The Latin America, Middle East and Africa Barbeque Grill Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The popularity of barbecue grills as an alternative to burgers, pizza, and hot dogs in these nations is fostering the market's growth. To increase their revenue throughout this growing market, organizations are investing in a variety of projects, such as expansion and a move to cloud computing.
For example, during the COVID-19 epidemic in March 2020, India's top casual eating establishment Barbeque Nation Hospitality Limited, announced its IPO (Initial Public Offering). The company is planning to expand as a result of a rise in delivery business even during the country's lockdown. The company will operate 147 Barbeque Nation Restaurants in 77 Indian cities by the end of 2020, in addition to 6 Barbeque Nation Restaurants abroad.
An indoor/outdoor BBQ grill has numerous advantages, including being easy to clean because of its non-stick coating, powerful and strongly constructed to maintain stability over a range of flooring surfaces, this grill features an indicator and an adjustable thermostat to enable efficient and precise grilling. The grill is simple to use and suitable for both inside and outdoor gatherings.
Regional countries, such as South Africa, are underdeveloped and highly emphasize accelerating their growth. Due to this, the government and people across the country are increasing their focus on expediting the adoption of better lifestyles as well as the latest technologies throughout the country. The adoption of Barbeque Grills and setups is estimated to increase in the region as people become more aware of it.
The Brazil market dominated the LAMEA Barbeque Grill Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $109.5 million by 2028. The Argentina market is experiencing a CAGR of 9.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.3% during (2022 - 2028).
Based on End-use, the market is segmented into Commercial and Household. Based on Product, the market is segmented into Gas, Charcoal and Electric. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Barbeque Grill Market is Predict to reach $6.3 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newell Brands, Inc., Spectrum Brands Holdings, Inc., MiddleBy Corporation, Weber, Inc., Char?Broil, LLC (W.C. Bradley Co.), Empire Comfort Systems, Inc., RH Peterson Co., Landmann USA, Inc. (Gebrüder Thiele Group), Transform Holdco LLC, and Traeger, Inc.
By End-use
By Product
By Country
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