UAE Kitchen hood market is projected to grow at a CAGR of 11.5% from 2018 to 2024
UAE kitchen hood market registered sluggish growth attributed to economic slowdown as a result of oil price crisis over the last few years. However, upcoming new residential supply units, 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 are some of the key factors that would propel the growth of kitchen hood market.
The market registered slow growth in revenues during 2015-16 owing to slump in oil prices, which primarily affected both government spending and disposable income of households. UAE recorded a decline of kitchen hood's sales in 2015 as compared to 2014, resulting in the overall weakening of 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 rising number of hotels, hotel apartments, QSR, cafes, and others.
In UAE, Dubai accounted for largest revenue share in the country, 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 kitchen hood market.
Some of the key players in UAE Kitchen hood market- BSH Home Appliances, Elica, Faber, Teka, Whirlpool, AB Electrolux, CNA Group, Elba, Miele Appliances, and Candy.
Key Topics Covered:
1. Executive Summary
2. Introduction 2.1. Key Highlights of the Report 2.2. Report Description 2.3. Market Scope & Segmentation 2.4. Research Methodology 2.5. Assumptions
3. GCC Kitchen Hood Market Overview 3.1. GCC Kitchen Hood Revenues (2014-2024F) 3.2. GCC Kitchen Hood Revenues, By Regions (2014-2024F)
4. UAE Kitchen Hood Market Overview 4.1. UAE Kitchen Hood Market Volumes & Revenues (2014-2024F) 4.2. UAE Kitchen Hood Market Industry Life Cycle 4.3. UAE Kitchen Hood Market Porter's Five Forces Model 4.4. UAE Kitchen Hood Opportunity Matrix 4.5. UAE Kitchen Hood Market Revenue Share, By Installation Type (2014-2024F) 4.6. UAE Kitchen Hood Market Revenue Share, By Application (2014-2024F) 4.7. UAE Kitchen Hood Market Revenue Share, By Regions (2014-2024F) 4.8. UAE Kitchen Hood Market Revenue Share, By Fitting Types (2014-2024F)