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Asia Pacific Range Hood Market Share

Report ID: GMI12230
Published Date: Nov 2024
Report Format: PDF

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Asia Pacific Range Hood Market Share

Asia Pacific’s market is fragmented, with prominent players holding a market share of 20%-25% of the total market share. These companies often have a wide range of products that cater to various customer preferences, from high-end designs to budget-friendly options, thereby appealing to a broader audience. Leading firms invest heavily in research and development, introducing innovative features that enhance performance and energy efficiency, which can further solidify their market position.

Asia Pacific Range Hood Market Companies

Major players operating in the Asia Pacific’s range hood industry include:

AB Electrolux
BSH Hausgeräte GmbH
Dacor, LLC
Faber S.p.A.
Gorenje, d.o.o.
Häfele GmbH & Co KG
Kohler Co.
LG Electronics Inc.
Miele & Cie. KG
Panasonic Holdings Corporation
Samsung Electronics Co., Ltd.
SMEG S.p.A.
Teka Industrial, S.A.
Vatti Corporation Limited
Whirlpool Corporation

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The Asia Pacific range hood industry was valued at USD 10.1 billion in 2023 and is estimated to grow at a 6.6% CAGR from 2024 to 2032, driven by urbanization and increased housing developments.

The wall mount segment generated around USD 5.5 billion in revenue in 2023 and is expected to grow at a 6.8% CAGR during the forecast period, as consumers prefer these models for their blend of style and function.

China's range hood market recorded approximately USD 10.1 billion in 2023 and is projected to grow at a 6.6% CAGR in the forecasted timeframe, fueled by urbanization and rising incomes.

Key players in the industry include AB Electrolux, BSH Hausgeräte GmbH, Dacor, LLC, Faber S.p.A., Gorenje, d.o.o., Häfele GmbH & Co KG, Kohler Co., LG Electronics Inc., Miele & Cie. KG, and Panasonic Holdings Corporation.