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Barbecue & Grill Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Aug 02, 2024
Length 80 Pages
SKU # IBSS19120643

Description

Barbecue & Grill Manufacturing in the US - Industry Market Research Report


Barbecue & Grill Manufacturing in the US

The Barbecue and Grill Manufacturing industry includes the domestic manufacturing of gas, electric, charcoal and hybrid barbecues and grills. While entering the current period of 2023, the industry is expected to grow in line with the overall economy as consumer spending and household income levels have spurred growth in nonessential purchases such as outdoor cooking equipment. To the industry's benefit, demand for barbeque and grill grew in 2020 as the population shifted to work and study from home. Simultaneously, the restrictions on indoor activities conversely have boosted demand for outdoor activities, including barbeque. Nonetheless, the overall demand growth is pressured by a decline in consumer spending and the confidence index. Since the pandemic has long subsided, IBISWorld expects industry revenue to climb at an annualized rate of 1.4% to $1.6 billion going into 2023. This includes a forecast decline of 1.1% in 2022 alone due to an anticipated fall in household income levels.

This industry comprises establishments that manufacture barbecue and grilling equipment, including gas and solid-fuel barbecues, grills and braziers, in addition to parts and accessories. Other outdoor cooking equipment, such as outdoor stoves, are excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

80 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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