The residential electric grill sales exceeded 3,200 thousand units in 2018, and are forecast to record a volume growth at 7.6% in 2019, according to a new Fact.MR study. The residential electric grill sales have been influenced by a slew of factors, which range from the trend of “going smokeless” for reducing the environmental footprint, to integration of connected technologies such as Bluetooth and Wi-Fi that enable remote monitoring. However, reluctance toward electric grills remains among consumers who hold authenticity of taste obtained from gas grills in greater regard.
Evolving requirements of consumers have led to introduction of a variety of residential electric grills, among which built-in and portable have been significant variants. The report states that built-in electric grills have been accounting for a larger share of the market, with over 6 in 10 of overall residential electric grills sold worldwide. Built-in electric grills have gained a remarkable popularity as preferred variant among residential buyers, with indoor as well as outdoor compatibility being a value-added offering of manufacturers. Although relatively less significant compared to built-in variants, portable electric grills will witness a steady rise in sales to surpass 800 thousand units in 2019.
“New purchases of residential electric grills have been on the rise, driven by various factors including upgradation to better quality models, replacement of worn out grills, and cooking a wider variety of flavors. Nearly 50% of the US adults purchased new grills, and over one-third of them upgraded their existing models. Generation Y and Millennials are expected to be a more lucrative consumer base for residential electric grills compared to the Baby Boomers,” according to a lead analyst at Fact.MR.
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|Product||Built-in Electric GrillPortable Electric GrillOthers (Smokeless, Free Standing, Roll Around)|
|Power Rating||<1,560 Watts<1,800 Watts>1,800 Watts|
|Cooking Area||Under 200 Sq. Inches200-400 Sq. Inches|
|Price Range||<$ 100$100 – $250$251 – $300$301 – $350$351 – $400$401 – $450$451 – $500> $500|
|Distribution Channel||Home Improvement StoresSupermarkets/ HypermarketsKitchenware StoresDepartmental StoresOnline RetailCompany WebsiteThird Party OnlineOther Retail (Electric Shops)|
Share Your Requirements & Get Customized Reports –https://www.factmr.com/connectus/sample?flag=RC&rep_id=3276 Key players:-
- The Middleby Corporation
- Koninklijke Philips N.V.
- Robert Bosch GmbH
- Kenyon International Inc.
- Weber-Stephen Products LLC.
Crucial insights in the Residential Electric Grill Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Residential Electric Grill Market
- Basic overview of the Residential Electric Grill Market, including market definition, classification, and applications.
- Scrutinization of each Residential Electric Grill Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Residential Electric Grill Market across various industries.
- Important regions and countries offering lucrative opportunities to Residential Electric Grill Market stakeholders.
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