The market for barbecue grills is anticipated to reach US$ 7.96 billion in 2032 and increase steadily between 2022 and 2032 at a CAGR of 4.5%. Demand is expected to rise due to the growing habit of cookouts on holidays and weekends, particularly among millennials.
According to a Fact.MR analysis, the Barbecue Grills Market is anticipated to reach US$ 5.12 billion in 2022. The global market should do well as premium items are increasingly being adopted for outdoor and indoor culinary activities.
Surging demand for stainless steel barbeque grills owing to their long lifespan and cost-effectiveness is another factor that would fuel growth. Besides, manufacturers are expected to offer one to 10-year warranty on the basis of the type of material of their in-house grills.
Premium barbeque grills are usually available with a lifetime burner warranty. On account of this, consumers are set to demand for high-end products equipped with innovative features such as pull-out tray, electronic igniters, and fuel gauge.
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Moreover, gas barbeque grills are anticipated to gain traction in the forthcoming years on the back of rising trend of backyard grilling. Gas grills run on either bottled propane or natural gas, which depends on utility providers.
Gas grills are capable of quickly firing up to initiate grilling activities. Rising demand for premium gas barbeque grills with features, including side burner for heating pots & pans, three to five burners, and stainless steel body, among the middle-class population is likely to accelerate growth.
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Leading players operating in the global barbeque grill market are focusing on new product launches and product innovations to attract a large consumer base. They are also aiming to collaborate with start-up firms to co-develop cutting-edge products by using the latter’s technology. Meanwhile, some of the other companies are striving to gain high shares by engaging in mergers and acquisitions.
For instance,
Key Companies Profiled by Fact.MR
More Valuable Insights on Barbeque Grill Market
In the latest study, Fact.MR offers a detailed study on global barbeque grill market for the forecast period of 2022 to 2032. This study also highlights key drivers promoting the sales of barbeque grill through detailed segmentation as follows:
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Key Questions Covered in the Barbeque Grill Market Report
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