Los Angeles, CA -- (SBWire) -- 04/22/2019 --Kitchen Hood is a kitchen appliance to purify the kitchen environment containing a mechanical fan that hangs above the stove or cooktop in the kitchen. It removes airborne grease, combustion products, fumes, smoke, odors, heat, and steam from the air by evacuation of the air and filtration.
The global Kitchen Hood market was 7840 million US$ in 2018 and is expected to 10100 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.
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First, the concentration degree of Kitchen Hood industry is not high. There are more than one hundreds manufacturers in the world, and high-end products mainly from Germany, America, Italy, and China.
Italy has a long history and unshakable status in this industry, like Elica and Faber (though it is a part of FRANKE now), both have perfect design.
As to Germany, the Bosch Group has become a global leader, who has two main brands (Bosch and Siemens), and several special brands, such as Thermador.
The import and export percent of this industry is high. Chinese products mainly export to Oceania, European, Middle East and Africa, and take a big market share of underdevelopment regions market, like Vietnam, Brazil and Pakistan. Hong Kong is the biggest export market of China, more than 80% of kitchen hoods are from China mainland. On the developed market, like America, Canada, Germany and France, Italy is the empire. Mexico also has a large amount of exports due to its geographic advantage.
We tend to believe this industry now is very mature, and the Consumption increasing degree will show a smooth curve. On product prices, the slow upward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be small increase in gross margin.
This report studies the Kitchen Hood market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Kitchen Hood in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
FABER
Haier
ROBAM
FOTILE
BSH Group
Whirlpool
Electrolux
VATTI
Nortek
DE&E
Miele
ELICA
Midea
Macro
CATA
Sub-Zero
Viking
Kenmmore
Vent-A-Hood
By the product type, the market is primarily split into:
Under Cabinet Mount
Wall Mount
Ceiling (Island) Mount
Downdraft Ventilation
By the end users/application, this report covers the following segments:
Commercial Use
Home Use
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Kitchen Hood Market Segment Up to 2019 : Forecast Till 2025