What is Cooking Grills Market?
Grilling is a form of cooking in which dry heat is applied to the surface of food, usually from above, below, or from the side. Grilling usually requires a significant amount of direct radiant heat and is typically used for quick cooking of meat and vegetables. The rapid development of COVID 19 worldwide has serious consequences for most suppliers of electronic and electrical products in the form of interruptions in the supply chain. While the pandemic has reduced the frequency of purchases of consumer products, the lead time for delivering orders has also increased significantly. Limited component availability, labor supply, and other supply chain-related costs are some of the biggest challenges most industry players are currently focused on. The end of the lockdown is expected to bring significantly higher levels of consumer traffic to this industry, especially through the online channels, and manufacturers will need to design their production plans and distribution networks in accordance with this changing business environment.
The market study is being classified by Type (Gas Grills, Charcoal Grills and Electric Grills), by Application (Commercial Use and Home Use) and major geographies with country level break-up.
Robert Bosch (Germany), Napoleon (France), Weber-Stephen Products (Unites States), Char-Broil (United States), Char-Griller (United States), Bull (Austria), Landmann (Germany), Fire Magic (United States), Broilmaster (United States), KitchenAid (United States), Middleby Corporation (United States), Coleman (United States), Kenmore (United States), The Blackstone Group (United States), Broil King (United States) and Dyna-Glo (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Huntington Bancshares (United States), Groupe SEB (France) and Koninklijke Philips (Netherlands).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Cooking Grills market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cooking Grills market by Type, Application and Region.
On the basis of geography, the market of Cooking Grills has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Trend of Cookouts on Weekends and Holidays, Especially Among the Younger Population
- Rise in Outdoor Activities
- Increasing Number of Middle-Class Population
- Changing Lifestyles Coupled With the Adoption of Premium Products for Home and Outdoor Cooking Activities
- Increase in the People Consuming Food from Restaurants and Hotels
Market Trend
- Rising Popularity of Home Cooking As a Hobby and Leisure Activity
- Rising Popularity of BBQ Restaurants among Consumers from Developing Countries
- Growing Online Sales
Restraints
- Rising Ultra-Convenient Trend
Opportunities
- The Rising Demand For Compact, Electric, and Small But Effective Cooking Grill
- The Innovations and Product Premiumization
- Manufacturers Focus on Product Innovation to Cater To the Rising Demand
Challenges
- A Product Availability at a Lower Cost
Key Target Audience
Manufacturers of Cooking Grills, Suppliers and Distributors of Cooking Grills, End-Users, Potential Investors, Market Research Firms and Others