The market for ventilating or recycling hoods incorporating a fan, with a maximum horizontal side less than 120 cm, in Ireland has shown a steady upward trend, increasing from 3.452 million euros in 2013 to 7.227 million euros in 2023. The year-on-year variation reflects a consistent growth pattern, with significant increases observed in 2015 (17.45%) and 2017 (24.75%), while other years have seen more moderate growth. The compound annual growth rate (CAGR) over the last five years stands at 3.56%, indicating a stable market expansion.
Future trends to watch include technological innovations that could drive the adoption of smarter and more energy-efficient hoods, along with changing consumer preferences towards eco-friendly and sustainable products. Additionally, economic factors and housing market dynamics in Ireland may further shape the demand for these appliances in the coming years.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 294,500,000 | 2023 | +3.2% | +2.31% | View data |
| 2 | 2 France | 171,620,000 | 2023 | -0.26% | -1.53% | View data |
| 3 | 3 United Kingdom | 122,380,000 | 2023 | -0.099% | +0.58% | View data |
| 4 | 4 Netherlands | 93,127,000 | 2023 | +2.98% | +1.23% | View data |
| 5 | 5 Portugal | 40,310,000 | 2023 | +5.91% | +6.55% | View data |
| 6 | 6 Denmark | 23,889,000 | 2023 | +1.77% | +2.16% | View data |
| 7 | 7 Ireland | 7,226,900 | 2023 | +4.7% | +3.56% |
