The residential cooker hoods market size is expected to grow by USD 598.20 mn and record a CAGR of 3% during 2020-2024.
This post-pandemic global residential cooker hoods market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this residential cooker hoods market analysis report, key drivers such as preference towards customizable kitchen have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Residential Cooker Hoods Market Size be in 2020?
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Who are the Key Vendors in the Residential Cooker Hoods Market?
The residential cooker hoods market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:
- AB Electrolux
- Elica Spa
- Gorenje Group
- Haier Smart Home Co. Ltd.
- Panasonic Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Systemair AB
- The Middleby Corp.
- Whirlpool Corp.
The residential cooker hoods market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This residential cooker hoods market report further entails segmentations by Technology (Ducting/extraction and Recycling/ductless), Geography (Europe, North America, APAC, South America, and MEA), and Product (chimney/wall-mounted cooker hoods, island cooker hoods, integrated cooker hoods, and downdraft cooker hoods). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
Which are the Key Regional Markets for Residential Cooker Hoods Market?
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The report offers an up-to-date analysis of the geographical composition of the market. Europe had the largest market share in the residential cooker hoods market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The growing demand for premium and innovative cooker hoods will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
32% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for residential cooker hoods market in the region. This report provides estimations of the contribution of all regions to the growth of the residential cooker hoods market size.
What are the Key Factors Covered in this Residential Cooker Hoods Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive residential cooker hoods market growth during the next five years
- Precise estimation of the residential cooker hoods market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the residential cooker hoods industry across Europe, North America, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of residential cooker hoods market vendors
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Residential Cooker Hoods Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
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Market growth 2020-2024 |
USD 598.20 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.01 |
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Regional analysis |
Europe, North America, APAC, South America, and MEA |
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Performing market contribution |
Europe at 32% |
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Key consumer countries |
US, China, Germany, India, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
AB Electrolux, Elica Spa, Gorenje Group, Haier Smart Home Co. Ltd., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Systemair AB, The Middleby Corp., and Whirlpool Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |