Electric Grill Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Electric Grill Market was worth USD 4 billion in 2023 and will register a 5.2% CAGR between 2024 and 2032, attributed to innovations in electric grill technology and the growing popularity of indoor cooking. Advances such as improved heating elements, precise temperature controls, and non-stick surfaces enhance grilling performance and convenience. As more consumers seek practical solutions for indoor cooking, especially in urban settings with limited outdoor space, electric grills become increasingly appealing. These technological improvements and the trend toward home-based cooking are driving market growth by offering efficient, versatile, and user-friendly grilling options.

The electric grill industry is classified based on product type, voltage, price range, application, end-user, distribution channel, and region.

The portable segment generated over USD 2.2 billion in 2023 and will reach USD 3.5 billion by 2032. With the rising popularity of outdoor and recreational activities like camping and tailgating, portable electric grills have become a preferred choice for convenient cooking. The Outdoor Industry Association reported a 7.1% increase in outdoor activity participation in 2023, underscoring the growing demand for portable cooking solutions. These grills appeal to consumers who value compactness and portability while delivering high performance, and their convenience, including the ability to grill without traditional fuel sources, further drives market growth.

The indoor electric grill segment held USD 2.6 billion in 2023 and will accumulate USD 4 billion by 2032, driven by increasing consumer preference for indoor grilling appliances that do not require outdoor spaces or traditional fuel sources. With urbanization and shrinking living spaces, indoor electric grills offer a practical solution for those lacking outdoor grilling options. The National Association of Home Builders reports that more than 60% of new urban homes lack outdoor grilling spaces, underscoring the demand for indoor alternatives. These grills provide year-round access to grilled foods, meeting the needs of modern households.

Europe captured USD 1.2 billion in 2023, with expectations to reach USD 1.8 billion by 2032. European consumers are increasingly seeking convenient and innovative cooking solutions, driven by shrinking living spaces and varying climatic conditions. This trend has heightened interest in electric grills, valued for their ease of use and versatility. Additionally, the growing focus on health and wellness is leading Europeans to prefer appliances that support low-fat cooking. The European Committee of Domestic Equipment Manufacturers (CECED) reports a notable rise in demand for energy-efficient appliances, with advancements in temperature control and energy efficiency further accelerating market growth.

Product Code: 4932

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2018 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising demand for convenient cooking
  - 3.2.1.2 Technological advancements
  - 3.2.1.3 Rise in disposable income
  - 3.2.1.4 Heightened focus on health and wellness
- 3.2.2 Industry pitfalls and challenges
  - 3.2.2.1 Competition from traditional grilling methods
  - 3.2.2.2 High initial cost
3.3 Technology and innovation landscape
3.4 Consumer buying behaviour analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
3.5 Growth potential analysis
3.6 Regulatory landscape
3.7 Pricing analysis
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2032, (USD Billion) (Million Units)

5.1 Key trends
5.2 Portable
5.3 Built-in

Chapter 6 Market Estimates and Forecast, By Voltage, 2021 - 2032, (USD Billion) (Million Units)

6.1 Key trends
6.2 Up to 150 Volts
6.3 151 -250 Volts
6.4 251 -300 Volts
6.5 More than 300 Volts

Chapter 7 Market Estimates and Forecast, By Price Range, 2021 - 2032, (USD Billion) (Million Units)

7.1 Key trends
7.2 Low
7.3 Medium
7.4 High

Chapter 8 Market Estimates and Forecast, By Application, 2021 - 2032, (USD Billion) (Million Units)

8.1 Key trends
8.2 Indoor
8.3 Outdoor

Chapter 9 Market Estimates and Forecast, By End User, 2021 - 2032, (USD Billion) (Million Units)

9.1 Key trends
9.2 Residential
9.3 Commercial

Chapter 10 Market Estimates and Forecast, By Distribution Channel, 2021 - 2032, (USD Billion) (Million Units)

10.1 Key trends
10.2 Online
10.3 Offline

Chapter 11 Market Estimates and Forecast, By Region, 2021 - 2032, (USD Billion) (Million Units)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 Australia
- 11.4.5 South Korea
- 11.4.6 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 South Africa
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

12.1 Black+Decker
12.2 Breville
12.3 Char-Broil
12.4 Cuisinart
12.5 Delonghi
12.6 George Foreman
12.7 Gotham Steel
12.8 Hamilton Beach
12.9 Kenmore
12.10 Krups
12.11 Philips
12.12 Tefal (a brand of Groupe SEB)
12.13 T-fal
12.14 Weber
12.15 Wolf Gourmet