Flat Top Grills Market Regulations and Competitive Landscape Outlook to 2018

Posted by vakhas on February 15th, 2019

Global Flat Top Grills Market Overview

The flat top grills are an essential cooking appliance used for numerous cooking techniques such as toasting, simmering, pan frying, grilling, baking and roasting among many other techniques. Flat top grills are available in a various number of burners such as two burner’s flat top grill, four burner’s flat top grill, and others at a large chain of sales channels. The economic cost of flat top grills as well as their numerous applications, is amplifying their demand in the global flat top grills market.

These products mainly used for a commercial and residential purpose. The global market for flat top grills consists of several small and prominent manufacturers across the globe. With growing urbanization and increasing demand for flat top grills through various retailers and third party online channels is expected to create a significant opportunity for manufacturers to sign a contract with several online retailers/distributors for increasing the sales of flat top grills.

Global Flat Top Grills Market Scenario

The globe market for flat top grills is projected to register significant year on year growth with a single-digit rise in CAGR during forecast period. The global flat top grills market has grown considerably and estimated to reach over US$ 500 Mn owing to the rising demand of outdoor activities, which is expected to increase the production of flat top grills globally. Developed economies in the European and North America regions such as the Germany, UK, France, and US are expected to be driven by various growth factors such as high GDP growth in these countries coupled with per capita income spending on the leisure and recreational household activities.

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However, the market is expected to exhibit strong growth in developing countries, such as China, India, and the Middle East & African countries owing to the rapid adoption of western culture with outdoor picnic and cookouts. The most significant share of the flat top grills market is estimated to be contributed by Asia Pacific excluding Japan region due to changing lifestyle and habits of daily living in this region followed by North America and Europe.

Global Flat Top Grills Market Dynamics

The rising preference for grilled food is one of the prime reason for the demand of the flat top grills. The other primary factor which is driving the flat top grills market in the consumer products industry is the continuous innovation with respect to comfort of end users and safety issues. Alternate factors driving the global flat top grills market include rising demand for flat top grills for restaurants chains with grills on the table like barbeque nations.

Rise in consumer spending on household and kitchen equipment’s has also seen an upsurge translating the opportunity for flat top grill market. However, some of the factors likely to restrain the growth of the flat top grills market are lack of knowledge about the use of flat top grills in the low economies. Risk associated with the injuries while using the flat top grills can impact the market negatively. Many such cases of accidents has been registered due to the flat top grills.

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vakhas
Joined: July 27th, 2017
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