Global Kitchen Extraction Canopy Market Growth 2023-2029

Global Kitchen Extraction Canopy Market Growth 2023-2029

The global Kitchen Extraction Canopy market size is projected to grow from US$ 870.6 million in 2022 to US$ 1346.9 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.

The global kitchen extraction canopy market is expected to witness significant growth in the coming years due to the increasing demand for commercial kitchens in the foodservice industry. The market is expected to be driven by the growing number of restaurants, hotels, and cafes, which require efficient kitchen ventilation systems to maintain a healthy and safe environment for their employees and customers.Major sales regions for the kitchen extraction canopy market include North America, Europe, Asia Pacific, and the Middle East and Africa. North America and Europe are expected to dominate the market due to the high demand for commercial kitchens in these regions. The Asia Pacific region is expected to witness significant growth due to the increasing number of restaurants and hotels in countries such as China and India.The market concentration of the kitchen extraction canopy market is expected to be high, with a few major players dominating the market. Some of the key players in the market include Halton Group, Britannia Kitchen Ventilation, CaptiveAire Systems, Inc., Gaylord Industries, and Greenheck Fan Corporation.The market opportunities for the kitchen extraction canopy market include the increasing demand for energy-efficient and eco-friendly kitchen ventilation systems. The market is also expected to be driven by the growing trend of open kitchens in restaurants and hotels, which require efficient and aesthetically pleasing kitchen ventilation systems.The challenges faced by the kitchen extraction canopy market include the high cost of installation and maintenance of these systems. The market is also expected to face challenges due to the increasing competition from alternative ventilation systems such as recirculating hoods and ductless range hoods.Overall, the kitchen extraction canopy market is expected to witness significant growth in the coming years due to the increasing demand for commercial kitchens and the need for efficient and safe kitchen ventilation systems.

LPI (LP Information)' newest research report, the “Kitchen Extraction Canopy Industry Forecast” looks at past sales and reviews total world Kitchen Extraction Canopy sales in 2022, providing a comprehensive analysis by region and market sector of projected Kitchen Extraction Canopy sales for 2023 through 2029. With Kitchen Extraction Canopy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Kitchen Extraction Canopy industry.

This Insight Report provides a comprehensive analysis of the global Kitchen Extraction Canopy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Kitchen Extraction Canopy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Kitchen Extraction Canopy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Kitchen Extraction Canopy and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Kitchen Extraction Canopy.

This report presents a comprehensive overview, market shares, and growth opportunities of Kitchen Extraction Canopy market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Wall-mounted Canopy
Island Canopy
Overhead Canopy

Segmentation by application
Commercial Kitchens
Industrial Kitchens
Residential Kitchens
Laboratory Kitchens
Healthcare Kitchens
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lincat
CaptiveAire
Gaylord
Greenheck
Halton Group
Systemair
Unified Brands
GIF ActiveVent
FläktGroup
Munters
Melink
Nuventas
Alco Engineering
Extraction Canopy
Novy
Nuaire

Key Questions Addressed in this Report

What is the 10-year outlook for the global Kitchen Extraction Canopy market?

What factors are driving Kitchen Extraction Canopy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Kitchen Extraction Canopy market opportunities vary by end market size?

How does Kitchen Extraction Canopy break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.