Market Size of Sweden Household Electric Grills Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | < 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Sweden Household Electric Grills Market Analysis
COVID-19 impacted Sweden's electric grill market supply chain. It disrupted the logistics of international companies and halted the manufacturing of electric grills due to the non-availability of components; however, People in Sweden are becoming health-conscious, which, in turn, has increased the demand for electric grills as grilled food consumes less oil and are considered healthy option to eat. It witnessed an increased influence on the healthy diet, and due to the nutritional qualities of grilled food, the market in Sweden is also growing.
In 2021, Revenues from Household Electric Grills Market accounted for USD 18.4 million in Sweden, per capita revenue was USD 1.81, and the average volume per person was 0.07 pieces. In 2021, it witnessed 0.73 million pieces, up 23% from the last five years. This growth is because COVID-19 changed customers to tend to be more health-conscious. The price of the electric grill is expected to increase by around 4% CAGR for the next five years.
Outdoor grill contributes a major share of around 65% of the electric grill market. Meanwhile, Indoor Grill sales account for 35% in Sweden as people are more interested in outdoor events such as social gatherings and camping, and consumers prefer supplementing meals with grilled food products. Because of features such as ease of maintenance, easy installation, and mobility, consumers investing in electric grills for outdoor kitchens are increasing rapidly.
Sweden Household Electric Grills Industry Segmentation
An electric grill is a cooking device that uses electrical heating elements instead of gas fires or charcoal as the heat medium. An electric grill provides quick and easy options for users to enjoy the taste of grilled food without a lot of mess. Sweden's Household Electric Grills Market is segmented By Product (Electric Griddles, Electric Smokers), By Type (Indoor Grills, Outdoor Grills), By Application (Residential, Commercial), and By Distribution channel (Online, Offline).
Product | |
Electric Griddles | |
Electric Smokers |
Type | |
Indoor Grills | |
Outdoor Grills |
Application | |
Residential | |
Commercial |
Distribution Channel | |
Online | |
Offline |
Sweden Household Electric Grills Market Size Summary
The Sweden household electric grills market is experiencing growth driven by a rising health consciousness among consumers, who are increasingly opting for grilled foods due to their nutritional benefits and lower oil content. The market faced challenges during the COVID-19 pandemic, which disrupted supply chains and manufacturing processes. However, the demand for electric grills has rebounded as consumers seek healthier cooking options. The market is characterized by a significant preference for outdoor grills, which account for a major share of the market, as consumers engage in social gatherings and outdoor activities. The ease of maintenance, installation, and mobility of electric grills further contribute to their popularity, with consumers investing in these appliances for both indoor and outdoor use.
The market is also influenced by changing consumer lifestyles and a growing inclination towards homemade grilled foods. The average per capita revenue from electric grills is expected to see a slight decline in the coming years, despite the increasing popularity of electric barbecues. The market is dominated by a few major international players, with companies like George Foreman, Weber, and MUURIKKA leading the way. These companies are expanding their market presence through technological advancements and product innovations. The growing number of social events and the consumer preference for grilled food products continue to boost electric grill sales, making it a dynamic and evolving market in Sweden.
Sweden Household Electric Grills Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Supply Chain/ Value Chain Analysis
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1.5 Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Insights into Technological Advancements in the Industry
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1.7 Impact of Covid-19 in the Industry
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Electric Griddles
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2.1.2 Electric Smokers
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2.2 Type
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2.2.1 Indoor Grills
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2.2.2 Outdoor Grills
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2.3 Application
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2.3.1 Residential
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2.3.2 Commercial
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2.4 Distribution Channel
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2.4.1 Online
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2.4.2 Offline
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Sweden Household Electric Grills Market Size FAQs
What is the current Sweden Household Electric Grills Market size?
The Sweden Household Electric Grills Market is projected to register a CAGR of less than 4% during the forecast period (2024-2029)
Who are the key players in Sweden Household Electric Grills Market?
GEORGE FOREMAN, Etsy, CADAC, PARKoGRILL and Weber Inc are the major companies operating in the Sweden Household Electric Grills Market.