Residential Electric Grill Sales in East Asia and Opportunity Analysis
Study on Residential Electric Grills in East Asia by Built-in and Portable Grills Made from Plastic, Steel, and Aluminum from 2024 to 2034
Analysis of Residential Electric Grill Industry Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Residential Electric Grill Sales Outlook for East Asia (2024 to 2034)
Fact.MR, in its newly published research analysis, reveals that sales of residential electric grills in East Asia are estimated at US$ 83.7 million in 2024. The market is forecast to increase at a CAGR of 8.3% and reach a valuation of US$ 185.9 million by the end of 2034.
Countries in East Asia are experiencing constant urbanization, which is leading to the construction of smaller living spaces, where conventional outdoor grilling systems might not be feasible. Electric grills provide a convenient indoor alternative for individuals living in smaller homes or apartments. Residential electric grills are perceived as more environment-friendly and safer options compared to conventional gas or charcoal grills. Increasing concerns about fire hazards are estimated to lead to the demand for residential electric grills as a safer and cleaner cooking option.
East Asian countries are implementing regulations on outdoor grilling owing to environmental and safety concerns. Residential electric grills provide an option for people to enjoy grilling in a home setting without any hesitations. The fast-paced lifestyle of more people is leading to a growing preference for the convenience offered by indoor cooking appliances, including residential electric grills.
In recent years, grilled food has been becoming popular in East Asian countries, and residential electric grills are projected to offer a convenient way for individuals to enjoy grilled dishes in a home setting. They can enjoy a grilling experience irrespective of living space limitations or weather conditions.
| Report Attributes | Details |
|---|---|
| Residential Electric Grill Sales in East Asia (2024E) | US$ 83.7 Million |
| Projected Sales (2034F) | US$ 185.9 Million |
| Demand Growth (2024 to 2034) | 8.3% CAGR |
| Sales in China (2024E) | US$ 48.8 Million |
| Demand Growth in South Korea (2024 to 2034) | 10.1% CAGR |
| Market Share of Home Improvement Centers (2034F) | >55% |
| Market Share of Indoor Electric Grills (2034F) | >73% |
| Key Companies Profiled |
|
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What Opportunities Await Residential Electric Grill Suppliers in East Asia?
“Rising Health and Safety Concerns Increasing Residential Electric Grill Demand”
Gas and charcoal grills emit pollutants, such as volatile organic compounds (VOCs), particulate matter, and carbon monoxide, thus contributing to potentially harmful effects and poor air quality. In contrast, residential electric grills produce minimal emissions, making them cleaner options for outdoor or indoor cooking. Moreover, the combustion of gas and charcoal in conventional grills generates smoke, which is projected to create irritation to the respiratory system and eyes, thus contributing to air pollution. On the other hand, residential electric grills provide a more pleasant and comfortable cooking experience for users.
Residential electric grills provide precise temperature control features that assist in minimizing the formation of some potentially carcinogenic compounds, including heterocyclic amines (HCAs), polycyclic aromatic hydrocarbons (PAHs), etc. in grilled food. In addition, the absence of flare-ups, which are generally associated with conventional grilling methods can minimize the chances of charring and harmful substance formation.
Country-wise Insights
Why is China a Lucrative Market for Residential Electric Grill Suppliers?
“Rising Environmental Issues Increasing Demand for Residential Electric Grills”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 48.8 Million |
| Growth Rate (2024 to 2034) | 8.6% CAGR |
| Projected Value (2034F) | US$ 111 Million |
China has been undergoing noteworthy environmental issues, which are related to air pollution, especially in urban areas. Electric grills produce less emissions in comparison to conventional charcoal or gas grills, thus making them a more environmentally friendly option. With growing environmental consciousness, more consumers in China are preferring residential electric grills for their cleaner operation.
What’s Driving Popularity of Residential Electric Grills in Japan?
“Limited Availability of Outdoor Space Fueling Demand for Residential Electric Grills”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 28.9 Million |
| Growth Rate (2024 to 2034) | 7.2% CAGR |
| Projected Value (2034F) | US$ 58 Million |
Numerous people in Japan reside in urban areas where outdoor space is limited. Residential electric grills offer a convenient solution for consumers living in homes or apartments with no outdoor space or small balconies. They enable people to enjoy grilling without any requirements for large outdoor areas.
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Category-wise Insights
Which Type of Residential Electric Grill is Gaining Prominence in East Asia?
“Technological Advancements and Environmental Consideration Stimulating Demand for Built-in Electric Grills”
| Attribute | Built-in Electric Grills |
|---|---|
| Segment Value (2024E) | US$ 48.3 Million |
| Growth Rate (2024 to 2034) | 8.6% CAGR |
| Projected Value (2034F) | US$ 110.5 Million |
Built-in residential electric grills are projected to benefit from technological advancements similar to standalone electric grills. Integrated lighting, smart temperature control, and Wi-Fi connectivity of built-in electric grills are projected to increase their appeal and cooking experience for tech-savvy homeowners. Moreover, electric grills with minimal emissions compared to conventional gas or charcoal grills are projected to align with sustainability goals. With rising environmental concerns, an increased demand for built-in electric grills is also encountered.
Why are Sales of Residential Electric Grills High in Home Improvement Centers?
“Accessibility and Convenience Aspects of Home Improvement Centers”
| Attribute | Home Improvement Centers |
|---|---|
| Segment Value (2024E) | US$ 43.1 Million |
| Growth Rate (2024 to 2034) | 9.1% CAGR |
| Projected Value (2034F) | US$ 103.3 Million |
As per the study published by Fact.MR, a market research and competitive intelligence provider, home improvement centers can offer consumers a space to browse multiple models, do a comparative analysis of product features, and then make purchases. These centers generally provide numerous promotions, sales events, and discounts to attract individuals interested in residential electric grills. The accessibility and convenience of home improvement centers are estimated to make them popular destinations for consumers, who are willing to purchase residential electric grills.
Competition Landscape
Key manufacturers of residential electric grills in East Asia focus on offering products with more efficiency. In addition, growing spending by these companies for new development, quality control, and management of supply chain systems can help get a competitive edge. Some of the prominent manufacturers of residential electric grills include Zojirushi Corporation, Tiger Corporation, Panasonic Corporation, Tefal, Cuisinart, and Philips.
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Segmentation of Residential Electric Grills Study in East Asia
-
By Product :
- Built-in Electric Grills
- Portable Electric Grills
-
By Pricing :
- Low (Below 50 US$)
- Medium (50 US$ to 100 US$)
- High (Above 100 US$)
-
By Application :
- Indoor
- Outdoor
-
By Material :
- Plastic
- Steel
- Aluminum
-
By Power Rating :
- Below 5kW
- 5 to 10 kW
- Above 10kW
-
By Cooking Area :
- Under 200 Square Inches
- 200 to 400 Square Inches
-
By Distribution Channel :
- Home Improvement Centers
- Discount Department Stores
- Hardware Stores
- Warehouse Membership Clubs
- Direct-to-consumer
- Department Stores
- Specialty Stores
-
By Country :
- China
- Japan
- South Korea
- FAQs -
What are the estimated sales of residential electric grills in East Asia?
Sales of residential electric grills in East Asia are calculated at US$ 83.7 million for 2024.
What is the anticipated value for the East Asia market by the end of 2034?
The market in in East Asia is anticipated to reach US$ 185.9 million by 2034.
At what rate are the sales of residential electric grills forecasted to rise in East Asia?
The East Asian market is forecasted to expand at a CAGR of 8.3% from 2024 to 2034.
What is the market situation for residential electric grills in China?
Sales of residential electric grills in China are estimated at US$ 48.8 million in 2024.
At what rate is the demand for residential electric grills projected to increase in South Korea?
The market in South Korea is projected to advance at a CAGR of 10.1% from 2024 to 2034.
What is the contribution of home improvement centers to the East Asian market?
Home improvement centers are set to account for more than 55% sales in East Asia by 2034.
How much share of the East Asian market are indoor electric grills projected to account for by 2034?
Indoor electric grills are set to account for more than 73% share of the East Asian market by 2034.
Residential Electric Grill Sales in East Asia and Opportunity Analysis