$8.5bn
$XXX.Xm
78,138
38,890
$X.Xbn
The BBQ and Outdoor Cooking Stores industry has been rekindled over the past five years. Rising per capita disposable income and leisure time have revived discretionary purchases of outdoor cooking equipment such as barbecues (BBQs), smokers and related accessories. As the economy has regained footing, consumers have shown a higher propensity to purchase new outdoor cooking equipment, whether replacing aging gear or upgrading from secondhand items. Equipment sold by operators tends to have a relatively long lifespan. Still, it is susceptible to wear and tear, so consumers replace or upgrade outdoor cooking equipment every few years. Although economic conditions deteriorated amid the pandemic, a spike in at-home cooking and stay-at-home orders have bolstered demand. Revenue has been climbing at a CAGR of 0.3% to an estimated $8.5 billion over the five years through 2024, including an increase of 2.9% in 2024, driven by growth in residential construction and outdoor cooking upgrades mainly due to market corrections and ongoing economic adjustments post-pandemic.
Industry revenue has grown at a CAGR of 0.3 % over the past five years, to reach an estimated $8.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Costco Wholesale Corp | 1,508.3 | 53.9 | 3.6 | |
Home Depot, inc. | 1,340.0 | 189.3 | 14.1 | |
Walmart Inc. | 1,112.2 | 47.5 | 4.3 |
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Industry revenue is measured across several distinct product and services lines, including Gas grills, Charcoal grills and Electric grills. Gas grills is the largest segment of the BBQ & Outdoor Cooking Stores in the US.
Low maintenance costs make charcoal grills the most popular type of grill
Barbecue and outdoor cooking stores sell barbecue grills and related accessories. A limited number of retailers only sell barbecue equipment, so home improvement stores, department stores and supercenters sell the majority of industry goods. Stores that sell equipment exclusively online are excluded from the industry.
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NAICS 44229 - BBQ & Outdoor Cooking Stores in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The high rate of grill ownership bolsters key revenue channels. Consumers' continued acquisition of grills and outdoor cooking products drives industry demand.
Learn about an industry's products and services, markets and trends in international trade.
The high popularity and quality of food bolster demand for charcoal grills. Thanks to its ease of use, customers across various markets are interested in acquiring this type ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Large population centers provide access to a broad consumer base. Regions that house considerable metropolitan centers have more customers across various age groups.
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.
High emphasis on price enhances internal competition. Operators compete on price to ensure the largest possible customer base while supporting their profit margin.
Learn about the performance of the top companies in the industry.
Two companies own more than a 5.0% share of the market. The prevalence of capital among established companies such as Costco ensures leverage over securing bulk inventory to ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
A growing number of households bolsters the market base for operators. As the number of households rises, it opens up a larger customer base for new and existing operators.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Price volatility dampens profitability. Growing price-based competition and consumers’ attempts to cut spending due to high inflation are causing profits to fall, putting sig...
Including values and annual change:
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Key data sources in the US include:
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The market size of the BBQ & Outdoor Cooking Stores in the US industry in United States is $8.5bn in 2024.
There are 38,890 businesses in the BBQ & Outdoor Cooking Stores in the US industry in United States, which has grown at a CAGR of 1.3 % between 2019 and 2024.
The market size of the BBQ & Outdoor Cooking Stores in the US industry in United States has been growing at a CAGR of 0.3 % between 2019 and 2024.
Over the next five years, the BBQ & Outdoor Cooking Stores in the US industry in United States is expected to grow.
The biggest companies operating in the BBQ & Outdoor Cooking Stores market in United States are Costco Wholesale Corp, Home Depot, inc. and Walmart Inc.
Retailing gas grills and Retailing charcoal grills are part of the BBQ & Outdoor Cooking Stores in the US industry.
The company holding the most market share in United States is Costco Wholesale Corp.
The level of competition is high and steady in the BBQ & Outdoor Cooking Stores in the US industry in United States.