Electric Grill Market to Witness 5.6% CAGR, Envisioned to Hit USD...

Electric Grill Market to Witness 5.6% CAGR, Envisioned to Hit USD 3.72 Billion by 2029

Posted 2024-01-17 12:50:49

Electric Grill Market Scope and Research Methodology

The market study of the Electric Grill Industry provides a thorough analysis of competition, encompassing market share and company profiles of major global competitors. The research scope includes a comprehensive examination of the Electric Grill Market and an exploration of factors contributing to industry growth variations across different regions.

Following the completion of market engineering, which involved computations of market statistics, size estimations, forecasts, breakdowns, and data triangulation, extensive primary research was conducted to gather, verify, and validate crucial information. Top-down and bottom-up tactics, along with various data triangulation methods, were employed in market estimating and forecasting for overall market segments and sub-segments. The market engineering process involved extensive qualitative and quantitative analysis of all acquired data to provide essential insights throughout the report.

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Electric Grill Market Segmentation:

The global electric grill market is segmented into several categories, each representing distinct characteristics and target demographics. In terms of grill type, tabletop electric grills have garnered the largest market share. These compact and portable grills are ideal for small outdoor spaces or tabletop use, appealing to urban dwellers and outdoor enthusiasts seeking convenience and mobility. Among fuel sources, plug-in electric grills hold the dominant market share, benefiting from their direct connection to an electrical outlet, ensuring consistent power supply and ease of use. In the price range segment, mid-range electric grills have captured the largest market share. Positioned at a moderate price point, these grills offer additional features, larger cooking surfaces, and a balance between affordability and functionality, attracting a wide range of consumers. When it comes to target consumers, urban dwellers represent the largest segment.

by Grill Type

Tabletop Electric Grills
Built-in Electric Grills
Indoor Electric Grills

by Fuel Source

Plug-in Electric Grills
Battery-Powered Electric Grills

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Electric Grill Market Key Players:

1. Black & Decker
2. Hamilton Beach
3. George Foreman
4. Ninja
5. Char-Broil
6. Weber
7. Cuisinart
8. Tefal
9. Panasonic
10. Breville
11. Gourmia
12. Salter
13. Morphy Richards
14. Russell Hobbs
15. Oster

Regional Analysis:

The Electric Grill market analysis regional overview covers individual market influencing factors and changes in market regulations affecting current and future trends. The study of current and future trends aims to assess overall market potential and identify profitable patterns for a stronger market position. Geographical market evaluation is based on the existing environment and anticipated trends.

COVID-19 Impact Analysis on Electric Grill Market:

The disruption in operations led to a decline in growth for end-user sectors utilizing Electric Grill from January 2020 to May 2020 in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. Consequently, enterprises in these industries experienced significant revenue reductions, impacting the demand for Electric Grill manufacturers and influencing the growth of the Electric Grill market in 2020. Global lockdowns and a surge in COVID-19 cases substantially reduced end-user business demand for Electric Grill .

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