LAMEA Kitchen Chimney Market Size, Share & Industry Trends Analysis Report By Duct Type (Ducted and Ductless), By Product Type, By Application (Residential and Commercial), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the LAMEA Kitchen Chimney Market
Market Report Description
The Latin America, Middle East and Africa Kitchen Chimney Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030).
The demand for air ducts is anticipated to increase in residential and commercial construction markets due to rising consumer awareness of energy conservation, better thermal comfort, and energy efficiency. Galvanized steel air ducts are also appropriate for high-temperature applications. For light-duty applications for the ventilation of kitchen chimneys, aluminium ducts are frequently employed. Kitchen chimney market expansion is anticipated to be aided by the increasing use of air ducts made of materials like fiberglass and polymers, which offer increased insulation and flexibility as desirable qualities.
Ductless heating and cooling systems are anticipated to be in demand as the number of smart homes increases. In smart homes, ductless systems regulate air temperature, humidity, and fresh air intake. Additionally, by integrating several components, including smart thermostats, sensors, control valves, heating and cooling coils, dampers, actuators, pumps, and fans, the energy consumption level of a ductless system can be greatly reduced. With the use of technologies like wireless communication, Internet connectivity, mobile devices, and cloud computing, these smart devices reduce energy consumption and regulate the operation of ductless heating and cooling systems.
The UAE has long been considered a top destination for leisure travel and tourism in particular. Due to their rapid and sustained expansion over the last several years, these sectors have come to play a crucial role in the United Arab Emirates’ strategy for effectively diversifying its economy. The UAE’s food and beverage business are incredibly vibrant, and its consumers are growing more discerning. Although some food and beverage firms were forced to make tough choices, these judgments were essential. The need for commercial kitchens is increasing in the LAMEA region due to the rising food, beverage, and hospitality industries in the region. This rise in commercial kitchen spaces further accelerates the demand for kitchen chimneys.
The Brazil market dominated the LAMEA Kitchen Chimney Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $414.1 Million by 2030. The Argentina market is estimated to witness a CAGR of 7.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.8% during (2023 - 2030).
Based on Duct Type, the market is segmented into Ducted and Ductless. Based on Product Type, the market is segmented into Wall-mounted Chimney, Built-In Chimney, Island Chimney, Corner Chimney and Others. Based on Application, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Elica S.p.A. (FAN S.A.), Faber S.p.A. (Franke Holding AG), Samsung Electronics Co., Ltd. (Samsung Group), Whirlpool Corporation, Panasonic Holdings Corporation, LG Electronics, Inc. (LG Corporation), Vent-A-Hood Co., LTD, Robert Bosch GmbH (BSH Home Appliances Corporation), Viking Range LLC (The Middleby Corporation), Miele & Cie. KG
Scope of the Study
Market Segments Covered in the Report:
By Duct Type
By Product Type
- Wall-mounted Chimney
- Built-In Chimney
- Island Chimney
- Corner Chimney
By Distribution Channel
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Elica S.p.A. (FAN S.A.)
- Faber S.p.A. (Franke Holding AG)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Whirlpool Corporation
- Panasonic Holdings Corporation,
- LG Electronics, Inc. (LG Corporation)
- Vent-A-Hood Co., LTD
- Robert Bosch GmbH (BSH Home Appliances Corporation)
- Viking Range LLC (The Middleby Corporation)
- Miele & Cie. KG
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free