The European market for ventilating or recycling hoods with a fan, less than 120 cm, saw varied production values in 2023. Italy led with €533.63 million, followed by Germany at €284.3 million and Poland at €202.48 million. Spain, Portugal, France, the UK, and Finland trailed with significantly lower production values. From 2022 to 2023, significant growth was noted in Spain (10.34%) and Portugal (7.48%), while Italy showed modest growth (0.29%). Over five years, the compound annual growth rate (CAGR) suggests a wider distribution of production trends across individual countries.
Future trends to watch include:
- Increased focus on energy efficiency and smart technologies.
- The impact of regulatory changes on production practices.
- Potential shifts in production hubs due to economic and geopolitical factors.
- Growth in demand driven by consumer preference for modern kitchen appliances.
Top countries in Sold Production of Ventilating or Recycling Hoods Incorporating a Fan, with a Maximum Horizontal Side Less than 120 cm by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 533,630,000 | 2023 | +2.95% | +0.29% | View data |
| 2 | 2 Germany | 284,300,000 | 2023 | +2.6% | +0.65% | View data |
| 3 | 3 Poland | 202,480,000 | 2023 | +3.55% | +4.14% | View data |
| 4 | 4 Spain | 46,161,000 | 2023 | +10.01% | +10.34% | View data |
| 5 | 5 Portugal | 33,333,000 | 2023 | +6.88% | +7.48% | View data |
| 6 | 6 France | 12,854,000 | 2021 | +22.73% | View data | |
| 7 | 7 United Kingdom | 8,890,100 | 2023 | +3.45% | +2.91% | View data |
| 8 | 8 Finland | 7,183,500 | 2023 | +0.75% | +5.04% | View data |
