Barbeque Grill Market is expected to reach US$ 9,359.68 million by 2028

Published on 20-Jul-2022
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Report : Barbeque Grill Market Report: Size, Share and Outlook by 2031

The scope of our recent study, titled "Barbeque Grill Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Fuel Type (Gas, Charcoal, Electric, and Wood), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)," includes the factors fueling the growth of the market; analysis of revenue estimation, forecast, and market share; and the identification of significant market players and their key developments.

The barbeque grill market is expected to grow from US$ 6,345.75 million in 2022 to US$ 9,359.68 million by 2028. It is estimated to grow at a CAGR of 6.7% from 2022 to 2028.

Based on the distribution channel, the barbeque grill market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2021, the supermarkets and hypermarkets segment held the largest barbeque grill market share. Supermarkets and hypermarkets are huge retail establishments offering an extensive range of products, such as groceries, personal care, and household products. This store provides barbeque grills of various brands at reasonable prices. Moreover, these stores offer attractive discounts, multiple payment options, and a pleasant customer experience. Due to heavy customer footfall, large customer reach, and wide distribution network, manufacturers of barbeque grills usually prefer selling their products through supermarkets and hypermarkets, such as Walmart, Aldi, and Tesco.

The global barbeque grill market is segmented into 5 main regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the market in 2021, and Asia Pacific is expected to record the highest CAGR during the forecast period. The prevalent culture of barbeque cooking in North America is significantly driving the demand for barbeque grills. According to Hearth, Patio, and Barbecue Association (HPBA), more than 60% of customers engage in BBQ grilling on weekends during summer or on any special occasion. They also enjoy cookouts during national holidays such as Independence Day, Thanksgiving, Christmas, and New Year's Eve. The preference for outdoor grilling of food products, such as poppers, grilled meat, hotdogs, pizza, and others, is boosting this market. Country such as Mexico has a rich tradition and culture of barbeque food and the cooking style quickly spread from Western Mexico to Central Mexico. Thus, the prevalent culture of barbeque food in countries present across North America is driving the growth of barbeque grill market in the region.

Impact of COVID-19 Pandemic on Barbeque Grill Market

With the shutdown of manufacturing facilities and the restrictions on transportation and logistics, the COVID-19 pandemic adversely affected the barbeque grill market in 2020. Disruptions in supply chains hampered the manufacturing and supply of barbeque grills. However, businesses have started growing again as governments of various countries have eased the social restrictions imposed earlier. Moreover, vaccination drives have led to a rise in business activities worldwide and the resumption of barbeque grill manufacturing units with full capacities. During the lockdown, people stayed at home, which led to an increase in outdoor cooking that positively impacted the barbeque grill market. The rise in the popularity of outdoor activities, such as trekking and camping, is projected to boost the barbeque grill market during the forecast period. These factors are projected to open lucrative growth opportunities for barbeque grill manufacturers over the next few years.

The "Barbeque Grill Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global barbeque grill market trends. The report aims to provide an overview of the market with detailed market segmentation. The barbeque grill market is segmented into fuel type, distribution channel, and geography. Based on fuel type, the market is bifurcated into gas, charcoal, electric, and wood. Based on distribution channels, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Based on geography, the market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in Asia Pacific is expected to register the highest CAGR during the forecast period. It is also the second most dominant region in the barbeque grill market due to the increased spending on luxury kitchen appliances and the increasing popularity of barbeque food.

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