Growing standard of living, awareness towards health, increase adoption of modular kitchens and replacement of existing kitchen hoods are some of the factors leading to the rising kitchen hood demand. Also, with the upcoming event 'World Expo 2020' in Dubai and consequently burgeoning tourism, hospitality, and residential sectors to further propel the market of kitchen hoods in the country.
According to 6Wresearch, the UAE kitchen hood market size is projected to grow at a CAGR of 11.5% from 2018 to 2024. The market registered slow growth in revenues during 2015-16 owing to a slump in oil prices, which primarily affected both government spending and the disposable income of households. UAE recorded a decline in kitchen hood's sales in 2015 as compared to 2014, resulting in the overall weakening of UAE Kitchen hood market revenues in 2015; however, the market is anticipated to bounce back with the recovery of oil prices post 2017, majorly due to burgeoning construction activities leading to the rising number of hotels, hotel apartments, QSR, cafes, and others.
UAE kitchen hood market registered slowdown as a result of the oil price crisis over the last few years. Nowadays come up with new residential supply units, an increasing number of hotels, restaurants, and quick-service restaurants (QSRs) along with rising consumer awareness towards health, rising modern lifestyle, adoption for smart living as well as attractive kitchen solutions particularly modular kitchens.
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. Some of the key players in the UAE Kitchen hood market- BSH Home Appliances, Elica, Faber, Teka, Whirlpool, AB Electrolux, CNA Group, Elba, Miele Appliances, and Candy.
The UAE kitchen hood market report thoroughly covers the market of kitchen hoods in UAE by installation types, fitting types, applications, and regions. The UAE kitchen hood market outlook report provides an unbiased and detailed analysis of the UAE kitchen hood market trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
UAE kitchen hood market is estimated to register sound revenues in the upcoming six 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.
Key Highlights of the Report:
• UAE kitchen hood market Overview
• UAE kitchen hood market Outlook
• UAE kitchen hood market Forecast
• Historical Data of GCC Kitchen Hood market for the Period 2014-2017
• Market Size & Forecast of GCC Kitchen Hood Market until 2024
• Historical Data of UAE Kitchen Hood Market Revenues for the Period 2014-2017
• UAE Kitchen Hood Market Size & UAE Kitchen Hood Market Forecast, until 2024
• Historical Data of UAE Wall Mounted Kitchen Hood Market for the Period 2014-2017
• Market Size & Forecast of UAE Wall Mounted Kitchen Hood Market until 2024
• Historical Data of UAE Island Mounted Kitchen Hood Market for the Period 2014-2017
• Market Size & Forecast of UAE Island Mounted Kitchen Hood Market until 2024
• Historic Data of UAE Kitchen Under-Cabinet Kitchen Hood Market for the Period 2014-2017
• Market Size & Forecast of UAE Under-Cabinet Kitchen Hood Market until 2024
• Historical Data and Forecast of UAE Kitchen Hood Market, By Applications 2014-2024
• Historical Data and Forecast of UAE Kitchen Hood Market, By Regions 2014-2024
• Historical Data and Forecast of UAE Kitchen Hood Market, By Fitting Types for the Period 2014-2024
• Market Drivers and Restraints
• UAE Kitchen Hood Market Trends and Developments
• UAE Kitchen Hood Market Share, by Players
• UAE Kitchen Hood Market Overview on Competitive Benchmarking
• Key Strategic RecommendationsMarkets Covered:
The UAE Kitchen hood market report provides a detailed analysis of the following market segments:
• By Installation Type:
o Wall Mounted
o Island Mounted
o Under-Cabinet
• By Applications:
o Residential
o Commercial
• By Fitting Type:
o Ducted/Extracting
o Ductless/Recirculated
• By Regions:
o Dubai
o Abu Dhabi
o the Northern Emirates
