According to TechSci Research report, ‘India Kitchen Hoods MarketBy Type, By Suction Power, By Noise Level, Competition Forecast & Opportunities, 2013 –2023’, Indiakitchen 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 ofrising awareness among people about the harmful effects of indoor pollution due to cooking coupled withincreasingdemand for convenient and technologically advanced cooking appliances.Moreover, rising household disposable income and increasing westernization of consumer preferencesis 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 spacesis 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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Wall Mount Segment to Lead India Kitchen Hoods Market, which is Pegged to Witness 15% CAGR through 2023: TechSciResearch
“India Kitchen Hoods Market”
In 2017, wall mount kitchen hood segmentaccounted for more than three-fourths of the country’s kitchen hoods market andthe 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. Amongdifferent 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 Indiais 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 MarketBy Type, By Suction Power, By Noise Level, Competition Forecast & Opportunities, 2013 –2023” has evaluated the future growth potential of kitchen hoods in Indiaand 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 Indiakitchen hoods market.