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Range Hood Market by Product (Ceiling Mount, Wall Mount, Under Cabinet, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2023-2028

March 2023 | 143 pages | ID: R0EA3BEC71BCEN
IMARC Group

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Market Overview:

The global range hood market size reached US$ 15.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.60% during 2023-2028. The rising awareness regarding indoor air quality, increasing consumer preference for smart home appliances, and various technological advancements represent some of the key factors driving the market.

A range hood refers to an appliance typically mounted above a stove or cooktop in a kitchen. It consists of a canopy, fan, and filter and may also include lights and other features. It is manufactured using stainless steel, copper, bronze, aluminum, bronze, nickel silver, zinc, brass, heat-resistant plastics, and tempered glass. A range hood is widely used to capture, filter, vent out and remove smoke, heat, steam, cooking grease, odors, and other pollutants released into the air while cooking. It helps to reduce heat and humidity, improve air quality, enhance lighting, add aesthetic appeal, and improve cleanliness. It also provides added ventilation, increases safety, protects appliances, and reduces maintenance. 

Range Hood Market Trends:

The rising awareness regarding indoor air quality across the globe is one of the key factors driving the market growth. In line with this, the widespread product adoption in residential establishments as it reduces the risk of fire by removing smoke and steam from the kitchen and carbon monoxide (CO) poisoning by venting the air outside, which, in turn, is favoring the market growth. Moreover, the growing construction and renovation activities, the increasing demand for efficient storage, and a space-saving range hood that provides effective ventilation are other growth-inducing factors. Apart from this, manufacturers are focusing on the development of innovative devices owing to consumer preference for smart features, such as wireless connectivity, installation of temperature, optic, and infrared sensors, and noise reduction features, in the products is providing an impetus to the market growth. Furthermore, the integration of the Internet of Things (IoT) technology in a range hood that assists in remote controlling, monitoring the performance, providing an alert regarding filter change and replacement, smart scheduling, and automatic detection is propelling the market growth. Additionally, the increasing inclination toward high-end range hoods with advanced features, such as built-in lighting, digital controls, and energy-efficient motors, due to the rising expenditure capacities of consumers is positively influencing the market growth. Other factors, including the implementation of various government initiatives regarding cleanliness and hygiene in restaurants and food chains, the easy product availability across e-commerce platforms, the launch of low-cost variants, increasing consumer preference for smart home appliances, and changing lifestyles, are anticipated to drive the market growth further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global range hood market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on product, distribution channel, and application.

Product Insights:

Ceiling Mount
Wall Mount
Under Cabinet
Others
 

The report has provided a detailed breakup and analysis of the range hood market based on the product. This includes ceiling mount, wall mount, under cabinet, and others. According to the report, wall mount represented the largest segment.

Distribution Channel Insights:

Offline
Online
 

The report has provided a detailed breakup and analysis of the range hood market based on the distribution channel. This includes offline and online. According to the report, offline represented the largest segment.

Application Insights:

Residential
Commercial
 

The report has provided a detailed breakup and analysis of the range hood market based on the application. This includes residential and commercial. According to the report, residential represented the largest segment.

Regional Insights:

North America

United States
Canada

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa
 

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for range hood. Some of the factors driving the Asia Pacific range hood market included the growing construction and renovation activities, various product innovations, and increasing demand for energy-efficient range hoods.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global range hood market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Broan-NuTone LLC (Madison Industries Holdings LLC), Bsh Home Appliances Limited (BSH Hausgerдte 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, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global range hood market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global range hood market?
What are the key regional markets?
Which countries represent the most attractive range hood markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What is the competitive structure of the global range hood market?
Who are the key players/companies in the global range hood market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL RANGE HOOD MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Ceiling Mount
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Wall Mount
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Under Cabinet
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY DISTRIBUTION CHANNEL

7.1 Offline
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Online
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Residential
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Commercial
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 DRIVERS, RESTRAINTS, AND OPPORTUNITIES

10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Broan-NuTone LLC (Madison Industries Holdings LLC)
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Bsh Home Appliances Limited (BSH Hausgerдte GmbH)
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Electrolux AB
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Elica S.p.A.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
  14.3.5 Faber S.p.A. (Franke Holding AG)
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 Fotile America LLC
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Gorenje (Hisense Group)
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Guangdong Vanward New Electric Co. Ltd.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
  14.3.9 Haier Group Corporation
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Midea Group
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
  14.3.11 Miele
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Panasonic Holdings Corporation
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
    14.3.12.3 Financials
    14.3.12.4 SWOT Analysis
  14.3.13 Samsung Electronics Co. Ltd.
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio
    14.3.13.3 Financials
    14.3.13.4 SWOT Analysis
  14.3.14 Whirlpool Corporation
    14.3.14.1 Company Overview
    14.3.14.2 Product Portfolio
    14.3.14.3 Financials
    14.3.14.4 SWOT AnalysisKindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

LIST OF TABLES

Table 1: Global: Range Hood Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Range Hood Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Range Hood Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 4: Global: Range Hood Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Range Hood Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Range Hood Market: Competitive Structure
Table 7: Global: Range Hood Market: Key Players


LIST OF FIGURES

Figure 1: Global: Range Hood Market: Major Drivers and Challenges
Figure 2: Global: Range Hood Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Range Hood Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Range Hood Market: Breakup by Product (in %), 2022
Figure 5: Global: Range Hood Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Range Hood Market: Breakup by Application (in %), 2022
Figure 7: Global: Range Hood Market: Breakup by Region (in %), 2022
Figure 8: Global: Range Hood (Ceiling Mount) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Range Hood (Ceiling Mount) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Range Hood (Wall Mount) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Range Hood (Wall Mount) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Range Hood (Under Cabinet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Range Hood (Under Cabinet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Range Hood (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Range Hood (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Range Hood (Offline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Range Hood (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Range Hood (Online) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Range Hood (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Range Hood (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Range Hood (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Range Hood (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Range Hood (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: North America: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: North America: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: United States: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: United States: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Canada: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Canada: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Asia-Pacific: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Asia-Pacific: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: China: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: China: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Japan: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Japan: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: India: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: India: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: South Korea: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: South Korea: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Australia: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Australia: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Indonesia: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Indonesia: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Others: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Others: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Europe: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Europe: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Germany: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Germany: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: France: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: France: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: United Kingdom: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: United Kingdom: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Italy: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Italy: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Spain: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Spain: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Russia: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Russia: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Latin America: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Latin America: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Brazil: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Brazil: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Mexico: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Mexico: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Middle East and Africa: Range Hood Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Middle East and Africa: Range Hood Market: Breakup by Country (in %), 2022
Figure 72: Middle East and Africa: Range Hood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Global: Range Hood Industry: Drivers, Restraints, and Opportunities
Figure 74: Global: Range Hood Industry: Value Chain Analysis
Figure 75: Global: Range Hood Industry: Porter's Five Forces Analysis


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