Latin America Range Hood Market (2021-2027) | Companies, Size, Share, COVID-19 IMPACT, Forecast, Outlook, Value, Industry, Trends, Analysis, Revenue & Growth

Latin America Range Hood Market is expected to witness sound growth in the coming time zone. High penetration of modular kitchens with the rise in home remodeling is the major key growth driver. With the expansion of real estate as well as commercial construction, the market is encountering a significant growth in demand for range hoods. Manufacturers using multiple insulation layers and filtration system motors to reduce noise are also likely to contribute to market growth. Stringent regulations by the government regarding cleanliness and hygiene in restaurants and food chains have mandated the installation of range hoods, which is also propelling the market growth. Moreover, these devices offer added advantages, such as heat reduction and maintenance of air quality. The availability of low-cost alternatives is restraining the market growth. Several consumers are relying on common kitchen appliances with the greater frequency which hinders the market growth. The covid-19 pandemic has also negatively impacted the market with stay-at-home orders. A large number of Americans are becoming reliant on their household appliances due to the pandemic which will hamper the market growth.

According to 6Wresearch, the Latin America Range Hood Market is likely to witness growth during 2021-2027. Declining inflation rates, along with low credit rates, are driving the growth of the range hood market in Brazil through which customers have easy and free access to these appliances. Growth in the type of small households along with rented houses in cities of Brazil has brought a shift in the consumer's preference as manufacturers are innovating range hoods to cope up with the requirements. Furthermore, Mexico has a large number of exports due to its geographic advantage. The increasing trend of kitchen remodeling in the country is expected to spur the demand for range hoods.

The key market players include Whirlpool Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, LLC (Nortek Holdings LLC), Falmec S.p.A., Asko Appliances AB, Robert Bosch GmbH (BSH Home Appliances Corporation), and Elica S.p.A. (FAN S.A.)

Market segmentation is done based on type, application, and distribution channels. Based on the product, the market is segmented as under cabinet, wall mount, ceiling mount, and many others. The wall mount segment is expected to witness robust growth during the forecast period due to its ability to be installed on kitchen walls without consuming any extra space. Based on the application type, the market is segmented as commercial and residential. The commercial segment holds a larger share of the market. Rapid urbanization in the developing economies along with the rising number of hotels and restaurants is the major factor behind the dominance of the commercial segment. Based on the distribution channel, the market is segmented as direct selling and E-commerce. Direct selling is estimated to be the largest distribution channel. However, the E-commerce segment is expected to encounter the highest growth during the forecast period. Major factors driving the growth of the E-commerce segment are the availability of a wide range of products and competitive pricing.

The Latin America Range Hood market report thoroughly covers the market by product type, distribution channels, and countries including Brazil, Mexico, and other key countries. Latin America Range Hood market outlook report provides an unbiased and detailed analysis of the ongoing Latin America Range Hood market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Latin America Range Hood Market Outlook
• Market Size of Latin America Range Hood Market, 2020
• Forecast of Latin America Range Hood Market, 2027
• Historical Data and Forecast of Latin America Range Hood Revenues & Volume for the Period 2017 - 2027
• Latin America Range Hood Market Trend Evolution
• Latin America Range Hood Market Drivers and Challenges
• Latin America Range Hood Price Trends
• Latin America Range Hood Porter's Five Forces
• Latin America Range Hood Industry Life Cycle
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Under Cabinet for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Wall Mounted for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Ceiling Mount for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Offline for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Range Hood Market Revenues & Volume By Online for the Period 2017 - 2027
• Latin America Range Hood Market - Key Performance Indicators
• Latin America Range Hood Market - Import Export Trade Statistics
• Latin America Range Hood Market - Opportunity Assessment By Countries
• Latin America Range Hood Market - Opportunity Assessment By Product Type
• Latin America Range Hood Market - Opportunity Assessment By Distribution Channel
• Latin America Range Hood Market - Top Companies Market Share
• Latin America Range Hood Market - Top Companies Profiles
• Latin America Range Hood Market - Comparison of Players in Technical and Operating Parameters
• Latin America Range Hood Market - Strategic Recommendations

Markets Covered

The market report covers the following segments:

• By Product Type:
  • Under Cabinet
  • Wall Mounted
  • Ceiling Mount
  • Others

• By Application:
  • Offline
  • Online

• By Countries:
  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Frequently Asked Questions About the Market Study (FAQs):