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Asia-Pacific Residential Cooker Hoods Market – Industry Trends and Forecast to 2031

FMCG

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Asia-Pacific Residential Cooker Hoods Market – Industry Trends and Forecast to 2031

  • FMCG
  • Upcoming Report
  • May 2024
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Residential Cooker Hoods Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 2.27 Billion
Diagram Market Size (Forecast Year) USD 3.11 Billion
Diagram CAGR %

Major Markets Players

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Asia-Pacific Residential Cooker Hoods Market, By Technology (Ducting/Extraction, and Recycling/Ductless), Price (Low, Medium, and High), Product (Wall Mounted Hoods, Under Cabinet Type Hoods, Ceiling Mounted Hoods, Downdraft, and Others), Suction Power (Less Than 800 M3/H, 800-1200 M3/H, and More Than 1200 M3/H), Material (Stainless steel, Copper, Bronze, Zinc, Tempered glass, Aluminum, Brass, and Heat-resistant plastic), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, E-Commerce, and Others) – Industry Trends and Forecast to 2031.

Asia-Pacific Residential Cooker Hoods Market

Asia-Pacific Residential Cooker Hoods Market Analysis and Size

In the residential cooker hoods market, advancements in technology have spurred remarkable growth. The latest innovations offer enhanced efficiency, sleek designs, and smart functionalities, catering to diverse consumer needs. From powerful extraction systems to noise reduction features, these advancements ensure optimal ventilation and a seamless cooking experience. This progression signals a promising future for the residential cooker hoods sector.

The Asia-Pacific residential cooker hoods market size was valued at USD 2.27 billion in 2023 which is projected to reach USD 3.11 billion by 2031, with a CAGR of 4.03% during the forecast period 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016- 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Technology (Ducting/Extraction, and Recycling/Ductless), Price (Low, Medium, and High), Product (Wall Mounted Hoods, Under Cabinet Type Hoods, Ceiling Mounted Hoods, Downdraft, and Others), Suction Power (Less Than 800 M3/H, 800-1200 M3/H, and More Than 1200 M3/H), Material (Stainless steel, Copper, Bronze, Zinc, Tempered glass, Aluminum, Brass, and Heat-resistant plastic), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, E-Commerce, and Others)

Countries Covered

Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC),

Market Players Covered

Robert Bosch GmbH (Germany), Whirlpool Corporation (Japan), SAMSUNG (South Korea), Haier lnc. (India), Panasonic Corporation (Japan), Franke Group (Switzerland), Luxair Cooker Hoods Limited (U.K.), Arçelik (U.K.), Broan-NuTone, LLC. (U.S.), Miele (Germany), elica (Italy), Faber S.P.A (Italy), IFB Appliances (India), Midea (China), VATTI (China), Teka Group (Switzerland)

Market Opportunities

  • Rise in Aesthetic Considerations
  • Regulatory Requirements and Standards

Market Definition

Residential cooker hoods, also known as cooker range hood or kitchen hoods, are essential kitchen appliances designed to remove airborne grease, smoke, heat, and odors generated during cooking. They typically consist of a canopy or hood installed above the cooktop or range, with a fan that draws in air and vents it outside or filters it before recirculating. These hoods improve indoor air quality and prevent grease buildup in the kitchen.

Asia-Pacific Residential Cooker Hoods Market Dynamics

Drivers

  • Growing Awareness of Health and Hygiene

The escalating consciousness regarding indoor air quality and health hazards associated with cooking emissions fuels a surging demand for cooker hoods, pivotal for sustaining a hygienic kitchen atmosphere. For instance, in urban areas where compact living is prevalent, households prioritize cooker hoods equipped with advanced filtration systems to efficiently eliminate cooking odors and airborne contaminants, ensuring a healthier living environment for inhabitants.

  • Growing Urbanization and Compact Living Spaces

The trend of urbanization and shrinking living spaces is fueling demand for compact and efficient kitchen appliances such as cooker hoods. Consumers seek appliances that maximize functionality while minimizing space usage. For instance, sleek and slim-profile cooker hoods designed to fit seamlessly into small kitchen layouts are gaining popularity. These appliances efficiently extract cooking odors and grease, addressing the needs of urban dwellers without compromising on living space.

Opportunities

  • Rise in Aesthetic Considerations

The emphasis on aesthetics in cooker hoods presents a lucrative opportunity in the market. Manufacturers can cater to consumer preferences by offering stylish and customizable options that seamlessly blend with various kitchen decors. For instance, companies could introduce sleek, stainless steel cooker hoods with customizable color panels to match different kitchen themes, thereby appealing to consumers who prioritize both functionality and design harmony in their living spaces.

  • Regulatory Requirements and Standards

Stringent regulations mandating indoor air quality and ventilation standards in residential buildings present a significant opportunity for the cooker hoods market. Compliance-driven demand fosters innovation and encourages manufacturers to develop high-quality, efficient cooker hoods. For instance, the European Union's Energy Labelling and Ecodesign Regulations set strict energy efficiency standards for household appliances, including cooker hoods, driving the market towards more environmentally friendly and efficient products.

Restraints/Challenges

  • High Prices of Hoods

Cooker hoods price drive lower-middle-class families towards substitutes including exhaust fans, which is restraining market growth. Economic ventilation options are favored, especially in emerging economies. Exceeding demands incurs unnecessary costs and noise. Powerful blowers increase electricity usage, leading to soaring monthly energy expenses, reflecting inefficient spending on unnecessary products.

  • Complexity in  Installation

The complexity of installing cooker hoods demands professional expertise, contributing to higher overall costs. This requirement may discourage potential buyers who prefer simpler installations or wish to avoid additional expenses. The necessity for specialized skills can act as a barrier for consumers considering purchasing residential cooker hoods.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In 2024, ROBAM, a prominent leader in kitchen appliances, unveiled its newest ultra-slim and powerful range hood at the Kitchen and Bath Industry Show in Las Vegas, showcasing innovation in ventilation technology
  • In 2023, Electrolux introduced a comprehensive range of built-in kitchen appliances in India, including range cooker hood filters, ovens, microwaves, hobs, coffee machines, and dishwashers, expanding its offerings to cater to diverse consumer needs
  • In 2021, Franke expanded its cooker hood lineup with two new RRP-priced variants: Gavia, featuring a traditional T-shape and available in stainless steel, and Joy, boasting a T-shaped stainless steel design, available in 90cm and 60cm widths, with triple-speed settings and a maximum extraction rate of 430 m3/h

Asia-Pacific Residential Cooker Hoods Market Scope

The market is segmented on the basis of technology, price, product, suction power, material and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

  • Ducting/Extraction
  • Recycling/Ductless

 Price

  • Low
  • Medium
  • High

 Product

  • Wall Mounted Hoods
  • Under Cabinet Type Hoods
  • Ceiling Mounted Hoods
  • Downdraft
  • Others

 Suction Power

  • Less Than 800 M3/H
  • 800-1200 M3/H
  • More Than 1200 M3/H

 Material

  • Stainless steel
  • Copper
  • Bronze
  • Zinc
  • Tempered glass
  • Aluminum
  • Brass
  • Heat-resistant plastic

 Distribution Channel

  • Specialty Stores
  • Supermarkets/Hypermarkets
  • E-Commerce
  • Others

Asia-Pacific Residential Cooker Hoods Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by technology, price, product, suction power, material and distribution channel as referenced above.

The countries covered in the market report are Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC).

China is expected to dominate the residential cooker hoods market, leading in revenue and market share due to robust residential construction growth. Integration of cooker hood into apartments by construction firms continues to rise, fueling market expansion in the region with sustained momentum projected.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Asia-Pacific Residential Cooker Hoods Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

  • Robert Bosch GmbH (Germany)
  • Whirlpool Corporation (Japan)
  • SAMSUNG (South Korea)
  • Haier lnc. (India)
  • Panasonic Corporation (Japan)
  • Franke Group (Switzerland)
  • Luxair Cooker Hoods Limited (U.K.)
  • Arçelik (U.K.)
  • Broan-NuTone, LLC. (U.S.)
  • Miele (Germany)
  • elica (Italy)
  • Faber S.P.A (Italy)
  • IFB Appliances (India)
  • Midea (China), VATTI (China)
  • Teka Group (Switzerland)


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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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FREQUENTLY ASK QUESTIONS

The Asia-Pacific Residential Cooker Hoods Market size will be worth USD 3.11 billion by 2031.
The Asia-Pacific Residential Cooker Hoods Market growth rate will be 4.03% by 2031.
Growing Urbanization, Compact Living Spaces, Growing Awareness of Health and Hygiene are the growth drivers of the Asia-Pacific Residential Cooker Hoods Market.
The technology, price, product, suction power, material and distribution channel are the factors on which the Asia-Pacific Residential Cooker Hoods Market research is based.
The major companies in the Asia-Pacific Residential Cooker Hoods Market are Robert Bosch GmbH (Germany), Whirlpool Corporation (Japan), SAMSUNG (South Korea), Haier lnc. (India), Panasonic Corporation (Japan), Franke Group (Switzerland), Luxair Cooker Hoods Limited (U.K.), Arçelik (U.K.), Broan-NuTone, LLC. (U.S.), Miele (Germany), elica (Italy), Faber S.P.A (Italy), IFB Appliances (India), Midea (China), VATTI (China), Teka Group (Switzerland).
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