The Barbecue Grill Charcoal Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
The global Barbecue Grill Charcoal market size was estimated at USD 4.79 billion in 2018 and is anticipated to register a CAGR of 4.5% during the forecast period.
The major key players covered in this report:
Gryfskand, Blackwood Charcoal, Paraguay Charcoal, VIET GLOBAL IMEX, Ignite Products, Carbon Roots International, BRICAPAR SAE Charcoal Briquettes, Oxford Charcoal Company, Namchar, Maurobera SA, Duraflame, PT Dharma Hutani Makmur, Royal Oak Enterprises LLC, Timber Charcoal Co., Mesjaya Abadi Sdn Bhd, Parker Charcoal Company, Kingsford., The Saint Louis Charcoal Company LLC, etc.
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North America held the leading market share of more than 55% in 2018. A barbeque grill is a part of the lifestyle in countries like the U.S. and Canada. Consumers prefer barbeque food on most celebrations and festive occasions. As per the report of Hearth, Patio and Barbecue Association (HPBA), more than 70% of customers engage in BBQ grilling on weekends during summer. They also enjoy cookouts during national holidays such as Thanksgiving, Independence Day, Christmas, and New Year’s Eve among others. In North America, over 50% of consumers prefer barbecue for birthday parties and around 24% of them enjoy it on camping trips. Companies are investing in new product development to boost their revenue in this growing market.
For instance, in January 2016, U.S. based company Char-Broil launched SmartChef Smoker app to educate consumers to maintain meat temperature, chamber temperature, and cooking time. Asia Pacific is estimated to expand at the fastest CAGR of 5.6% from 2019 to 2025 on account of growing consumption of street food coupled with huge investments by key players in developing economies including India and China. Furthermore, rising demand for barbeque products over hot dogs, burgers, and pizza in these countries is projected to propel the regional market growth in the forthcoming years.
This report segments the global Barbecue Grill Charcoal Market based on Types are:
Lump Charcoal, Extruded Charcoal, Charcoal Briquettes, Sugar Charcoal.
Based on Application, the Global Barbecue Grill Charcoal Market is Segmented into:
Home Use and Commercial.
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Regions covered By Barbecue Grill Charcoal Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
The report has 150 tables and figures browse the report description and TOC:
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