Press Release

India Kitchen Hood Market to Grow with a CAGR of 10.57% During the Forecast Period

Growing construction in India and rising disposable income will fuel the India kitchen hood market through 2027F.

According to TechSci Research report, India Kitchen Hood Market –Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F”, the India kitchen hood market is forecast to grow at an impressive CAGR of around 10.57% in the forecast period on account of rapidly surging demand from the kitchen appliances industry.

The market growth is stimulated by the increasing popularity of modular kitchens, rising disposable income of consumers, and the need for proper ventilation. The demand for kitchen hoods in the projected period is likely to register sustainable growth due to the increasing working population and preference for proper ventilation in the residential sectors.

Over the years, chimneys have been an important component of the kitchen in Indian households. With the rising awareness among customers, they seek "value options" that balance the characteristics of price, quality, convenience, consistency, and innovation. The demand for hoods is expected to increase in the forecast years.

Furthermore, the current tendency in India is for young couples to shift towards nuclear families, resulting in an increase in demand for kitchen hoods. The rise of the sector has been fueled by new technology, inventive design, added amenities such as air conditioning, air filtering, lighting, and improvements in after-sales services.

In terms of product type, the kitchen hoods market is segmented into Wall Mount, Ceiling Mould/Island, Under Cabinet and Others. Among which, the wall mount product type has dominated the market with a market share of around 44% in 2021 and will continue its dominance during the forecast period as consumers are shifting towards more attractive and modular kitchen hoods. However, kitchen hoods such as Downdraft, Built-in, etc., are the fastest growing because consumer preferences have shifted toward designer and modular kitchens.

During the COVID-19 pandemic, the sales of kitchen hoods went down because of the trade restrictions and halt in production across the country. On the other hand, e-commerce has seen significant growth during the period as companies were able to generate revenue from hoods through online channels, as companies started shifting towards online channels.

Browse over 21 market data Figures spread through 70 Pages and an in-depth TOC on "India Kitchen Hood Market"

https://www.techsciresearch.com/report/india-kitchen-hoods-market/3415.html

The India kitchen hood market is segmented based on the product type, suction power, distribution channel, and region. In terms of suction power, the India kitchen hoods market is segmented into Less than or equal to 1200 m3/h and more than 1200 m3/h. The distribution channel segment is divided into Contract/Institutional, Specialty Stores, Multi-branded Stores, Online and Others. Among which, the Contract/Institutional Channel has dominated the India kitchen hoods market, but online channels have gained popularity after the COVID-19 pandemic.

Key market players in the India kitchen hood market include:

·         Franke Faber India Ltd

·         Kaff Appliances India Pvt. Ltd.

·         Elica PB India Private Limited

·         Glen Appliances Pvt. Ltd

·         Sunflame Enterprises Private Limited

·         HSIL Ltd.

·         BSH Household Appliances Manufacturing Pvt. Ltd.

·         CATA Electrodomesticos India (P) Ltd.

·         Tuareg Marketing Pvt. Ltd

·         Stovekraft Ltd.

Since 1897, Franke Faber has been inventing and manufacturing kitchen products. The company offers patentable, user-friendly technology. In the kitchen hood market, they provide clean auto hoods that are gaining popularity. Kaff Appliances, one of the leading companies, offers chimney/cooker hoods, hobs, ovens, microwave ovens, induction hobs, etc.

In terms of region, the India kitchen hood market is segmented into North, South, West, and East. In 2021, a huge demand for kitchen hoods comes from South India. However, in the forecast years, North India is possible to show the increment with the highest growth because of the increasing infrastructure in the major cities.

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“Demand for kitchen hoods in India is growing steadily due to the growing trend of modular kitchens, growing awareness of indoor pollution's side effects, and increasing knowledge about the benefits of smart appliances. Additionally, market leaders are constantly upgrading their products to meet the growing demand that is expected to drive the Indian kitchen hood market over the next few years. Additionally, the emergence of the e-commerce industry will create new avenues for manufacturers/distributors to reach consumers and expand their customer base, which will positively impact the Indian kitchen hood 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 Product Type (Wall Mount, Ceiling Mount/Island, Under Cabinet and Others), By Suction Power (Less than or equal to 1200 m3/h and more than 1200 m3/h), By Distribution Channel (Contract/Institutional, Specialty Stores, Multi-brand stores, Online and Others) By Region (South, West, North and East), Competition, Forecast & Opportunities, 2017-2027F”, has evaluated the future growth potential of kitchen hoods in India and provides statistics and information on market structure, size, share and future growth. 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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