Global Flat Top Grills Market Insights and Assessment of Growth Factors Analyzed Until the End of 2028

Posted on 2018-11-12 by Mark Hub in Retail // 0 Comments

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Rockville, US, 2018-Nov-12 — /EPR Network/ — The flat top grills are an essential cooking appliance used for numerous cooking techniques such as toasting, simmering, pan frying, grilling, baking and roasting among many other techniques. Flat top grills are available in a various number of burners such as two burner’s flat top grill, four burner’s flat top grill, and others at a large chain of sales channels. The economic cost of flat top grills as well as their numerous applications, is amplifying their demand in the global flat top grills market. These products mainly used for a commercial and residential purpose. The global market for flat top grills consists of several small and prominent manufacturers across the globe. With growing urbanization and increasing demand for flat top grills through various retailers and third party online channels is expected to create a significant opportunity for manufacturers to sign a contract with several online retailers/distributors for increasing the sales of flat top grills.

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Global Flat Top Grills Market Scenario

The globe market for flat top grills is projected to register significant year on year growth with a single-digit rise in CAGR during forecast period. The global flat top grills market has grown considerably and estimated to reach over US$ 500 Mn owing to the rising demand of outdoor activities, which is expected to increase the production of flat top grills globally. Developed economies in the European and North America regions such as the Germany, UK, France, and US are expected to be driven by various growth factors such as high GDP growth in these countries coupled with per capita income spending on the leisure and recreational household activities. However, the market is expected to exhibit strong growth in developing countries, such as China, India, and the Middle East & African countries owing to the rapid adoption of western culture with outdoor picnic and cookouts. The most significant share of the flat top grills market is estimated to be contributed by Asia Pacific excluding Japan region due to changing lifestyle and habits of daily living in this region followed by North America and Europe.

Global Flat Top Grills Market Dynamics

The rising preference for grilled food is one of the prime reason for the demand of the flat top grills. The other primary factor which is driving the flat top grills market in the consumer products industry is the continuous innovation with respect to comfort of end users and safety issues. Alternate factors driving the global flat top grills market include rising demand for flat top grills for restaurants chains with grills on the table like barbeque nations. Rise in consumer spending on household and kitchen equipment’s has also seen an upsurge translating the opportunity for flat top grill market. However, some of the factors likely to restrain the growth of the flat top grills market are lack of knowledge about the use of flat top grills in the low economies. Risk associated with the injuries while using the flat top grills can impact the market negatively. Many such cases of accidents has been registered due to the flat top grills.

Global Flat Top Grills Market Segmentation

The flat top grills market can be segmented on product types, number of burners, material type, application and sales channel. On the basis of product types, flat top grills can be categorized into Portable and built in. On the basis of number of burners, the market can be segmented into 1 burners, 2 burners, 4 burners and 6 burners. On the basis of material type, the market can be classified into steel, cast iron, stainless steel, aluminium, porcelain, metal, cast aluminium, and other material type. On the basis of application, the flat top grills market can be classified into commercial and residential. On the basis of sales channel, the flat top grills market can be classified into direct sales, third party online sales, electronics chains, modern trade, company online channel, and speciality stores. Geographically, the global flat top grills market can be segmented into seven regions, namely North America, Latin America, Europe, CIS & Russia, Japan, Asia Pacific except Japan, and Middle East & Africa.

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Global Flat Top Grills Market Key Players

Despite the concentration of players in North America and Europe, flat top grills manufacturers are primarily focusing on Asian countries, mostly India, China and the Middle East & African countries. These companies are continuously introducing innovations in flat top grills market. Some of the key market participants in the global flat top grills market are Camp Chef, Inc., Weber-Stephen Products LLC, Blackstone, Meadow Creek Welding, LLC, Traeger Pellet Grills, LLC, Nexgrill Industries, Inc. and other prominent players.

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