Charcoal Barbeque Grill Demand is Projected to Reach a Valuation of US$ 7.96 Billion by 2032

Published April 17, 2023

Expanding at a CAGR of 4.5%, the global barbeque grill market is projected to increase from a valuation of US$ 5.12 billion in 2022 to US$ 7.96 billion by the end of 2032.

Market expansion is anticipated to be fuelled by increasing recreational activities such as cookouts on weekends and holidays, particularly among the younger generation.

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Key Takeways from the Market Study:

  • The global barbeque grill market is projected to be valued at $5.12 billion dollars in 2022.
  • The North American market is projected to account for nearly 27.6%, while the European market is likely to hold about 35.1% of the share in the forecast period of 2022 to 2032.
  • The top three barbeque grill manufacturers are anticipated to generate a market share of approximately 40.7%.
  • Over 50% of customers in North America say they prefer a barbeque for birthday celebrations, while 24% say the same about camping outings.
  • U.S.-based Char-Broil introduced the SmartChef Smoker app to notify people about maintaining meat temperature, chamber temperature, and cooking time.

The rising trend of cookouts on weekends and holidays, especially among the younger population is expected to drive the growth. Furthermore, changing lifestyles coupled with the adoption of premium products for home and outdoor cooking activities is projected to boost the product demand in the near future.

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Competitive Landscape

Due to the existence of numerous international and regional companies, the market for barbeque grills is very competitive. To strengthen their position in the market, major players are implementing a variety of methods, including product portfolio growth and regional development.

  • With their high demand, product innovations such as the Tower T14028 indoor/outdoor electric barbeque grill are standing out in the marketplace.

Key Companies Profiled:

  • The Coleman Company Inc.
  • Spectrum Brands, Inc.
  • The Middleby Corporation LLC.
  • Char-Broil LLC
  • Kenmore
  • Traeger
  • Broilmaster
  • Weber-Stephen Barbecue Products India Private Limited

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Key Questions Covered in the Barbeque Grill Market Report

  • What is the projected value of the Barbeque Grill factors Industry in 2022?
  • At what rate will the global Barbeque Grill factors market size grow until 2032?
  • Which are the factors hampering the growth of Barbeque Grill factors?
  • Which region is expected to lead in the global Barbeque Grill factors market By 2032?
  • Which are the factors driving the Barbeque Grill factors Industry during the forecast period?
  • What is the expected market value of the Barbeque Grill factors market during the forecast period?

Regional Analysis For Barbeque Grill Market:

  • APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • North America (USA, Canada and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, United Arab Emirates, South Africa)

Key Segments Covered in Barbeque Grill Industry Research

  • By Product :
    • Gas
    • Charcoal
    • Electric
  • By Application :
    • Household
    • Commercial

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