Key Market Overview:
Cooker hoods market is anticipated to reach over USD 18.95 Billion by 2030 from a worth of USD 12.35 Billion in 2022, and the market is anticipated to register a CAGR of 5.5% from 2022 to 2030.
Cooker hoods, also known as kitchen hoods or extraction hoods are the filter system of a kitchen. They are the extraction devices that suck any vapors coming while cooking and keep the cooking environment healthy & clean to make the atmosphere comfortable for the end user. The changes in the lifestyle of people with advancements in technology are driving the cooker hood market across the globe. Additionally, the market players have announced several innovative product launches by designing hoods in different materials, colors, styles, mechanisms, and sizes along with suction power variation.
The global cooker hoods industry is being driven forward by the rising trend of at-home cooking and the growing need to improve kitchen air quality. Moreover, over the next ten years, the market for cooker hoods will be boosted by the growing popularity of modular kitchen appliances, technological advancements in kitchen appliances, and the increased use of the Internet of Things (IoT).
Further, the cooker hoods market is expected to witness significant growth due to growing consumer popularity. Further, the market players are expected to keep introducing the latest product innovations to meet this increased consumer demand. This is mainly due to the rising standards of living among the population that require such introductions.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||18.95 Billion|
|By Product Type||Well-Mounted, Telescopic, Ceiling Mounted, Under Cabinet, Canopy, and Others|
|By Size||Less Than 80cm, 80-105 Cm, and More Than 105 Cm|
|By Extraction Type||Extracting and Recirculating|
|By Suction Power||Less Than 800 m3/h, 800-1200 m3/h and More Than 1200 m3/h|
|By Distribution Channel||Online (E-Commerce, Company Websites) & Offline|
|By End Use||Residential, and Commercial (Hotels, restaurants, and Others)|
|By Geography||Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]|
|Key Players||Miele, Bosch, Siemens, Elica hoods, Copper Smith, Bora, Faber, Gaggenau, Midea, Luxair Cooker Hoods Limited, Inflame Appliances Ltd, Eico A/S, Westin, Candy Hoover Group S.r.l, Falmec Kitchen Appliance Limited, Hafele Appliances|
The growing consumer preference for open-plan kitchens along with the high demand for innovative and modern kitchen appliances drive the market growth during the forecast period. Moreover, factors such as increasing urbanization, rising disposable income, and growing awareness about the importance of kitchen ventilation. Additionally, increasing emphasis on kitchen design and the incorporation of high-end appliances in kitchens also drive the market for cooker hoods. Government initiatives to promote energy-efficient appliances, as well as advancements in technology and design, also contribute to the growth of the cooker hoods market.
The high cost of advanced cooker hoods, lack of awareness about the benefits of cooker hoods, and the availability of substitutes such as portable exhaust fans hinder the market growth. In addition, the maintenance cost, such as frequent cleaning and replacement of filters, can be a barrier for some customers. Another restraint would be the limited options in certain regions, such as rural areas where the market is not fully developed.
The COVID-19 pandemic has had a significant impact on the cooker hoods market. The pandemic has led to a slowdown in the construction and real estate industry, resulting in a decrease in the demand for new homes and kitchen renovations. This has had a significant impact on the sales of cooker hoods. Additionally, the pandemic has led to an increase in the demand for online shopping, and many people have shifted to buying appliances through e-commerce platforms. This has created challenges for traditional brick-and-mortar stores that sell cooker hoods. However, on the other hand, the pandemic has led to an increase in the demand for home appliances as more people are spending more time at home, thus resulting in an increase in the overall demand for cooker hoods.
Cooker Hoods Market Segmentation:
By Product Type
The product type segment is categorized into wall-mounted, telescopic, ceiling-mounted, under-cabinet, canopy, and others. The under-cabinets segment is anticipated to contribute substantial shares to the market growth in terms of revenue. These cabinets are small and compact that are generally preferred by consumers as they easily blend with any kitchen aesthetic. Due to their small size, they are a great fit for smaller kitchens, as they are only 52-60 cm in size. Furthermore, wall-mounted hoods are also projected to contribute substantial shares to the cooker hoods market. These hoods are directly installed on the wall of the kitchen, above the stove. Due to their large size, the ventilation provided by them is high quality as they absorb all the fume and smoke. These hoods act as a favorable extraction system as they are directly attached to the existing duct of kitchen areas.
The size segment is trifurcated into less than 80cm, 80-105cm, and more than 105 cm. The 80-105cm segment in cooker hoods is expected to contribute the largest shares in terms of volume. These cooker hoods serve as the perfect fit for the average-sized kitchen with a small working area. These average-sized hoods are mainly used with induction hobs, where steam and fumes spread out further. This is because the length of the worktop to the hood surface requires an equivalently wide cooker hood for effective suction of fumes and odors. Thus, the 80-105 cm segment is anticipated to boost the market growth in the forecast period. Moreover, sectors such as hotels and restaurants are also set to boost the more than 105 cm segment during the forecast period. These sectors require proper ventilation and filtration due to their large kitchen spaces. Thus, the presence of a large network of hotels and restaurants is anticipated to increase the demand for more than 105 cm cooker hoods as these businesses heavily depend on kitchen activities.
By Extraction Type
The extraction type segment is divided into extractor hoods and recirculation hoods. The extractor hoods segment is estimated to register the fastest CAGR growth during the forecast period. These systems are mainly adopted due to their effective extraction rate. These extractors are available at varied power settings and generate low noise levels. Thus, consumers highly integrate these extractor hoods in their kitchen spaces as a part of open-plan living spaces. Furthermore, the recirculation hood is also projected to contribute substantially in terms of revenue for market growth. As the name suggests, instead of extracting, these systems recycle the same air via grease or charcoal filters and vent it back to the kitchen. These hoods gain favorable demand among consumers with newly built house structures. These types of hoods do not require a large hole in the outer walls of the house, which helps in stabilizing the energy label of the house.
By Suction Power
The suction power is segmented into less than 800 m3/h, 800-1200 m3/h, and more than 1200 m3/h. The 800-1200m3/h segment is estimated to share the largest CAGR growth during the forecast future. This segment witnessed a major increase due to the high requirement of this range in decorative cooker hoods. Thus, the increased rate of decorative hood adoption has resulted in segment growth. Further, such suction power aspect is mainly taken into consideration by consumers while making the buying decisions of such hoods. Thus, factors such as duct size, food preparation style, number of angles given to the ducting, and design & duct style mainly affect the suction power of any cooking hood. Thus, the majority of consumers prefer hoods with more suction power for increasing the performance of such hoods. Further, in the context of cooker hood design, straight line chimney style requires 700 m3/hr suction power for effective functioning. However, the suction power of decorative one\'s this suction power range from 800 m3/hr to 1200 m3/hr.
By Distribution Channel
The distribution channel is segmented into online and offline. The online channels are mainly preferred by the mass consumer base which is attributed to the largest share contribution of this segment to the market growth. In the online distribution channel, cooker hoods can be purchased through e-commerce websites and online marketplaces. These platforms offer a wide range of options for customers, including various brands, models, and price points. Online marketplaces such as Amazon, eBay, and Costco have become popular for purchasing home appliances such as cooker hoods. Online retailers also offer the convenience of home delivery and easy returns.
Furthermore, the offline segment is also projected to boost the demand for cooker goods in the cooker hoods market statistics during the forecast period. This is attributed to the fact that cooker hoods can be purchased through traditional brick-and-mortar stores such as home appliance stores, department stores, and specialty stores. These stores typically offer a wide range of options for customers, including various brands, models, and price points. The main advantage of offline distribution channels is that customers can see, touch, and test the products before making a purchase. This is particularly important for high-end products where customers want to ensure quality and compatibility before making a purchase.
By End User
The end-user segment is separated into residential, and commercial. The residential end-users are expected to support the market growth in terms of the largest revenue shares. The market is driven by the increasing demand for home appliances and the growing construction industry. The residential segment includes single-family homes, apartments, and condominiums. In addition, the increasing number of new housing units and renovation projects. The growing popularity of open-plan kitchens and the increasing emphasis on kitchen design is also driving the demand for cooker hoods in the residential sector.
Furthermore, the commercial segment is also estimated to project substantial growth in the market. This is attributed to the fact that the increasing demand for energy-efficient appliances in commercial kitchens. The use of cooker hoods in commercial kitchens is important for maintaining good air quality and complying with health and safety regulations. The growing trend in the food service industry, and the increasing number of restaurants, and hotels are expected to drive the demand for cooker hoods in the commercial segment.
The regional segment comprises North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. In the context of the region, North America is estimated to contribute the largest share due to several factors. The market for cooker hoods is driven by the presence of major players and a developed construction industry. The United States and Canada are the major markets for cooker hoods in North America. The U.S. market is driven by the presence of a large number of manufacturers and a developed construction industry. Additionally, the U.S. governments initiatives to promote energy-efficient appliances and the increasing emphasis on kitchen design also drive the market for cooker hoods in the country.
Further, the Asia-Pacific region is also estimated to contribute in terms of revenue share to the market, the market is driven by increasing urbanization and rising disposable income in countries such as China and India. The Asia-Pacific region is the fastest-growing market for cooker hoods, driven by the increasing construction industry and the growing demand for home appliances in the region.
China is the largest market for cooker hoods in the Asia-Pacific region, driven by the rapidly growing construction industry and the increasing demand for home appliances. The Chinese governments initiatives to promote energy-efficient appliances also drive the market for cooker hoods in the country.
Cooker Hoods Market Competitive Landscape:
The market research report published on the market offers a comprehensive evaluation of macroeconomic parameters such as SWOT analysis, segmental analysis, market dynamics, and others. In the context of market players and their business portfolio offerings, the report helps gain an inclusive understanding of major factors such as mergers & acquisitions, market trends, product launches and innovations, and business strategies. Further, mentioned are the major market firms that comprise the latest market concentration–
• Elica hoods
• Copper Smith
• Luxair Cooker Hoods Limited
• Inflame Appliances Ltd
• Eico A/S
• Candy Hoover Group S.r.l
• Falmec Kitchen Appliance Limited
• Hafele Appliances
• In 2022, Switzerland Conglomerate, Franke, introduced a smart suspended island cooker hood with additional features of the brand\'s sound pro blowers. This latest product innovation offers three operating speeds in an intensive setting. It also has an easy push button operation plus two LED lights.
• In 2022, Hafele, a Germany-based company, launched a ceramic-finished cooker hood that will not only keep the kitchen fresh but will elevate its design. It offers cooker hoods along with filter-free-smoke extraction technology.