Market Size of Egypt Kitchen Hood Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 2.50 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Egypt Kitchen Hood Market Analysis
COVID-19 had a moderate impact on the Kitchen Hood Market of Egypt. There was a rise in instalment of the kitchen hoods owning to the various hygiene related benefits such as maintenance of air quality, heat reduction, and increased safety and growth in awareness regarding the benefits of keeping the cooking environment clean and hygienic among consumers further influence the market.
The expansion of food chains across Egypt is driving the growth of Kitchen Hood market. In addition to this, the growing working population is expected to upsurge kitchen hood usage among residential consumers. Further, these devices have added features such as heat reduction, air quality maintenance, and safety, which is expected to drive the market over the forecast period. Major companies are offering their product through e-commerce to increase their sales. Rising online shopping trends across Egypt are also estimated to boost the demand. The introduction of IoT-based products and innovations in products is ready to create a new market opportunity. However, high maintenance cost and availability of alternative product at a lower price are expected to hinder the market growth in the upcoming years.