Range Hood Market Report by Product (Ceiling Mount, Wall Mount, Under Cabinet, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032

Range Hood Market Report by Product (Ceiling Mount, Wall Mount, Under Cabinet, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032

The global range hood market size reached US$ 16.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.89% during 2024-2032. The market is experiencing steady growth driven by rising awareness regarding indoor air quality, growing consumer preference for smart home appliances, emerging kitchen design trends and aesthetics, and continual technological advancements and smart home integration.

Range Hood Market Trends:
Increasing awareness of indoor air quality

One significant factor driving the growth of the market is the rising awareness of indoor air quality (IAQ). As people become more conscious of the impact of pollutants and cooking byproducts on respiratory health, there is a growing demand for effective ventilation solutions. Range hoods play a crucial role in removing airborne particles, smoke, grease, and odors generated during cooking, thereby improving the overall indoor air quality. The emphasis on healthier living environments and the potential health risks associated with poor IAQ are compelling consumers to invest in advanced technologies.

Rising kitchen design trends and aesthetics

The evolution of kitchen design trends and the increasing focus on aesthetics contribute significantly to the growth of the market. Modern kitchens are not only functional spaces but also serve as focal points for home interiors. Consumers are increasingly seeking stylish and visually appealing product designs that complement their kitchen decor. Manufacturers are responding with innovative designs, materials, and finishes to meet these demands. The integration of advanced technologies, such as touch controls, LED lighting, and sleek profiles, further enhances the appeal of range hoods as both functional and decorative elements in contemporary kitchens.

Rapid technological advancements and smart home integration

The incorporation of advanced technologies and smart home integration is another key driver of growth in the market. Manufacturers are introducing features such as sensor-based controls, energy-efficient motors, and connectivity options that allow users to monitor and control their range hoods remotely. The integration of smart home ecosystems and compatibility with voice assistants enhance user convenience. As consumers increasingly embrace smart home solutions, the demand for technologically advanced and connected hoods is on the rise, driving innovation and growth in the market. The convergence of functionality and smart features makes them more appealing to a tech-savvy consumer base.

Range Hood Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product, distribution channel, and application.

Breakup by Product:

Ceiling Mount
Wall Mount
Under Cabinet
Others

Wall mount account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the product. This includes ceiling mount, wall mount, under cabinet, and others. According to the report, wall mount represented the largest segment.

Breakup by Distribution Channel:

Offline
Online

Offline holds the largest share of the industry

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes offline and online. According to the report, offline accounted for the largest market share.

Breakup by Application:

Residential
Commercial

Residential represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes residential and commercial. According to the report, residential represented the largest segment.

Breakup by Region:

North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Asia Pacific leads the market, accounting for the largest range hood market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Broan-NuTone LLC (Madison Industries Holdings LLC)
Bsh Home Appliances Limited (BSH Hausgeräte GmbH)
Electrolux AB
Elica S.p.A.
Faber S.p.A. (Franke Holding AG)
Fotile America LLC
Gorenje (Hisense Group)
Guangdong Vanward New Electric Co. Ltd.
Haier Group Corporation
Midea Group
Miele
Panasonic Holdings Corporation
Samsung Electronics Co. Ltd.
Whirlpool Corporation

Key Questions Answered in This Report

1. How big is the global range hood market?
2. What is the expected growth rate of the global range hood market during 2024-2032?
3. What are the key factors driving the global range hood market?
4. What has been the impact of COVID-19 on the global range hood market?
5. What is the breakup of the global range hood market based on the product?
6. What is the breakup of the global range hood market based on the distribution channel?
7. What is the breakup of the global range hood market based on the application?
8. What are the key regions in the global range hood market?
9. Who are the key players/companies in the global range hood market?