Industry Analysis & Industry Trends
The BBQ and Outdoor Cooking Stores industry has been rekindled over the past five years by rising new household formation and growth in per capita disposable income, which has revived discretionary purchases on outdoor cooking equipment such as barbecues, smokers and related accessories. In the coming years, these trends are set to continue, keeping demand for industry products high.... purchase to read more
Industry Report - Industry Analysis Chapter
The BBQ and Outdoor Cooking Stores industry has been on the rebound during the past five years as consumer spending on its products has been rising due to an increase in per capita disposable income and steady growth in household formation. Nevertheless, increasing fuel and food costs inhibited some people from investing in outdoor cooking equipment. As a result, industry revenue is estimated to increase at an average annual rate of 3.3% to $4.8 billion in the five years to 2014.
Rising per capita disposable income, combined with increasing meat consumption, is expected to support further revenue growth of 2.0% in 2014... purchase to read more