Barbecue & Grill Manufacturing in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS OD4257Revenue
$2.1bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
7,056
Businesses
101
Wages
$XXX.Xm
Barbecue & Grill Manufacturing in the US industry analysis
Barbecue and grill producers have endured some volatility in recent years. Since individuals and households are the most common end-market for grills, demand for new products is closely tied to the health of the residential construction sector and other macroeconomic factors, like disposable income and consumer confidence. Domestic producers benefited from activity in residential real estate during the initial stages of the pandemic when near-zero interest rates led to jumps in the value of residential construction. Demand for the construction sector weakened because drastic interest rate hikes pushed long-term borrowing costs higher, contributing to falling grill sales. Similarly, elevated inflation in 2022 pushed consumers to postpone discretionary purchases like barbecues. However, losses during the period failed to reverse pandemic-related gains. As a result, revenue has grown at an estimated CAGR of 3.2% to $2.1 billion through 2024, including a 3.6% dip that year alone.
Trends and Insights
- Demand for grills and barbecues is largely determined by the health of the residential construction space. Because of this, grill sales jumped during the initial stages of the pandemic, when residential construction was hot, and it weakened amid interest rate hikes in 2022.
- Retailers buy the most grills and barbecues. By purchasing directly from manufacturers and avoiding wholesale markups, they can offer lower prices and more selection to consumers, making them the largest market.
- The Southeast holds a large population and is a manufacturing hub. Its rich barbecue traditions and efficient transportation routes make it an ideal spot for grill companies to thrive and distribute their products widely.
- Imports satisfy more than 45.0% of domestic demand. This is largely because of lower wage costs and fewer regulations abroad, which enable foreign producers to offer lower prices and appeal to price-conscious buyers.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 3.2 % over the past five years, to reach an estimated $2.1bn in 2024.
Trends and Insights
The health of the residential construction sector directly impacts sales
- Many consumers buy new grills and barbecues when residential construction rises. Consumers are more likely to purchase new appliances and large products when buying a new home, making sales reliant on the health of the residential real estate sector.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Improving macroeconomic conditions create growth opportunities
- Improving macroeconomic conditions will give consumers more disposable income for discretionary purchases, particularly as inflationary pressures cool down and consumers can allocate more resources to buying luxury products.
Biggest companies in the Barbecue & Grill Manufacturing in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Weber Inc. | 534.7 | -52.6 | -9.8 |
To view the market share and analysis for all 1 top companies in this industry, view purchase options.
Products & Services Segmentation
Barbecue & Grill Manufacturing in the US
Products & Services
Industry revenue is measured across several distinct product and services lines, including Charcoal grills, Gas grills and Electric grills. Charcoal grills is the largest segment of the Barbecue & Grill Manufacturing in the US.
Trends and Insights
Gas grills are considered to be a middle point between others
- The major product category in this industry is gas-based products. Gas barbecues and grills are generally considered to be a compromise between charcoal and electric grills regarding convenience and flavor.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Major Household Appliance Manufacturing in the US
Complementors
- Sheet Metal, Window & Door Manufacturing in the US
- Lighting & Bulb Manufacturing in the US
- Vacuum, Fan & Small Household Appliance Manufacturing in the US
International industries
- Global Household Cooking & Appliance Manufacturing
- Major Household Appliance Manufacturing in Canada
- Household Appliance Manufacturing in Australia
- Electrical Appliance Manufacturing in the UK
- Household Electrical Appliance Manufacturing in China
Table of Contents
About this industry
Industry definition
This industry comprises establishments that manufacture barbecue and grilling equipment, including gas and solid-fuel barbecues, grills and braziers, in addition to parts and accessories. Other outdoor cooking equipment, such as outdoor stoves, are excluded from this industry.
What's included in this industry?
Gas and other nonsolid fuel grill and brazier manufacturingSolid-fuel (e.g. charcoal, wood and coal) grill and brazier manufacturingElectric grill manufacturingGas and other nonsolid-fuel barbecue manufacturingSolid-fuel (e.g. charcoal, wood and coal) barbecue manufacturingParts and accessories manufacturingCompanies
Weber Inc.Purchase this report to view all 1 major companies in this industry.
Related Terms
INFRARED BURNERBRAZIERBARKIndustry Code
NAICS 33522 - Barbecue & Grill Manufacturing in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Demand for grills and barbecues is largely determined by the health of the residential construction space. Because of this, grill sales jumped during the initial stages of th...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Retailers buy the most grills and barbecues. By purchasing directly from manufacturers and avoiding wholesale markups, they can offer lower prices and more selection to consu...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Southeast holds a large population and is a manufacturing hub. Its rich barbecue traditions and efficient transportation routes make it an ideal spot for grill companies ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Imports satisfy more than 45.0% of domestic demand. This is largely because of lower wage costs and fewer regulations abroad, which enable foreign producers to offer lower pr...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The industry is highly segmented. Producers cater to diverse consumer needs, with some companies focusing on premium products for high-end consumers, while others target pric...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Weber Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Weber Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Producers are directly impacted by appliance prices. If grill prices go up, people become more likely to postpone discretionary purchases. However, efficient cost-passing by ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Rising operating costs and heightened price-based competition squeeze profit. Manufacturers allocate more resources toward labor while offering competitive prices, both of wh...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Barbecue & Grill Manufacturing in the US industry in United States in 2024?
The market size of the Barbecue & Grill Manufacturing in the US industry in United States is $2.1bn in 2024.
How many businesses are there in the Barbecue & Grill Manufacturing in the US industry in 2024?
There are 101 businesses in the Barbecue & Grill Manufacturing in the US industry in United States, which has grown at a CAGR of 9.9 % between 2019 and 2024.
Has the Barbecue & Grill Manufacturing in the US industry in United States grown or declined over the past 5 years?
The market size of the Barbecue & Grill Manufacturing in the US industry in United States has been growing at a CAGR of 3.2 % between 2019 and 2024.
What is the forecast growth of the Barbecue & Grill Manufacturing in the US industry in United States over the next 5 years?
Over the next five years, the Barbecue & Grill Manufacturing in the US industry in United States is expected to grow.
What are the biggest companies in the Barbecue & Grill Manufacturing in the US market in United States?
The biggest company operating in the Barbecue & Grill Manufacturing market in United States is Weber Inc.
What does the Barbecue & Grill Manufacturing in the US in United States include?
Gas and other nonsolid fuel grill and brazier manufacturing and Solid-fuel (e.g. charcoal, wood and coal) grill and brazier manufacturing are part of the Barbecue & Grill Manufacturing in the US industry.
Which companies have the highest market share in the Barbecue & Grill Manufacturing in the US in United States?
The company holding the most market share in United States is Weber Inc..
How competitive is the Barbecue & Grill Manufacturing in the US industry in United States?
The level of competition is high and steady in the Barbecue & Grill Manufacturing in the US industry in United States.
