Wilmington, Delaware, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Global Barbecue Grills Market size is valued at US$ 5.3 billion in 2023 and is predicted to rise at a substantial CAGR of 4.8% during the forecast period of 2023 and 2030 according to RationalStat analysis.
Market Definition, Market Scope, and Report Overview
Changes in young consumers' lifestyles and eating habits, as well as the growing trend of outdoor parties and social gatherings, have increased demand for low and slow-cooked barbeques such as brisket, pork shoulder, and pork ribs. This factor is expected to contribute to the industry's growth in the coming years.
Because of changing consumer eating habits, the number of quick-service restaurants and eateries continues to grow. Furthermore, the number and popularity of barbeque restaurants are growing rapidly. Because of their hectic work schedules, most young consumers prefer to eat at outdoor eateries and restaurants.
Consumers, especially the young generation, like to taste and experiment with new and unique food dishes. Furthermore, most barbeque restaurants are increasingly offering live cooking, extensive buffet spreads, lively ambiance, and great music, which is expected to favor the growth of the BBQ grill during the forecast period.
- According to a deep-dive market assessment by RationalStat, the barbecue grills market has been analyzed based on market segments, including type, application, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the barbecue grills market covers market sizes based on market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the barbecue grills market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Barbecue Grills Market: Segmental and Market Share Analysis
- Based on the application, the commercial segment is expected to capture the majority of the market share as the population prefer barbequed mills during festivities and events.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 5.3 billion |
| Market Size Forecast | US$ 7.4 billion |
| Growth Rate | 4.8% |
| Dominant Segment | Commercial Segment |
| Leading Region | North America |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some of the prominent players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, and partnerships and collaborations are some of the strategies followed by industry players. Some of the key developments in the global barbecue grills market include,
- In April 2023, Germany’s oldest barbecue manufacturer, LANDMANN introduced nine new outdoor cooking appliances, meeting the growing demand for multifunctional BBQs.
- In Feb 2023, Traeger Inc, the innovators and category leaders in wood-pellet grills, launched a significant addition to their outdoor cooking experience with Flatrock Grill.
Some of the prominent players and suppliers operating and contributing significantly to the barbecue grills market growth include Newell Brand Inc., Spectrum Brands, Inc., The Middleby Corporation, C. Bradley Co., Traeger Grills, LANDMANN, Weber-Stephen Products LLC, Transform Holdco LLC, Empire Comfort Systems, and RH Peterson Co., among others.
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RationalStat has segmented the barbecue grills market based on type, application, and region
- Global Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Gas
- Charcoal
- Electric
- Global Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Household
- Commercial
- Global Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Barbecue Grills Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Barbecue Grills Report:
- What will be the market value of the barbecue grills market by 2030?
- What is the market size of the barbecue grills market?
- What are the market drivers of the barbecue grills market?
- What are the key trends in the barbecue grills market?
- Which is the leading region in the barbecue grills market?
- What are the major companies operating in the barbecue grills market?
- What are the market shares by key segments in the barbecue grills market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoints to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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