Global Cooking Hood Market By Product Type (Wall Mounted Hoods, Ceiling Mounted Hoods, Under Cabinet Type Hoods, Down Draft, Insert, Island, Over the Range, Others), Structure (Convertible, Ducted, Ductless), Suction Power (Less than 800 m3/h, 800-1200 m3/h, More than 1200 m3/h),
Market Analysis: Global Cooking Hood Market
Global cooking hood market is expected to register a substantial CAGR of 6.95% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the changes in the lifestyles of individuals resulting in greater adoption of the product along with the innovative product launches presented by the various manufacturers in the market.
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Market Definition: Global Cooking Hood Market
Cooking hood can be defined as home appliances that are fitted over a cooking area consisting of an exhaust fan. The main purpose of these appliances is the removal of grease, oil, fumes, heat, and other combustion accompaniments by extracting the air and filtering it. The various fumes that are a result of cooking are replaced by fresh air which is consistently being replaced with the operation of the cooking hood. There are majorly two varieties of the cooking hood operations wherein the air is either filtered and reinserted into the environment or is extracted and pushed out in the exterior environment with the help of ducting.
Market Driver:
• Growing demand for smart home appliances equipped with wireless connectivity and advanced technological features, sensors to ensure effective performance is expected to drive the growth of the market growth
• Presence of compliances laid out by authorities to ensure clean and hygienic cooking conditions in commercial restaurants & hotels is expected to augment growth of the market
• Surge in the adoption of e-commerce sales channels globally is also expected to positively affect the growth of the market
• Increasing awareness regarding the benefits of keeping the cooking environment clean and hygienic is also expected to foster growth of the market
Market Restraint:
• Concerns regarding the large costs of maintenance of the product is expected to restrict the adoption rate
• Presence of various substitute alternatives is also expected to restrict the growth of the market
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Segmentation: Global Cooking Hood Market
By Product Type
• Wall Mounted Hoods
• Ceiling Mounted Hoods
• Under Cabinet Type Hoods
• Down Draft
• Insert
• Island
• Over the Range
• Others
By Structure
• Convertible
• Ducted
• Ductless
By Suction Power
• Less than 800 m3/h
• 800-1200 m3/h
• More than 1200 m3/h
By Decibel
• Less than 40 Decibels
• 40-60 Decibels
• More than 60 Decibels
By Application
• Residential
• Commercial
By Distribution Channel
• Online
• Offline
o Specialty Stores
o Mega-Retail Stores
o Departmental Stores

Competitive Analysis:
Global cooking hood market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cooking hood market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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