various culinary settings.
Furthermore, the expanding foodservice industry, particularly the growth of fast-casual dining establishments and food trucks, is fueling demand for compact and efficient cooking solutions. These trends, along with the continuous development of new griddle models that cater to specific cooking needs, are expected to drive significant growth in the countertop griddles market in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Electric Griddles segment, which is expected to reach US$1.1 Billion by 2030 with a CAGR of a 4.0%. The Gas Griddles segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $296.0 Million in 2023, and China, forecasted to grow at an impressive 7.4% CAGR to reach $300.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Countertop Griddles Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Countertop Griddles Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Countertop Griddles Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Avantco Equipment, Buffalo Appliances, Cadco Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 45 Featured):
- Avantco Equipment
- Buffalo Appliances
- Cadco Ltd.
- EQUIPEX, LLC.
- Imperial Commercial Cooking Equipment
- NEWGEN Catering Equipment (HK) Ltd.
- Practical Products Pty. Ltd
- Roband Australia Pty Ltd
- Star Manufacturing
- The Vollrath Co., L.L.C.
- Vijay Udyog Kitchen Equipment Private Limited
- Vulcan Equipment
- Waring Commercial Products
- Wells Manufacturing
- Wilprep Kitchen
- Wolf Equipment
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Avantco Equipment
- Buffalo Appliances
- Cadco Ltd.
- EQUIPEX, LLC.
- Imperial Commercial Cooking Equipment
- NEWGEN Catering Equipment (HK) Ltd.
- Practical Products Pty. Ltd
- Roband Australia Pty Ltd
- Star Manufacturing
- The Vollrath Co., L.L.C.
- Vijay Udyog Kitchen Equipment Private Limited
- Vulcan Equipment
- Waring Commercial Products
- Wells Manufacturing
- Wilprep Kitchen
- Wolf Equipment
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 183 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.1 Billion |
Forecasted Market Value ( USD | $ 1.4 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |