Egypt Kitchen Hood Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.50 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Egypt Kitchen Hood Market Analysis
COVID-19 had a moderate impact on the Kitchen Hood Market of Egypt. There was a rise in instalment of the kitchen hoods owning to the various hygiene related benefits such as maintenance of air quality, heat reduction, and increased safety and growth in awareness regarding the benefits of keeping the cooking environment clean and hygienic among consumers further influence the market.
The expansion of food chains across Egypt is driving the growth of Kitchen Hood market. In addition to this, the growing working population is expected to upsurge kitchen hood usage among residential consumers. Further, these devices have added features such as heat reduction, air quality maintenance, and safety, which is expected to drive the market over the forecast period. Major companies are offering their product through e-commerce to increase their sales. Rising online shopping trends across Egypt are also estimated to boost the demand. The introduction of IoT-based products and innovations in products is ready to create a new market opportunity. However, high maintenance cost and availability of alternative product at a lower price are expected to hinder the market growth in the upcoming years.
Egypt Kitchen Hood Market Trends
This section covers the major market trends shaping the Egypt Kitchen Hood Market according to our research experts:
Surge in Disposable Income of Population
The total household spending growth in Egypt over 2020 to average 7.2%, a strengthening on the historic five-year average (2015-2019) of 6.4%. This growth is being supported by stabilising inflation levels, the inflation has come down to 6.8% in 2020, down from 9.4% in 2019. As a result of Egypt's easing inflation levels and attractive consumer profile (young and expanding population, and rising middle class), will allow them to spend on latest technologies and modifications in the Kitchen Hoods. Consumer income and spending are forecast to expand at a steady rate by 2030, thanks to accelerating economic growth, inflows of foreign investment, and lower unemployment. This is expected to support consumer income growth and drive expansion of the middle class. As a result of the middle-class growth, discretionary categories are forecast to expand at the fastest rate. This would increase the demand for the residential kitchen hoods.
Production of Innovative Kitchen Hoods
Rising consumer spending on technologically advanced kitchen appliances is fuelling the industry growth. Shifting consumer preferences toward modular kitchens will support the rising demand for kitchen hoods. Consumers across Egypt are making large investments in kitchen hoods to evade smoke & gases, further boosting the market statistics. Market leaders are also offering highly advanced kitchen hood systems for urban kitchens to cater to the growing demand. Major kitchen appliances such as range hoods and cooktop have become an integral part of daily activities. The overall demand for these kitchen appliances has increased among urban households owing to the rise in awareness of modern technologies, willingness to pay for comfort that simplify the work, and increase the user experience. The emergence of several local manufacturers has impacted and shaped the consumer buying behaviour owing to the price sensitivity and affordability among the consumers in Egypt. Thus, counterfeit brands are generally prevalent in Egypt where customers are highly price-sensitive.
Egypt Kitchen Hood Industry Overview
Kitchen Hood Market in Egypt is moderatly consolidated in nature. Some of the major players operating currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies is increasing their market presence by securing new contracts and by tapping new markets.
Egypt Kitchen Hood Market Leaders
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Bosch
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Beko
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Ariston
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Franke
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Hoover
*Disclaimer: Major Players sorted in no particular order
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Egypt Kitchen Hood Market News
- On November 2021, Prime Minister of Egypt Dr Moustafa Madbouli confirmed the importance of completing efforts exerted to establish a strong partnership with Germany's technology and parts supplier Robert Bosch Thursday. Bosch offers home appliances such as Kitchen Hoods, Air Conditioners, Health and Personal care, Telivisions and Others. The partnership will promote the sale of Bosch Appliances such as Bosch in the country.
- In 2021, Elaraby Group, a consumer electronics and home appliance enterprise in Egypt which offers products like Kitchen Hoods, Telivisions, Air Conditioners, Health and Personal care and Others has signed a memorandum of cooperation with Hisense International; leader in manufacturing of consumer electronics and white goods enterprise in Egypt; thereby launching - for the first time in Egypt - the Hisense brand; granted with Elaraby Warranty.
Egypt Kitchen Hood Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Defination
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Analysis Methodology
2.4 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Industry Value Chain Analysis
4.6 Insights into Latest Technological Innovations and Recent Trends in the Market
4.7 Consumer Buying Behaviour Analysis
4.8 Insights on Government Regulations in the Industry
4.9 Porter's Five Forces Analysis
4.9.1 Threat of New Entrants
4.9.2 Bargaining Power of Buyers
4.9.3 Bargaining Power of Suppliers
4.9.4 Threat of Substitutes
4.9.5 Intensity of Competitive Rivalry
4.10 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Under Cabinet Range Hoods
5.1.2 Ceiling Mounted Hoods
5.1.3 Wall Mounted Range Hoods
5.1.4 Others
5.2 By Distribution Channel
5.2.1 Multi Branded Stores
5.2.2 Exclusive Stores
5.2.3 Online
5.2.4 Other Distribution Channels
5.3 Application
5.3.1 Commercial
5.3.2 Residential
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Bosch
6.2.2 Tornado
6.2.3 Beko
6.2.4 Ariston
6.2.5 Generic
6.2.6 Franke
6.2.7 Hoover
6.2.8 Samsung*
- *List Not Exhaustive
7. FUTURE TRENDS AND MARKET OPPORTUNITIES
8. DISCLAIMER
Egypt Kitchen Hood Industry Segmentation
A kitchen hood is a device that hangs over the stove or cooktop in the kitchen and contains a mechanical fan. It removes airborne grease, combustion products, fumes, smoke, heat, and steam from the air by evacuation of the air and filtration. Kitchen Hood Market in Egypt is Segmented by Product Type (Under Cabinet Range Hoods, Wall Mount Range Hoods, Ceiling Mounted Hoods, Others), Application (Commercial and Residential), and Distribution Channel (Multi Branded Stores, Exclusive Stores, Online, and Other Distribution Channels).
| By Product Type | |
| Under Cabinet Range Hoods | |
| Ceiling Mounted Hoods | |
| Wall Mounted Range Hoods | |
| Others |
| By Distribution Channel | |
| Multi Branded Stores | |
| Exclusive Stores | |
| Online | |
| Other Distribution Channels |
| Application | |
| Commercial | |
| Residential |
Egypt Kitchen Hood Market Research FAQs
What is the current Egypt Kitchen Hood Market size?
The Egypt Kitchen Hood Market is projected to register a CAGR of greater than 2.5% during the forecast period (2024-2029)
Who are the key players in Egypt Kitchen Hood Market?
Bosch, Beko, Ariston, Franke and Hoover are the major companies operating in the Egypt Kitchen Hood Market.
What years does this Egypt Kitchen Hood Market cover?
The report covers the Egypt Kitchen Hood Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Kitchen Hood Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Kitchen Hood Industry Report
Statistics for the 2024 Egypt Kitchen Hood market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Egypt Kitchen Hood analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
