Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.81 Billion | USD 18.70 Billion | 4.99% | 2022 |
FrequentlyAsked Questions
A cooking hood, also known as a range hood, is a kitchen appliance that is placed or mounted above cooktops or ranges.
The global cooking hood market is projected to grow owing to the rising innovation observed in the commercial market along with an increasing number of product launches thus catering to a wider group of consumers.
According to study, the global cooking hood market size was worth around USD 11.81 billion in 2022 and is predicted to grow to around USD 18.70 billion by 2030.
The CAGR value of the cooking hood market is expected to be around 4.99% during 2023-2030.
The global cooking hood market will be headed by North America during the forecast period. This is mainly because cooking hoods are considered a crucial kitchen utility item in most American and Canadian homes.
The global cooking hood market is led by players like KitchenAid, Broan-NuTone, Miele, Faber, Bosch, Zephyr, Elica, GE Appliances, Electrolux, Thermador, Cavaliere, Samsung, Vent-A-Hood, Falmec, and Best Range Hoods.
The report explores crucial aspects of the cooking hood market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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