Saudi Arabia Kitchen Hoods Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 540.41 Million |
Market Size (2029) | USD 675.61 Million |
CAGR (2024 - 2029) | 4.57 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Kitchen Hoods Market Analysis
The Saudi Arabia Kitchen Hoods Market size is estimated at USD 540.41 million in 2024, and is expected to reach USD 675.61 million by 2029, growing at a CAGR of 4.57% during the forecast period (2024-2029).
In Saudi Arabia, the kitchen hoods market is experiencing consistent growth propelled by factors such as rising urbanization, expanding disposable income, and heightened awareness regarding the significance of effective home ventilation. In general, the market of kitchen hoods in Saudi Arabia is expected to continue to grow in the years to come due to the growing demand for new home and renovation projects and the changing lifestyle towards healthier and sustainable living.
Changing consumer lifestyles, increasing awareness of health and hygiene, and preferences for modern kitchen designs influence the demand for kitchen hoods with advanced features such as efficient filtration, noise reduction, and sleek designs. Manufacturers that provide high-tech and eco-friendly products gain an advantage in the market. In Saudi Arabia, the kitchen hood market is highly competitive, with domestic and foreign manufacturers competing for market share. Cultural preferences, cooking habits, and social trends shape the demand for kitchen hoods in Saudi Arabia. Traditional cooking methods, as well as preferences for certain cuisines, may influence the design and functionality of kitchen ventilation solutions.
Overall, the kitchen hood market in Saudi Arabia is driven by a combination of construction activity, regulatory requirements, consumer preferences, technological innovation, economic conditions, competition, and cultural factors.
Saudi Arabia Kitchen Hoods Market Trends
Increasing Demand for Modular Kitchen is Driving the Market Growth
- Modular kitchen designs have been popular in Saudi Arabia for quite some time. Modular kitchens' convenience and seamless experience are the main reasons for their growing popularity.
- Although modular kitchens are a foreign idea, they are unquestionably one of the advantages of adopting Western techniques. Traditional Saudi Arabian kitchens have served us well, but as times change, development becomes a free add-on that is necessary for progress.
- The rise of modular kitchens and customer demand for convenient kitchen appliances are driving the market for kitchen range hoods. Over the years, Indian kitchens have evolved.
- As disposable income has increased and demand for convenience goods has increased, carpenter-built kitchens have been supplanted with modular kitchens. Because they may be tailored to clients' needs, these cabinets are sometimes known as "ready-to-install" cabinets. As a result, kitchen hoods have become more popular and have moved more quickly onto the market.
Kitchen Hood Innovations are Driving Market Growth
- Manufacturers of kitchen hoods are introducing additional features into their products to keep up with technological advancements.
- Hafele, a German manufacturer, unveiled the TERESA i90 Plus, India's first intelligent filter-less range hood, in the Indian kitchen hood market. It has twice the filtering capacity of traditional filter hoods. A sensitive air quality sensor is included in the device, which detects and eliminates smoke and other dangerous, volatile organic compounds (VOCs) from the kitchen air.
Saudi Arabia Kitchen Hoods Industry Overview
The market studied is moderately consolidated in nature. The report covers major players operating in the Saudi Arabia kitchen Hoods market. Several international players are performing, and a growing number of smaller players at the regional level are offering moderate-quality products at an affordable range of prices. Several manufacturers are focusing on ways to grab more customer attention by offering technologically advanced and qualitative products. The market was dominated by a few key players, including LG, Samsung, Whirlpool, and Bosch, but there were also many smaller players competing for market share.
Saudi Arabia Kitchen Hoods Market Leaders
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LG
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Samsung
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Panasonic
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Whirlpool
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Toshiba
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Kitchen Hoods Market News
- In February 2024, LG and its Saudi Arabian distributor, the Shaker Group, are investigating the potential for manufacturing AC compressors within the Kingdom. Both entities have signed an MoU with the Saudi Arabian Ministry of Investment to collaboratively conduct a feasibility study on local manufacturing.
- In January 2023, Whirlpool merged its European operations with a new company led by Turkish competitor Arcelik, aiming to lessen its involvement in a market with uncertain profit margins, following a strategic review initiated in April 2022 focusing on higher-margin ventures in Europe, the Middle East, and Africa.
Saudi Arabia Kitchen Hoods Market 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
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Insights of Technology Innovations in the Market
4.6 Industry Attractiveness': Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 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 Others Products
5.2 By End-User
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Offline
5.3.2 Online
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 LG
6.2.2 Toshiba
6.2.3 Samsung
6.2.4 Panasonic
6.2.5 Whirlpool
6.2.6 Electrolux
6.2.7 Haier
6.2.8 Bosch
6.2.9 Candy
6.2.10 LaGermania
6.2.11 Ariston
6.2.12 Midea
6.2.13 SMEG*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Saudi Arabia Kitchen Hoods 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.
The Saudi Arabia kitchen hoods market is segmented by product, by end-user, and by distribution channel. By product, the market is sub-segmented into wall mount, ceiling mount/ island, under cabinet, and other products. By end-user, the market is sub-segmented into residential and commercial, and by distribution channel, the market is sub-segmented into offline and online.
The report offers market size and forecasts for the Saudi Arabia kitchen hoods market in value (USD) for all the above segments.
By Product | |
Wall Mount | |
Ceiling Mount/Island | |
Under Cabinet | |
Others Products |
By End-User | |
Residential | |
Commercial |
By Distribution Channel | |
Offline | |
Online |
Saudi Arabia Kitchen Hoods Market Research FAQs
How big is the Saudi Arabia Kitchen Hoods Market?
The Saudi Arabia Kitchen Hoods Market size is expected to reach USD 540.41 million in 2024 and grow at a CAGR of 4.57% to reach USD 675.61 million by 2029.
What is the current Saudi Arabia Kitchen Hoods Market size?
In 2024, the Saudi Arabia Kitchen Hoods Market size is expected to reach USD 540.41 million.
Who are the key players in Saudi Arabia Kitchen Hoods Market?
LG, Samsung, Panasonic, Whirlpool and Toshiba are the major companies operating in the Saudi Arabia Kitchen Hoods Market.
What years does this Saudi Arabia Kitchen Hoods Market cover, and what was the market size in 2023?
In 2023, the Saudi Arabia Kitchen Hoods Market size was estimated at USD 515.71 million. The report covers the Saudi Arabia Kitchen Hoods Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Kitchen Hoods Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Saudi Arabia Kitchen Hoods Industry Report
Statistics for the 2024 Saudi Arabia Kitchen Hoods market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Kitchen Hoods 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.