Global Cooking Hood Market worth USD 13,927.57 Million by 2025

Global Cooking Hood Market worth USD 13,927.57 Million by 2025

Pune, India, April 08, 2019 -- /360iResearch/ -- The report "Global Cooking Hood Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 8,210.78 million in 2018 and is projected to reach USD 13,927.57 million by 2025, growing at a CAGR of 7.84% from 2018 to 2025.

The major forces driving the growth of the cooking hood market include the rising need for convenient and easy-to-use kitchen appliances due to lack of spaces in homes and increasing urbanization and change in the consumer preference. Moreover, attractive marketing strategies and customization options for modular kitchens and rising demand due to advanced features such as safety, convenience, and design of the product are also some of the factors that are driving the market growth. However certain factors such as the use of traditional ventilation systems may hinder the market growth. In the middle of difficulty lies opportunity such as the demand for modular kitchens, growing popularity of concealed hoods, integration of innovative ideas such as decorative cooker hoods with technologically advanced features, and improving lifestyle in emerging countries. The possible challenges for the market growth is environment-related concerns due to the usage of cooking hoods that is direct emission of fumes. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on product type, the global cooking hood market is studied across Cabinet, Down draft, Insert, Island, Over the range, and Wall mounted. Based on structure, the global cooking hood market is studied across Convertible, Ducted, and Ductless. Based on end user, the global cooking hood market is studied across Commercial, and Residential. Based on distribution channel, the global cooking hood market is studied across Offline, and Online. Based on geography, the global cooking hood market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the cooking hood market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Beko plc, Electrolux AB, Elica S.p.A., Faber S.p.A., Guangdong Vanward New Electric Co., Ltd., Haier Group Corporation, Hoover Limited, IFB Industries Limited, Miele & Cie. KG., Robert Bosch GmbH, Samsung Electronics Co., Ltd., Systemair AB, and Whirlpool Corporation.

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