Middle East & Africa Kitchen Hood Market Outlook, 2027

Middle East & Africa Kitchen Hood Market Outlook, 2027

People in Middle-East and Africa have seen the demand for kitchen hood due to huge increase in construction and business in real estate. People have invested a lot in kitchen hood since it is cost effective. The benefits of kitchen hood are with technology kitchen hood has some technology advancement and since people are busy In their work, installing of kitchen has made their time and work life easy. Style and visual appeal is also the major factor for the people. Kitchen hood also helps in improving of air quality so people have healthy life style. The tourism is also growing in Middle-east and Africa market so in the hotel and inns, kitchen has become a trend and so tourist are more attracted to this. Therefore, installing of kitchen hood also add value to house in commercial and residential. Kitchen hood is further classified into three types like under cabinet, wall mounted and ceiling mount. In a situation where cities are quickly urbanizing, the area is made up of a collection of nations that are experiencing modest economic growth. Several resources are driving these nations forward and producing urban marketplaces that are ideal for selling appliances to new homeowners.

According to the Bonafide Research, “Middle-East and Africa kitchen hood market outlook, 2027” the market is expected to have CAGR value of 5.78% in the forecast period. In 2021, the market value was worth USD 0.73 Billion. More factors supporting the rise of home appliances in both regions include an increasing middle class, the inclusion of additional areas as urban and urban markets, and the inclusion of more women in the workforce.

The continuous technical improvements along with increasing utilization of IoT in kitchen hood machines are among the crucial features that help in supporting the development of various advanced range hood devices. There are many manufacturers, who are focusing on developing more modern appliances owing to the shifting preference of the customers towards smart features like temperature and optic sensors, reduction in noise and wireless connectivity in those products. The growing advancements in technology have turned people inclination towards it in order to make their life simpler and more convenient. The key players of the market utilize a sound-absorbing base, multiple insulation layers, and filtration system motors to minimize the noise that arises from kitchen appliances. Thus, people are opting for these advanced systems to maintain the operations of their kitchen.

There are a wide variety of range hoods available in the market for various kitchen setups which is anticipated to propel the market demand. Several companies are offering an extensive product line with numerous color combinations to meet the requirements of modern kitchen interiors in commercial & residential kitchens. The innovations in the current products with various additional features and the strategic launch of latest product by market players are fueling the growth of the range hood market.

Despite the decline in several of the main economies following the 2009 recession, the market has experienced growth. The category is driven by the abundance of choices, and with the economy strengthening; the market is anticipated to rise strongly throughout the projection period. The kitchen hood market is quite new but has a lot of potential in the Middle East and Africa. In this area, which consists of around 70 nations, there is one of the largest levels of diversity in terms of disposable income, purchasing power, and other elements. While the Middle Eastern regions went through an economic downturn in 2008 and the Eurozone crisis that mirrored the global situation, the area quickly recovered growth.

Specialty supermarkets with tax rebates have always been attractive the customers in the Middle East & Africa. Distribution is notably tending towards channels featuring high discounts, including private label goods outlets, mega markets offering high discounts through tax rebates and tie-ups with manufacturers, and eCommerce, which has been posing as a major competitor to other sellers due to highly competitive discounts and other offers. By 2026, the online sales channel segment is likely to contribute to 12.36% of the regional market in terms of the sales channel.

UAE leads the regional market with a marginal difference from Saudi Arabia. Increasing purchasing power, increasing rate of urbanization, improvement in consumer sentiments, competitive discounts in hypermarkets, as well as on e-commerce websites, and other regulatory advantages for home appliance multinationals provide for drivers of the recovering home appliances market in the Middle East and Africa. Income disparity, high level of competition between manufacturers international and domestic, as well as different distributors provide for a difficult market for home appliances in the Middle East and Africa.

The major players covered in the Middle East and Africa residential cooker hoods report are ELICA, Faber S.P.A., FOTILE, Panasonic Corporation, Whirlpool Corporation, Samsung, Franke Management AG, Midea, VATTI, Arçelik, among other players domestic and regional. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

For instance,

In July 2021, Arçelik A.Ş. and Hitachi Global Life Solutions, Inc. announced the launch of a new joint venture company, Arçelik Hitachi Home Appliances B.V. The development helps both companies to expand their home appliance business around the world

In September 2021, Panasonic Corporation completed the acquisition of Blue Yonder, the leading end-to-end digital fulfillment platform provider. The acquisition will help the company enhance its IoT devices and an AI-powered platform for the upcoming future

COVID-19 IMPACT
The Middle-Eat and Africa kitchen hoods market has benefited from COVID-19. It is impossible to stress how crucial kitchen ventilation is. Chimneys were typically constructed vertically to allow hot gases to pass through. In addition to giving the stove essential filtration support, kitchen hoods are made to remove gases and odours from within the house. A kitchen hood is a must in every house.

Major Companies:
Asko Appliances, BSH Home Appliance, Elica S.P.A, Faber S.P.A, Samsung Electronics Co. Ltd, Miele Inc, Panasonic Corporation, Whirlpool Corporation, Fotile Overseas Kitchen Appliances, Viking Range, LLC, LG Electronics and Falmec S.P.A

Considered in this Report:
• Geography: Middle-East and Africa
• Historic year: 2016
• Base Year: 2021
• Estimated year: 2022
• Forecast period: 2027

Aspects covered in this report
• Middle-East and Africa Kitchen Hood market with its value and forecast along with its segments
• Country-wise kitchen hood market analysis
• Various drivers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• Saudi Arabia
• UAE
• Qatar
• South Africa

Segments covered in the report

By Product
• Under Cabinet
• Wall cabinet
• Ceiling mount
• Others

By Sales Channel
• Online
• Offline

By Application
• Residential
• Commercial

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering, the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started, verifying the details obtained from secondary sources.

Intended audience
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to pet care products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.