Huge penetration of modular kitchens with the increase in home remodeling is augmenting the growth. With the enlargement of real estate and commercial construction, the market is bound to evidence a huge demand for range hoods in these segments. According to the study, U.S. Housing Market’s combined value hit USD 35 trillion. The increasing infrastructural growth and new building allow in the region, are anticipated to augment the market growth.
Technological advancements in appliances of the kitchen, along with the growing usage of IoT in kitchen hood devices, are anticipated to be the key elements augmenting the growth. The Americas Range Hood Market was valued at USD 5 billion. It is anticipated to enlarge at a CAGR of +4% from 2021 to 2028.
The under-cabinet product fragment held a huge revenue share of more than 45 percent. This huge share is imputed to the fact that the under-cabinet range hood mounts straight beneath an over-the-range cabinet and combines into the design flow of the cabinets above and around the cooktop. Careful measurement of present dimensions in the under-cabinet area is dominantly when selecting an under-cabinet range vent.
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- Whirlpool Corporation
- Broan-NuTone, LLC
- GE Appliances, a Haier Company
- Robert Bosch GmbH
- Haube Range Hood Co.
- KOBE Range Hoods
- Victory Range Hoods
- Proline Range Hoods
- Faber US and Canada
- Vent-A-Hood® Ltd.
Furthermore, ceiling mount products have obtained huge penetration in the buyers. The increasing trend of kitchen remodeling in the country is anticipated to augment the demand for trendy ceiling-mounted range hoods. According to a report a huge number of people in the U.S. choose for kitchen renovation with a market value of USD 55 billion. The growing popularity of kitchen renovation is anticipated to have a positive prevalence on this range hood product owing to the higher presence of products of this category.
The U.S. made a huge contribution with an income share of 50 percent. Continuous enlargement of the residential sector on record of the increasing number of households, matched with key home better projects undertaken by buyers in the country, is augmenting the demand for range hoods. According to the study, 85 percent of the remodelers in the U.S. positioned kitchen renovation as their top job. Buyers are likely to invest in huge-end kitchen appliances that ancillary their kitchen décor.
Canada is anticipated to record a rapid CAGR of +4% from 2021 to 2028. Constant growth in the number of foodservice joints and residential construction activities is the important element propelling the demand for range hoods. As per Statistics Canada, there were about 95000 eateries that served an average of 25 million buyers every day.
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- Under Cabinet
- Wall Mounted
- Ceiling Mount
Distribution Channel Outlook
- Kitchen Stops
- Supermarkets & Hypermarkets
- Specialty Stores
- Local Kitchenware Shops
Detailed TOC of Americas Range Hood Market Market Research Report-
– Americas Range Hood Market Introduction and Market Overview
– Americas Range Hood Market Market, by Application
– Americas Range Hood Market Industry Chain Analysis
– Americas Range Hood Market Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– Americas Range Hood Market Market Status and SWOT Analysis by Regions
– Major Region of Americas Range Hood Market Market
i) Americas Range Hood Market Sales
ii) Americas Range Hood Market Revenue & market share
– Major Companies List
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