Kitchen Hood Market Size, Share, Growth, And Industry Analysis, By Type (Wall Mount Hood, Under Cabinet Hood, Island Hood, Downdraft Hood, and Others), By Application (Commercial and Home), Regional Forecast By 2031

Kitchen Hood Market Report Overview

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The global kitchen hood market size was USD 9141.8 million in 2022 & the market is expected to reach USD 11,452.66 million in 2031, exhibiting a CAGR of 2.5% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with kitchen hood experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

A kitchen hood, which hangs above the stove or cooktop, is a device used to clean the air in the kitchen and contains a mechanical fan. By expelling the air and filtering it, it eliminates airborne grease, combustion products, fumes, smoke, odors, heat, and steam. A cooking hood is a category of household equipment that has an exhaust fan installed over the cooking surface. As it draws in and filters out air, they are primarily used to remove grease, oil, fumes, heat, and other combustion byproducts. The cooking hood constantly and continuously replaces the numerous fumes that are produced during cooking with fresh air.

COVID-19 Impact: Lockdown Restriction to Hamper Market Advancements

There has been little growth in several industries and kitchen hoods during the COVID-19 pandemic. The nation's trade has been impacted by the travel restrictions. The imposed lockdown and travel restrictions have an impact on all markets, including the kitchen hood sector. On the other hand, the pandemic has increased people's awareness of hygiene and health; for example, preparing meals can release smoke that can irritate people's respiratory systems, and smoke particles can attach to kitchen walls and cause dust to accumulate there. All these issues are avoided by a kitchen hood, which will drive the industry in the upcoming years.

Latest Trends

"Technological Advancements to Augment Market Growth"

The cooking hood industry is the alteration in people's lives around the world. The demand for smart home appliances that are wirelessly connected and have cutting-edge technological features like sensors for effective performance is growing, and the presence of strict regulations by various regional governments regarding cleanliness and hygiene in restaurants and food chains that require the installation of cooking hoods in the kitchens is boosting the market's expansion. The market is also influenced by the increase in the installation of cooking hoods due to their numerous advantages, including improved safety, reduced heat, and maintenance of air quality. Consumer awareness of the advantages of maintaining a clean and hygienic cooking environment is also rising which is expected to drive the kitchen hood market growth in the coming years.

Kitchen Hood Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Wall Mount Hood, Under Cabinet Hood, Island Hood, Downdraft Hood, and Others.

• By Application Analysis

Based on application, the market can be divided into Commercial and Home.

Driving Factors

"Ready-to-Install Cabinets to Provide Impetus to Market"

The rise of modular kitchens and customer demand for practical kitchen appliances are driving the market for kitchen range hoods. Over time, Indian kitchens have seen transformations. Modular kitchens have taken the place of crate-built ones as disposable income and the need for convenience goods have both increased. Because they can be altered to suit the preferences of the customer, these cabinets are frequently referred to as "ready-to-install" cabinets. Kitchen hoods have become more popular as a result, and they have more swiftly entered the market.

"Increase in Eating Establishments to Fuel Market Growth"

Globally, and particularly in developing nations, the number of commercial dining facilities is increasing as a result of the expanding out-of-home eating habit. The need for kitchen hoods has increased in line with this increase in eating establishments. Because exhaust treatment options are a fundamental component of kitchen design, this is the reason. Additionally, many nations have regulations and rules that the kitchen must follow.

Restraining Factors

"High Maintenance to Impede Market Expansion"

Generally speaking, ducted kitchen hoods are preferred to ductless ones in commercial kitchens. Given contemporary ducted kitchen hoods have bigger ranges, the smoke, fumes, or dirty air they produce should be vented outdoors.

On the other side, it is anticipated that the availability of several substitute alternatives will impede market expansion. In the coming years, the kitchen hood industry is expected to face challenges due to worries about the high maintenance expenses of the product.

Kitchen Hood Market Regional Insights

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"Increasing Demand for Smart Devices to Flourish Market in North America"

North America held the largest kitchen hood market share and is anticipated to grow even more steadily. The region's rapid adoption of cutting-edge technology and the resulting demand for connected and smart devices, particularly in nations like Canada and Mexico, are the primary market drivers.

Asia Pacific market is expanding quickly due to rising consumer buying power and strong demand brought on by growing product advantages. Demand for the product is also being driven by a rise in the demand for practical cleaning solutions brought on by an increase in working people, particularly in developing nations like China and India.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

LIST OF TOP KITCHEN HOOD COMPANIES

• BSH Group (Germany)
• Electrolux (Sweden)
• Whirlpool (U.S.)
• ROBAM (China)
• Elica (Italy)
• Fuji Industrial (Japan)
• VATTI (China)
• Miele (Germany)
• FOTILE (China)
• Midea (China)
• Nortek (U.S.)
• SACON (India)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.