Report Description
Global Cooking Hood Market Outlook 2031
The global cooking hood market size was USD 11.74 Billion in 2022 and is anticipated to reach USD 16 Billion by 2031 expand at a substantial CAGR 3.5% during the forecast period, between 2023 - 2031. A cooking hood is a cooking appliance used to remove unwanted airborne and additional heat particles from the kitchen.
A cooking hood is situated right over a range top or cook top so that it can perform its job more efficiently. In most of commercial kitchens, cooking hoods are used with fire suppression devices, to control grease fire. Most cooking hood comes with filtration systems which helps in removing grease and other particles from the exhaust.
Cooking Hood Market Trends, Drivers, Restraints, and Opportunities:
- Rising numbers of restaurants & hotels and regulations laid by associations and government regarding hygiene and cleanliness are major drivers driving the cooking hood market. Moreover, growing preference for e-commerce among consumers is projected to boost the demand for cooking hood.
- Growing demand for cooking hood with smart features and increasing adoption of Internet of Things (IoT) devices are projected to drive the market in the future. Furthermore, the introduction of innovative size & shape and additional features for increased usability is expected to boost the market.
- The presence of substitute products and high maintenance costs are anticipated to hamper the market during the forecast period.
Scope of The Cooking Hood Market Report:
The report on cooking hood market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Cooking Hood Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product Types (Wall Mounted Hoods, Ceiling Mounted Hoods, Under Cabinet Type Hoods) By Suction Powers (Less than 800 m3/h, 800-1200 m3/h, More than 1200 m3/h) By Decibels (Less than 40 Decibels, 40-60 Decibels, More than 60 Decibels) By Applications (Residential, Commercial) By Distribution Channels (Offline, Online)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Asko Appliances, Broan Inc., BSH Home Appliances Corp., Elica S.p.A., Faber S.p.A., Falmec S.p.A., Miele Inc., Panasonic Corp., Samsung Electronics, Whirlpool Corp.
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Cooking Hood Market Segment Insights:
The under-cabinet segment to hold significant market share
In the terms of product types, the cooking hood market has been segmented into wall mounted hoods, ceiling mounted hoods, and under cabinet type hoods. The under-cabinet segment is projected to grow at a significant pace during the forecast period due to compatibility, affordability, and easy installation with different kitchen designs.
High use of 800-1200m3/h in homes and fast-food restaurants fuels segment growth
On the basis of suction powers, the market has been segregated into less than 800 m3/h, 800-1200 m3/h, and more than 1200 m3/h. The 800-1200 m3/h is anticipated to hold a major share of the market, as they are mostly used in homes and fast-food restaurants. Furthermore, cooking tops having suction power 800-1200 m3/h generates less noise as compared to the more than 1200 m3/h.
Commercial segment is anticipated to grow due to the emergence of several new hotels and restaurants
Based on of applications, the cooking hood market is fragmented into residential and commercial. The commercial segment holds a significant share of the market, while the residential segment is projected to expand at a substantial CAGR during the forecast period. The commercial segment is growing due to the rising trend of consuming fast food has led to the emergence of several fast food and quick service restaurants, thus boosting the use of commercial cooking hoods.
Easy availability of the products in the store drives the offline segment
In terms of distribution channels, the market is bifurcated into offline and online. The offline segment holds a majority share of the market, as many people prefer buying cooking hoods from stores, as a wide variety of products are available for consumers and can check the product before buying. Moreover, the online segment is anticipated to expand at a significant CAGR, as it provides various benefits such as free installation service, easy payment options, and discounts.
North America constituted a dominant share of the cooking hood market
Based on regions, the global cooking hood market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). North America is expected to hold a key share of the market, as people in this region quickly adopt advanced technologies. Furthermore, rising awareness about product benefits and growth in the consumer spending capacity are boosting the market in the region.
Segments
The global cooking hood market has been divided based on product types, suction power, decibels, applications, distribution channels, and regions.
By Product Types
- Wall Mounted Hoods
- Ceiling Mounted Hoods
- Under Cabinet Type Hoods
By Suction Powers
- Less than 800 m3/h
- 800-1200 m3/h
- More than 1200 m3/h
By Decibels
- Less than 40 Decibels
- 40-60 Decibels
- More than 60 Decibels
By Applications
By Distribution Channels
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players
- Asko Appliances
- Broan Inc.
- BSH Home Appliances Corp.
- Elica S.p.A.
- Faber S.p.A.
- Falmec S.p.A.
- Miele Inc.
- Panasonic Corp.
- Samsung Electronics
- Whirlpool Corp.
Competitive Landscape
Key players in the cooking hood market include Asko Appliances, Broan Inc., BSH Home Appliances Corp., Elica S.p.A., Faber S.p.A., Falmec S.p.A., Miele Inc., Panasonic Corp., Samsung Electronics, and Whirlpool Corp. Mergers & acquisitions, collaborations, agreements, and partnerships are some growth strategies adopted by these players to strengthen their geographical presence.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cooking Hood Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cooking Hood Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cooking Hood Market - Supply Chain
4.5. Global Cooking Hood Market Forecast
4.5.1. Cooking Hood Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cooking Hood Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Cooking Hood Market Absolute $ Opportunity
5. Global Cooking Hood Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Cooking Hood Market Size and Volume Forecast by Types
5.3.1. Wall Mounted Hoods
5.3.2.
Ceiling Mounted Hoods
5.3.3.
Under Cabinet Type Hoods
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Cooking Hood Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Cooking Hood Market Size and Volume Forecast by Applications
6.3.1. Residential
6.3.2.
Commercial
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Cooking Hood Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Cooking Hood Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Cooking Hood Demand Share Forecast, 2019-2026
8. North America Cooking Hood Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Cooking Hood Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Cooking Hood Market Size and Volume Forecast by Types
8.4.1. Wall Mounted Hoods
8.4.2.
Ceiling Mounted Hoods
8.4.3.
Under Cabinet Type Hoods
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Cooking Hood Market Size and Volume Forecast by Applications
8.7.1. Residential
8.7.2.
Commercial
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Cooking Hood Demand Share Forecast, 2019-2026
9. Latin America Cooking Hood Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Cooking Hood Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Cooking Hood Market Size and Volume Forecast by Types
9.4.1. Wall Mounted Hoods
9.4.2.
Ceiling Mounted Hoods
9.4.3.
Under Cabinet Type Hoods
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Cooking Hood Market Size and Volume Forecast by Applications
9.7.1. Residential
9.7.2.
Commercial
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Cooking Hood Demand Share Forecast, 2019-2026
10. Europe Cooking Hood Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Cooking Hood Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Cooking Hood Market Size and Volume Forecast by Types
10.4.1. Wall Mounted Hoods
10.4.2.
Ceiling Mounted Hoods
10.4.3.
Under Cabinet Type Hoods
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Cooking Hood Market Size and Volume Forecast by Applications
10.7.1. Residential
10.7.2.
Commercial
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Cooking Hood Demand Share Forecast, 2019-2026
11. Asia Pacific Cooking Hood Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Cooking Hood Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Cooking Hood Market Size and Volume Forecast by Types
11.4.1. Wall Mounted Hoods
11.4.2.
Ceiling Mounted Hoods
11.4.3.
Under Cabinet Type Hoods
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Cooking Hood Market Size and Volume Forecast by Applications
11.7.1. Residential
11.7.2.
Commercial
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Cooking Hood Demand Share Forecast, 2019-2026
12. Middle East & Africa Cooking Hood Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Cooking Hood Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Cooking Hood Market Size and Volume Forecast by Types
12.4.1. Wall Mounted Hoods
12.4.2.
Ceiling Mounted Hoods
12.4.3.
Under Cabinet Type Hoods
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Cooking Hood Market Size and Volume Forecast by Applications
12.7.1. Residential
12.7.2.
Commercial
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Cooking Hood Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Cooking Hood Market: Market Share Analysis
13.2. Cooking Hood Distributors and Customers
13.3. Cooking Hood Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Asko Appliances
13.4.2.
Broan Inc.
13.4.3.
BSH Home Appliances Corp.
13.4.4.
Elica S.p.A.
13.4.5.
Faber S.p.A.
13.4.6.
Falmec S.p.A.
13.4.7.
Miele Inc.
13.4.8.
Panasonic Corp.
13.4.9.
Samsung Electronics
13.4.10.
Whirlpool Corp.