PUBLISHER: The Business Research Company | PRODUCT CODE: 1429895
PUBLISHER: The Business Research Company | PRODUCT CODE: 1429895
Outdoor kitchen appliances refer to the accessories and devices utilized in outdoor kitchens integrated into outdoor living spaces. These items are crucial for facilitating convenient cooking and are offered in a variety of designs.
The primary categories of outdoor kitchen appliances include cooking fixtures, islands and storage units, refrigeration units, range hoods, sinks and faucets, and other related products. Kitchen fixtures are appliances that are affixed to the kitchen and employed for cooking and food preparation, serving both residential and commercial purposes. These appliances are made available through diverse distribution channels, encompassing both offline and online avenues, and find applications in various settings, including residential and commercial environments.
The outdoor kitchen appliances market research report is one of a series of new reports from The Business Research Company that provides outdoor kitchen appliances market statistics, including outdoor kitchen appliances industry global market size, regional shares, competitors with an outdoor kitchen appliances market share, detailed outdoor kitchen appliances market segments, market trends and opportunities and any further data you may need to thrive in the outdoor kitchen appliances industry. This outdoor kitchen appliances market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The outdoor kitchen appliances market size has grown strongly in recent years. It will grow from $6.33 billion in 2023 to $6.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The expansion observed in the historical period can be attributed to robust economic growth in emerging markets, a surge in the popularity of home renovations, increased participation in outdoor activities, a rise in the trend of cookouts, and an increase in disposable incomes.
The outdoor kitchen appliances market size is expected to see strong growth in the next few years. It will grow to $8.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The anticipated growth in the forecast period can be attributed to factors such as the increasing number of hotels and restaurants, the growing popularity of outdoor living spaces, a rising population, and rapid urbanization. Key trends expected in this period encompass the prominence of premium products, as well as a focus on strategic partnerships and collaborations.
The substantial growth of the outdoor kitchen appliances market is significantly influenced by the increasing preference for outdoor parties and recreational activities. These events, involving social gatherings, family reunions, and outdoor festivities, have witnessed a surge in attendance. Outdoor kitchen appliances play a crucial role in facilitating cooking and convenience during such outdoor gatherings, leading to a heightened demand for these appliances. Notably, a report from the Outdoor Industry Association in January 2022 highlighted a 2.2% increase in outdoor party attendance, reaching 164.2 million participants-a 6.9% rise since March 2020. Consequently, the growing inclination towards outdoor recreational activities is a key driver for the outdoor kitchen appliances market.
The projected growth of the outdoor kitchen appliances market is also driven by the increasing number of hotels and restaurants. Changing lifestyles and evolving consumer preferences have fueled the expansion of the hospitality sector. The rising popularity of outdoor dining establishments aligns with the sector's efforts to meet the growing expectations of customers seeking unique experiences. This trend is expected to result in a heightened demand for outdoor kitchen appliances. As per EHL Insights, the hotel and food services sector expanded by 8.6% in February 2022, indicating a positive trajectory for the outdoor kitchen appliances market.
A prominent trend in the outdoor kitchen appliances market is the emphasis on product innovations. Leading companies in the cooking and kitchen appliances sector are dedicated to developing innovative products to enhance their market position. For example, RTA Outdoor Living introduced a Modular Outdoor Kitchen System (MOKS) in May 2021. This system enables customers to choose designs and effortlessly assemble ready-made outdoor kitchens, featuring patent-pending interlocking channels for quick and intuitive assembly without the need for a contractor.
Major players in the outdoor kitchen appliances market are strategically focusing on new product launches to diversify their product portfolios and drive revenue. Dometic, a Sweden-based company, expanded its premium outdoor kitchens in February 2023 with the introduction of the E-Series and D-Series versions. These products, available in freestanding and built-in drawer formats, offer accurate cooling in a stylish stainless steel design, complementing any outdoor kitchen. The additions include features such as zero-clearance hinges for seamless integration, reversible door openings, precise temperature control, consistent airflow, ergonomic handles, and blue LED lighting for enhanced visibility.
In December 2021, The Middleby Corporation, a US-based industrial process equipment company, acquired Char-Griller to strengthen its product portfolio in backyard cooking. Char-Griller, known for manufacturing residential outdoor charcoal and gas cooking products, contributes to Middleby's expansion in the outdoor market, catering to the growing community of backyard cooking enthusiasts.
Major companies operating in the outdoor kitchen appliances market report are Weber Inc., R.H. Peterson Co, Traeger, Inc., Napoleon, The Middleby Corporation,NexGrill Industries, Inc., The Coleman Company Inc., Char-Broil LLC, Kalamazoo Outdoor Gourmet, Bull Outdoor Products Inc., Prestige, Wonderchef, Ziegler & Brown, BeefEater, Gasmate, Royal Gourmet, KingCamp, Morphy Richards, Landmann, Dancook, Outback, Rosle, Tepro, Barbecook, Campingaz, Cook'in Garden, Forge Adour, Le Marquier, Alfa 1977, Delizia, Valoriani, Forni Ceky, Cuppone, Palazzetti, Gardenmax, Kamin-Grill, BURNHARD, Drevona, King Griller, Tupperware, Masterbuilt, Broil King, Newell Brands, Williams-Sonoma, Inc., Middleby, Brown Jordan Outdoor Kitchens, Danver Outdoor Kitchens, The Outdoor Kitchen Collective Ltd., Cadac
North America was the largest region in the outdoor kitchen appliances market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the outdoor kitchen appliances market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the outdoor kitchen appliances market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The outdoor kitchen appliances market consists of sales of outdoor kitchen appliances and their types such as grills, warming drawers, side burners, dishwashers and storage units. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Outdoor Kitchen Appliances Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on outdoor kitchen appliances market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for outdoor kitchen appliances? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The outdoor kitchen appliances market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.