Market revenue in 2023 | USD 5,010.1 million |
Market revenue in 2030 | USD 6,974.7 million |
Growth rate | 4.8% (CAGR from 2023 to 2030) |
Largest segment | Commercial |
Fastest growing segment | Household |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Household, Commercial |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to barbeque grill market will help companies and investors design strategic landscapes.
commercial was the largest segment with a revenue share of 54.72% in 2023. Horizon Databook has segmented the Global barbeque grill market based on household, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Rapid construction in the commercial segment particularly hospitality sectors is expected to favor growth of barbeque grill. Increasing working performance in the hotel industry has resulted in a rise in hotel construction activities, especially in emerging economies of Asia Pacific including India.
In addition, according to the UK House of Commons Library, the economic output of hospitality industry in the UK in 2019 amounted USD 63.6 billion, which was around 3% of total UK economic output. Hotel industry forms a major contributing factor to the country's & hospitality sector thereby incurring growth in the construction of hotels in the commercial segment.
Horizon Databook provides a detailed overview of global-level data and insights on the Global barbeque grill market , including forecasts for subscribers. This global databook contains high-level insights into Global barbeque grill market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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