Cleaning product demand continues to rise, partly owing to increased consumer awareness of the need for hygiene and the spread of contagious diseases. Increased attention to the importance of sanitary conditions and the necessity to clean household surfaces is boosting the global market. One of the key benefits of all-purpose disinfectants is their convenience, as time-crunched customers have less time for domestic duties while maintaining high hygiene and cleanliness standards. It facilitates a much faster and easier clean-up process. Moreover, the residential cooker hoods improve the cooking style and help boost the hygiene level of food.
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Data Bridge Market Research analyses that the residential cooker hoods market is expected to grow at a CAGR of 4.3% in the forecast period of 2022 to 2029 and is expected to reach 7,027,486.26 thousand by 2029. A growing sales network and wide distribution channel prove convenient for the end-user. The "anytime-anywhere" policy introduced by the manufacturers and brands propels the demand and is expected to drive the global residential cooker hoods market in the forecast period.
Adoption of Minimal Architectural Designs with Efficient Ventilation Is Expected To Drive the Market's Growth Rate
Minimalism has grown in popularity throughout time. The idea has infiltrated both the design and leisure industries. The quick surge in popularity of minimalism could be attributed to a growing understanding of consumerism's negative environmental consequences. In the housing and interior design industries, minimalist architecture is the concept of obtaining superior design. Hence, the growing demand for the adoption of minimal architectural latest designs will add more revenue to the cooker hood segment and create a better opportunity for growth for the global residential cooker hoods market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020(Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Wall Mounted Hoods, Under Cabinet Type Hoods, Ceiling Mounted Hoods, Downdraft, and Others), Suction Power (Less Than 800 M3/H, 800-1200 M3/H, and More Than 1200 M3/H), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, E-Commerce, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Frymaster (U.S.), ASKO (China), Desco (U.S.), The Middleby Corporation (U.S.), Nemco Food Equipment Ltd (U.S.), Electrolux Professional (Sweden), Mvp Group International Inc. (U.S.), Ali Group Company (Australia), Town Food Service Equipment Co. Inc (U.S.), Imperial Commercial Cooking Equipment(U.S.), Keating of Chicago (U.S.), Globe Food Equipment Co. (U.S.)
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Data Points Covered in Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
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Segment Analysis:
The global residential cooker hoods market is segmented based on product, suction power, distribution channel.
- On the basis of product, the global residential cooker hoods market is segmented into wall-mounted hoods, under-cabinet type hoods, ceiling-mounted hoods, downdraft, and others. In 2021, the wall-mounted hoods segment is expected to dominate globally growing at the highest CAGR of 5.0% in the forecast period of 2021 to 2028 due to the low average price of wall-mounted hoods compared to other cooker hood products.
- On the basis of suction power, the global residential cooker hoods market is segmented into less than 800 m3/h, 800-1200 m3/h, and more than 1200 m3/h. In 2021, less than 800 m3/h is expected to dominate growing at the highest CAGR of 4.8%
The less than 800 m3/h is expected to dominate growing at the highest CAGR of 4.8%
In 2021, less than 800 m3/h is expected to dominate, growing at the highest CAGR of 4.8% in the forecast period of 2021 to 2028 because it is cheaper than the other suction power rating and can be accessible to middle-class families.
- On the basis of distribution channel, the global residential cooker hoods market is segmented into specialty stores, supermarkets/hypermarkets, e-commerce, and others. In 2021, the specialty stores segment is expected to dominate growing at the highest CAGR of 4.8% in the forecast period of 2021 to 2028 because owners who provide efficient product demonstrations can turn their businesses into hotspots for enthusiasts.
Major Players
Data Bridge Market Research recognizes the following companies as the major residential cooker hoods market players in residential cooker hoods market are Frymaster (U.S.), ASKO (China), Desco (U.S.), The Middleby Corporation (U.S.), Nemco Food Equipment Ltd (U.S.), Electrolux Professional (Sweden), Mvp Group International Inc. (U.S.), Ali Group Company (Australia), Town Food Service Equipment Co. Inc (U.S.), Imperial Commercial Cooking Equipment(U.S.), Keating of Chicago (U.S.), Globe Food Equipment Co. (U.S.).
Market Development
- In January 2021, Zephyr Ventilation launched the New Zephyr Connect App, especially for the range hood. The application controls the hood from anywhere in the home. This technology will help to attract new customers and increase the sales revenue
- In January 2021, Zephyr Ventilation launched the New Zephyr Connect App, especially for the range hood. The application controls the hood from anywhere in the home. This technology will help to attract new customers and increase revenue part
- In May 2021, Whirlpool Corporation invested USD 15 million into its factory in Tulsa, Oklahoma, as part of the company's ongoing efforts to further strengthen its U.S. manufacturing capabilities and bring even more innovation, and top-ranking consumer products. The investment will help the company to serve the North American region customers with a better approach in the upcoming future
- In August 2019, VATTI pre-launching convention was held in Pakistan to welcome distributors of household appliances in Islamabad, Rawalpindi. With this development, the company increased its regional presence and generated more sales
Regional Analysis
Geographically, the countries covered in the residential cooker hoods market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in residential cooker hoods market during the forecast period
North America dominated the residential cooker hoods market owing to the growing innovations and developments in the manufacturing of products. North America will continue to dominate the residential cooker hoods market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. Additionally, U.S is expected to dominate the market.
Asia-Pacific is estimated to be the fastest-growing region in the residential cooker hoods market
Asia-Pacific is expected to grow during the forecast period as the growth of manufacturing sector within this region. In addition to this, Japan is expected to dominate the growth within this region.
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