PUBLISHER: TechNavio | PRODUCT CODE: 1559438
PUBLISHER: TechNavio | PRODUCT CODE: 1559438
The residential electric grill market is forecasted to grow by USD 423 mn during 2023-2028, accelerating at a CAGR of 5.68% during the forecast period. The report on the residential electric grill market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for grilled food, growing focus on sustainability in cooking process, and rising popularity of residential electric grills.
Technavio's residential electric grill market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.22% |
CAGR | 5.68% |
Incremental Value | $423 mn |
By Application
By Distribution Channel
By Geographical Landscape
This study identifies the technological advancements in modern residential electric grills as one of the prime reasons driving the residential electric grill market growth during the next few years. Also, innovative marketing strategies adopted by vendors and growing focus on customization of residential electric grill will lead to sizable demand in the market.
The report on the residential electric grill market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential electric grill market vendors that include AB Electrolux, Brandt Group, Breville Group Ltd., Char Broil LLC, Cuisinart, De Longhi S.p.A, ELAG Products GmbH, Hamilton Beach Brands Holding Co., HIFI international S.A., Kenyon International Inc., Koninklijke Philips N.V., Le Griddle U.S., Masterbuilt Manufacturing LLC, Meco Corp., ROLLER GRILL INTERNATIONAL SAS, SEB Developpement SA, SEVERIN Elektrogerate GmbH, Weber Stephen Products HK Ltd., Wolf Steel Ltd., and Zojirushi America Corp. Also, the residential electric grill market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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