Industry Analysis & Industry Trends
The Barbecue and Grill Manufacturing industry consists of mostly small- and medium-sized players, and a few large players that manufacture barbecue and grilling equipment, including gas and solid fuel barbecues and grills. As with many cooking-related appliance industries, the economic recession crippled key downstream markets and induced tepid growth and revenue declines early in the five years to 2015, particularly in 2011. In the coming years, the industry will benefit from an increase in per capita disposable income and the continued recovery of the residential construction market. Furthermore, demand for high-end, domestically produced grills is expected to fend off growing imports and drive growth over the next five years.... purchase to read more
Industry Report - Starting a New Business Chapter
The top four operators in the Barbecue and Grill Manufacturing industry are estimated to capture over 45.0% of the total market, reflecting a moderate level of concentration. In addition, the industry's domestic demand is largely met by the growing import penetration. As a result, the dominance of existing operators creates a significant barrier for new entrants to establish links with key suppliers and buyers.
Potential entrants face relatively large start-up costs to establish manufacturing facilities. A new entrant would require property space, raw materials and manufacturing machinery to be competitive in the industry... purchase to read more