The "Household Range Hoods Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Household Range Hoods market is expected to grow annually by 9.7% (CAGR 2024 - 2031).
This entire report is of 179 pages.
Household Range Hoods Introduction and its Market Analysis
Household Range Hoods are ventilation systems designed to remove airborne grease, combustion products, fumes, smoke, odors, heat, and steam from the air. The global Household Range Hoods market is driven by factors such as increasing awareness about indoor air quality, growing urbanization, rising disposable income, and the trend of open kitchens. Companies such as BSH Group, Electrolux, Whirlpool, Elica, and ROBAM are the key players in this market. The market report provides insights into market trends, key players, market size, growth opportunities, and recommendations for stakeholders to enhance their market presence and capitalize on growth opportunities.
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The Household Range Hoods market is segmented into Type I and Type II products, each catering to different consumer needs. Type I range hoods are traditional ducted hoods, while Type II range hoods are usually ductless and provide more flexible installation options. These products are commonly used in kitchens and other cooking areas of households, making them essential appliances for maintaining clean indoor air quality.
In terms of applications, Household Range Hoods are widely used in Application I, such as residential kitchens, and Application II, which includes restaurants and commercial kitchens. This diverse application range ensures a steady demand for range hoods in various settings.
Regulatory and legal factors specific to the market conditions play a crucial role in shaping the landscape of the Household Range Hoods market. Compliance with safety standards, energy efficiency regulations, and ventilation guidelines are some of the key factors that manufacturers and consumers need to consider when purchasing and installing range hoods. Adhering to these regulations ensures that range hoods meet the necessary requirements for performance and safety, creating a safer and healthier environment for consumers.
Top Featured Companies Dominating the Global Household Range Hoods Market
The global Household Range Hoods Market is highly competitive and fragmented with the presence of several key players such as BSH Group, Electrolux, Whirlpool, Elica, ROBAM, VATTI, FABER, Miele, FOTILE, SACON, Kenmore, DE&E, Panasonic, Midea, Haier, FAGOR, Nortek, Vanward, Macro, Tecnowind, SAKURA, Sanfer, Bertazzoni, and Summit. These companies offer a wide range of household range hoods with different features and designs to cater to the diverse needs of consumers.
BSH Group, Electrolux, and Whirlpool are some of the leading companies in the market, offering innovative and high-quality range hoods to customers. Elica and FOTILE are known for their advanced technology and stylish designs, while Miele and Faber are renowned for their premium-quality products. Other companies such as SACON, Kenmore, and Panasonic focus on providing affordable yet reliable range hoods for budget-conscious consumers.
These companies help grow the Household Range Hoods Market by investing in research and development to introduce new and improved products with enhanced features and functionalities. They also expand their distribution channels to reach a wider customer base and engage in strategic partnerships and acquisitions to strengthen their market presence.
In terms of sales revenue, some of the above-listed companies have reported impressive figures. For example, BSH Group reported a revenue of $ billion in 2020, while Electrolux reported sales of $13.1 billion. Whirlpool generated revenue of $19.4 billion in the same year, showcasing the significant market share these companies hold in the Household Range Hoods Market.
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Household Range Hoods Market Analysis, by Type:
Type I household range hoods are vented to the outside and are typically used in kitchens where grease and smoke are the primary concern. Type II range hoods, on the other hand, only filter and recirculate air, making them suitable for kitchens with lower cooking demands. The variety in types allows consumers to choose the hood that best fits their needs, leading to increased demand in the household range hood market. Type I hoods are popular for their effectiveness in removing odors and improving indoor air quality, while Type II hoods offer a more affordable option for those with lighter cooking needs.
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Household Range Hoods Market Analysis, by Application:
Household Range Hoods are commonly used in kitchens to remove airborne grease, smoke, and cooking odors. Application I includes ventilation of gas stoves and ovens to prevent indoor air pollution. Application II involves enhancing indoor air quality by capturing and filtering pollutants. The fastest-growing application segment in terms of revenue is Application II, as there is an increasing focus on maintaining clean and healthy indoor environments. Range hoods in this application are equipped with advanced filtration systems to effectively trap particles and contaminants, ensuring a safer and more comfortable living space.
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Household Range Hoods Industry Growth Analysis, by Geography:
North America:
Europe:
Asia-Pacific:
Latin America:
Middle East & Africa:
The Household Range Hoods market is experiencing significant growth in various regions across the globe. North America, especially the United States and Canada, along with Europe including Germany, France, ., Italy, and Russia are expected to dominate the market with a substantial market share percentage valuation. In the Asia-Pacific region, China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are also witnessing a rise in demand for household range hoods. Latin America, particularly Mexico, Brazil, Argentina, and Colombia, as well as Middle East & Africa countries like Turkey, Saudi Arabia, UAE, and Korea are also expected to contribute to the market growth.
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