The market for ventilating or recycling hoods incorporating a fan with a maximum horizontal side less than 120 cm in Portugal showed a positive overall trend from 2013 to 2023. The market reached a volume of 281.9 thousand units in 2023. Over the last decade, the market experienced growth, particularly between 2016 and 2018, with a notable surge in 2018. However, a slight decline occurred in 2019, followed by steady year-on-year increases until 2023. The compound annual growth rate (CAGR) over the last five years was positive, with the most recent at 1.8%.

Future trends to watch for include:

Technological advancements in energy-efficient and smart hoods that integrate with IoT ecosystems.
Consumer preferences shifting towards sustainable and eco-friendly products driving demand.
Potential impacts of European Union regulations on environmental standards enhancing market growth.
Growth in renovations and new housing units boosting the demand for modern ventilating solutions.