Report : Asia Pacific Gas Barbecue Grills Market Forecast to 2030 - Regional Analysis - by Type (Built-in and Freestanding) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
At 6.1% CAGR, Asia Pacific Gas Barbecue Grills Market is Projected to be Worth US$ 1,035.57 Million by 2030, says Business Market Insights
According to Business Market Insights' research, the Asia Pacific gas barbecue grills market was valued at US$ 645.77 million in 2022 and is expected to reach US$ 1,035.57 million by 2030, registering a CAGR of 6.1% from 2022 to 2030. Increasing spending on kitchen appliances by consumers and strategic initiatives by market players are among the critical factors attributed to the Asia Pacific gas barbecue grills market expansion.
The sales of different cooking appliances, including barbecue grills, are increasing in various countries across the globe. This significant increase in sales is attributed to the rising standard of living, shifting consumer preferences toward convenient and technologically advanced cooking products, and increasing disposable income. Consumers are highly spending on barbecue grills, as grilling is the most convenient way of cooking. Also, other advantages such as quick cook times, ease of use, and others are also boosting the demand for barbecue grills. For barbecue grills, temperature and flame size are easily controlled by knobs on the front of the grill. The ease of temperature control is highly important when cooking as the easily adjustable temperature of a gas grill helps prevent food from burning. In addition, by using grills, consumers can grill pork, fish, chicken, burger patties, and vegetables and add variety to their grilled menu. Moreover, barbecue grills are portable, which enables people to carry them to different places. Due to all these benefits, consumers are highly spending on gas barbecue grills.
Further, many barbecue grill manufacturers have been offering their products to consumers with many advanced functionalities. Many gas barbecue grill manufacturers are offering products with a lifetime warranty for burners, cooking grids, exterior housing, and flame tamers. Owing to all these benefits, consumers are increasingly spending on different barbecue grills, driving the growth of the Asia Pacific gas barbecue grills market.
On the contrary, availability of alternative products hampers the growth of Asia Pacific gas barbecue grills market.
Based on type, the Asia Pacific gas barbecue grills market is bifurcated into built-in and freestanding. The freestanding segment held 77.3% share of the Asia Pacific gas barbecue grills market in 2022, amassing US$ 498.99 million. It is projected to garner US$ 806.32 million by 2030 to expand at 6.2% CAGR during 2022-2030.
In terms of distribution channel, the Asia Pacific gas barbecue grills market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 46.1% share of the Asia Pacific gas barbecue grills market in 2022, amassing US$ 297.86 million. It is estimated to garner US$ 470.05 million by 2030 to expand at 5.9% CAGR during 2022-2030.
Based on country, the Asia Pacific gas barbecue grills market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific Japan held 37.3% share of Asia Pacific gas barbecue grills market in 2022, amassing US$ 240.87 million. It is projected to garner US$ 365.04 million by 2030 to expand at 5.3% CAGR during 2022-2030.
Key players operating in the Asia Pacific gas barbecue grills market are The Coleman Co Inc, Bull Outdoor Products Inc, Lynx Gills Inc, Sitro Group Australia Pty Ltd, Nexgrill Industries Inc, RH Peterson Co, Ningbo Huige Outdoor Products Co Ltd, Sub-Zero Group Inc, and Weber Inc, among others.
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