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Latin America Range Hood Market Share
Latin America’s range hood industry is fragmented, with prominent players holding a market share of 25%-30% of the total market share. In the Latin America market, companies generally recognize the growing demand for stylish and efficient kitchen ventilation solutions driven by urbanization and increased consumer awareness about indoor air quality. Brands are focusing on innovation, integrating smart technologies into their products to enhance functionality and energy efficiency. Additionally, companies are investing in marketing strategies that emphasize the aesthetic appeal of their products, aligning with trends in home design and consumer preferences for modern appliances.
Latin America Range Hood Market Companies
Major players operating in the Latin America’s range hood industry include:
- Bertazzoni S.p.A.
- Broan-NuTone LLC
- Controladora Mabe, S.A. de C.V.
- Electrolux AB
- Fisher & Paykel Appliances Limited
- Frigidaire, a brand of Electrolux AB
- GE Appliances, a Haier company
- Kraus USA, Inc.
- LG Electronics Inc.
- Panasonic Holdings Corporation
- Robert Bosch GmbH
- Samsung Electronics Co., Ltd.
- Viking Range, LLC
- Whirlpool Corporation
- ZLINE Kitchen and Bath, LLC
How much is the residential segment of the range hood industry worth?
The residential segment held a 52.4% share of the total market in 2023 and is anticipated to grow at a 6% CAGR until 2032, driven by rapid urbanization, higher disposable incomes, and a shift towards modern kitchen designs.
How big is the Latin America range hood market?
The market size for range hood in Latin America reached USD 394 million in 2023 and is set to grow at a 5.9% CAGR from 2024 to 2032, driven by increasing urbanization and housing development.
How much is the Brazil range hood market worth?
The Brazil market was valued at approximately USD 180.3 million in 2023 and is expected to witness a 6.3% CAGR till 2032, fueled by the growing demand for efficient and stylish ventilation solutions in expanding cities.
Who are the major players in the Latin America range hood industry?
The key players in the industry include Bertazzoni S.p.A., Broan-NuTone LLC, Controladora Mabe, S.A. de C.V., Electrolux AB, Fisher & Paykel Appliances Limited, Frigidaire, GE Appliances, Kraus USA, Inc., LG Electronics Inc., Panasonic Holdings Corporation.