Outdoor Kitchen Appliances Market Sales to Hit $ 11 Mn by

SELBYVILLE, Del., Aug. 9, 2022 (GLOBE NEWSWIRE) —

According to the latest research study by Global Market Insights Inc., sales of outdoor kitchen appliances will reach $11 million by 2030. The industry is expected to grow with the increasing sales of products such as outdoor refrigerators, sinks, faucets, grills and more hoods. Furthermore, technological breakthroughs and increasing R&D spending by manufacturers could be some of the major factors driving the adoption of smart kitchen appliances.

The average disposable income of the world population is growing steadily, which allows them to increase spending on smart kitchen appliances. More and more customers are doing home renovations to improve aesthetics, thereby encouraging the installation of outdoor gear. Outdoor leisure cooking activities, such as cookouts, are on the rise in regions such as North America and Asia Pacific. Also, the expanding chain of restaurants specializing in BBQ will further increase the market demand for outdoor cooking equipment.

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The study estimates that offline distribution channels will dominate around 80% of the global outdoor kitchen appliance market in 2021. Widespread access to brick-and-mortar outlets for home appliances and equipment has bolstered industry trends. However, the demand for convenient online platforms has picked up steam in both developed and emerging markets, which could gradually change the industry dynamics.

According to the new report, the global industry share of outdoor kitchen appliances from range hood segment exceeded US$400 million in 2021. The demand for outdoor kitchen range hoods is increasing due to the growing sales of outdoor grills. Consumers are investing in advanced range hoods to maintain cleanliness and ventilation in kitchens, which in turn ensures customer safety. Leading European companies such as Elica, Faber, Falmec and Broan-NuTone use this trend to develop new and innovative cooker hoods and increase their competitive advantage.

Global Market Insights Inc. study predicts that the market size for outdoor kitchen appliances in Europe will reach more than 9% CAGR over the period 2022-2030. The growing popularity of modular and advanced kitchen designs among residents of the region creates the need for technologically advanced outdoor kitchen appliances. With changing consumer preferences, regional outdoor kitchenware manufacturers offer a variety of reasonably priced products to meet each customer’s unique needs.

Some of the reputable organizations in the global outdoor kitchen appliance market include Weber-Stephen Products LLC, The Middleby Corporation, Napoleon, The Coleman Company Inc, NexGrill Industries, Inc., Weber-Stephen Products LLC, Traeger Pellet Grills, LLC and Char- Broil LLC The Middleby Corporation LLC. These companies focus on combining several advanced features in their products to improve device function and productivity.

For example, in April 2022, Napoleon launched its first fully-fledged electric grill equipped with IoT capability in the New Rogue EQ connected grill series. The model is specially designed for outdoor purposes, features IoT technology and comes with two electrically operated burners. The development represents future opportunities for the market as consumers become more aware of the availability and benefits of modern outdoor kitchen appliances.

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Partial Table of Contents (ToC) of the report:

Chapter 2 summary
2.1 Outdoor Kitchen Appliances Industry Overview 3600, 2018-2030
2.2 Business Development
2.3 Regional trends
2.4 Trends in Sales Channels
2.5 Type Trends
Chapter 3 Outdoor Kitchen Appliances Industry Insights
3.1 Introduction
3.2 Effects of the outbreak of COVID-19
3.3 Impact of Russia-Ukraine War on Global Outdoor Kitchen Appliances Market
3.4 Analysis of Outdoor Kitchen Appliances Industry Ecosystem
3.5 Investment Landscape
3.6 Technology Landscape
3.7 Regulatory Landscape
3.8 Impact Forces
3.8.1 Growth Drivers
3.8.1.1 Implementation of strict governmental food safety and sanitation regulations in North America and Europe
3.8.1.2 Technological advances in kitchen appliances will drive the market growth in Asia Pacific
3.8.1.3 Increasing Participation in Outdoor Recreational Activities in North America
3.8.1.4 MEA Kitchen Appliance Industry Spread
3.8.1.5 High demand for home appliances through e-commerce and online sales channels
3.8.2 Pitfalls and Challenges of the Industry
3.8.2.1 High purchase and repair costs of outdoor kitchen appliances
3.9 Price Trend Analysis
3.10 Growth potential analysis
3.11 Porter’s analysis
3.12 PESTEL Analysis
Search Complete Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/outdoor-kitchen-appliances-market
About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, USA, is a global market research and consulting services provider offering syndicated and custom research reports along with growth advisory services. Our business intelligence and industry research reports provide clients with penetrating insights and actionable market data specifically designed and presented to support strategic decision-making. Developed using a proprietary research methodology, these comprehensive reports are available for key industries such as chemical, advanced materials, technology, renewable energy and biotechnology.

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