Kitchen Chimney Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Kitchen Chimney Market THE PROCESS O
The kitchen chimney market size was valued at USD 17.08 billion in 2022, and the market is now projected to grow from USD 17.80 billion in 2023 to USD 25.72 billion by 2030, exhibiting a CAGR of 5.39% during the forecast period of 2022-2030.
Supply chain disruptions at some stage in the COVID-19 pandemic negatively impacted the kitchen chimney market increase. Industries worldwide faced tremendous demanding situations, with agencies adapting to satisfy customer desires. Companies applied agile operations, increased digital transformation, and created variable value systems to navigate the crisis and emerge stronger. These efforts aimed to mitigate the pandemic's unfavorable consequences on market growth.
Increased patron spending and disposable profits are driving market increase for kitchen chimneys. High customer spending, growing per capita profits, and changing customer demands increase income. Although slow economic boom in 2020 hindered patron spending and the home equipment enterprise's development, the worldwide economic system's slow recovery considering 2021 has revitalized marketplace boom.
Shifting consumer preferences toward electricity-green kitchen home equipment are using marketplace boom. Manufacturers are developing progressive, colored, and textured chimneys to attract greater purchasers. They recognition on electricity-green products for sustainability, supported through favorable government policies like India's 2018 Bureau of Energy Efficiency benchmarks. Additionally, the recognition of modular kitchens is increasing demand for diverse chimney types, further boosting marketplace growth.
Comprehensive Analysis Kitchen Chimney Market
The kitchen chimney market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by product type analysis, by duct type analysis, by application analysis, by distribution channel analysis. By product type analysis include, wall-mounted kitchen chimney, built in chimney, island chimney, corner chimney, others. By duct type analysis include, ducted and ductless. By application analysis include, residential and commercial. By distribution channel analysis include, online and offline.
The Asia Pacific region lead the kitchen chimney market share by benefitting a market size of USD 5.26 billion in 2022 due to the increasing consumer preference for premium-quality kitchen appliances.
The top players in the market play an important role in the industry assuring market expansion and setting market level. These players include Asko Appliances (Sweden), Vent-A-Hood (U.S.), BSH Home Appliances Corporation (U.S.), Elica S.p.A. (Italy), Faber S.p.A. (Italy), Falmec S.p.A. (Italy), Miele Inc. (Germany), Panasonic Corporation (Japan), Samsung Electronics (South Korea), Whirlpool Corporation (U.S.), these market players provide a level-playing competitive landscape.
In March 2023, Ciarra launched its innovative HOOD TO GO transportable variety hood, presenting a compact design and a quite green motor for robust scent removal in cooking environments.
Segmentation Table
Attribute Details
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 5.39% from 2023 to 2030
Unit Value (USD Billion)
By Product Type Wall-mounted Chimney
Built-In Chimney
Island Chimney
Corner Chimney
Others (Straight line, Inclined, and more)
By Duct Type Ducted
Ductless
By Application Residential
Commercial
By Distribution Channel Online
Offline
By Geography North America (By Product Type, Duct Type, Application, Distribution Channel, and Country)
- U.S. (By Product Type)
- Canada (By Product Type)
- Mexico (By Product Type)
Europe (By Product Type, Duct Type, Application, Distribution Channel, and Country)
- Germany (By Product Type)
- France (By Product Type)
- Italy (By Product Type)
- Spain (By Product Type)
- U.K. (By Product Type)
- Rest of Europe (By Product Type)
Asia Pacific (By Product Type, Duct Type, Application, Distribution Channel, and Country)
- China (By Product Type)
- India (By Product Type)
- Japan (By Product Type)
- Australia (By Product Type)
- Rest of Asia Pacific (By Product Type)
South America (By Product Type, Duct Type, Application, Distribution Channel, and Country)
- Brazil (By Product Type)
- Argentina (By Product Type)
- Rest of South America (By Product Type)
Middle East & Africa (By Product Type, Duct Type, Application, Distribution Channel, and Country)
- South Africa (By Product Type)
- UAE (By Product Type)
- Rest of the Middle East & Africa (By Product Type)
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