Report ID: SQMIG25H2041
Report ID:
SQMIG25H2041 |
Region:
Global |
Published Date: February, 2024
Pages:
223
|
Tables:
62 |
Figures:
77
Outdoor Kitchen Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 8.5% during the forecast period (2025-2032).
Global market growth is accelerating due to the increasing purchasing power of consumers. The market expansion over the anticipated years is being outpaced by the rising popularity of outdoor culinary events and the rising number of hotels and restaurants. Rymer Strategies Company reports that 78% of boomers and 68% of millennials are willing to spend more than USD 5,000 more for an aesthetic outdoor living area. Outdoor living spaces have become increasingly popular, with people incorporating outdoor kitchens, yoga spaces, mini-gyms, and grilling areas into their homes. This trend has increased demand for outdoor kitchen cabinets, as people invest in luxury lifestyles and seek to create functional and stylish outdoor spaces. Germany had USD 516.23 billion (EUR 504.54 billion) in disposable personal income in past years, which is expected to rise to USD 544.47 billion (EUR 532.14 billion) in 2022, according to the Federal Statistical Office. The market growth is restrained due to the high setup costs for outdoor kitchens.
US Outdoor Kitchen Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25H2041