The Asia Pacific Range Hood Market would witness market growth of 9.7% CAGR during the forecast period (2021-2027). Food chains are increasingly becoming popular across the globe. People prefer going to these outlets to have their favorite food and spend some quality time with their families or friends.
Due to this factor, the number of food chains all over the world has increased, hence creating lucrative growth opportunities for the market. Almost every food chain companies opt to install the advanced range hoods in order to maintain cleanliness. Many companies utilize manifold layers of lining, the base for the lower down sound, and the motors for the filtration system to minimize sound, it would further add to the growth of the market. Moreover, shifting of lifestyle patterns due to the hectic schedule of work along with an increasing number of restaurant chains or food chains majorly in developing countries like India and China, are fueling the growth of the range hood market.
The growth of range hood market is attributed to the technological improvements and the increasing usage of loT technology in range hood devices. The key manufacturers are turning their attention towards creating more advanced gadget due to the increasing consumer preference for various smart features like noise reduction, installation of temperature, wireless connectivity, optic, and infrared sensors, in various kitchen appliances.
For example, manufacturers utilize a sound-absorbing base, multiple insulation layers, and filtration system motors in order to minimize the noise coming out of kitchen appliances, this aspect is surging the growth of the market. Additionally, shifting lifestyle owing to the busy work schedule coupled with the rising number of hotels and food chains, specifically in emerging nations like China and India further contributes to the increasing market growth.
The Offline market dominated the South Korea Range Hood Market by Distribution Channel in 2020, thereby, achieving a market value of $332.8 Million by 2027, growing at a CAGR of 9.9 % during the forecast period. The Online market is expected to witness a CAGR of 11.2% during (2021 - 2027).
Based on Type, the market is segmented into Under Cabinet, Wall Mounted, Ceiling Mount and Other Types. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Range Hood Market is Projected to reach USD 17.6 Billion by 2027, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Whirlpool Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Miele & Cie. KG, Broan-NuTone, LLC (Nortek Holdings LLC), Faber S.p.A. (Franke Holding AG), Falmec S.p.A., Asko Appliances AB (Hisense Group), Robert Bosch GmbH (BSH Home Appliances Corporation), and Elica S.p.A. (FAN S.A.)
Scope of the Study
Market Segments Covered in the Report:
By Type
- Under Cabinet
- Wall Mounted
- Ceiling Mount
- Other Types
By Distribution Channel
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Whirlpool Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Miele & Cie. KG
- Broan-NuTone, LLC (Nortek Holdings LLC)
- Faber S.p.A. (Franke Holding AG)
- Falmec S.p.A.
- Asko Appliances AB (Hisense Group)
- Robert Bosch GmbH (BSH Home Appliances Corporation)
- Elica S.p.A. (FAN S.A.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Range Hood Market, by Type
1.4.2 Asia Pacific Range Hood Market, by Distribution Channel
1.4.3 Asia Pacific Range Hood Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Range Hoods Market - Global
Chapter 4. Asia Pacific Range Hood Market by Type
4.1 Asia Pacific Under Cabinet Market by Country
4.2 Asia Pacific Wall Mounted Market by Country
4.3 Asia Pacific Ceiling Mount Market by Country
4.4 Asia Pacific Other Types Market by Country
Chapter 5. Asia Pacific Range Hood Market by Distribution Channel
5.1 Asia Pacific Offline Market by Country
5.2 Asia Pacific Online Market by Country
Chapter 6. Asia Pacific Range Hood Market by Country
6.1 China Range Hood Market
6.1.1 China Range Hood Market by Type
6.1.2 China Range Hood Market by Distribution Channel
6.2 Japan Range Hood Market
6.2.1 Japan Range Hood Market by Type
6.2.2 Japan Range Hood Market by Distribution Channel
6.3 India Range Hood Market
6.3.1 India Range Hood Market by Type
6.3.2 India Range Hood Market by Distribution Channel
6.4 South Korea Range Hood Market
6.4.1 South Korea Range Hood Market by Type
6.4.2 South Korea Range Hood Market by Distribution Channel
6.5 Singapore Range Hood Market
6.5.1 Singapore Range Hood Market by Type
6.5.2 Singapore Range Hood Market by Distribution Channel
6.6 Malaysia Range Hood Market
6.6.1 Malaysia Range Hood Market by Type
6.6.2 Malaysia Range Hood Market by Distribution Channel
6.7 Rest of Asia Pacific Range Hood Market
6.7.1 Rest of Asia Pacific Range Hood Market by Type
6.7.2 Rest of Asia Pacific Range Hood Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Whirlpool Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.2 Samsung Electronics Co., Ltd. (Samsung Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Panasonic Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Miele & Cie. KG
7.4.1 Company Overview
7.5 Broan-NuTone, LLC (Nortek Holdings LLC)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Faber S.p.A. (Franke Holding AG)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.6.2.2 Acquisition and Mergers:
7.6.2.3 Partnerships, Collaborations, and Agreements:
7.7 Falmec S.p.A.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 Asko Appliances AB (Hisense Group)
7.8.1 Company Overview
7.9 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Elica S.p.A. (FAN S.A.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Range Hood Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Range Hood Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Under Cabinet Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Under Cabinet Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Wall Mounted Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Wall Mounted Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Ceiling Mount Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Ceiling Mount Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Other Types Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Other Types Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Offline Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Offline Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Range Hood Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Range Hood Market by Country, 2021 - 2027, USD Million
TABLE 21 China Range Hood Market, 2017 - 2020, USD Million
TABLE 22 China Range Hood Market, 2021 - 2027, USD Million
TABLE 23 China Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 24 China Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 25 China Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 26 China Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 27 Japan Range Hood Market, 2017 - 2020, USD Million
TABLE 28 Japan Range Hood Market, 2021 - 2027, USD Million
TABLE 29 Japan Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 30 Japan Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 31 Japan Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 32 Japan Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 33 India Range Hood Market, 2017 - 2020, USD Million
TABLE 34 India Range Hood Market, 2021 - 2027, USD Million
TABLE 35 India Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 36 India Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 37 India Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 38 India Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 39 South Korea Range Hood Market, 2017 - 2020, USD Million
TABLE 40 South Korea Range Hood Market, 2021 - 2027, USD Million
TABLE 41 South Korea Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 42 South Korea Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 43 South Korea Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 44 South Korea Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 45 Singapore Range Hood Market, 2017 - 2020, USD Million
TABLE 46 Singapore Range Hood Market, 2021 - 2027, USD Million
TABLE 47 Singapore Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 48 Singapore Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 49 Singapore Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 50 Singapore Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 51 Malaysia Range Hood Market, 2017 - 2020, USD Million
TABLE 52 Malaysia Range Hood Market, 2021 - 2027, USD Million
TABLE 53 Malaysia Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 54 Malaysia Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 55 Malaysia Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 56 Malaysia Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 57 Rest of Asia Pacific Range Hood Market, 2017 - 2020, USD Million
TABLE 58 Rest of Asia Pacific Range Hood Market, 2021 - 2027, USD Million
TABLE 59 Rest of Asia Pacific Range Hood Market by Type, 2017 - 2020, USD Million
TABLE 60 Rest of Asia Pacific Range Hood Market by Type, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Range Hood Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Range Hood Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 63 Key information – Whirlpool Corporation
TABLE 64 Key Information –Samsung Electronics Co., Ltd.
TABLE 65 Key Information – Panasonic Corporation
TABLE 66 Key Information – Miele & Cie. KG
TABLE 67 key information – Broan-NuTone, LLC
TABLE 68 key information – Faber S.p.A.
TABLE 69 key information – Falmec S.p.A.
TABLE 70 key information – Asko Appliances AB
TABLE 71 key information – Robert Bosch GmbH
TABLE 72 key information – Elica S.p.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 3 SWOT Analysis: Panasonic Corporation
FIG 4 Recent strategies and developments: Faber S.p.A.
FIG 5 Swot analysis: Robert bosch gmbh