The domestic electric grills and roasters market in Bulgaria showed consistent growth from 2013 to 2023, reaching a market size of 369.31 thousand units in 2023. The period experienced a compound annual growth rate (CAGR) of 7.01% over the last five years. Notably, the market saw significant jumps in the years 2015 and 2020 with over 30% and 12% annual growth respectively, while recent years stabilized with around 3% growth annually.
Looking ahead, the market is expected to focus on
- Increasing consumer preference for electric appliances due to sustainability.
- Technological advancements and smart product features.
- Economic factors impacting consumer spending.
