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Range Hood Market Share

  • Report ID: GMI4421
  • Published Date: Apr 2022
  • Report Format: PDF
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Range Hood Market Share

Manufacturers are adopting various marketing & business strategies to support their consumer bases and increase their market revenues. Companies are also launching new range hoods with differentiated features and various new updates. For instance, in January 2022, Broan-NuTone, LLC. announced the launch of a new kitchen appliances series with improved air quality systems. The new series will include dehumidifiers, range hoods, and other ventilation systems. This will assist the company in increasing its consumer base globally.
 

The key range hood market participants include :

  • Faber
  • Asko Appliances
  • Broan, Inc
  • BSH Group
  • CaptiveAire Systems
  • Faber S.p.A
  • Kobe Range Hoods
  • Miele, Inc.
  • Pacific
  • Samsung Electronics
  • Panasonic Corporation
  • Vent-A-Hood
  • Viking Range, LLC
  • Whirlpool Corporation
  • Windster Hoods
  • Zephyr Ventilation
  • Falmec S.p.A
  • Fotile Overseas Kitchen Appliances.
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of range hood valued at USD 15 billion in 2021 and is pegged to register a CAGR of more than 6% between 2022 and 2028 driven by the rising number of quick-service restaurants and the expanding foodservice sector.

The wall-mount product segment accounted for close to 40% of the market share in 2021 and will witness expansion owing to growing installation in residential & commercial kitchens given their ability to clean smoke or lingering smell.

Demand for residential range hood accounted for more than USD 10 billion in 2021 on account of the escalating disposable incomes and rising penetration of electricity distributors providing uninterrupted electricity supply.

Asia Pacific market size crossed USD 9 billion in 2021 and will rise through 2028 owing to the increasing number of new food joints and Quick Service Restaurants (QSRs) notably in China, India, and Japan.

Range Hood Market Scope

  • Range Hood Market Size
  • Range Hood Market Analysis
  • Range Hood Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 19
    • Tables & Figures: 416
    • Countries covered: 16
    • Pages: 300
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