Range Hood Market Size - By Product, By Application, By Distribution Channel & Forecast, 2024 – 2032

Range Hood Market Size

The global range hood market was valued at USD 19.9 billion in 2023 and is estimated to grow at a CAGR of 6.4% during the forecast period. The quick service restaurant and food sector is growing quickly because people are spending more on eating out.
 

The National Restaurant Association (NRA) reported that food and beverage sales in the restaurant and foodservice industry were expected to reach USD 789 billion in 2021, a 19.7% increase from 2020. Range hoods are used in restaurants and food joints to remove harmful pollutants and gases from kitchens and to prevent bacteria, germs, and mold. Restaurant operators are investing in modern technology, increasing the use of cooking hoods in commercial kitchens.
 

Additionally, the rising demand for energy-efficient kitchen appliances is propelling the progression of the industry. With heightened environmental awareness, consumers are gravitating towards appliances that curtail energy use and lessen their carbon footprint. Traditionally, range hoods have played a pivotal role in ensuring indoor air quality and eliminating cooking odors. Now, they are being innovatively designed with energy-efficient features to resonate with this growing trend. In response, manufacturers are rolling out state-of-the-art range hoods, integrating features like LED lighting, variable speed motors, and smart technology to maximize energy efficiency.
 

High initial costs are limiting the use of range hood systems in homes and businesses. Installing these systems in existing kitchens is often difficult and expensive due to the need for reconstruction. These systems come in various sizes and features. Restaurants and hotels use models with strong suction capabilities. The price of range hoods depends on factors like the Cubic Feet Per Minute (CFM) rating, special features, and the mode of operation. Higher CFM ratings make them more expensive. Homeowners usually spend between USD 500 and USD 1,000 on a range hood. Installing a new ductless under-cabinet hood or replacing a vented hood costs about USD 714. Commercial systems are more expensive than residential ones because of their strong suction capabilities.
 

Range Hood Market Trends

Range hoods are increasingly incorporating smart technology, enabling features like Wi-Fi or Bluetooth connectivity and voice activation through smart home systems. These advanced range hoods can automatically adjust their suction power based on cooking conditions, boosting both convenience and energy efficiency. With consumers becoming more energy-conscious, there's a marked preference for energy-efficient appliances. In response, manufacturers are prioritizing the development of range hoods that align with stringent energy efficiency benchmarks, notably those certified by ENERGY STAR. Such eco-friendly choices not only curtail utility expenses but also lessen environmental footprints.
 

As kitchens take center stage in home design, there's a heightened demand for quieter range hoods. In response, manufacturers are rolling out models equipped with cutting-edge noise reduction technologies, especially catering to those with open-plan kitchen designs. Aesthetic considerations are paramount, with consumers seeking stylish range hoods that seamlessly blend with contemporary kitchen aesthetics. Demand is surging for bespoke finishes, premium materials like glass and stainless steel, and a spectrum of color choices. Furthermore, the rising trend of minimalistic and integrated kitchen designs is fueling the popularity of sleek, under-cabinet, and ceiling-mounted hoods.
 

Range Hood Market Analysis

Based on the product type the market is segmented into under cabinet, wall mount, ceiling mount, others. The wall mount segment holds the maximum share in the market and dominates the market with a revenue of around 8.7 billion in 2023 and is anticipated to grow with a CAGR of 6.6% during the forecast period.
 

Wall mount hoods are versatile and effective in various kitchen setups. Installed against the kitchen wall, these hoods capture and remove cooking odors, smoke, and grease efficiently. They come in different styles and sizes to fit various kitchen designs. Their popularity is due to their easy installation and compatibility with both traditional and modern kitchens. Trends driving this business include the growing demand for open kitchen layouts and the increasing focus on indoor air quality.
 

Based on the distribution channel of the range hood market is divided into direct selling, e-commerce, and others. The direct selling segment accounts for the major share in the industry with around 40.1% of the total market share and is anticipated to grow at a CAGR of 6.4% over the forecasted years. Direct selling is an important way to distribute range hoods. It lets manufacturers connect directly with customers. This method improves customer engagement by offering personalized service, where customers get tailored advice and detailed product information. Manufacturers use direct sales channels like showrooms and in-home consultations to build brand loyalty. Customers can see and try the products before buying them. A driving trend is the increasing demand for personalized shopping experiences.
 

Asia Pacific held a market share of around 50.7% in 2023 and is expected to grow at a CAGR of 6.6% during the estimated period. In the Asia-Pacific region, rapid urbanization and higher disposable incomes are driving investments in high-quality kitchen appliances, including range hoods. Many people prefer compact and multifunctional designs to fit smaller living spaces. Increased awareness of indoor air quality is boosting demand for advanced filtration systems that remove pollutants and improve ventilation. Smart technology is also becoming more popular, with consumers looking for features that make their lives easier.
 

North America: In terms of country, the U.S. dominated the range hood market with a share of around 85.6% of the total market share in North America in 2023 and is expected to grow at a CAGR of 6.4% in the forecasted timeframe. According to the U.S. Department of Energy, the demand for energy-efficient appliances, including range hoods, has increased by 15% over the past year. The pandemic has led to a heightened interest in home cooking, prompting consumers to invest in kitchen upgrades like range hoods.
 

For instance, as per Statista, in 2023/2024, the United States saw a trend in kitchen appliance upgrades. A survey indicated that 62% of respondents, either having replaced or planning to acquire a new range hood during renovations, chose to upgrade their refrigerator/freezer or dishwasher. This trend is driven by a focus on both functionality and aesthetics. Increased awareness of indoor air quality and the health risks associated with cooking emissions has further fueled demand for effective ventilation solutions. These solutions help eliminate smoke, odors, and airborne pollutants.
 

Europe: The European range hood market is expected to grow at a CAGR of 6.2% over the forecast period. German consumers prioritize quality and energy efficiency in their home appliances. This focus on sustainability has led to a surge in popularity for energy-efficient and eco-friendly range hoods. Brands that emphasize low energy consumption alongside high-performance filtration systems have seen notable success. Renowned for its engineering prowess, Germany extends this reputation to its kitchen appliance production, particularly range hoods.
 

Leading German manufacturers are celebrated for their innovative, durable, and high-quality range hoods, catering to both domestic and international markets. German consumers' preference for premium appliances that marry functionality with style is propelling the market for high-end, customizable range hoods.
 

Asia Pacific: China dominated the range hood market in the Asia Pacific region with a market share of around USD 63.1% in 2023 and is anticipated to grow at a CAGR of 6.8% during the forecast period. Chinese manufacturers are heavily investing in research and development, leading to the production of range hoods equipped with advanced features like smart technology, enhanced filtration systems, and quieter operations. These innovations have enabled Chinese firms to secure a substantial market share, especially as consumers lean towards high-tech kitchen solutions.
 

As urbanization accelerates in China, the appetite for modern kitchen appliances, especially range hoods, has surged. With urban migration and a shift towards contemporary living standards, there's an escalating demand for sophisticated kitchen tools. Notably, the burgeoning middle class is fueling a preference for premium products that seamlessly blend technology with aesthetics.
 

Range Hood Market Share

The market is fragmented, with several regional companies operating on a global scale. Together these companies hold a market share of 5%-10% of the total market. Companies in the industry are investing heavily in R&D to launch new products. They are using energy-efficient LED lighting, digital display controls, perimeter suction filters, and low-power electronics to cut down on energy use. An advanced digital display control panel on the range hood adds new features, with high-quality buttons and an LED panel to show these functions. Companies like Broan, Inc., Air King America, LLC, and Electrolux are following the ENERGY STAR label, which helps them save a lot of electricity. They are also developing better motors and blowers to reduce power use and noise, making the products more comfortable for customers and boosting the business.
 

Range Hood Market Companies

Major players operating in the industry are:

• Asko Appliances
• BSH
• Captive-Aire Systems
• Elica
• Empava Appliances
• Faber
• Falmec
• Fotile
• GE Appliances
• Kitchen Aid
• Kobe Range Hoods
• Pacific Range Hood
• Panasonic
• Samsung Electronics
• Viking Range
• Windster Hoods
   

Range Hood Industry News

• In 2023, Faber S.p.A., an Italian range hood specialist, launched its innovative "Zero Impact" series. This new line addresses rising environmental concerns and stricter energy regulations in the appliance market. The Zero Impact hoods feature a closed-loop air purification system, eliminating the need for external venting.
   
• In 2023, Captive-Aire Systems, Inc., a leading manufacturer of commercial kitchen ventilation systems, expanded its product line to include a new series of energy-efficient range hoods for residential use. This move marked the company's significant push into the residential market, leveraging their expertise in commercial ventilation. The new range hoods featured advanced filtration technology, quieter operation, and smart controls compatible with home automation systems.
   

The range hood market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and Volume (Thousand Units) from 2021 to 2032, for the following segments:

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Market, By Product

• Under Cabinet
• Wall Mount
• Ceiling Mount
• Others

Market, By Application

• Residential
• Commercial
  • Restaurant
  • Hotel
  • Cafe

Market, By Distribution Channel

• Direct Selling
• E-Commerce
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • Saudi Arabia
  • UAE
  • South Africa