The ‘Cooking Hood Global Market Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global cooking hood market, assessing the market on the basis of its segments like products, suction powers, applications, distribution channels, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Cooking Hood Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): Nearly USD 13.6 Billion
- Forecast CAGR (2023-2028): 5.10%
- Forecast Market Size (2028): Around USD 18.2 Billion
Some of the prominent cooking hood market drivers are surging disposable incomes, increasing health concerns, rising investments by consumers in advanced kitchen solutions, and growing awareness regarding best cooking practices. Cooking hoods are essential to eliminate heat, odour, and smoke during cooking and to improve the air quality of kitchens.
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The product is also used to provide an optimal cooking environment, prevent excessive carbon monoxide during cooking, and reduce greasy build-up. Cooking hoods also offer innovative lighting features, and they can enhance the aesthetics of kitchens.
Key players in the market are launching innovative cooking hoods featuring remote control, superior monitoring, and advantages like enhanced operability and convenience, among others.
Cooking Hood Industry Definition and Major Segments
Cooking hoods, variously known as kitchen hoods, are a type of home appliance that contain exhaust fans set up over the cooking area. They absorb splattering, steam grease into a concentrated area, and minimise the settling of cooking residues. They offer various benefits such as improving the air quality of cooking areas and enhancing food safety.
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The market, on the basis of product, is categorised into:
- Wall Mounted Hoods
- Ceiling Mounted Hoods
- Under Cabinet Mounted Hoods
- Others
Based on suction power, the market is divided into:
- Less than 800 m3/h
- 800-1200 m3/h
- More than 1200 m3/h
The various applications of cooking hood are:
- Residential
- Commercial
By distribution channel, the market is bifurcated into:
- Online
- Offline
The major regional markets of cooking hood include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Cooking Hood Market Trends
With the emerging trend of dining out, pop-up restaurants and small-size speciality restaurants are gaining popularity. This is driving the utilisation of cooking hoods to ensure the cleanliness and hygiene of commercial kitchens and the removal of excessive heat.
The development of innovative cooking hoods that are easy to clean and maintain, portable, offer strong suction power, and enable users to regulate hood speed in accordance with their requirements is expected to propel the market growth.
The cooking hood market in North America is witnessing a significant growth due to the surging popularity of cooking hoods in kitchen setups, the rising usage of technologically advanced equipment in kitchens, and the increasing awareness regarding the importance of cooking hoods.
Key Market Players
The major players in the cooking hood market report are
- AB Electrolux
- Whirlpool Corporation
- Haier Group
- Broan-NuTone LLC
- Hangzhou Robam Appliances Co.,Ltd.
- Elica S.p.A.
- Groupe SEB
- LG Corporation
- General Electric Company
- BSH Home Appliances Group
- Miele Incorporated
- Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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