Industry Analysis & Industry Trends
During the past five years, revenue for the Barbecue and Grill Manufacturing industry has grown due to recovering downstream markets and more favorable consumer conditions. The trend towards more expensive and advance barbecues and grills has allowed industry operators to widen their profit margins and combat increasing competition from imports. Over the next five years, the industry will benefit from an increase in per capita disposable income and the continued recovery of the residential construction market.... 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 nearly 50.0% 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