India $347.98 Mn Kitchen Hoods (Wall Mount, Ceiling Mount/Island, Under Cabinet, Downdraft, Hanging, Built-in) Markets, Competition, Forecast & Opportunities, 2027.
M2 PRESSWIRE-May 18, 2022-: India $347.98 Mn Kitchen Hoods (Wall Mount, Ceiling Mount/Island, Under Cabinet, Downdraft, Hanging, Built-in) Markets, Competition, Forecast & Opportunities, 2027
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RDATE:18052022
The "India Kitchen Hoods Market, By Product Type (Wall Mount, Ceiling Mount/Island, Under Cabinet and Others (Downdraft, Hanging, Built-in, etc.)) By Suction Power, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. The Indian Kitchen Hoods Market value in the year 2021, was USD193.75 million, which is anticipated to grow with a CAGR of 10.57% during the forecast period, 2023-2027, to achieve a market value of USD347.98 million by 2027F.
The market growth can be attributed to growing construction and remodeling demand by the consumers toward modular kitchens. Growing demands for chimneys and clear environment in the kitchen further drive the growth of the Indian Kitchen Hoods Market in the upcoming five years.
Rising disposable income, higher purchasing power among the population, product innovation, and technological improvements further supports the growth of the Indian Kitchen Hoods Market in the next five years. Growing number of the market players along with the consistent research and innovative product development to satisfy the growing demands of the consumers further substantiates the growth of the Indian Kitchen Hoods Market in the future five years.
Growing concerns toward proper ventilation in the kitchen also aid the growth of the Indian Kitchen Hoods Market, along with the demand for modular kitchen and aesthetic looks for the home decor.The Indian Kitchen Hoods Market is segmented by product type, suction power, distribution channel, competitional landscape and regional distribution. Based on product type, the market is further bifurcated into wall mount, ceiling mount/island, under cabinet, and others like downdraft, hanging, built-in, etc.
Wall mount kitchen hoods are anticipated to dominate the market segment in the upcoming five years and hold the largest revenue shares of the market on account of increasing demands for modular kitchens. A surge in the construction and remodeling of the modular kitchen further supports the growth of the Indian Kitchen Hoods Market in the next five years.
New market players are also actively entering the market in the recent years and further strengthening the growth...
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