What is Global Range Hood Fans Market?
The Global Range Hood Fans Market is a vast and dynamic sector that encompasses a variety of products designed to improve air quality in kitchens. These devices, which are installed above cooktops and stoves, work by removing smoke, heat, and airborne grease particles that are produced during cooking. The market's value was estimated at US$ 12050 million in 2022, and it is projected to grow to US$ 16020 million by 2029. This represents a compound annual growth rate (CAGR) of 4.1% from 2023 to 2029.
Wall-Chimney Hood, Under-Cabinet Hood, Island Hood, Downdraft Hood, Others in the Global Range Hood Fans Market:
The Global Range Hood Fans Market is segmented into several types, including Wall-Chimney Hood, Under-Cabinet Hood, Island Hood, Downdraft Hood, and others. The Wall-Chimney Hood is the most popular type, accounting for about 40% of the market. These hoods are mounted on the wall and vent to the outside, providing efficient smoke and odor removal. Under-Cabinet Hoods are installed beneath kitchen cabinets and can either vent to the outside or recirculate air through filters. Island Hoods are designed for kitchens with an island cooktop, while Downdraft Hoods are integrated into the cooktop and pull air down through a duct. The "Others" category includes a variety of specialized and custom hood designs.
On-line Shop, Franchised Store, Shopping Mall & Supermarket, Others in the Global Range Hood Fans Market:
The Global Range Hood Fans Market products are sold through various channels, including On-line Shops, Franchised Stores, Shopping Malls & Supermarkets, and others. Franchised Stores are the primary sales channel, accounting for about 45% of the market. These stores often offer a wide range of products and brands, allowing consumers to compare and choose the best option for their needs. Online Shops have also become increasingly popular due to the convenience and variety they offer. Shopping Malls & Supermarkets provide another avenue for consumers to purchase these products, often as part of a larger home improvement or appliance purchase. The "Others" category includes a variety of other sales channels, such as direct sales from manufacturers or specialized kitchen supply stores.
Global Range Hood Fans Market Outlook:
In summary, the Global Range Hood Fans Market is a growing and diverse market, with a variety of products and sales channels. The market's value is projected to increase significantly over the next several years, driven by consumer demand for improved kitchen air quality and the wide range of products available. The top three players in the market currently hold about 20% of the market share, indicating a highly competitive market environment.
| Report Metric | Details |
| Report Name | Range Hood Fans Market |
| Accounted market size in 2022 | US$ 12050 in million |
| Forecasted market size in 2029 | US$ 16020 million |
| CAGR | 4.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | BSH Group, Electrolux, Whirlpool, Elica, ROBAM, Fuji Industrial, VATTI, Miele, FOTILE, Midea, Nortek, SACON, FABER, Haier, Macro, DE&E, Panasonic, FAGOR, Tecnowind, Vanward, SAKURA, Sanfer, Bertazzoni, Summit |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
