Latin America Range Hood Market Size

Latin America Range Hood Market Size

The Latin America range hood market size was valued at USD 394 million in 2023 and is estimated to grow at a CAGR of over 5.9% from 2024 and 2032. Urbanization and housing development are key drivers in the market. As urban migration increases due to employment and lifestyle opportunities, demand for housing, especially multifamily units and compact living spaces, has risen. This trend coincides with growing interest in modern kitchens, where range hoods are becoming crucial for maintaining indoor air quality and improving cooking experiences. Homeowners and builders are increasingly prioritizing kitchen ventilation solutions that combine contemporary design with functionality.

Additionally, the trend of home renovations in urban areas is also boosting range hood demand. Homeowners are investing in upgrades to enhance their living spaces, focusing on efficient kitchen appliances. Increasing health consciousness among Latin American consumers is driving demand for improved indoor air quality, which range hoods provide by removing smoke, odors, and airborne particles. Consequently, both new construction and renovation projects are incorporating advanced range hood systems to meet consumer expectations for modern and healthier living environments.