The UK market for ventilating or recycling hoods incorporating a fan with a maximum horizontal side less than 120 cm demonstrated fluctuations from 2013 to 2023. The highest value per capita was recorded in 2015 at €2.37, but the figure dipped to reach €1.81 in 2023. Over the last two years, there was a decline of approximately 0.2% annually. Over the past five years, the market illustrated a slight contraction with a negative CAGR of about 0.5%, indicating a gradual decrease in market size value per capita.
Looking ahead to the future, trends to watch for include advancements in energy efficiency, shifts in consumer preferences towards sustainable and smart home appliances, and potential impacts of regulatory changes in energy consumption. Continuous innovation and potential demographic shifts could also influence growth parameters in this sector.
How does the United Kingdom rank in Ventilating or Recycling Hoods Incorporating a Fan, with a Maximum Horizontal Side Less than 120 cm Market Size Value Per Capita?
| # | 7 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Netherlands | 5.39 | 2023 | View data |
| 2 | 2 Denmark | 4.1 | 2023 | View data |
| 3 | 3 Portugal | 3.77 | 2023 | View data |
| 4 | 4 Germany | 3.4 | 2023 | View data |
| 5 | 5 France | 2.49 | 2023 | View data |
| 6 | 6 United Kingdom | 1.81 | 2023 | |
| 7 | 7 Ireland | 1.48 | 2023 | View data |
