Published Date: 20-Jan-2023
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According to a new report, published by KBV research, The Global Barbeque Grill Market size is expected to reach $6.3 billion by 2028, rising at a market growth of 5.2% CAGR during the forecast period.
The Household segment is showcasing a CAGR of 6.5% during (2022 - 2028). Barbecue parties are increasingly popular worldwide, particularly in the US, Canada, Mexico, the United Kingdom, Germany, India, and China. In addition to barbecued meat, a taste for other foods prepared on a grill has become more common at picnics, house parties, and gatherings of family and friends. The adoption of barbecue grills in many families is fueling the expansion of the segment, as seen by the increasing number of pictures on Instagram and Facebook that show people cooking barbeques and eating these dishes.
The Gas segment acquired maximum revenue share in the Global Barbeque Grill Market by Product in 2021 thereby, achieving a market value of $3.3 billion by 2028. Due to its capacity to operate across several gases, including butane, propane, and natural gases, gas is the most extensively used product. These devices are used for both direct and indirect cooking, i.e., cooking on a platform set atop the grill.
The North America market dominated the Global Barbeque Grill Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.8 billion by 2028. The Asia Pacific market is exhibiting a CAGR of 6.2% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 5.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/barbeque-grill-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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