GCC Kitchen Hood Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR (2024 - 2029) | > 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
GCC Kitchen Hood Market Analysis
The GCC Kitchen Hood Market is expected to register a CAGR of greater than 3% during the forecast period(2024-2029).
The GCC Kitchen Hood market will continue to grow due to increased building, utilities, development, and infrastructure projects. The market is optimistic about the growing infrastructure and construction in urban regions. Because of the expanding population and the influx of foreign people, countries like Saudi Arabia and the United Arab Emirates are developing their cities.
GCC countries are also reforming the market by diversifying their economies and attracting foreign direct investment. Strong demand for residential units is projected to boost market building and fuel demand for modular kitchens, which in turn would fuel demand for kitchen hoods. Because more people are leading a busy and sedentary lifestyle, they want energy-saving and time-saving alternatives, such as modular kitchens.
COVID-19 pandemic stifled the demand for kitchen hoods in the Gulf Cooperation Council (GCC). To save costs, it has disrupted supply chains, caused a shortage of goods, and terminated contracts. Closing retail stores, supermarkets, and other businesses causes market constraints. On the other hand, the market has grown significantly due to online business and work-from-home policies.
GCC Kitchen Hood Market Trends
Increase in Building Construction in GCC
As families get smaller, they are opting for flats, which has increased by building construction around the country. As a result, real estate prices are rising, and the GCC market is experiencing overcapacity. Despite this, there is a growing demand for modular kitchens in residential properties to better use available space. As the demand for modular kitchens grows, so do kitchen hoods. Rapid economic development and a rise in building construction across the GCC, coupled with a growing population of ex-pats in the region, will demand modular kitchen designs in the GCC.
Vision 2030 of KSA and Sheikh Zayed Housing Programme (UAE) with plans to construct housing in the countries will positively affect the demand for the modular kitchen industry in the GCC.
Growing Urbanization Boosts The Demand For The Market
The urban population across the GCC countries is anticipated to display a significant adoption rate and substantial growth in kitchen hood market revenue. The kitchen hood market is expected to exhibit considerable growth in the coming years owing to the rise in disposable incomes and rapid urbanization that has led to enhanced consumer spending.
Apart from changing lifestyles and working styles, urbanization has led to growth in the organized retail sector. This, in turn, has led to a change in consumers' buying behavior. In particular, the decision-making process before buying something has been significantly affected. The rise in urbanization has also led to people having additional disposable income.
The market is anticipated to witness steady demand for kitchen hoods due to rising spending capacity and rapid urbanization in emerging regions. Consumers are progressively seeking value-added products that can enhance the home living experience and are affordable at the same time.
This has resulted in a rise in demand for kitchen hoods, including in the smart kitchen appliances in the GCC countries, which, in turn, have accelerated the growth of the kitchen appliances or home appliances industry.
GCC Kitchen Hood Industry Overview
The Kitchen hood market of the GCC is moderately fragmented, with competition from regional and international players. The players are innovating different designs and colors in the kitchens to suit the makers' style. The players are also investing in technology to stand out from the competition. Some leading players in the market are Ikea, Kitchen Line, Hackers Kitchen, Kitchen King, and Hafele, among others.
GCC Kitchen Hood Market Leaders
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Ikea
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Kitchen Line
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Hackers Kitchen
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Kitchen King
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Hafele
*Disclaimer: Major Players sorted in no particular order
GCC Kitchen Hood Market News
- June 2022: Fotile, a global leader in household appliances, partnered with trusted appliance retailer P.C. Richard & Son to bring its cutting-edge, health and wellness-oriented kitchen solutions to market for consumers in the Tri-State region.
- June 2022: Saudi Arabia’s leading importer, manufacturer, and distributor of Air Conditioners and Home Appliances has announced signing an MOU with Fox Spa di Renzo Bompani e C. (“Bompani”).
GCC Kitchen HoodMarket Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand for Improved Ventilation in GCC Countries
4.3 Market Restraints
4.3.1 High Installation and Maintenance Costs
4.4 Market Opportunities
4.4.1 Increasing Demand for Smart and Energy-Efficient Kitchen Appliances
4.4.2 Rise in Residential Construction in GCC Countries
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on Various Regulatory Landscape
4.8 Insights on impact of technology and innovation in the Market
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Wall Mount
5.1.2 Ceiling Mount/Island
5.1.3 Under Cabinet
5.1.4 Other Products
5.2 By Distribution Channel
5.2.1 Offline
5.2.2 Online
5.3 By End User
5.3.1 Residential
5.3.2 Commercial
5.4 By Country
5.4.1 UAE
5.4.2 Kingdom of Saudi Arabia
5.4.3 Oman
5.4.4 Kuwait
5.4.5 Bahrain
5.4.6 Qatar
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Inter Ikea Group
6.2.2 Kitchen Line
6.2.3 Kitchen King
6.2.4 Hafele
6.2.5 Sanipex Group
6.2.6 Hacker Kitchens
6.2.7 Better Life
6.2.8 LG
6.2.9 Electrolux
6.2.10 Bosch*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
GCC Kitchen Hood Industry Segmentation
A kitchen hood, exhaust hood, hood fan, extractor hood, or range hood is a device containing a mechanical fan that hangs above the stove or cooktop in the kitchen. It removes airborne grease, combustion products, fumes, smoke, heat, and steam from the air by evacuation of the air and filtration. A complete background analysis of the GCC kitchen hood market includes an assessment of the industry associations, the overall economy, and emerging market trends by segment. Significant changes in the market dynamics and market overview are also covered in the report.
The GCC Kitchen Hood Market is segmented by product (wall mount, ceiling mount/ island, under cabinet, and others), by distribution channel (offline and online), by end-user (residential, commercial), and by country (UAE, Kingdom of Saudi Arabia, Oman, Kuwait, Bahrain, Qatar).
The report offers market size and forecasts for the GCC kitchen hood market in terms of revenue (USD) for all the above segments.
| By Product | |
| Wall Mount | |
| Ceiling Mount/Island | |
| Under Cabinet | |
| Other Products |
| By Distribution Channel | |
| Offline | |
| Online |
| By End User | |
| Residential | |
| Commercial |
| By Country | |
| UAE | |
| Kingdom of Saudi Arabia | |
| Oman | |
| Kuwait | |
| Bahrain | |
| Qatar |
GCC Kitchen HoodMarket Research FAQs
What is the current GCC Kitchen Hood Market size?
The GCC Kitchen Hood Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in GCC Kitchen Hood Market?
Ikea, Kitchen Line , Hackers Kitchen, Kitchen King and Hafele are the major companies operating in the GCC Kitchen Hood Market.
What years does this GCC Kitchen Hood Market cover?
The report covers the GCC Kitchen Hood Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the GCC Kitchen Hood Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
GCC Kitchen HoodIndustry Report
Statistics for the 2024 GCC Kitchen Hood market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Kitchen Hood analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
