Press release
UAE kitchen hood market is projected to grow at a CAGR of 11.5% during 2018-24
UAE Kitchen Hood Market (2018-2024)-6Wresearch
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 6Wresearch, UAE kitchen hood market is projected to grow at a CAGR of 11.5% during 2018-24. Healthy growth is anticipated on the back of growing investment and development of residential and commercial sectors in UAE due to upcoming Dubai Expo 2020. Several new projects in both residential and commercial sectors have been allotted by the UAE government. The Emirates of Dubai, Abu Dhabi and Sharjah are likely to register highest growth in demand for kitchen hood during the forecast period owing to increase in the number of construction activities pertaining to residential and commercial sectors.
Browse Press Release : http://www.6wresearch.com/press-releases/uae-kitchen-hood-market-cagr-wall-island-under-cabinet-mounted-share-forecasts-size-growth-opportunity-shipments-players-trends-news.html
According to Rishi Malhotra, Senior Research Analyst, Research and Consulting, 6Wresearch, "UAE kitchen hood market is dominated by residential vertical on account of growing demand for modular kitchen solutions across real estate sector coupled with modern kitchen upgradation. During 2018-24, the residential vertical is expected to register further growth attributed to rise in the number of residential supply units in Dubai and Abu Dhabi."
"Additionally, residential supply which drives the kitchen hood market in Sharjah is expected to increase during the forecast period due to low rental prices and its connectivity to both Dubai and Abu Dhabi. Apart from Sharjah, in the other Northern Emirates many new projects would be initiated by the UAE government specially to boost the tourism industry of these Emirates in near future," He further added.
According to Kanchan Negi, Research Associate, Research and Consulting, 6Wresearch, "In terms of kitchen hood segment, wall mounted kitchen hood captured major share of the market revenues in 2017, owing to rise in preference towards modular kitchen, low installation & maintenance cost, and lesser price as compared to Island mounted kitchen hood.
"Moreover, during the forecast period, wall mounted kitchen hood segment is likely to capture major share of the market revenues. Though, due to low cost involved in under-cabinet kitchen hood in comparison with wall mounted and island mounted is registering potential growth in demand on a year-over-year basis," Kanchan Concluded.
Some of the key players in UAE kitchen hood market include- BSH Home Appliances, AB Electrolux, Fisher & Paykel Appliances, Teka kuchentechnik, Miele appliances, Elica, Franke, Whirlpool, CNA Group, and Candy.
"UAE Kitchen Hood Market (2018-2024)" report provides in-depth analysis with 58 figures covered in 102 pages. The report estimates and forecast the overall UAE kitchen hood market by installation type, applications, regions and fitting type. The report also offer insights on competitive landscape, companies benchmarking, company profiles, market drivers, restraints and trends.
For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/uae-kitchen-hood-market-2018-2024-forecast-installation-wall-island-under-cabinet-mounted-applications-residential-commercial-fitting-regions-competitive-landscape.html
For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Delhi/NCR Office
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA, New Delhi-110034
Phone: +911143024305
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release UAE kitchen hood market is projected to grow at a CAGR of 11.5% during 2018-24 here
News-ID: 1035741 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions
Investment Alert: Opportunities in the Booming Global Magnesium Market
The global magnesium market has been experiencing robust growth globally. The active rising demand across multiple sectors, aerospace, automotive, electronics, and healthcare, supports the market growth around the world. Magnesium is a critical compound in alloy production, manufacturing, and speciality chemicals. Moreover, its widespread application in energy-efficient solutions and eco-friendly technologies is also boosting the market expansion worldwide.
According to 6Wresearch, the Global Magnesium Market is projected to grow at…
Forecasting the Global Magazines Market: Investment and Publishing Opportunities
The global magazines market is experiencing robust growth globally. The digital integration, evolving consumer preferences, and the demand for specialised content support the global magazines market growth. Magazines are a vital medium for information, entertainment, and advertising. Moreover, the market remains relevant even due to the rise of digital media, print and online magazines because of their credibility, curated content, and targeted reach.
According to 6Wresearch, the Global Magazines Market is…
Impact of Cybersecurity on IT Market Development
The global IT market is witnessing steady growth in the future. IT covers a wide range of solutions, services, and technologies that support businesses, governments, and individuals in processing, managing, and exchanging data. Additionally, it is widely used in cloud computing and cybersecurity for software development, hardware, and IT-enabled services. The rapid digital transformation, rising demand for automation, and increasing dependence on digital tools across industries are supporting the growth…
Iron Market Opportunities: How Businesses Can Capitalise on Global Demand
The global iron market is witnessing steady growth worldwide. The growing demand from the automotive, construction, and industrial sectors is one major factor supporting the market expansion around the world. The role of iron is vital in infrastructure, manufacturing, and energy industries. Additionally, increasing urbanisation and government investments in infrastructure expansion are further boosting the market expansion globally. Moreover, the growing emphasis on sustainable and eco-friendly production practices also…
More Releases for UAE
Ashish Jain, a Renowned Fund Manager Expands into UAE Real Estate in UAE
Dubai - Ashish Jain, a world-renowned fund manager and CEO of Fortune Capital, Fortune Wealth, and the newly launched Alieus Hedge Fund, is stepping into the UAE real estate market as part of his latest strategic expansion. This move marks Jain's entry into the thriving property market, further cementing his reputation as a leader in global finance and innovation.
Image: https://www.getnews.info/uploads/9b42e4a62bfaef7aaf02043c03240d75.jpg
A Visionary Leader in Finance
With over 15 years of experience in…
Fitness Equipment Market UAE | UAE Fitness Market Revenue | Member Penetration U …
The fitness services means any service treatment, diagnosis, advice or instruction concerning to the physical fitness, comprising but not restricted to diet, body building, cardio-vascular fitness, or physical training programs and which you function as or on behalf of the named insured. The fitness services market is commonly propelled by the increasing concerns over the healthy lifestyles around the populace throughout the UAE. Growing health awareness concerning the advantages of…
UAE Fitness Services Market, UAE Fitness Services Industry, Covid-19 Impact UAE …
A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy.
High Obese and Obesity Rate: Increase in membership rate in UAE fitness centers due to the prevalence of high obese population and obesity rate (Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the market.
Growth of Ladies Fitness Center: Opening up…
wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE.
Designing Efficient and Cost Effective Home Wifi Networks
Keep the connections to…
UAE Nuclear Power Sector UAE Nuclear Power Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. UAE Power Sector Scenario
1.1 Existing Power Generation Outlook
1.2 Current & Projected Power Demand
2. Why UAE Energy Policy beyond Oil & Gas?
3. UAE Nuclear Power Sector Overview
3.1 UAE Entering into Nuclear Power Sector
3.2 Nuclear Policy Overview
4. UAE Nuclear Power Sector Dynamics
4.1 Favorable Parameters
4.2 Nuclear Power Sector…
UAE Power Sector Analysis
UAE is a rapidly growing economy whose electricity sector needs are anticipated to increase upto 50% in order to meet its growing demand for power, by the year 2020. UAE also has one of the highest levels of per capita power consumption across the globe. The electricity consumption in the UAE region is slated to cross 100 TWh by 2012, putting pressure on the supply side. In fact, the power…
