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Barbecue & Grill Manufacturing - Industry Market Research Report

  • October 2016
  • 34 pages
  • Ibisworld
Report ID: 1557850

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Well done: The industry will benefit from an increase in per capita disposable income



Abstract

Barbecue & Grill Manufacturing

Over the five-year period, growth for the Barbecue & Grill Manufacturing industry has steadily increased with the exception of 2012. Initially, the lingering effects of the housing market collapse resulted in weak economic recovery early in the period. Poor residential construction markets were reinforced by poor consumer sentiment, which further diminished housing starts and private spending on home improvements. Prior to the recession, the industry benefited from a strong housing market, under which many consumers spent money on outdoor kitchens. Over the next five years, the industry will continue to benefit from increasing per capita disposable income and the robustness of the residential construction market. However, a strengthening dollar will likely hurt domestic operators as imports will continue to increase in value and resume growth in their proportion of domestic demand serviced, which will pressure revenue growth over the period.

This industry comprises establishments that manufacture barbecue and grilling equipment, including gas and solid fuel barbecues, grills and braziers as well as parts and accessories. Other outdoor cooking equipment, like 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.



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