Press release
Outdoor Cooking Equipment Market share, Market trends, and forecasts from 2024 to 2031.
Market Overview and Report CoverageOutdoor cooking equipment includes various products such as grills, smokers, outdoor stoves, and fire pits that are used for cooking food outdoors. The market for outdoor cooking equipment is experiencing steady growth and is expected to continue to expand at a CAGR of 7.30% during the forecasted period.
The increasing popularity of outdoor activities such as camping, barbecues, and picnics, coupled with the rising trend of outdoor living spaces, is driving the demand for outdoor cooking equipment. Consumers are increasingly investing in high-quality and durable outdoor cooking equipment to enhance their outdoor cooking experience.
Moreover, advancements in technology and innovation in outdoor cooking equipment are boosting market growth. Manufacturers are developing new products with advanced features such as temperature control, smart connectivity, and energy efficiency, catering to the evolving preferences of consumers.
The future outlook for the outdoor cooking equipment market remains positive, with a growing number of consumers seeking outdoor cooking solutions for leisure activities and outdoor entertaining. The market is expected to witness further growth driven by increasing disposable income, changing consumer lifestyles, and a growing appreciation for outdoor living.
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Market Segmentation
The Outdoor Cooking Equipment Market Analysis by types is segmented into:
• Outdoor Grills
• Outdoor Smokers
• Outdoor Stoves
• Outdoor Fryers & Boilers
• Others
The outdoor cooking equipment market can be categorized into various types including outdoor grills, smokers, stoves, fryers & boilers, and others. Outdoor grills are popular for barbecuing, smoking is used for slow cooking meats, stoves are versatile for various cooking methods, fryers & boilers are ideal for deep-frying and boiling, and other equipment includes pizza ovens, fire pits, and outdoor cookware. Each type of outdoor cooking equipment caters to different cooking techniques and preferences for outdoor culinary experiences.
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The Outdoor Cooking Equipment Market Industry Research by Application is segmented into:
• Offline Sales
• Online Sales
The outdoor cooking equipment market caters to both offline and online sales channels. Offline sales involve the traditional brick-and-mortar stores where customers can physically browse and purchase products. On the other hand, online sales refer to the increasing trend of consumers buying outdoor cooking equipment through internet platforms. Both channels offer a variety of products, promotions, and convenient shopping experiences to meet the demands of consumers looking for quality outdoor cooking equipment options.
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In terms of Region, the Outdoor Cooking Equipment Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Outdoor Cooking Equipment market?
The global outdoor cooking equipment market is experiencing several emerging trends. One trend is the growing popularity of versatile and multi-functional cooking equipment that allows users to grill, smoke, roast, and bake all in one device. Another trend is the increasing demand for eco-friendly and energy-efficient outdoor cooking equipment, driven by consumers' focus on sustainability and environmental impact. Additionally, smart outdoor cooking equipment with features like Wi-Fi connectivity, app control, and voice activation are gaining traction among tech-savvy consumers. Lastly, the rise of outdoor cooking as a social activity has led to a demand for larger and more feature-rich equipment for entertaining.
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Major Market Players
One of the key players in the outdoor cooking equipment market is Middleby Corporation, a global leader in the foodservice equipment industry. Middleby has a long history of providing high-quality cooking equipment to commercial and residential customers. The company has experienced steady growth in recent years, expanding its product offerings and reaching new markets worldwide.
Another major player in the market is Bull Outdoor Products, known for its premium grills and outdoor kitchen appliances. Bull has built a strong reputation for innovation and quality, attracting a loyal customer base. The company has seen significant market growth as consumers increasingly seek high-end outdoor cooking solutions for their homes.
Electrolux, a well-known household appliance manufacturer, also has a presence in the outdoor cooking equipment market. The company's outdoor grills and cooking appliances offer a combination of performance and style, appealing to a wide range of customers. Electrolux has continued to invest in its outdoor cooking product line, further expanding its market reach.
In terms of sales revenue, Middleby Corporation reported total net sales of $2.3 billion in 2020. Bull Outdoor Products, on the other hand, generated estimated sales revenue of $100 million in the same year. Electrolux's sales revenue for outdoor cooking equipment is not separately disclosed, as it is part of the company's broader home appliances segment.
Overall, the outdoor cooking equipment market is highly competitive, with strong players like Middleby, Bull, and Electrolux driving innovation and growth in the industry. As consumer demand for outdoor cooking solutions continues to rise, these companies are well-positioned to capitalize on opportunities and expand their market presence.
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Contact Us:
Name: Mahesh Patel
Phone: +1 507 500 7209
Email: sales@reportprime.com
At ReportPrime.com, our vision is to revolutionize the market research industry by delivering unprecedented value to our clients through our audacious goal of providing unparalleled research quality, ethical practices, and affordability. We strive to empower businesses of all sizes with actionable, accurate, and unbiased insights that inform strategic decision-making, drive growth and innovation. We are committed to fostering a culture of excellence, integrity, and transparency, and to fostering lasting partnerships with our clients through affordability and dedicated client servicing.
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