Global Cooking Hood Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Cooking Hood Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global cooking hood market report has been segmented on the basis of product type, suction power, application, sales channel, and region.
Global Cooking Hood Market: Overview
A cooking hood is also called a range hood or kitchen hood. It is an electronic appliance which comprises of a mechanical fan which is installed above the cooktop or cooking stove in the kitchen. It is used to exhale fumes, grease, smoke, heat, and stem from the air through filtration and evacuation of the air.
Global Cooking Hood Market: Dynamics
An increasing number of food retail chains, restaurants, and food service outlets is one of the key factor expected to drive growth of the global market. Increasing adoption of these cooking hoods as a part of the interior design of the kitchen space among households is a factor expected to drive growth of target market. In addition, increasing awareness regarding health benefits associated with the installation of these hoods such as it helps to keep the air clean, removes excess heat generated during the cooking process, etc. is a factor expected to support the revenue growth of target market. Increasing R&D activities and investments by manufacturers as well as technological advancements in these hoods in terms of designs, features, and technology to sustain in a competition environment and meet the changing requirements of the consumers are some additional factors anticipated to drive growth of target market over the forecast period.
However, the high cost of cooking hoods and maintenance are some of the major factor expected to hamper the global market growth to a certain extent.
Global Cooking Hood Market: Segmental Analysis
Among the product type segments, the ceiling mounted hoods segment is projected to register significant growth, owing to their compact design and require less space for installation. Among the suction power segments, the more than 1200 m3/h is anticipated to register substantial growth. Among the application segments, the commercial segment is expected to register substantial growth, owing to, a growing number of restaurants, hotels, and other food service providers. Among the sales channel segments, the online segment is projected to account for significant revenue shares of the global market, owing to availability of these products at discounted prices, doorstep delivery of the product and hassle-free shopping experience to consumers.
Global Cooking Hood Market: Regional Analysis
Markets for cooking hood in Europe and North America are projected to register significant revenue shares in the target market. This can be attributed to increasing awareness regarding health and hygiene among consumers. In addition, a growing number of fast food restaurants, hotels, and food service centers in the regions is a factor expected to fuel growth of the target market. Moreover, changing consumer preferences coupled with high disposable income are key factors anticipated to propel the target market growth. Asia Pacific cooking hood market is projected to register significant growth over the forecast period. This is due to rapid urbanization, improved standard of living, and inclination towards advanced cooking hoods which comprise of sensors and other related features are some factors expected to fuel growth of the target market in Asia Pacific region.
Global Cooking Hood Market Segmentation:
Segmentation by Product Type:
- Ceiling Mounted Hoods
- Wall Mounted Hoods
- Under Cabinet Type Hoods
Segmentation by Suction Power:
- Less than 800 m3/h
- 800-1200 m3/h
- More than 1200 m3/h
Segmentation by Application:
Segmentation by Sales Channel:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Whirlpool Corporation.
- Samsung Electronics Co. Ltd.
- Panasonic Corporation
- Asko Appliances AB
- BSH Home Appliances Corporation
- Broan, Inc.
- Elica S.p.A.
- Falmec S.p.A.
- Miele, Inc.
- Faber S.p.A.
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