The market size value for ventilating or recycling hoods with a fan and a maximum horizontal side less than 120 cm in the Netherlands stood at 93.127 million euros in 2023. From 2013 to 2023, the market showed fluctuations with significant growth years, like 2017's 15.39% increase, and declines like 2019's -8.54%. The compound annual growth rate (CAGR) over the last five years averaged 1.23%, indicating a modest growth trend in recent years. The year-on-year growth rates revealed limited increases of 3.1% in 2022 and 2.98% in 2023, suggesting a stabilization in market volumes.
Future trends to watch for include:
- Increasing emphasis on eco-friendly and energy-efficient products.
- Innovations in technology enhancing product features and consumer convenience.
- Growing importance of online sales channels in the distribution market.
- Potential impacts of regulatory changes in environmental policies on industry standards.
| # | 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% | |
| 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 |
