Cooking Hood Market Size, Share, Growth, Trends, and Forecast 2030

Cooking Hood Market

Cooking Hood Market By Product (Under Cabinet Type Hoods, Ceiling Mounted Hoods, Wall Mounted Hoods, and Others), By Decibel (More than 60 Decibels, 40-60 Decibels, and Less than 40 Decibels), By Application (Commercial and Residential), By Suction Power (More than 1200 m3/h, 800-1200 m3/h, and Less than 800 m3/h), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030

Category: Consumer Goods Report Format : PDF Pages: 231 Report Code: ZMR-7995 Published Date: Jan-2024 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 11.81 Billion USD 18.70 Billion 4.99% 2022

Cooking Hood Industry Prospective:

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 with a compound annual growth rate (CAGR) of roughly 4.99% between 2023 and 2030.

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Cooking Hood Market: Overview

A cooking hood, also known as a range hood, is a kitchen appliance that is placed or mounted above cooktops or ranges. Its role is crucial to the capturing, filtering, and venting of cooking steam and grease above the cooking area. Range hoods are made with an integrated fan system and some versions also include illuminating systems to help light up the cooktop area. They are available in different shapes and sizes. While some cooking hoods are extremely basic offering few features, multiple brands offer extremely advanced and high-tech cooking hoods for modern homes or commercial settings. Some variants work by venting air through ducts and some brands offer ductless systems. During the cooking process, when the hood is switched on, it draws in smoke, moisture, and grease with the aid of the fan installed. In case, the ventilation system is outside, the air is pushed out of the setting through ducts. There is another variant of cooking hood that has gained popularity in recent times called the recirculating range which works with multiple filters to clean or scrub the air before returning it to the room.

Key Insights:

  • As per the analysis shared by our research analyst, the global cooking hood market is estimated to grow annually at a CAGR of around 4.99% over the forecast period (2023-2030)
  • In terms of revenue, the global cooking hood market size was valued at around USD 11.81 billion in 2022 and is projected to reach USD 18.70 billion, by 2030.
  • The cooking hood market is projected to grow at a significant rate due to the growing innovation and product launches
  • Based on product segmentation, wall-mounted hoods segment was predicted to show maximum market share in the year 2022
  • Based on application segmentation, commercial was the leading segment in 2022
  • On the basis of region, North America was the leading revenue generator in 2022

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Cooking Hood Market: Growth Drivers

Growing innovation and product launches to drive market growth

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. There are two crucial segments influencing the demand for cooking hoods. One segment consists of people moving to urban areas with modern homes. The second segment deals with people in remote areas experiencing higher product awareness and accessibility through the means of online sales channels. In addition to this, market players have adopted intelligent sales and marketing strategies by developing products specific to a certain region. For instance, countries with a culinary ecosystem that uses an extensive range of spices will have different expectations from cooking hoods than countries that do not indulge in spices-rich food. For instance, in March 2023, Ciarra, a leading manufacturer of modern kitchen appliances, launched Ciarra HOOD TO GO, a compact and portable range hood. The company has marketed the product as a cooking hood suitable for people who love to host people at home and cook together.

Increasing residential construction and renovation activities to push market revenue to new heights

As the world population continues to rise, the demand for residential space has grown rapidly in the last decade. Modern homes are typically equipped with essentials including a cooking hood. As the construction of new-age homes rises, the demand for range hood is expected to follow a similar trend. The pattern of buying semi-furnished or full-furbished hoods is mostly prevalent in middle-income and higher-income groups.

Cooking Hood Market: Restraints

High cost of cooking hoods to restrict market growth

Cooking hoods are not considered essential kitchen items in various countries, especially the ones with a large population falling below the poverty line. In addition to this, the recent social and geopolitical turmoil observed in several countries has further pushed many people closer to the low-income segment. The cost of cooking hoods is typically high at least in terms of initial installation. The high associated expense is likely to restrict the cooking hood industry growth since many people would refrain from spending on items they do not consider an absolute necessity.

Cooking Hood Market: Opportunities

Integration of advanced technology in kitchen appliances to deliver growth possibilities

In recent times, manufacturers of cooking hoods have started integrating advanced technologies such as the Internet of Things (IoT) that may deliver higher growth possibilities for the cooking hood industry during the forecast period. These products are likely to create huge demand among modern consumers who prefer advanced systems in their residential spaces. In November 2022, FOTILE, a leading household appliances producer, launched a brand new range of 36" appliances including two superior-grade and high-performance range hoods that operate with reduced noise and are equipped with Capture Shields for better absorption of all forms of cooking smoke and grease.

Rising adoption in restaurants and cafes to allow better revenue avenues

The restaurant business has gained momentum after witnessing drastic consequences during COVID-19. Multiple new restaurants have opened across the globe, some operating at a local scale while some are planning to open a retail chain. As the trend continues to grow, the demand for cooking hoods suitable for the needs of restaurant and food service businesses will surge as per reports.

Cooking Hood Market: Challenges

Availability of substitutes to range hood may create challenges

The global cooking hood market players are expected to face tough competition from providers of alternate solutions to cooking hoods. Some substitutes are less expensive than range systems while some may cost the same but offer better performance. For instance, wall-mounted fans are a common installation in several households in emerging economies. They may have certain disadvantages but meet the pricing criteria of the consumers. Another example is the growing sale of ceiling-mounted air purifiers for modern homes. In addition to this, installing cooking hoods in older homes and residential settings may be difficult since a lot of construction work will have to be conducted to make space for cooking hoods.

Cooking Hood Market: Segmentation

The global cooking hood market is segmented based on product, decibel, application, suction power, and region.

Based on product, the global market segments are under cabinet type hoods, ceiling-mounted hoods, wall-mounted hoods, and others. The highest growth was observed in the under-cabinet type hoods segment, in 2022, driven by the easy installation process and higher affordability. These variants are compatible with almost all types of kitchen designs and hence have better applications. Installing a range hood may cost anything between USD 175 to USD 3150 as per a recent survey by Forbes. The final cost depends on the hood variant and installation procedure.

Based on decibel, the cooking hood industry is divided into more than 60 decibels, 40-60 decibels, and less than 40 decibels.

Based on application, the global cooking hood market is divided into commercial and residential. In 2022, the most dominant segment was commercial due to the extensive use of cooking hoods in commercial settings such as restaurants, cafes, and hotels. These units have to adhere to certain hygiene and safety standards. As a result, cooking hoods become an integral part of the kitchen setting since multiple types of cuisines are cooked every day and food service providers must ensure a pleasant experience for their customers. Additionally, they cannot use low-grade cooking hoods that make noise making them one of the highest investors in the cooking hoods industry. A recent survey indicated that the US registers almost 50,000 new restaurants every year.

Based on suction power, the cooking hood industry is divided into more than 1200 m3/h, 800-1200 m3/h, and less than 800 m3/h.

Cooking Hood Market: Report Scope

Report Attributes Report Details
Report Name Cooking Hood Market
Market Size in 2022 USD 11.81 Billion
Market Forecast in 2030 USD 18.70 Billion
Growth Rate CAGR of 4.99%
Number of Pages 23
Key Companies Covered KitchenAid, Broan-NuTone, Miele, Faber, Bosch, Zephyr, Elica, GE Appliances, Electrolux, Thermador, Cavaliere, Samsung, Vent-A-Hood, Falmec, Best Range Hoods., and others.
Segments Covered By Product, By Decibel, By Application, By Suction Power, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Cooking Hood Market: Regional Analysis

North America to lead with the highest growth rate during the forecast period

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. New residential homes are typically sold with certain equipment such as refrigerators and cooking tops thus impacting the sale of range hoods. Moreover, these regions have quickly adopted new and advanced technology to produce novel cooking hoods that meet the changing consumer demands. At the beginning of 2023, FOTILE unveiled its latest range of innovative kitchenware at the Kitchen & Bath Industry Show (KBIS) that was held in Las Vegas. The new range included a 42-inch island range hood that opens at a 55-degree angle and is equipped with the Auto Turbo System ensuring efficient and consistent ventilation. The extensive range also included several other options to choose from. The high standard of living and disposable income along with stringent policies regulating home and environment safety are expected to drive regional growth.

Cooking Hood Market: Competitive Analysis

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
  • Best Range Hoods.

The global cooking hood market is segmented as follows:

By Product

  • Under Cabinet Type Hoods
  • Ceiling Mounted Hoods
  • Wall Mounted Hoods
  • Others

By Decibel

  • More than 60 Decibels
  • 40-60 Decibels
  • Less than 40 Decibels

By Application

  • Commercial
  • Residential

By Suction Power

  • More than 1200 m3/h
  • 800-1200 m3/h
  • Less than 800 m3/h

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

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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