Outdoor Kitchen Market - Super Charged Growth
January 29, 2024
Donna M. Skolnick
Calling All Dealers
Outdoor Kitchen Market - Super Charged Growth
The outdoor kitchen market is expected to grow significantly in the next five years. Researchers predict that the outdoor kitchen industry will see a compound annual growth rate of 14.7% from 2021 to 2026.
One of the main drivers of this growth is the increasing popularity of outdoor living spaces. As people spend more time at home due to the COVID-19 pandemic, they are looking for ways to enhance their outdoor living spaces. Outdoor kitchens provide a way to entertain guests and cook meals outside, creating a comfortable and enjoyable outdoor living experience.
Additionally, the rising trend of "staycations" has increased demand for outdoor kitchens as homeowners look to create a vacation-like atmosphere in their own backyard. Outdoor kitchens provide an opportunity to extend living space outdoors, allowing homeowners to fully utilize their property and create a more functional and enjoyable living experience.
Outdoor Kitchen Islands Research
According to a report by ResearchAndMarkets.com, the global outdoor kitchen market size is expected to reach USD 40 billion by 2030, growing at a CAGR of 8.3% during the forecast period. The report highlights the increasing demand for luxury outdoor living spaces and the growing trend of outdoor cooking as key factors driving the growth of the outdoor kitchen market.
The report also notes that North America is expected to dominate the market during the forecast period, due to the region's high per capita income and the popularity of outdoor living spaces. Additionally, the report predicts that the residential segment will be the largest application segment in the outdoor kitchen market, driven by the increasing demand for outdoor living and entertainment spaces in residential properties.
Furthermore, the rise of smart home technology is also expected to contribute to the growth of the outdoor kitchen market. Smart outdoor kitchens allow homeowners to control cooking temperatures, lighting, and other features remotely using a smartphone or tablet. This technology not only enhances the convenience and functionality of outdoor kitchens but also appeals to tech-savvy consumers who are looking for innovative and high-tech solutions.
The outdoor kitchen market is expected to experience significant growth over the next five years due to factors such as the increasing popularity of outdoor living spaces, the trend of staycations, and the rise of smart home technology. The market is predicted to be dominated by North America, with the residential segment being the largest application segment. With a compound annual growth rate of 14.7% from 2021 to 2026, the outdoor kitchen market presents a promising opportunity for businesses in the industry.
To take advantage of the booming outdoor kitchen island trend, become a Casa Bella Outdoor Kitchen Dealer. Give us a call at 973-520-7114.
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Casa Bella Outdoor Kitchen Cabinetry's customizable and durable cabinetry options can elevate the design and functionality of any outdoor kitchen island. Complete your outdoor kitchen island with Casa Bella Outdoor Kitchen Cabinetry, crafted from marine-grade aluminum in six designer colors, ensuring durability and style that lasts for years of outdoor enjoyment.
- ResearchAndMarkets.com. (2020). Outdoor Kitchen Market Size, Share & Trends Analysis Report By Product (Built-In, Freestanding), By Application (Residential, Commercial), By Region (North America, Europe, APAC), And Segment Forecasts, 2020 - 2025. Retrieved from https://www.researchandmarkets.com/reports/4969928/outdoor-kitchen-market-size-share-and-trends
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