January 22, 2021
According to the research report titled ‘Global Charcoal BBQ Market Size study, by Type (Built-In Type, Freestanding Type, On Post Type, Portable Type) by Application (Home Use, Outdoor Use, Commercial Use) and Regional Forecasts 2020-2027‘, available with Market Study Report, global charcoal BBQ market is anticipated to showcase considerable growth during 2020-2027.
Evolving lifestyle and increase in disposable income are the major factors fueling the growth of global charcoal BBQ market. Also, several benefits of charcoal-based BBQ instead of gas barbeque such as portability, in consort with surging trend of picnic and outdoor cooking are contributing to the industry growth.
Further, rising applications of charcoal BBQ apparatus in commercial and domestic sectors is positively influencing the industry outlook.
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Notably, charcoal BBQ is a cooking apparatus which is majorly used in outdoor set ups. It is employed in the hospitality industry and in households to grill food like meat and steaks. As per Statista, the US generated sales worth USD 1.36 billion for grill & barbecues in 2019, which is an increase from USD 1.21 billion in 2009. However, ill effects associated with charcoal may hamper the global charcoal BBQ industry growth over 2020-2027.
In terms of type, global charcoal BBQ industry is bifurcated into built-in type, on post type, portable type, and freestanding type. Considering the application scope, the market is divided into commercial use, home use, and outdoor use.
From a regional frame of reference, worldwide charcoal BBQ market forecast is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. North America market is projected to record significant growth during the study period, mainly due rising trend of house barbecue parties. Whereas, Asia-Pacific market is slated to amass huge returns over 2020-2027, owing to rising disposable income of individuals, and increasing population in the region.
Major players operating in global charcoal BBQ industry sphere include Weber-Stephen Products LLC, The Medina River Co., Cuisinart (owned by Conair Corporation), Texas BB Grills, PKL Group, Cajun Classic Cookware, Blaze Outdoor Products, Kay Home Products Inc., Picnic Time Inc., and BroilKing Corp.