Residential Cooker Hoods

Residential Cooker Hoods

Global Residential Cooker Hoods Market to Reach US$4.8 Billion by 2030

The global market for Residential Cooker Hoods estimated at US$4.1 Billion in the year 2023, is expected to reach US$4.8 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2023-2030. Chimney / Wall-Mounted Cooker Hoods, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$3.0 Billion by the end of the analysis period. Growth in the Island Cooker Hoods segment is estimated at 2.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.1 Billion While China is Forecast to Grow at 4.6% CAGR

The Residential Cooker Hoods market in the U.S. is estimated at US$1.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$930.5 Million by the year 2030 trailing a CAGR of 4.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Global Residential Cooker Hoods Market - Key Trends and Drivers Summarized

What Are the Key Features of Residential Cooker Hoods?

Residential cooker hoods are a critical part of modern kitchens, serving as ventilation systems that remove airborne grease, combustion products, fumes, smoke, and odors from the air. These hoods have become an essential appliance in residential spaces due to their ability to maintain indoor air quality and enhance kitchen aesthetics. Cooker hoods are available in various designs, such as wall-mounted, island, and under-cabinet models, offering consumers a wide range of options to suit their kitchen layouts and decor preferences. They are equipped with powerful suction fans and filters that trap pollutants, making kitchens safer and more comfortable to use. Some models also come with advanced features like noise reduction technology and energy-efficient LED lighting.

How Are Regulatory Requirements Impacting the Market for Residential Cooker Hoods?

Regulatory requirements regarding indoor air quality and energy efficiency have had a significant impact on the residential cooker hoods market. Governments and environmental agencies, particularly in developed regions, have introduced stringent regulations that encourage the adoption of energy-efficient and environmentally friendly kitchen appliances. As a result, manufacturers are focusing on developing cooker hoods that not only meet these regulations but also offer superior performance. Cooker hoods with energy ratings and certifications are increasingly sought after by environmentally conscious consumers. In some regions, building codes mandate the installation of ventilation systems in homes, further driving the demand for high-performance cooker hoods.

What Are the Emerging Trends in Cooker Hood Design and Technology?

The residential cooker hoods market has seen significant innovations in terms of design and technology. The rise of smart kitchen appliances has led to the development of cooker hoods with integrated sensors that automatically adjust fan speeds based on the intensity of cooking. Additionally, the growing trend of minimalism in kitchen design has influenced manufacturers to create sleeker, more compact models that blend seamlessly into modern kitchen aesthetics. Innovations such as touchless controls, Wi-Fi connectivity, and app-based monitoring are becoming standard in premium models. Furthermore, noise reduction technology is a key focus for manufacturers, as consumers increasingly seek quieter appliances that enhance the overall cooking experience.

The Growth in the Residential Cooker Hoods Market Is Driven by Several Factors

The growth in the residential cooker hoods market is driven by several factors, including rising consumer awareness about indoor air quality and the health benefits of effective kitchen ventilation. The growing trend of modular kitchens and open-concept living spaces has increased demand for aesthetically appealing and functional cooker hoods. Moreover, technological advancements, such as smart controls and energy-efficient models, are accelerating market adoption. The introduction of stringent energy efficiency standards and regulations regarding indoor air quality is also driving the demand for high-performance cooker hoods. Additionally, the expansion of the home improvement and remodeling sector, especially in urban areas, is further propelling market growth.

Select Competitors (Total 42 Featured) -

• Airone Srl
• Asko Appliances AB.
• Broan NuTone LLC
• Elica SpA
• Faber Kitchen Appliances
• Falmec S.p.A.
• Fisher & Paykel Appliances Ltd.
• Franke Group
• Haier Smart Home Co., LTD.
• KOBE Range Hoods

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