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Residential Cooking Grills Market, Innovations, and portfolio extensions leading to product premiumization to boost market growth- Technavio – PR Newswire





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Sep 05, 2022, 07:35 ET
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NEW YORK, Sept. 5, 2022 /PRNewswire/ — The residential cooking grills market size is expected to grow by USD 1.75 billion during 2021-2026, at a CAGR of 4.22% during the forecast period. The report extensively covers the residential cooking grills market segmentation by product (gas cooking grills, charcoal cooking grills, and electric cooking grills), application (outdoor cooking grills and indoor cooking grills), and geography (North America, APAC, Europe, South America, and the Middle East and Africa). 

The market is driven by innovations and portfolio extensions leading to product premiumization. In addition, the growing online sales are anticipated to boost the growth of the Residential Cooking Grills Market. Buy Sample Report.
Major Residential Cooking Grills Companies:
Technavio’s sample reports contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
The gas cooking grills segment will significantly increase its market share in the residential cooking grills market. Gas grilling is incredibly quick and convenient for cooking food. Gas grills for homes are controlled by twisting a regulated knob. Outdoor areas also make use of gas barbecues. During the projection period, demand for gas grills is anticipated to rise due to their low maintenance requirements. Download Free Sample Report.
One of the major market trends for home cooking grills that are anticipated to have a favorable impact on the sector over the projected period is an increase in online sales. The global business-to-consumer e-commerce market was estimated to be worth USD 3.5 trillion as of 2021.
Several well-known manufacturers of domestic cooking grills, including Weber-Stephen Products, The Coleman Company, Char-Broil, and Napoleon Grills, sell their products through independent online retailers including Amazon.com and Alibaba Group. Consumers of domestic cooking grills may shop online for several reasons, such as the following:
Air Ionizer Market by End-user and Geography – Forecast and Analysis 2022-2026: The air ionizer market share is expected to increase by USD 900.2 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.14%.
Insulated Storage Vessel Market by Distribution Channel, Material, and Geography – Forecast and Analysis 2022-2026: The insulated storage vessel market share is expected to increase to USD 1.46 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.86%.
Residential Cooking Grills Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: The residential cooking grills market share is expected to increase to USD 1.75 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.22%.
Residential Cooking Grills Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 4.22%
Market growth 2022-2026
$ 1.75 billion
Market structure
Fragmented
YoY growth (%)
3.47
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 30%
Key consumer countries
US, Australia, China, Germany, and the UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Bull Outdoor Products Inc., De Longhi S.p.A, Groupe SEB, Koninklijke Philips NV, Modern Home Products Corp., Newell Brands Inc., Onward Manufacturing Company Ltd., RH Peterson Co., Robert Bosch GmbH, Spectrum Brands Holdings Inc., Sub Zero Group Inc., The Middleby Corp., Traeger Inc., Transform SR Brands LLC, W.C. Bradley Co., Weber Stephen Products HK Ltd., Whirlpool Corp., and Wolf Steel LTD.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse for Technavio “Consumer Discretionary” Research Reports
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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