Wall Mount Segment to Lead India Kitchen Hoods Market, which is Pegged to Witness 15% CAGR through 2023
Growing awareness about harmful
effects of indoor pollution along with rising inclination towards modular
kitchen set-ups to drive India kitchen hoods market through 2023
According
to TechSci Research report, ‘India Kitchen Hoods Market By Type, By Suction Power,
By Noise Level, Competition Forecast & Opportunities, 2013 – 2023’, India kitchen hoods market is forecast
to register a CAGR of over 15% until 2023. Demand for kitchen hoods is
expected to grow in the country on account of rising awareness among people
about the harmful effects of indoor pollution due to cooking coupled with increasing
demand for convenient and technologically advanced cooking appliances. Moreover,
rising household disposable income and increasing westernization of consumer
preferences is further pushing demand for modern homes and modular kitchens
that are equipped with latest and smart kitchen appliances. Furthermore, rising
number of smaller houses that have confined kitchen spaces is also pushing
people to opt for modular kitchen set-ups. With around two-thirds of India’s
population residing in rural areas, majority of rural households and several urban
households use biomass for cooking, which results in indoor pollution and
increases the risk of respiratory and pulmonary diseases. Thus, with increasing
awareness about harmful effects of indoor pollution, demand for kitchen hoods
that help eliminate pollutants and odor, is expected to increase over the
coming years across the country.
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through 86 Pages and an in-depth TOC on "India Kitchen Hoods Market"
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In
2017, wall mount kitchen hood segment accounted for more than three-fourths of
the country’s kitchen hoods market and the segment is expected to maintain its
dominance during forecast period as well, on the back of various benefits associated
with them such as easy installation, provision of enough room for ventilation,
etc. Among different suction power categories, kitchen hoods with suction power
of 800 – 1200 m3/h lead the market. A large demand for kitchen hoods emanates
from South India. However, in the coming years, North India is likely to
exhibit the highest growth in India kitchen hoods market owing to increasing
infrastructure development in major cities of the region. Franke Faber India Ltd., Kaff Appliances
India Pvt. Ltd., Elica PB India Private Limited, HSIL Ltd., and Glen Appliances
Pvt. Ltd. are few of the major players operating in India kitchen hoods market.
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“Demand for kitchen hoods is
witnessing a steady growth in India owing to rising trend of modular kitchens, growing
awareness about adverse effects of indoor pollution and increasing knowledge
regarding the benefits of smart home appliances. Moreover, market
players are continuously upgrading and innovating their products to cater to
the growing demand, which is further expected to drive India kitchen hoods
market in the years to come. Additionally, the advent of e-commerce industry
has created new routes for manufacturers/distributors to reach their consumers
and expand their customer base, which would positively influence India kitchen
hoods market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“India
Kitchen
Hoods Market By Type, By Suction Power, By Noise Level,
Competition Forecast & Opportunities, 2013 – 2023”
has evaluated the future growth potential of kitchen hoods in India and provides statistics and information on market
structure, size, share and trends. The report is intended to provide
cutting-edge market intelligence and help decision makers take sound investment
decision. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities present in India kitchen
hoods market.
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