UAE Kitchen Hoods Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UAE Kitchen Hoods Market Analysis
The breakout of the novel coronavirus at the start of 2020 altered the market's fundamental dynamics. Product sales fell in the first months of 2020 due to temporary production halts in the manufacturing industry and a slowdown in the logistics sector. In addition, the restart of shipping operations and the relaunch of e-commerce websites resulted in a steady growth in UAE Kitchen Hoods Market.
In the UAE, the Dubai region accounted for the largest revenue share in the overall UAE kitchen Hood market share, followed by Abu Dhabi and Northern regions. Major construction projects across commercial and residential verticals, coupled with increasing health awareness among consumers are the key factors leading to the growth of the kitchen hood market.
UAE kitchen hood market is estimated to register sound revenues in the upcoming five years on the back of the rising hospitality sector. Increased hotels and restaurants set up especially in Dubai and Abu Dhabi where owners believe in investing in intelligent kitchen hood installation is capable of control over excess heat and smoke and is anticipated to boost the product demand in the foreseeable future. Additionally, rising disposable income indicates a high standard of living and is stimulating customers to afford smart kitchen hoods is estimated to leave a positive impact on the country and would benefit the UAE kitchen hood market in the coming years.
UAE Kitchen Hoods Market Trends
This section covers the major market trends shaping the UAE Kitchen Hoods Market according to our research experts:
Increase in Building Construction in UAE
As families get smaller, they are opting for flats, which has resulted in an increase in building construction around the country. As a result, real estate prices are rising, and the UAE market is experiencing overcapacity. Despite this, there is a growing demand for modular kitchens in residential properties in order to make better use of available space. As the demand for modular kitchens grows, so does the demand for kitchen hoods. Rapid economic development and a rise in the number of building construction across the UAE coupled with a growing population, of ex-pats in the region, will result in the demand for modular kitchen designs in the UAE.
Vision 2030 of KSA and Sheikh Zayed Housing Programme (UAE) with plans to construct housing in the countries is going to positively affect the demand for the modular kitchens industry in the UAE.
Growing Urbanization Boosts The Demand For The Market
The urban population across the UAE 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, coupled with 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 behaviour. 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 kitchens hood due to rising spending capacity and rapid urbanization in the emerging regions. Consumers are progressively seeking value-added products that can enhance the home living experience and are affordable at the same time.
UAE Kitchen Hoods Industry Overview
The UAE kitchen hood market is fragmented, and the leading market players are focusing on a strong distribution network to increase their market share. Some major players operating in the UAE kitchen hood market are BSH Home Appliances, Electrolux AB, CNA Group, Teka, Whirlpool Corporation, IKEA, and Candy. However, with technological advancements and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
UAE Kitchen Hoods Market Leaders
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BSH Home Appliances
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Whirlpool
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AB Electrolux
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CNA Group
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Candy
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IKEA
*Disclaimer: Major Players sorted in no particular order
UAE Kitchen Hoods Market News
- In September 2021, Al-Futtaim Ikea launched its new brand platform under the theme of 'Make your home a space that changes with you', featuring more than 400 new products.
- In July 2021, Arçelik A. and Hitachi Global Life Solutions, Inc. announced the formation of Arçelik Hitachi Home Appliances B.V., a new joint venture firm. Both companies will be able to extend their home appliance businesses globally as a result of this development.
UAE 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 INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Insights into Technological Advancements in the Industry
4.5 Insights on Various Regulatory Trends Shaping UAE Kitchen Hoods Market
4.6 Value Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Buyers
4.7.3 Bargaining Power of Suppliers
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Installation Type
5.1.1 Wall Mounted
5.1.2 Island Mounted
5.1.3 Under-Cabinet
5.2 By Applications
5.2.1 Residential
5.2.2 Commercial
5.3 By Fitting Type
5.3.1 Ducted/Extracting
5.3.2 Ductless/Recirculated
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Whirlpool
6.2.2 IKEA
6.2.3 AB Electrolux
6.2.4 BSH Home Appliances
6.2.5 Candy
6.2.6 CNA Group
6.2.7 Elba
6.2.8 Miele Appliances
6.2.9 Teka
6.2.10 Faber
6.2.11 Elica*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
9. APPENDIX
UAE Kitchen Hoods Industry Segmentation
A complete background analysis of the UAE kitchen hood market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report. The UAE kitchen hood market is segmented By Installation Type(Wall Mounted, Island Mounted, Under-Cabinet), By Application (Residential, Commercial), By Fitting Type (Ducted/Extracting, Ductless/Recirculated).
By Installation Type | |
Wall Mounted | |
Island Mounted | |
Under-Cabinet |
By Applications | |
Residential | |
Commercial |
By Fitting Type | |
Ducted/Extracting | |
Ductless/Recirculated |
UAE Kitchen Hoods Market Research FAQs
What is the current UAE Kitchen Hoods Market size?
The UAE Kitchen Hoods Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in UAE Kitchen Hoods Market?
BSH Home Appliances, Whirlpool, AB Electrolux, CNA Group, Candy and IKEA are the major companies operating in the UAE Kitchen Hoods Market.
What years does this UAE Kitchen Hoods Market cover?
The report covers the UAE Kitchen Hoods Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UAE Kitchen Hoods Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Kitchen Hoods Industry Report
Statistics for the 2024 UAE Kitchen Hoods market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Kitchen Hoods analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.