India $347.98 Mn Range Hoods (Wall Mounted, Ceiling/Island Mounted, Under Cabinet, Downdraft, Suspended, Recessed) Markets, Competition, Forecast & Opportunities


DUBLIN–(BUSINESS WIRE)–The “Indian Range Hood Market, By Product Type (Wall Mounted, Ceiling/Island Mounted, Under Cabinet & Others (Downdraft, Suspended, Built In, etc.)) By Wattage of aspiration, by The report “Distribution Channel, By Region, Competition Forecast & Opportunities, 2027” has been added to from ResearchAndMarkets.com offer.

The market value of Indian kitchen range hoods in 2021 was USD 193.75 million which is expected to increase with a CAGR of 10.57% during the forecast period, 2023-2027, to reach a market value of 347, USD 98 million by 2027F.

The growth of the market can be attributed to the growing consumer demand for construction and renovation towards modular kitchens. Rising demand for fireplaces and clear surroundings in the kitchen will further drive the growth of the Indian range hood market over the next five years.

Rising disposable income, rising purchasing power of the people, product innovation and technological improvements further support the growth of the Indian range hood market over the next five years. Growing number of market players along with constant research and development of innovative products to satisfy growing consumer demands further justify the growth of the Indian range hood market in the next five years.

Rising concerns over adequate ventilation in the kitchen are also contributing to the growth of the Indian range hood market, along with the demand for modular kitchens and aesthetic aspects for interior decoration.

The Indian range hood market is segmented by product type, suction power, distribution channel, competitive landscape and regional distribution. Based on product type, the market is further divided into wall mount, ceiling/island mount, under cabinet, and others like downdraft, pendant, recessed, etc.

Wall-mounted range hoods are expected to dominate the market segment over the next five years and hold the largest market revenue shares owing to the growing demand for modular kitchens. An increase in the construction and renovation of the modular kitchen further supports the growth of the Indian kitchen hood market over the next five years.

New market players are also actively entering the market in recent years and further enhancing the future growth of the market.

Goal of the study:

  • To analyze the market size of India Range Hood Market from 2017 to 2020

  • Estimate and forecast the market size of Indian Kitchen Hoods Market from 2021 to 2022 and the growth rate till 2027

  • Classify and forecast the Indian range hood market based on product type, suction power, distribution channel, competitive landscape and regional distribution

  • To identify the dominant region or segment in the Indian range hood market

  • Identify drivers and challenges of Indian range hood market

  • Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Indian range hood market

  • Identify and analyze the profile of key players operating in the Indian kitchen hood market

  • Identify the key sustainable strategies adopted by market players in the Indian range hood market

Competitive Landscape: Some of the Major Market Players of India Range Hood Market are

  • Franke Faber India Ltd

  • Kaff India Appliances Pvt. ltd.

  • Elica PB India Private Limited

  • Glen Appliances Pvt. ltd

  • Sunflame Enterprises Private Limited

  • HSIL Ltd.

  • BSH Home Appliances Manufacturing Pvt. ltd.

  • CATA Electrodomesticos India (P) Ltd.

  • Tuareg Marketing Pvt. ltd

  • Stovekraft Ltd.

Report Scope:

Years considered for this report:

  • Historical years: 2017-2020

  • Base year: 2021

  • Estimated year: 2022

  • Forecast period: 2023-2027

India Range Hood Market, By Product Type:

  • Wall mounting

  • Ceiling/island mounting

  • Under Cabinet

  • Others

Indian Range Hood Market, By Suction Power:

  • Less than or equal to 1200 m3/h

  • More than 1200 m3/h

Indian Range Hood Market, By Distribution Channel:

  • Contract/Institutional

  • Specialty stores

  • Multi-brand stores

  • In line

  • Others

Indian Range Hood Market, By Region:

For more information about this report visit https://www.researchandmarkets.com/r/2h78b5

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