The Asia Pacific Kitchen Chimney Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030).
Modern technology significantly impacts how humans conduct themselves and how they continually adapt to it. The growing public awareness of the advantages of time-saving multi-functional devices has aided the widespread use of such goods in households. These products satisfy customer tastes and make their lifestyles and activities more accessible and more convenient, which has increased consumer spending on kitchen chimneys.
House renovation projects are increasing, smart homes are becoming more common, and wireless and IT are advancing swiftly. These are a few of the factors that influence product demand. The increasing number of home remodeling projects in Western countries enables several smart residential applications. These elements are anticipated to support the key drivers promoting market expansion.
The chimney's primary and essential function is to draw in the smoke and fumes from cooking. This stops the smoke from escaping into the living room and choking around. This is a primary characteristic of both an affordable and sophisticated kitchen chimney. The charcoal filters clean the stale air that enters the chimney, and the cleaned air goes back into the kitchen. A smart move for a wise household. The kitchen chimney diminishes cooking heat.
India’s tourism and hospitality industry has grown to be one of the key drivers behind developing the nation’s services economy as one of the most popular travel destinations in the world. With India being a youthful nation with a tech-savvy consumer base, a high level of disposable income, and little time to cook at home, the restaurant sector is growing quickly. Food enterprises are being pushed internationally to increase tourism. This would support the expansion of commercial kitchens, offering the growth prospects to regional market.
The China market dominated the Asia Pacific Kitchen Chimney Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.1 Billion by 2030. The Japan market is estimated to grow at a CAGR of 5.1% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 6.4% during (2023 - 2030).
Based on Duct Type, the market is segmented into Ducted and Ductless. Based on Product Type, the market is segmented into Wall-mounted Chimney, Built-In Chimney, Island Chimney, Corner Chimney and Others. Based on Application, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Kitchen Chimney Market is Projected to reach USD 24.6 Billion by 2030, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Elica S.p.A. (FAN S.A.), Faber S.p.A. (Franke Holding AG), Samsung Electronics Co., Ltd. (Samsung Group), Whirlpool Corporation, Panasonic Holdings Corporation, LG Electronics, Inc. (LG Corporation), Vent-A-Hood Co., LTD, Robert Bosch GmbH (BSH Home Appliances Corporation), Viking Range LLC (The Middleby Corporation), Miele & Cie. KG
By Duct Type
By Product Type
By Application
By Distribution Channel
By Country
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