Extractor Hood Market was valued at USD 7.25 Billion in 2022 and is projected to reach USD 12.50 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The extractor hood market has experienced significant growth from 2018 to 2022, driven by rising consumer demand for more advanced, efficient, and aesthetically pleasing kitchen appliances. With increased focus on cleaner indoor air quality and improved kitchen designs, the extractor hood industry saw a surge in innovation, including the integration of smart technologies, energy efficiency, and improved ventilation capabilities. The market expanded as new players entered the space, offering a wide variety of extractor hoods suited for different consumer preferences and budgets.
However, the demand for extractor hoods is not expected to plateau after 2022. The forecast from 2023 to 2033 shows continued market growth, albeit at a slightly slower pace compared to the boom years. With an increasing shift towards sustainable living, the focus is now on eco-friendly, energy-efficient models that not only improve air quality but also reduce energy consumption. Consumers are becoming more environmentally conscious, opting for models that feature low energy consumption, quieter motors, and advanced filtration systems, such as activated carbon or grease filters, ensuring cleaner air without compromising on performance.
Residential kitchens remain the primary segment driving the extractor hood market, but commercial applications, particularly in the hospitality industry, are expected to witness a surge in demand. The rising number of restaurants, hotels, and other food establishments is pushing the demand for high-performance commercial extractor hoods designed for large kitchens. Furthermore, the increasing trend of open-plan kitchens is enhancing the demand for stylish and silent extractor hoods, as consumers seek to complement their modern kitchen aesthetics.
Technological advancements are playing a pivotal role in shaping the future of the extractor hood market. Manufacturers are incorporating smart sensors, Wi-Fi connectivity, and IoT capabilities into their products, enabling consumers to control their extractor hoods remotely. These innovations are particularly popular in smart homes, where automation and seamless connectivity are prioritized. Additionally, manufacturers are focusing on quieter operation and energy-efficient solutions, addressing common consumer pain points.
While the market has experienced substantial growth from 2018 to 2022, factors such as supply chain disruptions and raw material cost increases have slightly impacted the price points of extractor hoods in the short term. However, the overall demand for high-quality, durable, and efficient extractor hoods is expected to remain strong through 2033. Innovations in design and functionality, such as touch controls, advanced lighting features, and more durable, easy-to-clean surfaces, will continue to captivate consumer interest, making the extractor hood market a key player in the home appliance industry.
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BSH Group
Electrolux
Whirlpool
ROBAM
VATTI
FABER
Miele
FOTILE
SACON
Kenmore
DE&E
Panasonic
Midea
Haier
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Extractor Hood Market
Residential
Commercial
Based on Types the Market is categorized into Below types that held the largest Extractor Hood market share In 2023.
Stainless Steel Extractor Hood
Aluminum Alloy Extractor Hood
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Extractor Hood Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Extractor Hood Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Extractor Hood Market, By Type
6. Global Extractor Hood Market, By Application
7. Global Extractor Hood Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Extractor Hood Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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