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Electric Iron Market Size, Share & Trends Analysis Report By Function (Automatic, Non-Automatic), By Product, By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

September 2024 | 80 pages | ID: E993D1793D4DEN
Grand View Research, Inc.

US$ 3,950.00

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Electric Grill Market Growth & Trends

The global electric grill market size is expected to reach USD 7.39 billion by 2030, registering a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Several factors including shifting preference for at-home grilling system as well as fulfilling leisure time in cooking activities on account of increasing interest for experimental cooking is expected to drive the market.

Barbecuing has evolved beyond just a pastime and has become an integral part of consumer lifestyle, owing to the changing lifestyle attributed to rising disposable income. The passion for adding flavors to food as well as entertaining family and friends, is gaining a prominent share in developing the market for electric grills. According to the Hearth, Patio & Barbecue Association (HPBA), in July 2017, 72% of consumers opted for flavor, 52% opted for lifestyle, and 40% consumers opted for entertainment as their source of grilling food at home. In addition, factors such as convenience, accounted for 33%, hobby accounted for 19%, flexibility accounted for 18% and health accounted for 18% as well in North American.

The prominence of charcoal grills and gas grills is likely to affect the sales of electric grills in near future. The preference of consumers to add authentic taste and coal flavor particularly among the baby boomers generation is likely to drive the market. Although, the increasing occurrence of fire damages by these dominant grilling products is expected to drive the consumers towards electric grill appliances.

Growing demand for residential application is witnessed in Asia Pacific and Africa. The changing lifestyle of consumers, particularly in the developing economies, has led to growth in sales of the product. Increasing consumption of street food in countries, such as China and Japan are expected to propel the regional growth. Street food comprises the best available food in China and people prefer to add natural fiery taste to their food.

The commercial application led the global as well as North America market. The vast market for grilled food owing to its natural taste and associated health benefits prevail in countries like U.S. and Canada. Moreover, according to the HPBA, 35% of U.S. consumers planned to purchase a new grill or smoker in 2017. Most of the buyers are likely to replace or upgrade their current grill appliance.

Electric Grill Market Report Highlights
  • The electric smokers segment dominated the market and accounted for a market revenue share of 61.0% in 2023.
  • The commercial segment dominated the market in 2023. This is owing to the increasing demand for these products in restaurants, hotels, and events.
  • North America electric grill market held a share of 34.5% in 2023. The growth is attributed to high penetration of at-home cooking and backyard cooking trend as well.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
  1.3.1. Information Procurement
  1.3.2. Information or Data Analysis
  1.3.3. Market Formulation & Data Visualization
  1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
  1.4.1. List of Data Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

CHAPTER 3. ELECTRIC IRON MARKET VARIABLES, TRENDS, & SCOPE

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
  3.3.1. Market Drivers Analysis
  3.3.2. Market Restraints Analysis
3.4. Electric Iron Market Analysis Tools
  3.4.1. Porter’s Analysis
    3.4.1.1. Bargaining power of the suppliers
    3.4.1.2. Bargaining power of the buyers
    3.4.1.3. Threats of substitution
    3.4.1.4. Threats from new entrants
    3.4.1.5. Competitive rivalry
  3.4.2. PESTEL Analysis
    3.4.2.1. Political landscape
    3.4.2.2. Economic and Social landscape
    3.4.2.3. Technological landscape
    3.4.2.4. Environmental landscape
    3.4.2.5. Legal landscape

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations

CHAPTER 5. ELECTRIC IRON MARKET: FUNCTION ESTIMATES & TREND ANALYSIS

5.1. Segment Dashboard
5.2. Electric Iron Market: Function Movement Analysis, USD Million, 2023 & 2030
5.3. Automatic
  5.3.1. Automatic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Non-Automatic
  5.4.1. Non-Automatic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 6. ELECTRIC IRON MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

6.1. Segment Dashboard
6.2. Electric Iron Market: Product Movement Analysis, USD Million, 2023 & 2030
6.3. Dry
  6.3.1. Dry Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Steam
  6.4.1. Steam Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 7. ELECTRIC IRON MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

7.1. Segment Dashboard
7.2. Electric Iron Market: Application Movement Analysis, USD Million, 2023 & 2030
7.3. Residential
  7.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Commercial
  7.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 8. ELECTRIC IRON MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

8.1. Segment Dashboard
8.2. Electric Iron Market: Distribution Channel Movement Analysis, USD Million, 2023 & 2030
8.3. Online
  8.3.1. Online Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Offline
  8.4.1. Online Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 9. ELECTRIC IRON MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

9.1. Electric Iron Market Share, By Region, 2023 & 2030, USD Million
9.2. North America
  9.2.1. North America Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.2.2. U.S.
    9.2.2.1. U.S. Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.2.3. Canada
    9.2.3.1. Canada Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.2.4. Mexico
    9.2.4.1. Mexico Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
9.3. Europe
  9.3.1. Europe Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.3.2. UK
    9.3.2.1. UK Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.3.3. Germany
    9.3.3.1. Germany Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.3.4. France
    9.3.4.1. France Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.3.5. Italy
    9.3.5.1. Italy Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.3.6. Spain
    9.3.6.1. Spain Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
9.4. Asia Pacific
  9.4.1. Asia Pacific Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.4.2. China
    9.4.2.1. China Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.4.3. Japan
    9.4.3.1. Japan Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.4.4. India
    9.4.4.1. India Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.4.5. Australia & New Zealand
    9.4.5.1. Australia & New Zealand Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.4.6. South Korea
    9.4.6.1. South Korea Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
9.5. Central & South America
  9.5.1. Central & South America Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.5.2. Brazil
    9.5.2.1. Brazil Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
9.6. Middle East and Africa
  9.6.1. Middle East and Africa Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  9.6.2. Saudi Arabia
    9.6.2.1. Saudi Arabia Electric Iron Market Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 10. COMPETITIVE LANDSCAPE

10.1. Recent Developments & Impact Analysis by Key Market Participants
10.2. Company Categorization
10.3. Company Heat Map Analysis
10.4. Company Profiles
  10.4.1. Bajaj Electricals Ltd
    10.4.1.1. Participant’s Overview
    10.4.1.2. Financial Performance
    10.4.1.3. Product Benchmarking
    10.4.1.4. Recent Developments/ Strategic Initiatives
  10.4.2. BCL Electronic
    10.4.2.1. Participant’s Overview
    10.4.2.2. Financial Performance
    10.4.2.3. Product Benchmarking
    10.4.2.4. Recent Developments/ Strategic Initiatives
  10.4.3. BLACK+DECKER
    10.4.3.1. Participant’s Overview
    10.4.3.2. Financial Performance
    10.4.3.3. Product Benchmarking
    10.4.3.4. Recent Developments/ Strategic Initiatives
  10.4.4. BSH Hausgerдte GmbH
    10.4.4.1. Participant’s Overview
    10.4.4.2. Financial Performance
    10.4.4.3. Product Benchmarking
    10.4.4.4. Recent Developments/ Strategic Initiatives
  10.4.5. Crompton Greaves Consumer Electricals Limited
    10.4.5.1. Participant’s Overview
    10.4.5.2. Financial Performance
    10.4.5.3. Product Benchmarking
    10.4.5.4. Recent Developments/ Strategic Initiatives
  10.4.6. Eveready Industries India Ltd.
    10.4.6.1. Participant’s Overview
    10.4.6.2. Financial Performance
    10.4.6.3. Product Benchmarking
    10.4.6.4. Recent Developments/ Strategic Initiatives
  10.4.7. Groupe SEB India
    10.4.7.1. Participant’s Overview
    10.4.7.2. Financial Performance
    10.4.7.3. Product Benchmarking
    10.4.7.4. Recent Developments/ Strategic Initiatives
  10.4.8. Hamilton Beach Brands, Inc.
    10.4.8.1. Participant’s Overview
    10.4.8.2. Financial Performance
    10.4.8.3. Product Benchmarking
    10.4.8.4. Recent Developments/ Strategic Initiatives
  10.4.9. Koninklijke Philips N.V.
    10.4.9.1. Participant’s Overview
    10.4.9.2. Financial Performance
    10.4.9.3. Product Benchmarking
    10.4.9.4. Recent Developments/ Strategic Initiatives
  10.4.10. Panasonic Corporation
    10.4.10.1. Participant’s Overview
    10.4.10.2. Financial Performance
    10.4.10.3. Product Benchmarking
    10.4.10.4. Recent Developments/ Strategic Initiatives
  10.4.11. Transform SR Brands LLC (Kenmore)
    10.4.11.1. Participant’s Overview
    10.4.11.2. Financial Performance
    10.4.11.3. Product Benchmarking
    10.4.11.4. Recent Developments/ Strategic Initiatives
  10.4.12. Orient Electric
    10.4.12.1. Participant’s Overview
    10.4.12.2. Financial Performance
    10.4.12.3. Product Benchmarking
    10.4.12.4. Recent Developments/ Strategic Initiatives


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