$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 continue to 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. These trends caused revenue to heighten at a CAGR of 0.3% to an estimated $8.5 billion through the end of 2024, including a growth 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 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
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.
High inflationary pressures dampen appeal of gas grills
Barbecue and outdoor cooking stores retail barbecue grills and related accessories. A limited number of retailers only sell barbeque equipment and, as a result, home improvement stores, department stores and supercenters sell the majority of industry goods. Stores that sell equipment exclusively online are excluded from the industry.
Purchase this report to view all 4 major companies in this industry.
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.
High rate of grill ownership bolsters key revenue channels. As more consumers continued to acquire grills and outdoor cooking products, it enabled a higher level of demand fo...
Learn about an industry's products and services, markets and trends in international trade.
High popularity and quality of food bolsters demand for charcoal grills. The prevalent popularity and ease of usage of charcoal grills ensures customers across a variety of m...
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 a higher percentage of customers across a variety ...
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 consistently compete on price to ensure they can capture the largest possible customer base while supporting t...
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.
Growth in the number of households bolsters the market base for operators. As the number of households continues to rise, it opens up a larger customer base for new and exist...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Volatility in prices dampens profitability. The growth in price-based competition and shaky microeconomic conditions among consumers caused profit to slip.
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
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.