South Korea Kitchen Hood Market Overview, 2029

South Korea kitchen hood market is a crucial industry for manufacturing, distributing, and utilizing kitchen hood systems in residential and commercial kitchens. These essential appliances effectively ventilate and filter air, preventing grease accumulation, odor spread, and removing harmful pollutants like carbon monoxide and volatile organic compounds. The market is driven by rising consumer awareness, open-concept kitchen designs, and technological advancements in kitchen hood systems. Manufacturers incorporate advanced features like filtration systems, sensor-based controls, touchscreens, and smart connectivity options to improve functionality and user experience. South Korea has stringent safety and performance standards for kitchen hoods, with manufacturers focusing on producing high-quality products that comply with these regulations. The market offers a wide range of product types, including wall-mounted, island, under-cabinet, and downdraft hoods, designed to suit specific kitchen layouts and ventilation requirements. Collaborations with architects, designers, and builders ensure seamless integration of kitchen hoods into the overall kitchen design, optimizing functionality and aesthetics. According to Bonafide Research, “South Korea Kitchen Hood Market Overview, 2029," the kitchen hood market is anticipated to grow at more than XX.XX% CAGR from 2024 to 2029. expected to grow at a significant rate during the forecast period. Because they are smaller in size and thus easier to place in the kitchen, under-cabinet lighting leads the market with a significant share. The South Korea kitchen hood market focuses on air purification, smart connectivity, energy efficiency, and aesthetics, and noise reduction, integration with induction cooktops, safety compliance, and collaboration with professional designers. These factors contribute to the market's dynamism and growth, catering to the evolving demands and preferences of South Korean consumers who prioritize clean, efficient, and visually appealing kitchen environments. Manufacturers incorporate advanced filtration systems, smart connectivity, and smart controls to capture and remove airborne pollutants, grease, and odors. There is a rising interest in eco-friendly products and sustainability among South Korean consumers. Kitchen hoods with energy-saving features, eco-friendly materials, and low environmental impact are preferred choices for environmentally conscious consumers.

The market for range hoods is influenced by various factors, including aesthetics, design, noise reduction, and safety regulations. Manufacturers offer various styles and designs to cater to different customer preferences, while noise dampening technologies and soundproofing materials minimize operational noise. Integration with induction cooktops offers a space-saving solution while maintaining efficient ventilation. Safety regulations ensure user safety, and collaboration with professional designers ensures optimal functionality and satisfaction. Other range hoods, such as downdraft hoods and professional hoods, are expected to increase due to their design, ease of use, and innovation. The residential sector is expected to gain market share due to higher disposable income, urbanization, and government initiatives. The commercial sector is expected to grow due to the growing number of restaurant chains. The offline channel has the highest market share due to people's desire to see products before buying. The online channel is expected to grow at a significant rate due to internet penetration, convenience, and time savings. However, low-cost exhaust fan systems are hampering the market growth. Manufacturers use insulation layers, sound-absorbing bases, and filter system motors to reduce noise, which is likely to contribute to the market's growth. Consumers are installing advanced range hood systems in smart kitchens to improve the aesthetics and overall comfort of the home, creating opportunities for growth. Companies are deploying systems with integrated Io technologies to improve overall home connectivity. The overall demand of urban families for this kitchen equipment has increased due to the increasing knowledge of current technologies and their willingness to pay for the convenience that makes tasks easier and improves the user experience. The range hood business has been little affected by the COVID-19 epidemic. During the first half of 2020, the market experienced a decline in sales due to shifts in consumer choice toward shopping necessities and financial uncertainty. But with markets reopening across the country and home remodelling initiatives on the rise, demand for range hoods is on the rise. Due to the COVID-19 epidemic, sales of hobs and extractor hoods have significantly decreased. Considered in this report: • Geography: South Korea • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

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Manmayi Raval

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Aspects covered in this report • South Korea Kitchen hood market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type: • Under-Cabinet • Wall Mounted • Ceiling Mount • Others (Downdraft, Range Hood Inserts, Professional Grade Range Hoods, Microwave) By Application: • Residential • Commercial

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By Sales Channel in the report: • Online • Offline The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations &organizations related to Kitchen hood Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.