Americas Range Hoods Market 2024
According to the latest research, the range hoods market in Americas is poised to grow by USD 0.9 billion during 2024-2030, progressing at a CAGR of 2.6% during the forecast period. The Americas range hood market is experiencing significant growth, primarily driven by the increasing focus on home remodeling related to kitchen improvements, particularly with the rising popularity of modular kitchens in the region. The emergence of advanced technology-based range hoods, fueled by the higher penetration of smart homes, is also contributing to the market's demand.
An under-cabinet range hood plays a crucial role in promoting good ventilation by expelling unwanted materials released into the air during food preparation. Its ability to seamlessly blend into the design flow of cabinets surrounding the range or cooktop creates attractive growth opportunities for the overall market. Furthermore, offering customers set configurations based on current trends has become a dominant strategy in the market.
The availability of a wide range of products, including different mounting types and finishes, enables consumers to select range hood items that precisely meet their requirements, further boosting market growth. Factors such as the increasing number of residential constructions, rapid urbanization, and the growing prevalence of nuclear families are key drivers propelling market expansion. Additionally, the rise in kitchen remodeling activities is expected to drive demand for various kitchen appliances, with range hoods being a significant component in this trend.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the product, distribution channel, end user, and country aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
The global range hoods market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The Americas market for range hoods can be segmented by product: under cabinet, wall mount, ceiling mount. According to the research, the under cabinet segment had the largest share in the range hoods market in Americas, accounting for more than 43.2% of the total market.
Range hoods market is further segmented by distribution channel: kitchen shops, local kitchenware shops, online, specialty stores, supermarkets and hypermarkets, others. In 2023, the kitchen shops segment made up the largest share of revenue generated by the range hoods market, accounting for more than 57.9% of the total market.
Based on end user, the range hoods market is segmented into: residential, commercial, others. Among these, the residential segment was accounted for the highest revenue generator in 2023.
On the basis of country, the range hoods market also can be divided into: USA, Canada, Mexico, Colombia, Rest of Americas. USA captured the largest share of the market in 2023.
The report explores the recent developments and profiles of key vendors in the Range Hoods Market in Americas, including Atlas Industria de Eletrodomesticos Ltda., Broan-NuTone LLC, Controladora Mabe, S.A. de C.V., Electrolux AB, Haier Group Corporation, Haube Range Hood Co., Industrias Haceb S.A., Irmaos Fischer SA, ProLine Range Hoods, LLC, Robert Bosch GmbH, Tosho & Company, Ltd. (KOBE Range Hoods), Tramontina Sudeste S.A., Vent-A-Hood® Company, Limited, Whirlpool Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Why Choose This Report
Gain a reliable outlook of the range hoods market in Americas forecasts from 2024 to 2030 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
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Market Segments Covered in Americas Range Hoods Industry Analysis:
i.) Product
- Under cabinet
- Wall mount
- Ceiling mount
ii.) Distribution channel
- Kitchen shops
- Local kitchenware shops
- Online
- Specialty stores
- Supermarkets and hypermarkets
- Others
iii.) End user
- Residential
- Commercial
- Others
iv.) Country
- USA
- Canada
- Mexico
- Colombia
- Rest of Americas