Global Residential Cooker Hoods Market, By 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), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, E-Commerce, and Others), Country (China, India, South Korea, Japan, Singapore, Malaysia, Thailand, Australia, and New Zealand, Indonesia, Philippines, Malaysia and Rest of Asia-Pacific, Germany, U.K., France, Turkey, Russia, Italy, Spain, Switzerland, Netherlands, Belgium, Poland and Rest of Europe, United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel and Rest of the Middle East and Africa, U.S., Canada, and Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Residential Cooker Hoods Market
The global residential cooker hoods market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.3% in the forecast period of 2021 to 2028 and is expected to reach USD 7,027,486.26 thousand by 2028.
A kitchen hood, also known as an exhaust hood or range hood, is a device that hangs over the stove or cooktop in the kitchen and contains a mechanical fan. A stove hood is also known as a cooker hood, vent hood, or ventilation hood. Cooking canopy, extractor fan, fume extractor, and electric chimney are some of the other names for this device.
The demand for the global residential cooker hoods market is increasing as there rise in the per capita income of working-class society. Utilizing more power consumption, which impacts the consumer pockets, can be a restraint to the market. The incorporation of IoT-enabled kitchen appliances can be an opportunity for residential cooker hoods in the market. But lack of skilled resources can be a challenge in the global residential cooker hoods market.
This global residential cooker hoods market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.
Global Residential Cooker Hoods Market Scope and Market Size
The global residential cooker hoods market is segmented based on product, suction power, distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the global residential cooker hoods market is segmented into wall-mounted hoods, under-cabinet type hoods, ceiling-mounted hoods, downdraft, and others. In 2021, the wall-mounted hoods segment is expected to dominate globally due to the low average price of wall-mounted hoods compared to other cooker hood products.
- On the basis of suction power, the global residential cooker hoods market is segmented into less than 800 m3/h, 800-1200 m3/h, and more than 1200 m3/h. In 2021, less than 800 m3/h is expected to dominate because it is cheaper than the other suction power rating and can be accessible to middle-class families.
- On the basis of distribution channel, the global residential cooker hoods market is segmented into specialty stores, supermarkets/hypermarkets, e-commerce, and others. In 2021, the specialty stores segment is expected to dominate because owners who provide efficient product demonstrations can turn their businesses into hotspots for enthusiasts.
Global Residential Cooker Hoods Market Level Analysis
The global residential cooker hoods market is analyzed, and market size information is provided by country, product, suction power, distribution channel.
The countries covered in the global residential cooker hood market report are as U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Luxemburg, and the rest of Europe, China, South Korea, India, Japan, Australia, New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, South Africa, Egypt, Saudi Arabia, U.A.E., Israel and Rest of the Middle East and Africa.
- In the Asia-Pacific region, China dominates the global residential cooker hoods market as the growth of the manufacturing sector in this country is high. In the North American region, the U.S. dominates due to growing innovations and developments in the manufacturing of products. In the European region, Germany dominates due to the highest CAGR and purchasing power in the region.
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 new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of the global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Global Residential Cooker Hoods Industry
The global residential cooker hoods market also provides you with detailed market analysis for every country's growth in an installed base of different kinds of products for the market, the impact of technology using lifeline curves, and changes in infant formula regulatory scenarios and their impact on the global residential cooker hoods market. The data is available for the historical period 2010 to 2019.
Competitive Landscape and Global Residential Cooker Hoods Market Share Analysis
The global residential cooker hoods market competitive landscape provides details by the 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, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus on the global residential cooker hoods market.
The major players covered in the global residential cooker hoods report are ASKO, Broan- NuTone, LLC. (A subsidiary of Madison Industries), Robert Bosch GmbH, ELICA, Faber S.P.A., Falmec SPA, FOTILE, KOBE Range Hoods, Miele, Pacific Hoods Inc., Panasonic Corporation, Whirlpool Corporation, Samsung, IFB Industries Limited, Vent-A-Hood, Zephyr Ventilation, Windster Hoods, VIKING RANGE, LLC (A subsidiary of Middleby Corporation), Luxair Cooker Hoods Limited, Franke Management AG, KAFF Appliances, Arçelik, CNA Group, Haier Group, Teka Group, Robam Living, Midea, VATTI, Novy, BEST Range Hoods, among other players domestic and regional. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instances,
- In January 2021, Zephyr Ventilation launched the New Zephyr Connect App, especially for the range hood. The application controls the hood from anywhere in the home. This technology will help to attract new customers and increase the sales revenue
- In August 2019, VATTI pre-launching convention was held in Pakistan to welcome distributors of the household appliances in Islamabad, Rawalpindi. With this development, the company had increased its regional presence and generated more sales
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