Outdoor Cooking Equipment Market Share, Insights by 2031

August 19, 2021

Outdoor cooking is very different from cooking in a kitchen, the most evident difference being the lack of a clearly defined kitchen space. As a result, manufacturers have created specialized food preparation equipment for use in outdoor locations. Outdoor cooking equipment is built mainly for preparing food outside. The market for outdoor cooking equipment is expected to witness surge in demand in the upcoming years.

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The growing popularity of outdoor kitchens as a way to improve the aesthetics and add a touch of elegance to modern houses has resulted in significant demand for modernized outdoor cooking equipment. Furthermore, during the forecast period, consumers’ improved lifestyle, along with an increase in disposable income, are projected to boost the adoption rate of outdoor cooking equipment.
Demand for outdoor cooking equipment has surged as the world’s adventurous population grows and family outings become more popular. Consumers’ propensity toward nature to improve their physical and emotional well-being has increased as a result of rising levels of stress from routine activities, which is popularizing outdoor activities and in turn is likely to support the growth of the outdoor cooking equipment market during the forecast period.
Manufacturers are increasingly concentrating on offering customers with customized outdoor cooking equipment. Furthermore, the growing availability of modular outdoor kitchens that are less expensive than custom versions is projected to drive the growth of the outdoor cooking equipment market during the forecast period, giving manufacturers a chance to cater to new consumers and improve earnings.
However, the high cost and upscale nature of outdoor cooking equipment is expected to hinder the growth of the market during the forecast period.

In terms of region, the outdoor cooking equipment market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
During the forecast period, North America is estimated to hold largest share of the global outdoor cooking equipment market, with newer installations in backyards as a result of the growing popularity of outdoor life. Furthermore, rising disposable income and rising interest among people in outdoor activities such as adventures, trekking, and camping, have resulted in rising demand for the equipment, which is likely to continue in the near future.