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Range Hood Market Trends, Share, Size, Growth Drivers, and Forecast 2024-2032

According to IMARC Group’s latest research report, titled “Range Hood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” offers a comprehensive analysis of the industry, which comprises insights on the range hood market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global range hood market size reached US$ 16.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.89% during 2024-2032.

Range Hood Market Overview:

A range hood, also known as an exhaust hood or extractor hood, is a crucial appliance installed above a cooking stove or range to remove airborne contaminants, odors, smoke, and grease particles generated during cooking. It consists of a canopy or hood that captures the pollutants and a fan or blower that expels them outside or filters them before recirculating the air back into the kitchen. The primary function of a range hood is to improve indoor air quality by effectively venting out pollutants that can be harmful and unpleasant. As cooking involves the release of smoke, steam, and grease particles, a range hood helps prevent them from accumulating in the kitchen and spreading to other areas of the house. By removing these contaminants, it helps maintain a cleaner and healthier environment.

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Range Hood Market Trends:

The global market is majorly driven by the increasing focus on kitchen aesthetics. As homeowners place greater importance on the overall design and visual appeal of their kitchens, they seek range hoods that not only provide functionality but also enhance the aesthetic appeal of the space. This has led to a demand for range hoods with stylish designs, customizable options, and various finishes to match different kitchen décors. Another significant driver is the growing concern about indoor air quality. With rising awareness about the health impacts of indoor air pollution, particularly in the kitchen where cooking can release smoke, odors, and pollutants, consumers are preferring range hoods that effectively remove airborne contaminants and improve ventilation. The need for cleaner and healthier indoor environments drives the demand for range hoods with efficient filtration systems and powerful extraction capabilities.

Competitive Landscape with Key Players:

  • Broan-NuTone LLC (Madison Industries Holdings LLC)
  • Bsh Home Appliances Limited (BSH Hausgeräte GmbH)
  • Electrolux AB
  • Elica S.p.A.
  • Faber S.p.A. (Franke Holding AG)
  • Fotile America LLC
  • Gorenje (Hisense Group)
  • Guangdong Vanward New Electric Co. Ltd.
  • Haier Group Corporation
  • Midea Group
  • Miele
  • Panasonic Holdings Corporation
  • Samsung Electronics Co. Ltd.
  • Whirlpool Corporation

Key Market Segmentation:

Product Insights:

  • Ceiling Mount
  • Wall Mount
  • Under Cabinet
  • Others

Distribution Channel Insights:

  • Offline
  • Online

Application Insights:

  • Residential
  • Commercial

Breakup by Region:

  • North America (United States, Canada)
  • Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance 
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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