The countertop griddle market size is projected to be valued at US$ 2.4 Bn in 2023 and it is anticipated to surpass US$ 3.9 Bn by 2033. The sales of countertop griddles are anticipated to rise at a CAGR of 4.8% during the forecast period.
Consumer lifestyle changes, rising premium product acceptance across categories, and a desire for cutting-edge technological features like ease and compactness are driving the market for countertop griddles. Countertop griddles are widely popular due to their light weight, portability, and lack of installation requirements. Working-class professionals value characteristics like durability and portability combined with cutting-edge technology. Countertop griddle sales are increasing as a result of industry trends such as automated temperature control and three heating zones.
The demand for countertop griddles is rising as they are more practical and convenient to use as they don’t need to be checked for temperature, has charcoal added, or deal with smoke. Additionally, the device offers clients the advantages they desire, such as using countertop griddles at home for patio parties, outdoor barbecues, and other outdoor gatherings.
Countertop griddles are utilized in business settings like hotels and restaurants to prepare many meals and are seeing market expansion due to technological advancements. Different types of griddles, including those that are flat, chrome-finished, grooved, or double-sided, are offered by producers on the market. Additionally, new features connected to electric countertop griddles are anticipated to aid businesses in competing in the international market. For greater productivity in its electric countertop griddles, the Vulcan company, for instance, provides quick recovery, IRX infrared burner technology, and composite griddle plates.
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Key Takeaways from Countertop Griddle Market
- By type, the countertop electric griddle segment dominated the market with a CAGR of 4.9% during the forecast period.
- By material, the steel segment is anticipated to dominate the market with a CAGR of 4.4% during the forecast period.
- The U.S. is anticipated to lead the countertop griddle market with a share of US$ 1.3 Bn by 2033, growing at a CAGR of 4% during the forecast period.
- The U.K. countertop griddle market is anticipated to be valued at US$ 151.1 Mn by 2033, growing at a CAGR of 3.1% during the forecast period.
- China’s countertop griddle market is anticipated to be valued at US$ 262.8 Mn by 2033, growing at a CAGR of 3.9% during the forecast period.
- Japan’s countertop griddle market is anticipated to be valued at US$ 210.2 Mn by 2033, growing at a CAGR of 2.8% during the forecast period.
- South Korea countertop griddle market is anticipated to be valued at US$ 120.9 Mn by 2033, growing at a CAGR of 1.8% during the forecast period.
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Who is Winning?
Players in the market are focusing more on the countertop griddle’s thickness and control type since these factors contribute to operational effectiveness and temperature uniformity. The countertop griddle manufacturers provide several griddle plates with thicknesses of 1 inch, 1 1/2 inches, or more. Leading companies in the market are Oster, BSTY Home, Black+Decker, and Zojirushi.
Manufacturers on the market provide flat or grooved countertop griddles with polished or chrome-plated surfaces. The flat countertop griddles are primarily used to give dependability and continuous performance. Some manufacturers provide griddles with grooves that create score marks; the extra grease is then directed into a grease trough.
Countertop Griddle Market Segmentation
By Type:
- Countertop Electric Griddle
- Countertop Gas Griddle
By Application:
- Hotel and Restaurant,
- Bakery Stores
- Other Applications
By Material:
- Steel
- Rapid Recovery Composite
- Chrome
By Sales Channel:
- Direct Sales
- Retail Sales
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- MEA
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