
Published On: Oct 2022
Published On: Oct 2022
At 7.0% CAGR, the SAM Barbeque Grill Market is projected to be worth US$ 825.52 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the SAM barbeque grill market was valued at US$ 548.91 million in 2022 and is expected to reach US$ 825.52 million by 2028, registering an annual growth rate of 7.0% from 2022 to 2028. Growing adoption of smart barbeque grills and increasing use of electric barbeque grill are the critical factors attributed to the market expansion.
Kitchen appliances are rapidly developing through technological innovations. A smart barbeque grill utilizes Wi-Fi and Bluetooth connectivity to communicate with an app on a tablet or smartphone. This allows users to check in on the cooking process and remotely control the grill. These smart appliances are built with advanced control panels and actuators, integrated with sensor technology, communication capabilities such as Wi-Fi or Bluetooth, artificial intelligence (AI), and an advanced user interface. For instance, in December 2021, Char-Broil launched Char-Broil Cruise Gas Grill. This barbeque grill has cruise control technology capable of setting and maintaining a white cooking temperature. Char-Broil also added auto cleaning and digital control dial features. Such smart innovations by barbeque grill manufacturers are anticipated to boost the growth of the barbeque grill market.
On the contrary, health impact of charcoal grilling hurdles the growth of SAM barbeque grill market.
By fuel type, the SAM barbeque grill market is segmented into gas, charcoal, electric, and wood. The gas segment held 40.8% market share in 2022, amassing US$ 224.01 million. It is projected to garner US$ 341.23 million by 2028 to expand at 7.3% CAGR during 2022–2028.
By distribution channel, the SAM barbeque grill market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held 38.7% market share in 2022, amassing US$ 212.17 million. It is projected to garner US$ 331.07 million by 2028 to expand at 7.7% CAGR during 2022–2028.
Key players dominating the SAM barbeque grill market are Broilmaster; Char-Broil LLC; Fire Magic; Landmann; The Coleman Company, Inc.; Traeger Pellet Grills LLC.; and Weber-Stephen Products (HK) Ltd. among others.
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