Report : North America Barbeque Grill Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Fuel Type (Gas, Charcoal, Electric, and Wood) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
At 6.7% CAGR, the North America Barbeque Grill Market is speculated to be worth US$ 3,213.18 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the North America barbeque grill market was valued at US$ 2,172.15 million in 2022 and is expected to reach US$ 3,213.18 million by 2028, registering an annual growth rate of 6.7% from 2022 to 2028. Increase in outdoor cooking and increase in spending on luxury kitchen appliances are the critical factors attributed to the market expansion.
High-quality materials such as cabinets or countertops, professional space planning, modern technologies & appliances, proper lighting, and beautiful interior design are used in luxury design. According to the NPD Group, sales of luxury kitchen appliances, including refrigerators, cooktops, barbeque grills, and ovens, increased by 45% in the US between January and September 2021. This significant increase in sales was due to the rising standard of living and shifting consumer preferences toward premium and luxury products. Many luxury barbeque grill manufacturers have been offering their products to consumers at a premium price with advanced functionalities. Luxury barbeque grills are usually more convenient and high-tech. This cutting-edge technology helps users utilize these products safely and more effectively. Moreover, luxury barbeque grill manufacturers such as Fire Magic provide a limited lifetime warranty based on the type of material of the grill. Premium products are primarily available with a lifetime burner warranty. Thus, the rising standard of living, demand for premium products and services, and luxury kitchen appliances is driving the barbeque grill market across the region.
On the contrary, health impact of charcoal grilling hurdles the growth of North America barbeque grill market.
By fuel type, the North America barbeque grill market is segmented into gas, charcoal, electric, and wood. The gas segment held 40.2% market share in 2022, amassing US$ 874.22 million. It is projected to garner US$ 1,310.12 million by 2028 to expand at 7.0% CAGR during 2022–2028.
By distribution channel, the North America barbeque grill market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held 38.1% market share in 2022, amassing US$ 828.34 million. It is projected to garner US$ 1,318.94 million by 2028 to expand at 8.1% CAGR during 2022–2028.
- Based on country, the North America barbeque grill market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 80.2% market share in 2022. It was assessed at US$ 1,741.63 million in 2022 and is likely to hit US$ 2,609.42 million by 2028, exhibiting a CAGR of 7.0% during the forecast period.
Key players dominating the North America barbeque grill market are Broilmaster; Char-Broil LLC; Fire Magic; Landmann; Sutter Home and Hearth; The Coleman Company, Inc.; Traeger Pellet Grills LLC.; Transform SR Brands LLC; and Weber-Stephen Products (HK) Ltd. among others.
- In 2021, Char-broil launched the next generation of grilling, the Cruise gas grill.
- In 2022, Landmann partnered with Chef for Foodies to take BBQing to the next Level.
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