Draft Hood Market - Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027

A Draft hood is a device that is usually installed on gas boilers, water heaters, and oil furnaces. It is attached between the heater flue outlet and the vent pipe. These are installed in between the appliance and the chimney, allowing a break to form in the system. Draft hood are used in gathering of toxic fumes from within the appliance and suspend them out of the building through the chimney pipe or vent. These are usually used for proper flow of fresh air and help to prevent inhalation of toxic fumes. Increase in awareness about the device among the end-users has increased the sales of draft hood in few years. In addition to this, increase in sales of Draft Hood for prevention from toxic gases, and fumes that causes severe health issue, including death has fuelled the sales of devices. Emerging products with innovative design and technology are expected to gain popularity for draft hood among the end-users.

Driving Factors:

  • Major drivers of the global draft hood market includes rise in standard of living, awareness regarding the draft hood among the end-users, increase in dependency on draft hood, stringent laws impose by government regulations for overall monitoring of toxic gases, increase in construction sector are expected to generate a positive impact on the sales of product

  • Moreover, commercial sector emphasizing of usage of draft hoods to avoids the inhalation of toxic fumes and gases in emerging economies are expected to propel the draft hood market during the forecast period.

  • Development of new and innovative products, targeting new customer, and wider reach of products through e-commerce are expected to create significant opportunities for the draft hood market during the forecast period.

Market Segmentation:

  • The global draft hood market can be segmented based on product type, size, end-users, distribution channel, and region.

  • Based on product, the market can be bifurcated into under cabinet hoods, wall mount hoods, island hoods, downdraft hood, built-in hoods, insert hoods, and outdoor hoods.

  • On the basis of size, the global draft hood market is segregated into 24-28 inches, 29-36 inches and others.

  • Based on end-users, the market is segmented into residential, and commercial.

  • In terms of distribution channel, the market can be categorized into online channel and offline channel. The online segment can be sub-categorized into company websites and e-commerce sites.

  • Based on region, the global draft hood market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The draft hood market in North America is expected to grow significantly due to rise in fully integrated commercial venting and mechanical draft control systems among the end-users. In Europe, rise in awareness about the product to maintain better air quality has promoted the usage of draft hoods. In Asia Pacific, Increase in the sales of pollutant capture efficiency across the commercial sector has propelled the demand for draft hoods. Additionally, rapid growth in the residential sector and standard of living of the end-users are likely to boost the purchasing of draft hoods in the region. In Middle East & Africa, increase in stringent regulatory laws to maintain flow of fresh air and better environment sustainability has enhanced the market by the end-users. In South America, It has been observed that draft hood is gaining demand the end-users for removing of heat that generated by cooking devices. This is expected to drive the draft hood market during the forecast period. 

Competitive Landscape:

  • Major players operating in the global draft hood market include DuraVent, Inc., Selkirk Corp., Hayward Industries, Inc., Raypak, Inc., Broan, Inc., W.W. Grainger, Inc., Hart & Cooley Inc,. Southwark Metal Mfg. Co., Field Controls, LLC, Whirlpool Corporation, Samsung Electronics, Ancona Home, and Sears Brands, LLC.

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