Kitchen Chimney Market Size, Share & COVID-19 Impact Analysis, By Product Type (Wall-mounted Chimney, Built-In Chimney, Island Chimney, Corner Chimney, and Others), Duct Type (Ducted and Ductless), Application (Residential and Commercial), Sales Channel (Online and Offline), and Regional Forecast, 2023-2030

The global kitchen chimney market size was valued at USD 17.08 billion in 2022 and is projected to grow from USD 17.80 billion in 2023 to USD 25.72 billion by 2030, exhibiting a CAGR of 5.39% during the forecast period. Asia Pacific dominated the kitchen chimney market with a market share of 30.8% in 2022.

A kitchen chimney is a commonly used appliance and necessary addition to every modular or traditional kitchen. A chimney sucks out smoke, odor, and oil from the kitchen, thus keeping the kitchen clean and fresh after cooking. It has become an essential item for kitchens with poor ventilation and to maintain hygienic and keep cooking conditions free from oil and smoke.  Smoke not only leaves its traces on furniture and clothing after it disperses, but is also a safety and health hazard. Conventional chimneys are useful and less expensive, made from plain stainless steel. Comparatively, contemporary vents work better in modular kitchens and are fortified with glass. The chimney is majorly used in homes, hotels, and restaurants.

COVID-19 IMPACT

Supply Chain Disruptions During COVID-19 Negatively Impacted Kitchen Chimney Market Growth

The COVID-19 pandemic negatively impacted the growth of various industries across the world. Businesses navigated the pandemic's challenges while addressing their customers’ needs. They focused on implementing agile operations, accelerating digital transformation, and establishing variable cost structures to emerge stronger from the pandemic.

• The COVID-19 crisis also resulted in supply chain disruptions, workforce disruptions, and consumer behavior changes, significantly impacting the industry's growth. As a result, companies started focusing on optimizing their resilience and assessing opportunities for growth to survive in the market.


• Various countries across the globe imposed lockdowns and travel & transportation restrictions in 2020 to curb the spread of the virus. This factor resulted in the lack of raw material supply and the temporary closure of manufacturing plants which delayed the production and supply of kitchen appliances.


• Furthermore, the temporary closure of electronics stores, supermarkets, and hypermarkets affected product sales, most notably in 2020. In addition, consumers were reluctant to purchase expensive products due to business losses and unemployment, further hampering the product demand.

LATEST TRENDS

Shifting Consumer Preference toward Energy Efficient Kitchen Appliances Augment Market Growth

Manufacturers in the industry are developing innovative products to expand their consumer base. They are producing colored and textured kitchen chimneys due to their increasing popularity. Furthermore, companies are mainly focusing on producing energy-efficient kitchen products to provide sustainable solutions to their customers. Additionally, recent favorable policies implemented by governments regarding the development of high-power-rated kitchen appliances have boosted the demand for such products. For instance, in March 2018, the Bureau of Energy Efficiency (BEE), India set an energy efficiency benchmark for different kinds of kitchen appliances so that companies could develop smart appliances. Additionally, the growing popularity of modular kitchens has added traction to the demand for different kinds of chimneys. These factors are expected to boost the market growth.

DRIVING FACTORS

Increase in Consumer Spending and Disposable Income to Drive Market Growth

The sales of these chimneys are driven by factors, such as high consumer spending, growing per capita income, and shifting consumer demands. The slow economic growth in 2020 affected the consumer spending capacity and decelerated the development of the home appliance industry. But the global economy has been slowly recovering since 2021, thus reviving the market growth.

• An increase in the population's purchasing power in developing countries has fostered various lifestyle changes, driving the market growth in 2022. The sales of appliances in the wall-mounted segment are estimated to grow during the festive season.


• The improving quality of life of individuals and rising cost of living are some factors that may propel the market growth. Work-home-home culture became popular during the pandemic, contributing to the global demand for home appliances. In 2020, most of the global population spent time at home to avoid getting infected by the COVID-19 virus. This scenario encouraged them to redesign and modify their homes, which will eventually increase the demand for kitchen chimneys.


• The demand for chimneys is higher in mature markets, such as North America and Europe. Still, the market is snowballing in Asia Pacific due to the increasing population and rising trend of urbanization. The increased disposable income is boosting awareness about kitchen appliances, such as chimneys. This changing consumer behavior might prompt retailers to focus on building a presence in online and offline sales channels.

Growing Popularity of Smart Home Appliances to Propel Market Growth

Intelligent home appliances use advanced technologies, such as Artificial Intelligence (AI) and the Internet of Things (IoT), touchless tech, and integrated smart home tech. These technologies give users several benefits, such as safety, security, and convenience for their homes.

The ever-expanding sales of electronic appliances with innovative features due to the growing demand from high-tech users is boosting the market growth. Tech-savvy consumers are ready to invest in smart home products that improve their quality of life. The rapidly growing number of internet users has changed consumer behavior and the retail landscape for the home appliance industry. Development of new technologies for intelligent and energy-efficient appliances were the crucial factors that increased the market value in 2021.

• Smart appliances are built by integrating advanced sensors, technologies, and algorithms, enabling users to control and operate appliances anywhere. Multiple products, such as IoT-enabled kitchen chimneys, water & air purifiers, heaters, and ceiling fans are well equipped with advanced features.


• Many kitchen chimneys feature IoT, helping consumers operate them via an application. Consumers can book service registrations, get regular alerts, set timer schedules, and clean auto schedules, adding convenience.

RESTRAINING FACTORS

High Price and Maintenance Cost May Hamper Market Growth

Supply chain disruptions and high costs of commodities such as crude oil affected logistics and hence plays a crucial role in influencing the high prices of home and kitchen appliances. Major manufacturers, such as Whirlpool Corporation, Panasonic, and Samsung are experiencing slowdown in their sales due to a shortage of essential electrical components that will last till 2023. This led to an increase in home appliance prices.

Key brands that manufacture these appliances dominate the fragmented market. The pandemic affected the sales of these products due to the closure of retail outlets across the world, which hampered the market growth. Many manufacturers provide a warranty to users for repair or maintenance for a specific period.

• According to an article from House Method, the average expenditure on significant appliances in the U.S. households was around USD 175 in 2021, which can vary with the average running time of an appliance. Many home appliance users sometimes face unexpected repairs, negatively affecting the market growth.

SEGMENTATION

By Product Type Analysis

Wall-Mounted Kitchen Chimney Segment to Dominate Global Market As They Possess Excellent Functionality 

The wall-mounted segment dominates the market as these chimneys are mounted on the wall above the stovetops and are aesthetically pleasing and possess excellent functionality. These chimneys can be easily installed, are affordable, and compatible with every kitchen design. The vents can be used in both commercial and residential spaces. The demand for this product is increasing as it can clean pollutants from the air and is available in technologically advanced models with Bluetooth and Wi-Fi connection.

By Duct Type Analysis

Ducted Segment Hold Dominant Position as It Efficiently Purifies the Kitchen Air

Based on duct type, the market is segmented into ducted and ductless. The ducted segment is anticipated to dominate the market owing to its efficiency in purifying the kitchen air since it vents the cooking fumes outside. Thus, the kitchen stays cleaner and fresher, and the air quality at home is free from smoke. However, ductless chimney sucks up all the smoke through a filter before blowing it back into the kitchen.

By Application Analysis 

Residential Segment to Dominate Market Owing to Increasing Number of Nuclear Families and Popularity of Modular Kitchens

Based on application, the market is segmented into residential and commercial. Commercial applications include offices, restaurants, hotels, and others. The residential segment holds a significant kitchen chimney market share due to the rising popularity of modular kitchens and increasing number of nuclear families across the world. Moreover, increasing disposable income and growth in e-commerce platforms will propel the demand for chimneys among residential consumers. In addition, the COVID-19 pandemic forced individuals to stay at home to curb the spread of the virus. This factor has further increased the demand for kitchen chimneys to keep their smart homes clean, accelerating global market growth.

By Distribution Channel Analysis

Offline Segment to Hold Dominant Market Position as They Offer Discounts on Bulk Product Purchases Attract Customers 

Based on distribution channel, the market is segmented into online and offline. Offline stores hold a significant market share due to a wide variety of chimneys available in a single store, such as in hypermarkets and supermarkets. Additionally, coupons and discounts on bulk product purchases attract customers to shop for many items. The online store segment will witness considerable growth owing to the increasing popularity of e-commerce and online shopping. The widely accessible home delivery facility offered by certain online retailers also attracts consumers. Furthermore, manufacturers are focusing on expanding their distribution channel by opening new stores, contributing to the segment’s growth. For instance, in May 2022, LG Electronics Inc., an electronics company headquartered in Seoul, South Korea, expanded its retail presence and opened its 39th store in Mumbai, India.

REGIONAL INSIGHTS

The market is segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

North America emerged as the most prominent market in 2022 due to the increasing consumer preference for premium-quality kitchen appliances. The growth in the home improvement industry in the U.S. will further contribute to the regional market growth. For instance, according to the National Association of Realtors Remodeling Impact Report 2022, homeowners in the U.S. spent USD 420 billion on remodeling their homes in 2020. Furthermore, manufacturers are focusing on expanding their distribution channel in the North American market, which will assist the regional market’s expansion. For instance, in December 2019, Robam, a luxury kitchen appliances manufacturer headquartered in India, announced the opening of its new showrooms in Los Angeles, San Francisco, New York, and New Jersey.

Additionally, the market growth is being boosted by countries, such as China, India, and Japan owing to the product’s increased usage in the residential and food service sectors.

• According to the statistical data presented by the U.S. Department of Agriculture (USDA), China’s hotels, restaurants, and the institutional sector recorded USD 687 billion in sales revenue in 2019, 9% up from the previous year. The growth in the hotel sector further fuels the demand for different kitchen chimneys in the country.

France and Germany are the major markets in Europe. The European region will witness a considerable growth rate in the market owing to the growing housing sector. For instance, according to gov.uk, a U.K public sector information website, approximately 50,000 new homes were built in the U.K in the first three months of 2021, the highest figure in over 20 years.

South America is one of the fastest-growing emerging markets, increasingly contributing to the revenue of the global kitchen chimney industry. The regional market’s growth drivers include increased awareness about hygiene among people, economic development, and others.

The Middle East & Africa market is primarily driven by the region's significant population growth, increasing by 7 million people per year. Modernization has also increased across the regions in the last few years.

KEY INDUSTRY PLAYERS

Key Market Players Focusing on Product Innovation and New Product Launches

Industry players have been adopting several competitive strategies including product innovation and new product launches to grow their business amid stiff competition in the market. The demand for innovative products has risen in recent years. As a result, key players in the kitchen chimney market focus on developing products with advanced features.

LIST OF KEY COMPANIES PROFILED:

• Asko Appliances (Sweden)


• Vent-A-Hood (U.S.)


• BSH Home Appliances Corporation (U.S.)


• Elica S.p.A. (Italy)


• Faber S.p.A. (Italy)


• Falmec S.p.A. (Italy)


• Miele Inc. (Germany)


• Panasonic Corporation (Japan)


• Samsung Electronics (South Korea)


• Whirlpool Corporation (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• March 2023 – Ciarra, an innovative kitchen appliance brand, launched its Ciarra HOOD TO GO portable range hood. The HOOD TO GO comes in mini and compact sizes but is equipped with a highly efficient motor that provides strong suction power. This is said to drive the suction mechanism to remove odors in cooking environments.


• February 2022 – Fotile, a global high-end kitchen appliance manufacturer, launched the Self-Adjusting Range Hood, a stainless-steel range hood featuring many advanced capabilities. It has Adjusting Capture Shield Technology, which lowers its plate to capture cooking fumes and prevent smoke and grease from escaping the kitchen. It also has an odor reduction rate of up to 97%, keeping the kitchen smoke-free and smelling fresh.


• November 2022 – Franke launched the Smart Suspended island cooker hood featuring the brand’s Sound Pro Blowers. The suspended hood is cylindrical and features an innovative design and a motor that reduces turbulence and vortex of the internal airflow. The hood has three operating speeds, an easy push-button operation, and two LED lights. It is also A-rated for energy efficiency and is backed by a two-year warranty.


• December 2022 – Falmec, an Italian appliance manufacturer, launched an outdoor collection of ventilation hoods built with high-quality stainless steel. As outdoor kitchens are gaining popularity among North American homeowners, the product line is highly resistant to corrosion and suitable for the toughest climates. There are three innovatively designed models added to the product range.


• March 2021 – TTK Prestige launched its Oscar kitchen hood range of chimneys. It features motion sensor technology, ensuring an individual can no longer press buttons merely by waving a hand. It eliminates harmful components, such as heat, odor, and pollutants, while reducing toxic carbon monoxide. The range is also equipped with dual LED lights, providing enhanced illumination. Its speed control feature has three settings, allowing individuals to choose the optimum speed required for different cooking needs. It has a highly convenient thermal auto-clean feature that reduces maintenance time.

REPORT COVERAGE

The kitchen chimney market research report provides detailed market analysis and focuses on crucial aspects, such as leading companies, product type, duct type, application, and distribution channel. Besides this, the report offers insights into the latest market trends and highlights vital industry developments. In addition to the factors mentioned above, the report covers several factors that have contributed to the market's growth in recent years and estimates the market’s forecast.

Report Scope & Segmentation