The gas grill market is expected to reach $5 billion by 2032, according to Global Market Insights Inc.

Global Market Outlook Inc.

Global Market Outlook Inc.

The gas grill industry is expected to witness a CAGR of 5.3% during the period 2024-2032. This growth can be attributed to the increasing popularity of outdoor cooking.

Selbyville, Delaware, July 02, 2024 (GLOBE NEWSWIRE) —

Gas barbecues Market size The sector is expected to generate $5 billion by the end of 2032. The growing popularity of outdoor cooking and entertaining, coupled with lifestyle changes favoring home-cooked meals, is driving the growth of the sector. In recent times, consumers are increasingly attracted to gas grills because they offer convenience, quick ignition, and precise temperature control. Significant advancements, including infrared burners and smart connectivity features, are enhancing the grilling experience and the product’s appeal to tech-savvy users.

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Rising disposable incomes and the trend towards backyard gatherings and social events will contribute to the market expansion. According to the Bureau of Economic Analysis (BEA) data, in April 2024, the personal disposable income in the United States increased by $40.2 billion. The presence of aggressive marketing strategies and promotional activities by manufacturers also plays a significant role in making gas grills an attractive option for a wide audience. The availability of a wide range of models and sizes to suit various consumer preferences accelerates the product’s appeal.

High demand for freestanding grills

The standalone grill segment of the gas barbecue market will register a significant growth rate by 2032, owing to their portability, ease of installation, and versatility in outdoor spaces. The growing popularity of outdoor cooking and social gatherings, combined with a wide range of models and sizes, is helping to meet the diverse needs of consumers. Additionally, advancements in grill technology and features, such as multiple burners and storage options, are enhancing the product’s appeal and functionality.

Household segment expected to see substantial gains

The household gas grill market is expected to witness significant growth between 2024 and 2032, owing to the increasing popularity of home cooking and outdoor entertaining. Rising disposable incomes are enabling more consumers to invest in high-quality grilling equipment. The convenience and ease of use of gas grills, which offer quick ignition and precise temperature control, are also appealing to busy households. Additionally, the trend towards social gatherings and family meals, along with advancements in grill technology and aesthetics, will further propel the segment’s gains.

Asia Pacific expected to accumulate significant share of revenues

The Asia Pacific gas grill market is expected to witness sustained growth between 2024 and 2032, owing to increasing urbanization and rising disposable incomes. The growing popularity of outdoor cooking and social gatherings, coupled with the influence of the Western lifestyle, is driving the product demand in the region. Significant advancements in grill technology are providing enhanced convenience and functionality and attracting consumers. Aggressive marketing strategies and expanding e-commerce platforms are further facilitating the accessibility and adoption of gas grills in the region.

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Gas Barbecue Market Participants

Some of the major companies operating in the gas grill industry include Broil King, Broilmaster, Bull, Char-Broil, Char-Griller, Coleman, Dyna-Glo, Fire Magic, Huntington, Kenmore, KitchenAid, Landmann, MHP, Middleby, Napoleon, and Weber.

These market players are engaging in new products, mergers and acquisitions, partnerships, and capacity expansions to strengthen their market presence. For example, in January 2024, Current Backyard, a lifestyle product provider, introduced the new Current Model G Wi-Fi-enabled Dual Zone Electric Grill and Current Model G Electric Griddle.

Partial table of contents of the report:
Chapter 1 Methodology and scope
1.1 Market Scope and Definition
1.2 Basic estimates and calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Summary
2.1 Gas Barbecue Industry 3600 summary, 2018 – 2032
Chapter 3 Industry Outlook
3.1 Analysis of the industrial ecosystem
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future prospects
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Analysis of raw materials
3.3 Regulatory landscape
3.4 Impact forces
3.4.1 Growth drivers
3.4.1.1 Growing popularity of outdoor cooking
3.4.1.2 Preference for convenient and time-saving features
3.4.1.3 Expansion of outdoor living spaces
3.4.2 Sector pitfalls and challenges
3.4.2.1 Seasonal demand
3.4.2.2 Competition from alternative cooking methods
3.5 Analysis of consumer purchasing behavior
3.5.1 Demographic trends
3.5.2 Factors influencing the purchasing decision
3.5.3 Adoption of consumer products
3.5.4 Preferred distribution channel
3.5.5 Preferred price range
3.6 Analysis of growth potential
3.7 Porter’s Analysis
3.8 PESTEL analysis

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About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, USA, is a global provider of market research and consulting services, offering syndicated and customized research reports and growth consulting services. Our business intelligence and industry research reports provide clients with in-depth insights and actionable market data specifically designed and presented to facilitate strategic decision-making. These comprehensive reports are designed through a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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