Range Hood Market Report by Product (Ceiling Mount, Wall Mount, Under Cabinet, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032

Range Hood Market Report by Product (Ceiling Mount, Wall Mount, Under Cabinet, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112023A7055
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Market Overview:

The global range hood market size reached US$ 16.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.89% during 2024-2032. The rising awareness regarding indoor air quality, increasing consumer preference for smart home appliances, and various technological advancements represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 16.1 Billion
Market Forecast in 2032
US$ 25.1 Billion
Market Growth Rate 2024-2032 4.89%


A range hood refers to an appliance typically mounted above a stove or cooktop in a kitchen. It consists of a canopy, fan, and filter and may also include lights and other features. It is manufactured using stainless steel, copper, bronze, aluminum, bronze, nickel silver, zinc, brass, heat-resistant plastics, and tempered glass. A range hood is widely used to capture, filter, vent out and remove smoke, heat, steam, cooking grease, odors, and other pollutants released into the air while cooking. It helps to reduce heat and humidity, improve air quality, enhance lighting, add aesthetic appeal, and improve cleanliness. It also provides added ventilation, increases safety, protects appliances, and reduces maintenance. 

Global Range Hood Market

Range Hood Market Trends:

The rising awareness regarding indoor air quality across the globe is one of the key factors driving the market growth. In line with this, the widespread product adoption in residential establishments as it reduces the risk of fire by removing smoke and steam from the kitchen and carbon monoxide (CO) poisoning by venting the air outside, which, in turn, is favoring the market growth. Moreover, the growing construction and renovation activities, the increasing demand for efficient storage, and a space-saving range hood that provides effective ventilation are other growth-inducing factors. Apart from this, manufacturers are focusing on the development of innovative devices owing to consumer preference for smart features, such as wireless connectivity, installation of temperature, optic, and infrared sensors, and noise reduction features, in the products is providing an impetus to the market growth. Furthermore, the integration of the Internet of Things (IoT) technology in a range hood that assists in remote controlling, monitoring the performance, providing an alert regarding filter change and replacement, smart scheduling, and automatic detection is propelling the market growth. Additionally, the increasing inclination toward high-end range hoods with advanced features, such as built-in lighting, digital controls, and energy-efficient motors, due to the rising expenditure capacities of consumers is positively influencing the market growth. Other factors, including the implementation of various government initiatives regarding cleanliness and hygiene in restaurants and food chains, the easy product availability across e-commerce platforms, the launch of low-cost variants, increasing consumer preference for smart home appliances, and changing lifestyles, are anticipated to drive the market growth further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global range hood market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product, distribution channel, and application.

Product Insights:

  • Ceiling Mount
  • Wall Mount
  • Under Cabinet
  • Others
     

The report has provided a detailed breakup and analysis of the range hood market based on the product. This includes ceiling mount, wall mount, under cabinet, and others. According to the report, wall mount represented the largest segment.

Distribution Channel Insights:

  • Offline
  • Online
     

The report has provided a detailed breakup and analysis of the range hood market based on the distribution channel. This includes offline and online. According to the report, offline represented the largest segment.

Application Insights:

  • Residential
  • Commercial
     

The report has provided a detailed breakup and analysis of the range hood market based on the application. This includes residential and commercial. According to the report, residential represented the largest segment.

Regional Insights:

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for range hood. Some of the factors driving the Asia Pacific range hood market included the growing construction and renovation activities, various product innovations, and increasing demand for energy-efficient range hoods.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global range hood market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Broan-NuTone LLC (Madison Industries Holdings LLC), Bsh Home Appliances Limited (BSH Hausgeräte GmbH), Electrolux AB, Elica S.p.A., Faber S.p.A. (Franke Holding AG), Fotile America LLC, Gorenje (Hisense Group), Guangdong Vanward New Electric Co. Ltd., Haier Group Corporation, Midea Group, Miele, Panasonic Holdings Corporation, Samsung Electronics Co. Ltd., Whirlpool Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Products Covered Ceiling Mount, Wall Mount, Under Cabinet, Others
Distribution Channels Covered Offline, Online
Applications Covered Residential, Commercial
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Broan-NuTone LLC (Madison Industries Holdings LLC), Bsh Home Appliances Limited (BSH Hausgeräte GmbH), Electrolux AB, Elica S.p.A., Faber S.p.A. (Franke Holding AG), Fotile America LLC, Gorenje (Hisense Group), Guangdong Vanward New Electric Co. Ltd., Haier Group Corporation, Midea Group, Miele, Panasonic Holdings Corporation, Samsung Electronics Co. Ltd., Whirlpool Corporation, etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the range hood market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global range hood market.
  • The study maps the leading as well as the fastest-growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the range hood industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

The global range hood market was valued at US$ 16.1 Billion in 2023.

We expect the global range hood market to exhibit a CAGR of 4.89% during 2024-2032.

The rising integration of the Internet of Things (IoT) technology in a range hood, as it assists in remote controlling, monitoring the performance, providing an alert regarding filter change and replacement, smart scheduling, and automatic detection, is primarily driving the global range hood market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of range hood.

Based on the product, the global range hood market can be segmented into ceiling mount, wall mount, under cabinet, and others. Among these, wall mount holds the majority of the total market share.

Based on the distribution channel, the global range hood market has been divided into offline and online, where offline currently exhibits a clear dominance in the market.

Based on the application, the global range hood market can be categorized into residential and commercial. Currently, residential accounts for the largest market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global range hood market include Broan-NuTone LLC (Madison Industries Holdings LLC), Bsh Home Appliances Limited (BSH Hausgeräte GmbH), Electrolux AB, Elica S.p.A., Faber S.p.A. (Franke Holding AG), Fotile America LLC, Gorenje (Hisense Group), Guangdong Vanward New Electric Co. Ltd., Haier Group Corporation, Midea Group, Miele, Panasonic Holdings Corporation, Samsung Electronics Co. Ltd., Whirlpool Corporation, etc.

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Range Hood Market Report by Product (Ceiling Mount, Wall Mount, Under Cabinet, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032
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