A cooking hood is a device containing a mechanical fan that hangs above the stove in the kitchen. It removes airborne grease, combustion products, fumes, smoke, heat, and steam from the air by evacuating the air and filtration. Manufacturers employ different approaches to reduce noise, such as multiple insulation layers, filtration systems, motors, and sound-absorbing base.
MARKET DYNAMICS
The major drivers boosting the cooking hood market are increasing the number of hotels and restaurants and regulations laid by government and associations regarding cleanliness and hygiene. Increasing preference for the cooking hood in developing countries further drives the market. The growing awareness about the health and benefits of the cooking hood is essential for creating a massive cooking hood market opportunity. The high maintenance cost and presence of substitutes are expected to hamper the market during the forecast period.
MARKET SCOPE
The "Cooking Hood Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the cooking hood market with detailed market segmentation by product and application. The global cooking hood market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cooking hood market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
By Product
- Wall Mounted Hoods
- Ceiling Mounted Hoods
- Under Cabinet Type Hoods
- Others
By Application
- Residential
- Commercial
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cooking hood market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The cooking hood market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the cooking hood market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the cooking hood market in these regions.
MARKET PLAYERS
The report covers vital developments in the cooking hood market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the cooking hood market are anticipated to lucrative growth opportunities in the future with the rising demand for cooking hood in the global market. Below mentioned is the list of few companies engaged in the cooking hood market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cooking hood market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Asko Appliances
- Broan, Inc.
- BSH Home Appliances Corporation
- Elica S.p.A.
- Faber S.p.A.
- Falmec S.p.A.
- Miele, Inc.
- Panasonic Corporation
- Samsung Electronics
- Whirlpool Corporation.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.