The range hood market has been slightly impacted during the COVID-19 pandemic. The temporary closure of manufacturing facilities and raw material shortages have had a negative impact on the range hood production process. However, the market is witnessing positive growth owing to the easing of lockdown measures and increased consumer spending on home improvement.
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The ceiling mount range is expected to see significant market growth through 2028. It is mounted and ventilated through a duct in the ceiling. These systems are ideal for large open kitchens. They have a greater extraction capacity compared to other types of range hoods and are installed above a cooking ceiling kitchen configuration, keeping the kitchen cooler and fresher.
the North America The range hood market is expected to grow steadily through 2028 owing to the availability of a variety of range hoods for different kitchen configurations. The manufacturers of North America offer various product lines and colors to coordinate with modern kitchen interiors and residential or commercial settings. Such product innovations and technical advancements in new range hoods support strong demand in the United States and Canada.
The kitchen range hood market players are focusing on launching new products with advanced features to strengthen their consumer base. For example, in October 2020, Broan-NuTone, LLC. launched a new collection of chimney hoods. The company offers three new designer models available in stainless steel and black stainless steel. In addition, these new collections are designed to offer better functionality and the latest features such as bright LED lighting, three-speed touch controls and an integrated front panel.
Some of the key findings of the Kitchen Hoods Market report include:
- The benefits, such as affordability and compact size, associated with under cabinet range hoods will drive the market demand for these devices. The under-cabinet range hood segment holds a high share of the market due to its penetration in the household segment.
- Consumers are turning to online shopping options due to high discounts and easy availability in all regions. Additionally, the growing collaborations of manufacturers with e-commerce players are increasing the sales, driving the growth of the range hood market.
- Commercial applications in the range hood industry are expected to gain a high share. This can be attributed to the transformation of kitchens and commercial designs which now incorporate small and compact ventilation and exhaust systems, including hoods, to optimize the use of space.
- Increase in demand for major household appliances in the UAE and Saudi Arabia is expected to propel the demand for range hoods over the forecast period due to the high spending capacity of consumers. The growing demand for modern range hoods with sleek and aesthetic designs will support the growth of the industry in the region.
- Major players operating in this market are Faber, Asko Appliances, Broan, Inc., BSH Group, CaptiveAire Systems, Faber SpA, Kobe Range Hoods, Miele, Inc., Pacific, Samsung Electronics, Panasonic Corporation, Vent-A-Hood, Viking Range, LLC, Whirlpool Corporation, Windster Hoods, Zephyr Ventilation, Falmec SpA and Fotile Overseas Kitchen Appliance.
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Partial chapters of the table of contents (TOC) of the report:
Chapter 2 Executive Summary
2.1 360 Range Hood Industry0 summary, 2018 – 2028
2.2 Trade trends
2.2.1 Regional trends
2.2.2 Product trends
2.2.3 Application trends
2.2.4 Distribution channel trends
Chapter 3 Industry Overview of Range Hoods
3.2 Impact of the COVID-19 outbreak
3.3 Impact of the Russo-Ukrainian War
3.4 Kitchen Hood Industry Ecosystem Analysis
3.5 Technology and innovation landscape
3.6 Regulatory landscape
3.7 Industry impact forces
3.7.1 Drivers of growth
22.214.171.124 Increase in number of quick service restaurants and food joints across the world
126.96.36.199 Increase in consumer disposable income in North America will support range hoods in residential applications
188.8.131.52 Implementation of strict government food safety and hygiene regulations in North America & Europe
184.108.40.206 Growing Demand for Range Hoods in Modular Kitchens Latin America and Europe
220.127.116.11 Increase consumer awareness and product popularity in Asian countries
18.104.22.168 Rapid development of residential infrastructure in China, Japanand Australia
22.214.171.124 Proliferation of South African kitchen appliance industry
3.7.2 Industry Pitfalls and Challenges
126.96.36.199 High initial cost of range hoods
188.8.131.52 Limited consumer awareness in small countries
184.108.40.206 Availability of low cost exhaust systems
3.8 Investment Portfolio
3.9 Analysis of growth potential
3.10 Porter’s analysis
3.11 PESTEL analysis
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