The UAE Kitchen Hood Market is Projected to Grow at a CAGR of 11.5% From 2018 to 2024
UAE kitchen hood market registered sluggish growth attributed to economic slowdown as a result of oil price crisis over the last few years. However, upcoming new residential supply units, increasing number of hotels, restaurants, and quick service restaurants (QSRs) along with rising consumer awareness towards health, rising modern lifestyle, adoption for smart living as well as attractive kitchen solutions particularly modular kitchens are some of the key factors that would propel the growth of kitchen hood market.
According to this research, UAE Kitchen hood market is projected to grow at a CAGR of 11.5% from 2018 to 2024. The market registered slow growth in revenues during 2015-16 owing to slump in oil prices, which primarily affected both government spending and disposable income of households. UAE recorded a decline of kitchen hood's sales in 2015 as compared to 2014, resulting in the overall weakening of Kitchen hood market revenues in 2015; however, the market is anticipated to bounce back with the recovery of oil prices post 2017, majorly due to burgeoning construction activities leading to rising number of hotels, hotel apartments, QSR, cafes, and others.
In UAE, Dubai accounted for largest revenue share in the country, followed by Abu Dhabi and Northern regions. Major construction projects across commercial and residential verticals, coupled with increasing health awareness among consumers are the key factors leading to the growth of kitchen hood market. Some of the key players in UAE Kitchen hood market- BSH Home Appliances, Elica, Faber, Teka, Whirlpool, AB Electrolux, CNA Group, Elba, Miele Appliances, and Candy.
The report thoroughly covers the market of kitchen hood in UAE by installation types, fitting types, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Historical Data of GCC Kitchen Hood market for the Period 2014-2017
- Market Size & Forecast of GCC Kitchen Hood Market until 2024
- Historical Data of UAE Kitchen Hood Market for the Period 2014-2017
- Market Size & Forecast of UAE Kitchen Hood Market until 2024
- Historical Data of UAE Wall Mounted Kitchen Hood Market for the Period 2014-2017
- Market Size & Forecast of UAE Wall Mounted Kitchen Hood Market until 2024
- Historical Data of UAE Island Mounted Kitchen Hood Market for the Period 2014-2017
- Market Size & Forecast of UAE Island Mounted Kitchen Hood Market until 2024
- Historic Data of UAE Kitchen Under-Cabinet Kitchen Hood Market for the Period 2014-2017
- Market Size & Forecast of UAE Under-Cabinet Kitchen Hood Market until 2024
- Historical Data and Forecast of UAE Kitchen Hood Market, By Applications 2014-2024
- Historical Data and Forecast of UAE Kitchen Hood Market, By Regions 2014-2024
- Historical Data and Forecast of UAE Kitchen Hood Market, By Fitting Types for the Period 2014-2024
- Market Drivers and Restraints
- Key Players Market Share
- Competitive Benchmarking
- Key Strategic Recommendations
Markets Covered:
The report provides a detailed analysis of the following market segments:
By Installation Type:
- Wall Mounted
- Island Mounted
- Under-Cabinet
By Applications:
- Residential
- Commercial
By Fitting Type:
- Ducted/Extracting
- Ductless/Recirculated
By Regions:
- Dubai
- Abu Dhabi
- Northern Emirates
Table of Contents
1. Executive Summary
Samples
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Companies Mentioned
- AB Electrolux (publ)
- BSH Home Appliances FZE
- CNA Group SA
- Candy Hoover Srl
- Elica S.p.A
- Fisher & Paykel Appliances Italy S.p.A
- Franke L.L.C
- Miele Appliances Ltd.
- Teka Kuchentechnik UAE LLC
- Whirlpool MEA S.p.A