+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia-Pacific Kitchen Hood Market Outlook 2027

  • PDF Icon

    Report

  • 74 Pages
  • August 2022
  • Region: Asia Pacific
  • Bonafide Research
  • ID: 5393453
10% Free customization
1h Free Analyst Time
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The Asia-Pacific is emerging as the fastest-growing market of range hood products. The market growth is primarily driven by the increasing food chains. With the increasing awareness of proper ventilation facilities in developing countries of the Asia Pacific region, range hood products are replacing exhaust fans as they are more effective in the ventilation process. Also, the changing lifestyles due to busy work schedules, particularly in countries like India and China, are driving the market. Whereas, increasing awareness of product benefits and high consumer spending capacity is playing a major role in the growth of the demand. Around the Asia-Pacific market, fast food businesses are growing more and more well-liked. To eat their favorite foods and spend time with their family or friends, people love to visit these establishments. This has led to a rise in global food chains, which has given the industry attractive new growth potential. To ensure cleanliness, almost all fast food chains choose to install modern range hoods. Many businesses use many layers of lining, a foundation for dampening sound, and motors for filtering systems to reduce noise, which is projected to further contribute to the market's growth. The range hood market is expanding as a result of changing lifestyle patterns brought on by rigorous work schedules, as well as an increase in the number of restaurant chains and food chains, especially in emerging nations like China and India.

According to the author, “Asia-Pacific kitchen hood market outlook, 2027” the market is expected to have CAGR value of 6.96% in the forecast period. In 2021, the market value was worth USD 2.08 Billion. Due to rising urbanization, the inclusion of women in the workforce, the rise of the middle class, and the introduction of new markets, markets in China, India, and other nearby nations are seeing rapid growth. Many manufacturers are putting more of an emphasis on automating people's daily tasks in order to relieve them of some of their burdens. The newest trends in household appliances, including kitchen appliances, are energy efficiency and connection in accordance with the IoT (Internet of Things), wherein the majority of appliances may be operated remotely or are outfitted with sensors to automatically manage the appliances. This segment is anticipated to grow mostly due to smart appliances. Kitchen equipment may be chosen to meet the size of the kitchen in new and renovated homes. Across a range of pricing points, the appliances come with frills or are also available without frills. Distribution is notably leaning toward channels with steep discounts, such as private label goods stores, mega markets that offer steep discounts via tax breaks and manufacturer partnerships, and e-commerce, which has been posing as a significant rival to other sellers due to the steep discounts and other offers.

Developing Economies like China and India are expected to lead the market in near future. With the benefit to allow more people to cook together, Customers across the Asia Pacific region are making investments in modular kitchens and are adopting advanced kitchen appliances to improve their home aesthetics. Also, In China, India, Japan, and South Korea, the rising disposable income of customers creates a huge demand for range hood products. Furthermore, the rising number of food service providers is also driving the growth. The Indian market for commercial range hoods is expected to capture a large industry share in the market during the forecast period. Manufacturers launching some of the advanced products with AI-enabled features, voice assistance, wireless connectivity, etc. are some of the latest trends prevailing in the market. Markets in India and China and other surrounding countries are registering high growth due to the increasing urbanization, the inclusion of women in the workplace, expanding middle class, and the inclusion of new marketplaces. Several manufacturers are focusing more on automating people's daily activities by taking a load off their shoulders.

COVID-19 IMPACT

Range hood manufacturing was little impacted by the COVID-19 epidemic. The market saw a decline in sales in the first half of 2020 as a result of consumer choice shifts toward buying necessities and financial uncertainties. The reopening of important markets throughout the world and the rise in the number of home remodeling projects, however, have resulted in an increase in demand for range hoods

Major Companies:

Asko Appliances, Broan-nuTone, BSH Home Appliance, Elica S.P.A, Faber S.P.A, Falmec S.P.A, Samsung Electronics Co. Ltd, Miele Inc, Panasonic Corporation, Whirlpool Corporation, Fotile Overseas Kitchen Appliances, Viking Range, LLC and LG Electronics.

Considered in this Report:

  • Geography: Asia-pacific
  • Historic year: 2016
  • Base Year: 2021
  • Estimated year: 2022
  • Forecast period: 2027

Aspects covered in this report

  • Asia-Pacific Kitchen Hood market with its value and forecast along with its segments
  • Country-wise kitchen hood market analysis
  • Various drivers and challenges
  • Ongoing trends and developments
  • Five force models
  • Top profiled companies
  • Strategic recommendation

Countries covered in the report

  • China
  • India
  • Japan
  • Australia

Segments covered in the report

By Product

  • Under Cabinet
  • Wall cabinet
  • Ceiling mount
  • Others

By Sales Channel

  • Online
  • Offline

By Application

  • Residential
  • Commercial

Table of Contents

1. Executive Summary2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic/ Demographic Snapshots
5. Global Kitchen Hood Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Product Type
5.2.2. By Sales Channel
5.2.3. By Application
5.2.4. By Region
5.2.5. By Country
5.2.6. By Company
6. Asia-Pacific kitchen Hood Market outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Product Type
6.2.2. By Sales Channel
6.2.3. By Application
6.2.4. By Country
6.3. China Kitchen Hood Market Outlook
6.3.1. Market Size by Value
6.3.2. Market Share
6.3.2.1. By Product Type
6.3.2.2. By Sales Channel
6.3.2.3. By Application
6.4. Japan Kitchen Hood Market Outlook
6.4.1. Market Size by Value
6.4.2. Market Share
6.4.2.1. By Product Type
6.4.2.2. By Sales Channel
6.4.2.3. By Application
6.5. India Kitchen Hood Market Outlook
6.5.1. Market Size by Value
6.5.2. Market Share
6.5.2.1. By Product Type
6.5.2.2. By Sales Channel
6.5.2.3. By Application
6.6. Australia Kitchen Hood Market Outlook
6.6.1. Market Size by Value
6.6.2. Market Share
6.6.2.1. By Product Type
6.6.2.2. By Sales Channel
6.6.2.3. By Application
7. Market Dynamics
7.1. Key Drivers
7.2. Key Challenges
8. Market Trends and Developments
9. Company Profiles
9.1. Asko Appliances
9.2. Broan-NuTone
9.3. BSH Home Appliances
9.4. Elica S.P.A
9.5. Faber S.P.A
9.6. Falmec S.P.A
9.7. Samsung Electronics Co. Ltd
9.8. Miele, Inc
9.9. Panasonic Corporation
9.10. Whirlpool Corporation
9.11. Fotile Overseas Kitchen Appliances
9.12. Viking Range, LLC
9.13. LG Electronics
10. Strategic Recommendations11. Disclaimer
List of Figures
Figure 1: Global Kitchen Hood Market Size - By Value 2016 to 2027F (In USD Billion)
Figure 2: Global Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 3: Global Kitchen Hood Market Share - By Application (2016, 2021&2027F)
Figure 4: Asia-Pacific Kitchen Hood Market Size - By Value 2016 to 2027F (In USD Billion)
Figure 5: Asia-pacific Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 6: Asia-Pacific Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 7: Asia-pacific Kitchen Hood Market Share - By Application (2016, 2021&2027F)
Figure 8: China Kitchen Hood Market Size - By Value 2016 to 2027F (In USD Billion)
Figure 9: China Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 10: China Kitchen Hood Market Share - By Application (2016, 2021&2027F)
Figure 11: Japan Kitchen Hood Market Size - By Value 2016 to 2027F (In USD Billion)
Figure 12: Japan Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 13: Japan Kitchen Hood Market Share - By Application (2016, 2021&2027F)
Figure 14: India Kitchen Hood Market Size - By Value 2016 to 2027F (In USD Billion)
Figure 15: India Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 16: India Kitchen Hood Market Share - By Application (2016, 2021&2027F)
Figure 17: Australia Kitchen Hood Market Size - By Value 2016 to 2027F (In USD Billion)
Figure 18: Australia Kitchen Hood Market Share - By Sales Channel (2016, 2021&2027F)
Figure 19: Australia Kitchen Hood Market Share - By Application (2016, 2021&2027F)
List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Kitchen Hood Market Share By Product Type (2016, 2021&2027F)
Table 5: Global Kitchen Hood Market Share by Region (2016, 2021&2027F)
Table 6: Global Kitchen Hood Market Share by Country (2016, 2021&2027F)
Table 7: Global Kitchen Hood Market Share by Company (2021)
Table 8: Asia-Pacific Kitchen Hood Market Share By Product Type (2016, 2021&2027F)
Table 9: Asia-Pacific Kitchen Hood Market Share by Country (2016, 2021&2027F)
Table 10: China Kitchen Hood Market Value size By Product Type (In USD Billion) (2016, 2021&2027F)
Table 11: China Kitchen Hood Market Share By Product Type (2016, 2021&2027F)
Table 12: China Kitchen Hood Market Growth By Product Type (2016, 2021&2027F)
Table 13: Japan Kitchen Hood Market Value size By Product Type (In USD Billion) (2016, 2021&2027F)
Table 14: Japan Kitchen Hood Market Share By Product Type (2016, 2021&2027F)
Table 15: Japan Kitchen Hood Market Growth By Product Type (2016, 2021&2027F)
Table 16: India Kitchen Hood Market Value size By Product Type (In USD Billion) (2016, 2021&2027F)
Table 17: India Kitchen Hood Market Share By Product Type (2016, 2021&2027F)
Table 18: India Kitchen Hood Market Growth By Product Type (2016, 2021&2027F)
Table 19: Australia Kitchen Hood Market Value size By Product Type (In USD Billion) (2016, 2021&2027F)
Table 20: Australia Kitchen Hood Market Share By Product Type (2016, 2021&2027F)
Table 21: Australia Kitchen Hood Market Growth By Product Type (2016, 2021&2027F)
Table 22: Key Facts of Asko Appliances
Table 23: Key Facts of Broan Inc.
Table 24: Key Facts of BSH Home Appliances
Table 25: Key Facts of Elica S.P.A
Table 26: Key Facts of Faber S.P.A
Table 27: Key Facts of Falmec S.P.A
Table 28: Key Facts of Samsung Electronics Co. Ltd
Table 29: Key Facts of Miele, Inc
Table 30: Key Facts of Panasonic Corporation
Table 31: Key Facts of Whirlpool Corporation
Table 32: Key Facts of Fotile Overseas Kitchen Appliances
Table 33: Key Facts of Viking Range, LLC
Table 34: Key Facts of LG Electronics