The Asia Pacific Barbeque Grill Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
Due to shifting customer dining patterns, there are growing numbers of fast restaurants and diners. Additionally, both the availability and popularity of BBQ restaurants are significantly growing. Several young users enjoy eating at outdoor cafés and restaurants because of their busy work schedules. Consumers, particularly the younger age, enjoy trying out new and interesting cuisine specialties.
Additionally, the majority of barbeque restaurants are progressively providing live cooking, sizable buffet spreads, a lively atmosphere, and top-notch music, all of which are predicted to support the expansion of the BBQ grill throughout the course of the projection year. Furthermore, it is anticipated that the hospitality sector's strong development activity will help the barbecue grill market grow.
Hotel construction operations have increased as a result of improved working conditions, particularly in the growing economies of Asia Pacific, including India. The need for simple-to-use barbecue grill equipment that not only adds flavor to the table but also has health advantages is growing as a result of the dramatic increase in the number of hotels.
India is a significant travel and tourist market. Wellness, Cruises, sports, adventure, medical, film, eco-tourism, rural, and religious tourism are just a few of the unique travel options it offers. Both domestic and foreign tourists are aware of India as a destination for spiritual tourism. Compared to US$28.9 billion in 2018, the Indian tourism and hospitality industry is predicted to generate US$50.9 billion in visitor exports by 2028. Due to improved airport facilities and increased access to passports, the estimated $20 billion Indian airline travel market is expected to quadruple in size by FY27.
The China market dominated the Asia Pacific Barbeque Grill Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $397.9 million by 2028. The Japan market is estimated to grow a CAGR of 5.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.9% during (2022 - 2028).
Based on End-use, the market is segmented into Commercial and Household. Based on Product, the market is segmented into Gas, Charcoal and Electric. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Barbeque Grill Market is Projected to reach USD 6.3 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newell Brands, Inc., Spectrum Brands Holdings, Inc., MiddleBy Corporation, Weber, Inc., Char?Broil, LLC (W.C. Bradley Co.), Empire Comfort Systems, Inc., RH Peterson Co., Landmann USA, Inc. (Gebrüder Thiele Group), Transform Holdco LLC, and Traeger, Inc.
By End-use
By Product
By Country
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