What is Global Range Hood Market?
The Global Range Hood Market is a comprehensive study of the various types of range hoods available worldwide and their usage in different sectors. A range hood, also known as an extractor hood, is a device containing a mechanical fan that hangs above the stove or cooktop in the kitchen. It removes airborne grease, combustion products, fumes, smoke, heat, and steam from the air by evacuation of the air and filtration. The global market for these range hoods is vast and diverse, with a multitude of manufacturers and suppliers catering to various consumer needs and preferences. The market is driven by factors such as the increasing focus on kitchen aesthetics, advancements in cooking technologies, and the growing trend of modular kitchens. However, the market also faces challenges such as high installation costs and maintenance issues. Despite these challenges, the market continues to grow, driven by the increasing demand for efficient and advanced kitchen appliances.
Under-cabinet Hood, Wall-chimney Hood, Island Hood, Downdraft Hood, Other in the Global Range Hood Market:
The Global Range Hood Market is segmented into various types, including Under-cabinet Hood, Wall-chimney Hood, Island Hood, Downdraft Hood, and others. Each type has its unique features and advantages, catering to different consumer needs and kitchen layouts. The Under-cabinet Hood is compact and ideal for smaller kitchens, while the Wall-chimney Hood is perfect for larger kitchens with more cooking space. The Island Hood is designed for kitchens with a central island layout, and the Downdraft Hood is ideal for kitchens where the stove is located away from the wall. Each type has its market share, with some being more popular than others based on factors such as cost, installation ease, and efficiency.
On-line, Franchised Store, Shopping Mall and Supermarket, Others in the Global Range Hood Market:
The Global Range Hood Market finds its usage in various areas, including online platforms, franchised stores, shopping malls, supermarkets, and others. Online platforms have become a popular choice for consumers due to the convenience of shopping from home and the wide range of options available. Franchised stores offer the advantage of expert advice and after-sales service, while shopping malls and supermarkets provide the benefit of physical inspection before purchase. Each of these areas has its share in the market, with some being more popular than others based on factors such as convenience, product range, and customer service.
Global Range Hood Market Outlook:
The Global Range Hood Market outlook highlights that the market was valued at US$ 10900 million in 2022 and is expected to reach US$ 14490 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period of 2023-2029. The market is dominated by the top 3 players, who occupy about 30% of the global market shares. China is the main market for range hoods, accounting for about 35% of the global market. The Wall-chimney Hood is the most popular type, with a market share of about 40%. The franchised store is the main application area, holding a market share of over 40%. This data provides a clear picture of the current market scenario and the key players in the market.
| Report Metric | Details |
| Report Name | Range Hood Market |
| Accounted market size in 2022 | US$ 10900 in million |
| Forecasted market size in 2029 | US$ 14490 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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| Production by Region |
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| Consumption by Region |
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| By Company | BSH Group, Electrolux, Whirlpool, Elica, ROBAM, VATTI, FABER, Miele, FOTILE, DE & E, Panasonic, Midea, Haier, FAGOR, Nortek, Vanward, Macro, Tecnowind, SAKURA, Sanfer, Bertazzoni, Summit |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
