Cooker Hood Market Set for Steady Growth, Driven by Innovation, Sustainability, and Increasing Consumer Demand

The global cooker hood market is expected to reach a value of USD 15,242.3 million in 2024 and expand at a robust compound annual growth rate (CAGR) of 6.4% over the next decade. By 2034, the market is projected to surpass USD 28,322.2 million, driven by technological advancements, increasing consumer demand for kitchen appliances, and a focus on sustainability.

Cooker hoods, also known as range hoods, have long been essential kitchen appliances due to their ability to remove smoke, steam, and odors, creating a safer and more comfortable cooking environment. In recent years, these appliances have evolved from mere functional tools into stylish kitchen accessories, with significant investments in research and development resulting in smart, energy-efficient, and aesthetically pleasing designs.

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Key Drivers of the Cooker Hood Market

Technological Advancements: Continuous innovation in cooker hood design and features, such as smart connectivity, auto-clean options, and advanced filtration systems, is enhancing product performance and driving consumer interest.

Rising Consumer Demand for Comfort and Convenience: Growing awareness of the importance of air quality and kitchen cleanliness, along with the increasing adoption of modern, minimalist kitchen designs, is boosting demand for range hoods.

Sustainability and Eco-friendly Features: The trend toward environmentally friendly products, including energy-efficient LED lighting, recyclable materials, and reduced noise pollution, is attracting eco-conscious consumers.

Urbanization and Rising Disposable Incomes: As urbanization accelerates, particularly in developing economies like India and China, more consumers are investing in modern kitchen appliances like cooker hoods, driven by higher disposable incomes and changing lifestyles.

Growth of the HoReCa Sector: The increasing number of commercial foodservice establishments, such as restaurants and cafes, is creating a growing need for high-performance cooker hoods to improve air quality and kitchen hygiene.

Consumer Preference for Stylish, Space-saving Designs: The demand for sleek, ceiling-mounted, and wall-mounted cooker hoods is increasing, driven by preferences for minimalist, modern kitchen aesthetics.

Rising Popularity of Modular Kitchens: As modular kitchen designs gain popularity, especially in emerging markets, the need for efficient and visually appealing range hoods continues to rise, boosting market growth.

Regional Insights

United States: The market is growing steadily, driven by early adoption of innovative cooker hood technologies and higher disposable incomes.

Germany: Strong demand for energy-efficient and silent range hoods, with significant market expansion expected due to consumer interest in advanced household appliances.

China: While adoption is growing, the market remains competitive, with rising demand driven by urbanization and increasing disposable incomes.

India: The market is expanding rapidly, fueled by rising incomes, urbanization, and the growing popularity of modular kitchens and budget-friendly cooker hoods.

Australia: Steady growth, supported by a demand for high-quality, efficient range hoods and the popularity of modern kitchen designs.

Competitive Landscape

The cooker hood market is being shaped by emerging industrial and urban kitchen design trends, with a clear shift toward sophisticated, low-maintenance textured matte finishes. Manufacturers are responding by introducing ceramic-finished hoods that provide a distinctive, minimalist, and contemporary aesthetic.

To stay ahead, companies are conducting in-depth market research to understand the unique characteristics, preferences, and demands of new regions before expanding. This allows them to establish a strong presence and authority in those markets. Additionally, players are increasingly focusing on expanding their reach within complementary product categories such as furniture lighting, home appliances, and surface materials, which are seeing targeted demand. To enhance market penetration, manufacturers are also strengthening their networks by expanding their dealer relationships and distribution channels in new territories.

Industry Updates

In March 2024, ROBAM, a kitchen appliances leader, made the debut of its latest ultra-slim powerful range hood. This was held at the Kitchen and Bath Industry Show in Las Vegas.

In February 2023, Electrolux, released kitchen appliances' built-in range in India. The range consisted of range hoods, ovens, microwaves, hobs, coffee machines, and dishwashers.

City Energy, which is a piped gas and lower-carbon energy solutions provider, revealed its intent for the year 2024. In January 2024, the company publicly announced that it would supply smart kitchen and home solutions to Lumina Grand and Hillhaven. The solution range includes smart range hoods and electric ovens.

Leading Cooker Hood Brands

• Miele
• BSH Home Appliances Group
• Bosch
• Siemens
• Elica hoods
• Midea
• Luxair Cooker Hoods Limited
• Inflame Appliances Ltd
• Eico A/S
• Westin
• Candy Hoover Group S.r.l
• Falmec Kitchen Appliance Limited
• Hafele Appliances
• Others

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Key Segments of Market Report

By Product Type:

Based on product type, the industry is divided into chimney/wall-mounted cooker hoods, integrated cooker hoods, and downdraft cooker hoods.

By Technology:

By technology, the industry is bifurcated into extraction and filterless technology.

By Application:

Different applications of range hoods include residential and commercial.

By Sales Channel:

Various sales channels of range hoods consist of modern trade, multi-brand stores, exclusive stores, online stores, independent stores, and others.

By Region:

Industry growth is examined in key countries of North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

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This release was published on openPR.