In 2022, the global cooker hoods market is estimated at US$ 12.1 billion, projected to reach US$ 17.1 billion by 2032. Cooker hood sales are expected to accelerate at a CAGR of 4.9% between 2022 to 2032. The share of the cooker hoods market in its house appliance market is approximately ~5%-10%.
A significant driving force behind the global cooker hoods industry is the increasing adoption of these appliances in both residential and commercial kitchens, aimed at enhancing air quality and establishing a more comfortable cooking environment.
Manufacturers of kitchen hoods are expected to respond to consumer demands by integrating technological advancements and embracing the Internet of Things (IoT). This includes the integration of innovative features such as noise reduction, internet connectivity, and the incorporation of sensors like infrared and optical, which are anticipated to open up new growth opportunities for the cooker hoods industry throughout the forecast period.
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In Europe, U.K is expected to account for a dominant share in the market owing to rapid development of more innovative, energy efficient, and technologically advanced household appliances.
Key Takeaways:
- Based on product type, sales of integrated cooker hoods will remain high.
- By applications, demand for cooker hoods in the residential segment will gain traction.
- In terms of sales channel, the exclusive stores segment will expand at a considerable pace over the assessment period.
- The U.K. will continue dominating the Europe cooker hoods market over the forecast period amid high demand for smart kitchen appliances.
- India will emerge as a lucrative pocket owing to the expansion of the foodservice sector in the country.
Competition Landscape
Appliances are being integrated with Internet of Things (IoT) platforms by market players. Apps for mobile and desktop devices allow smart kitchen equipment to work remotely and wirelessly,in real-time. Mergers and acquisitions, as well as product development and innovation, are among the strategies adopted by key players to gain a competitive edge.
Adding new features and functionality is a major concern for companies. Major players present in the Cooker Hoods market are
- Miele
- BSH Home Appliances Group
- Bosch
- Siemens
- Elica hoods
- Midea
- Luxair Cooker Hoods Limited
- Inflame Appliances Ltd
- Eico A/S
- Westin
- Candy Hoover Group S.r.l
- Falmec Kitchen Appliance Limited
- Hafele Appliances
- Others (on request)
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Cooker Hoods Market by Category
By Product Type:
- Chimney/wall-mounted cooker hoods
- Integrated cooker hoods
- Downdraft cooker hoods
By Technology:
- Extraction Technology
- Filter less Technology
By Application:
- Residential
- Commercial
By Sales Channel:
- Multi-Brand Stores
- Exclusive Stores
- Online Stores
- Independent Stores
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa (MEA)
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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