China Kitchen Hood Market Overview, 2027

China Kitchen Hood Market Overview, 2027

Bonafide Research 18-10-2022 50 Pages Figures : 8 Tables : 16
Region : Asia-Pacific Country : China Category : Consumer Goods & Services Appliances & Equipment

A range hood is a device that hangs above the stove or hob in the kitchen and contains a motorized fan. It uses air extraction and filtration to remove grease, combustion products, fumes, smoke, heat, and steam from the air. The main function of the hood is to improve the air quality in the kitchen. Hoods are used in the kitchen to prevent odors, oil, dust, and other impurities from entering the air. Dirty air is drawn in by a motor-driven fan and is either blown out or cleaned and recirculated. Major kitchen equipment such as hobs and hoods have become an essential part of everyday life. The main influences on consumer choices, especially in this country where people are adopting the Western culture, are improved lifestyles and increased purchasing power. Window ventilators are gaining popularity mainly in residential applications due to their low cost and ability to effectively remove odors, steam, and smoke from the kitchen, which is a challenge for market expansion. According to Bonafide Research, "China Kitchen Hood Market Overview, 2027," the kitchen hood market is expected to grow at a significant rate during the forecast period. Because they are smaller in size and thus easier to place in the kitchen, under-cabinet lighting leads the market with a significant share. Other factors such as cost and a simple ventilation system are also among the numerous reasons. Other range hoods, such as downdraft hoods and professional hoods, have seen a significant increase in market share during the forecast period due to their design, ease of use, innovation, and so on. The residential sector has a significant market share due to the higher disposable income of people, increasing urbanization, and increasing government initiatives to renovate aging urban residential buildings. The commercial sector is expected to increase its market share during the forecast period due to the increasing number of restaurant chains across the country. The offline channel has the highest market share due to people's mentality of wanting to see the product physically before buying it. The online channel is expected to grow at a significant rate during the forecast period due to increasing internet penetration across the country, convenience, time savings, etc. The availability of low-cost exhaust fan systems is hampering the growth of the range hood market. However, according to research, carbon monoxide concentrations in kitchens increase when the stove is operated without the hood on. So, people, these days know that their health takes priority over money. Manufacturers use several insulation layers, a sound-absorbing base, and filter system motors to reduce noise. This factor is also likely to contribute to the growth of the market. Consumers are installing advanced range hood systems in smart kitchens to improve the aesthetics and overall comfort of the home, creating opportunities for growth. Companies are deploying systems with integrated IoT technologies to improve overall home connectivity. The overall demand of urban families for this kitchen equipment has increased due to the increasing knowledge of current technologies and their willingness to pay for the convenience that makes tasks easier and improves the user experience. Covid 19 The range hood business has been little affected by the COVID-19 epidemic. During the first half of 2020, the market experienced a decline in sales due to shifts in consumer choice toward shopping necessities and financial uncertainty. But with markets reopening across the country and home remodelling initiatives on the rise, demand for range hoods is on the rise. Due to the COVID-19 epidemic, sales of hobs and extractor hoods have significantly decreased. Reduced consumer spending on these types of appliances during the pandemic due to issues such as job insecurity and lower purchasing power was one of the main reasons for the loss in sales. Along with closing their retail stores, major businesses in the kitchen equipment sector have either reduced or completely discontinued their production capacity. ? Considered in this report: • Geography: China • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • China Kitchen hood market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type: • Under-Cabinet • Wall Mounted • Ceiling Mount • Others (Downdraft, Range Hood Inserts, Professional Grade Range Hoods, Microwave) By Application: • Residential • Commercial By Sales Channel in the report: • Online • Offline The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Kitchen hood Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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