report published by Infinium Global Research on cooking hood market provides an in-depth analysis of segments and sub-segments in the global as well as
regional cooking hood market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional cooking hood market
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of the global cooking hood
market. According to the report, the global cooking hood market is projected to
grow with a healthy CAGR over the forecast period of 2019-2025.
is a center point of the home. It is the place where everyone comes together at
the start of the day. Changing technology and social dynamics stimulate the
growth of the modern kitchen. The cooking hood is a part of the modern kitchen.
Major companies in the cooking hood market are focusing on mergers and
acquisitions to maximize their market share. In June 2018, Whirlpool acquired a
49% share of Elica PB which is a kitchen hood and cooking equipment maker.
Whirlpool has made this investment to expand their cooking and built-in
demand for easy to use and convenient kitchen appliances that drive the growth
of the cooking hood market. New infrastructure and development in interior
designs stimulate the growth of the cooking hood market. The rising disposable
income, urbanization and increasing demand for cleaning appliances contributing
to the growth of the cooking hood market. In addition, the rising awareness
about the benefits of cooking hoods boosts the growth of the cooking hood
market. On the flip side, the prevalence of traditional ventilation system in
old construction restraints the growth of cooking hood market. Moreover,
technological advancements create opportunities for the cooking hood market.
is expected to have a larger share in the cooking hood market. The rapid
development in infrastructure and increasing demand for modern kitchen in The United States contributes to the growth of the cooking hood market in the North
America region. Asia-Pacific region is anticipated to grow in the cooking hood
market. Asia-Pacific region has a huge population with increasing demand for
convenient kitchen appliances that contributes to the growth of the cooking
hood market in the Asia-pacific region.
The report on
global cooking hood market covers segments such as product type, application,
and distribution channel. On the basis of product type, the sub-markets include
wall mounted hoods, ceiling mounted hoods, under cabinet type hoods, and other
product types. On the basis of application, the sub-markets include
residential, and commercial. On the basis of distribution channel, the sub-markets
include online, and retail stores.
provides profiles of the companies in the market such as Whirlpool Corporation,
Faber S.p.A., Falmec S.p.A., Miele, Inc., Panasonic Corporation, Samsung
Electronics, Nortek Inc., Fagor Electrodomsticos, Vatti Corporation Ltd., AB
Electrolux, and Other companies.
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of cooking hood market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.