Electric Grill Market Size, Share & Trends Analysis Report By Product (Electric Smokers, Electric Griddles), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2019 - 2025

Published: Apr, 2019 | Pages: 175 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global electric grill market size is expected to reach USD 5.21 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% during the forecast period. Several factors including shifting preference for at-home grilling system as well as fulfilling leisure time in cooking activities on account of increasing interest for experimental cooking is expected to drive the market.

Barbecuing has evolved beyond just a pastime and has become an integral part of consumer lifestyle, owing to the changing lifestyle attributed to rising disposable income. The passion for adding flavors to food as well as entertaining family and friends, is gaining a prominent share in developing the market for electric grills. According to the Hearth, Patio & Barbecue Association (HPBA), in July 2017, 72% of consumers opted for flavor, 52% opted for lifestyle, and 40% consumers opted for entertainment as their source of grilling food at home. In addition, factors such as convenience, accounted for 33%, hobby accounted for 19%, flexibility accounted for 18% and health accounted for 18% as well in North American.

The prominence of charcoal grills and gas grills is likely to affect the sales of electric grills in near future. The preference of consumers to add authentic taste and coal flavor particularly among the baby boomers generation is likely to drive the market. Although, the increasing occurrence of fire damages by these dominant grilling products is expected to drive the consumers towards electric grill appliances.

Growing demand for residential application is witnessed in Asia Pacific and Africa. The changing lifestyle of consumers, particularly in the developing economies, has led to growth in sales of the product. Increasing consumption of street food in countries, such as China and Japan are expected to propel the regional growth. Street food comprises the best available food in China and people prefer to add natural fiery taste to their food.

The commercial application led the global as well as North America market. The vast market for grilled food owing to its natural taste and associated health benefits prevail in countries like U.S. and Canada. Moreover, according to the HPBA, 35% of U.S. consumers planned to purchase a new grill or smoker in 2017. Most of the buyers are likely to replace or upgrade their current grill appliance.

Further key findings from the report suggest:

• In terms of revenue, electric griddles t is projected to ascend at a CAGR of 5.4% from 2019 to 2025

• Commercial application led the global market with an overall revenue share of over 57.2% in 2018

• North America led the global electric grill market in 2018, which constituted for 34.8% of revenue share

• The market is highly competitive in nature with the main players including The Middleby Corp., Taylor Company, Roller Grill International, The Holland Grill Company Inc., Dimplex North America Limited. Various manufacturers are concentrating on new product launches, focusing on product differentiation and technological advancements.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights

Chapter 3. Electric Grill Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Electric Grill Market
                  3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations

Chapter 5. Investment Outlook
                  5.1. Penetration & Growth Assessment
                  5.2. Challenges: Adoption, Manufacturing, Technology
                  5.3. Key Competition Analysis: Market Leaders & Emerging Players
                  5.4. Observations & Recommendations 

Chapter 6. Electric Grill Market: Product Estimates & Trend Analysis
                  6.1. Product Movement Analysis & Market Share, 2018 & 2025
                  6.2. Electric Smokers
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Electric Griddles
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 7. Electric Grill Market: Application Estimates & Trend Analysis
                  7.1. Application Movement Analysis & Market Share, 2018 & 2025
                  7.2. Residential
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  7.3. Commercial
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 8. Electric Grill Market: Regional Estimates & Trend Analysis
                  8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  8.2. North America
                      8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      8.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      8.2.4. U.S.
                          8.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  8.3. Europe
                      8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      8.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million))
                      8.3.4. U.K.
                          8.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  8.4. Asia Pacific
                      8.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      8.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      8.4.4. China 
                          8.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      8.4.5. India
                          8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      8.4.6. Japan
                          8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.4.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.4.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  8.5. Central & South America
                          8.5.1.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.5.1.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.5.1.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      8.5.2. Brazil
                          8.5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.5.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          8.5.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  8.6. Middle East & Africa (MEA)
                      8.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      8.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)

Chapter 9. Competitive Analysis
                  9.1. Key global players, recent developments & their impact on the industry
                  9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  9.3. Vendor Landscape
                      9.3.1. List of key distributors and channel partners
                      9.3.2. Key company market share analysis, 2018
                  9.4. Public Companies
                      9.4.1. Company market position analysis 
                      9.4.2. Synergy Analysis: Major Deals & Strategic Alliances
                      9.4.3. SWOT 
                  9.5. Private Companies 
                      9.5.1. List of key emerging companies/technology disruptors/innovators 
                      9.5.2. Geographical Presence
                      9.5.3. Company market position analysis

Chapter 10. Company Profiles
                  10.1. Weber-Stephen Products LLC
                      10.1.1. Company Overview
                      10.1.2. Financial Performance
                      10.1.3. Product Benchmarking
                      10.1.4. Strategic Initiatives
                  10.2. The Middleby Corp.
                      10.2.1. Company Overview
                      10.2.2. Financial Performance
                      10.2.3. Product Benchmarking
                      10.2.4. Strategic Initiatives
                  10.3. Taylor Company
                      10.3.1. Company Overview
                      10.3.2. Financial Performance
                      10.3.3. Product Benchmarking
                      10.3.4. Strategic Initiatives
                  10.4. Roller Grill International
                      10.4.1. Company Overview
                      10.4.2. Financial Performance
                      10.4.3. Product Benchmarking
                      10.4.4. Strategic Initiatives
                  10.5. The Holland Grill Company Inc.
                      10.5.1. Company Overview
                      10.5.2. Financial Performance
                      10.5.3. Product Benchmarking
                      10.5.4. Strategic Initiatives
                  10.6. Dimplex North America Limited
                      10.6.1. Company Overview
                      10.6.2. Financial Performance
                      10.6.3. Product Benchmarking
                      10.6.4. Strategic Initiatives
                  10.7. DeLonghi SpA
                      10.7.1. Company Overview
                      10.7.2. Financial Performance
                      10.7.3. Product Benchmarking
                      10.7.4. Strategic Initiatives
                  10.8. The Coleman Company, Inc.
                      10.8.1. Company Overview
                      10.8.2. Financial Performance
                      10.8.3. Product Benchmarking
                      10.8.4. Strategic Initiatives
                  10.9. Midea Group.
                      10.9.1. Company Overview
                      10.9.2. Financial Performance
                      10.9.3. Product Benchmarking
                      10.9.4. Strategic Initiatives
                  10.10. RH Peterson Co.
                      10.10.1. Company Overview
                      10.10.2. Financial Performance
                      10.10.3. Product Benchmarking
                      10.10.4. Strategic Initiatives

List of Tables

1. Electric Grill - Key market driver analysis
2. Electric Grill - Key market restraint analysis
3. Global electric smokers market estimates and forecast, 2015 - 2025 (USD Million)
4. Global electric griddles market estimates and forecast, 2015 - 2025 (USD Million)
5. Global residential market estimates and forecast, 2015 - 2025 (USD Million)
6. Global commercial market estimates and forecast, 2015 - 2025 (USD Million)
7. North America electric grill market estimates and forecast, 2015 - 2025 (USD Million)
8. North America electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
9. North America electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
10. U.S. electric grill market estimates and forecast, 2015 - 2025 (USD Million)
11. U.S. electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
12. U.S. electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
13. Europe electric grill market estimates and forecast, 2015 - 2025 (USD Million)
14. Europe electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
15. Europe electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
16. U.K electric grill market estimates and forecast, 2015 - 2025 (USD Million)
17. U.K electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
18. U.K electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
19. Asia Pacific electric grill market estimates and forecast, 2015 - 2025 (USD Million)
20. Asia Pacific electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
21. Asia Pacific electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
22. China electric grill market estimates and forecast, 2015 - 2025 (USD Million)
23. China electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
24. China electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
25. Japan electric grill market estimates and forecast, 2015 - 2025 (USD Million)
26. Japan electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
27. Japan electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
28. India electric grill market estimates and forecast, 2015 - 2025 (USD Million)
29. India electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
30. India electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
31. Central & South America electric grill market estimates and forecast, 2015 - 2025 (USD Million)
32. Central & South America electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
33. Central & South America electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
34. Brazil electric grill market estimates and forecast, 2015 - 2025 (USD Million)
35. Brazil electric grill market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
36. Brazil electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
37. MEA electric grill market estimates and forecast, 2015 - 2025 (USD Million)
38. MEA electric grill market revenue estimates and forecast by product, 2015- 2025 (USD Million)
39. MEA electric grill market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
40. Vendor landscape

List of Figures

1. Electric grill market snapshot 
2. Electric grill market segmentation & scope
3. Electric grill market penetration & growth prospect mapping
4. Electric grill value chain analysis
5. Electric grill market dynamics
6. Electric grill market Porter's analysis 
7. Electric grill market: Product movement analysis 
8. Electric grill market: Application movement analysis 
9. Electric grill market: Regional movement analysis