ELECTRIC GRILL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

The electric grill market has been witnessing significant growth over the years, driven by the increasing preference for convenient and hassle-free cooking solutions. Electric grills offer numerous advantages, such as easy maintenance, quick heating, and smokeless operation, making them a popular choice for both indoor and outdoor cooking. With advancements in technology and design, electric grills have become more efficient and versatile, catering to the evolving needs and preferences of consumers.

Market Dynamics:

The electric grill market is primarily driven by several factors. Firstly, the growing trend of healthy eating habits and the preference for grilled food are propelling the demand for electric grills. Electric grills are known for their ability to cook food with reduced fat content, making them ideal for health-conscious individuals. Additionally, the ease of use and convenience offered by electric grills, as compared to traditional grilling methods, is further fueling market growth.

However, there are certain restraints that hinder the market's growth. One of the main challenges is the high initial cost associated with electric grills compared to traditional grills. Moreover, the limited cooking capacity of electric grills may deter potential buyers, particularly those with larger households or who frequently host outdoor gatherings.

Nevertheless, the electric grill market presents promising opportunities for growth. The increasing focus on outdoor recreational activities, such as camping and picnics, along with the rising popularity of backyard cooking, are expected to drive the demand for portable electric grills. Furthermore, the introduction of advanced features, such as temperature control and smart connectivity, is likely to attract tech-savvy consumers and further expand the market.

Key Features of the Study:

• This report provides in-depth analysis of the global electric grill market, including market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), with 2023 as the base year
• It elucidates potential revenue opportunities across different segments and offers attractive investment proposition matrices for the market
• This study provides key insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• Key players covered in this study include Weber, Coleman, George Foreman, Traeger, Masterbuilt, Green Mountain Grills, Char-Broil, Kenyon, Camp Chef, Blackstone, Hamilton Beach, TEC, Excelvan, Zojirushi, Delonghi, Brentwood, Fuego, PowerXL, Elite Platinum, and Cuisinart
• Insights from this report would enable marketers and management authorities to make informed decisions regarding product launches, upgrades, market expansion, and marketing tactics
• The global electric grill market report caters to various stakeholders in the industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders can benefit from the various strategy matrices used in analyzing the global electric grill market, facilitating ease in decision-making.

Electric Grill Market Segmentation:

• Electric Grill Market, By Type
• • Indoor Electric Grills
  • Outdoor Electric Grills
  • Hybrid Electric Grills
  • Portable Electric Grills
  • Others (Built-in, Tabletop etc.)
• Electric Grill Market, By Power Source
• • Corded Electric Grills
  • Cordless Electric Grills
  • Hybrid Electric Grills
• Electric Grill Market, By Temperature Control
• • Fixed Temperature Electric Grills
  • Adjustable Temperature Electric Grills
• Electric Grill Market, By Material Type
• • Stainless Steel Electric Grills
  • Cast Iron Electric Grills
  • Non-Stick Coated Plates
  • Chrome Plated Grates
  • Porcelain Enameled Grates
  • Others (Aluminum, Ceramic etc.)
• Electric Grill Market, By Application
• • Residential Electric Grills
  • Commercial Electric Grills
• Electric Grill Market, By Distribution Channel
• • Offline Stores
  • Online Stores
  • Others
• Electric Grill Market, By Region
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Top companies in Electric Grill Market:
• • Weber
  • Coleman
  • George Foreman
  • Traeger
  • Masterbuilt
  • Green Mountain Grills
  • Char-Broil
  • Kenyon
  • Camp Chef
  • Blackstone
  • Hamilton Beach
  • TEC
  • Excelvan
  • Zojirushi
  • Delonghi
  • Brentwood
  • Fuego
  • PowerXL
  • Elite Platinum
  • Cuisinart