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Global Kitchen Hood Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like FABER,Haier,ROBAM,Inc.
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First, the concentration degree of Kitchen Hood industry is not high. There are more than one hundreds manufacturers in the world, and high-end products mainly from Germany, America, Italy, and China.
Italy has a long history and unshakable status in this industry, like Elica and Faber (though it is a part of FRANKE now), both have perfect design.
As to Germany, the Bosch Group has become a global leader, who has two main brands (Bosch and Siemens), and several special brands, such as Thermador.
The import and export percent of this industry is high. Chinese products mainly export to Oceania, European, Middle East and Africa, and take a big market share of underdevelopment regions market, like Vietnam, Brazil and Pakistan. Hong Kong is the biggest export market of China, more than 80% of kitchen hoods are from China mainland. On the developed market, like America, Canada, Germany and France, Italy is the empire. Mexico also has a large amount of exports due to its geographic advantage.
We tend to believe this industry now is very mature, and the Consumption increasing degree will show a smooth curve. On product prices, the slow upward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be small increase in gross margin.
The worldwide market for Kitchen Hood is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 9590 million US$ in 2024, from 7840 million US$ in 2019, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
FABER
Haier
ROBAM
FOTILE
BSH Group
Whirlpool
Electrolux
VATTI
Nortek
DE&E
Miele
ELICA
Midea
Macro
CATA
Sub-Zero
Viking
Kenmmore
Vent-A-Hood
Market Segment by Type, covers
Under Cabinet Mount
Wall Mount
Ceiling (Island) Mount
Downdraft Ventilation
Market Segment by Applications, can be divided into
Commercial Use
Home Use
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Related Information:
North America Kitchen Hood Market Growth 2019-2024
United States Kitchen Hood Market Growth 2019-2024
Asia-Pacific Kitchen Hood Market Growth 2019-2024
Europe Kitchen Hood Market Growth 2019-2024
EMEA Kitchen Hood Market Growth 2019-2024
Global Kitchen Hood Market Growth 2019-2024
China Kitchen Hood Market Growth 2019-2024
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