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Asia Pacific Range Hood Market Size

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

Asia Pacific Range Hood Market Size

The Asia Pacific range hood market size was valued at USD 10.1 billion in 2023 and is estimated to grow at a CAGR of over 6.6% from 2024 to 2032. Urbanization and increased housing developments are driving growth in the market.

 

The rapid urbanization has increased population density in urban areas, leading to higher demand for residential housing. As cities expand, new housing projects are being developed to accommodate the growing population, increasing the need for modern kitchen appliances, including range hoods. This trend is particularly evident in countries like China and India, where urban populations are expected to continue growing, creating opportunities for appliance manufacturers.
 

Additionally, rapid urbanization in the Asia Pacific region, especially in China and India, is fueling demand for range hoods. As cities grow and housing developments increase, the need for modern kitchen appliances rises. This trend is particularly evident in new residential projects designed to accommodate growing urban populations. The popularity of open-plan kitchens in modern homes is also boosting range hood sales. These layouts require effective ventilation, making range hoods a crucial component. Consumers now seek appliances that both improve cooking experiences and enhance home aesthetics. Manufacturers are responding with a range of stylish and efficient hood designs tailored for urban living.
 

Government initiatives supporting housing infrastructure and urban development further drive range hood demand. Many residential projects and urban renewal programs now include provisions for modern kitchen facilities, emphasizing the need for efficient ventilation systems. This focus on improved living standards in urban areas continues to create opportunities for range hood manufacturers in the Asia Pacific market.

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.

Asia Pacific Range Hood Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 83
  • Countries covered: 5
  • Pages: 160
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