In 2023, Italy dominated the European market for ventilating or recycling hoods incorporating a fan and having a maximum horizontal side less than 120 cm, capturing over half of the market with a 54.52% share by value. Germany followed with 29.05% and Poland with 20.69%. Spain, Portugal, France, the United Kingdom, and Finland held smaller shares, with Spain leading the minor market players at 4.72%.
Year-on-year changes highlight substantial growth in Spain with a 10.34% increase, followed by Portugal at 7.48% and Finland at 5.04%. Poland also saw a noteworthy 4.14% rise, while Italy, Germany, and the United Kingdom observed more modest growth metrics.
Future trends to watch include a focus on sustainability and energy efficiency driving innovation, particularly in markets like Italy and Germany. Emerging technologies such as IoT integration and smart home compatibility could shift market dynamics. The EU's green initiatives may also influence production practices and consumer preferences across the region.
Top countries in Sold Production of Ventilating or Recycling Hoods Incorporating a Fan, with a Maximum Horizontal Side Less than 120 cm Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54.52 | 2023 | +2.95% | +0.29% | View data |
| 2 | 2 Germany | 29.05 | 2023 | +2.6% | +0.65% | View data |
| 3 | 3 Poland | 20.69 | 2023 | +3.55% | +4.14% | View data |
| 4 | 4 Spain | 4.72 | 2023 | +10.01% | +10.34% | View data |
| 5 | 5 Portugal | 3.41 | 2023 | +6.88% | +7.48% | View data |
| 6 | 6 France | 1.31 | 2021 | +22.73% | View data | |
| 7 | 7 United Kingdom | 0.91 | 2023 | +3.45% | +2.91% | View data |
| 8 | 8 Finland | 0.73 | 2023 | +0.75% | +5.04% | View data |
