Report ID: IMA - 11 | Pages: 250+ | Dec-2024 | Formats*: PDF/Excel

Ventilation Grill Market Revenue, Size, Share & Opportunity Analysis By Material (Wood, Metal, and Plastic), By Application (Air Supply and Exhaust), By End User Industries (Residential and Non-Residential), By Sales Channel (Direct and Indirect), By Region, And Segment Forecasts, 2025 – 2032


Ventilation Grill Market Size & Trends


The Global Ventilation Grill Market size was valued at USD 404.63 million in 2024. The market is projected to grow from USD 418.96 million in 2025 to USD 534.47 million by 2032, exhibiting a CAGR of 3.54% during the forecast period.


Market Definition & Introduction


Ventilation is the process of bringing in fresh air and expelling stale air from a closed space. Ventilation is crucial for maintaining a healthy atmosphere in residential, commercial, and industrial buildings. Ventilation grills are positioned above exhaust fans and ventilation ducts to protect the moving components of the ventilation systems and enhance the building's aesthetic appeal. The expanding worldwide population has increased the demand for residential and commercial buildings, and the expansion of the manufacturing sector has stimulated the industrial construction industry. Ventilation grills are being used more often. Additionally, ventilation grills are made of a number of materials, such as metal, plastic, and wood. According to the India Brand Equity Foundation, the nation's real estate market is expected to have expanded from USD 1.72 billion in 2019 to USD 9.30 billion by 2040. (Source: https://www.ibef.org/industry/real-estate-india)


Market Drivers


Growth in Activities Associated with Construction is Driving the Demand for Ventilation Grill Market Market.


As the construction industry expands globally, it is expected that the demand for ventilation grills in residential and commercial structures will increase as well. Proper ventilation is essential for maintaining adequate indoor air quality and ensuring the safety and comfort of building occupants. Ventilation grills are necessary to guarantee adequate ventilation and air circulation indoors, which helps to eliminate allergies, pollutants, and other hazardous substances from the air. The need for ventilation grills is closely related to the construction industry since both new buildings and renovations require suitable ventilation systems. The fact that building codes and regulations usually require adequate ventilation in new construction projects adds to the demand for ventilation grills.


Market Trend


Growing Industrialization Expected to Boost the Demand in the Forecast Period.


The requirement for ventilation grills in these enterprises is expected to increase as the manufacturing sectors grow. Additionally, advancements in technology are making ventilation grills more effective and simple to install, which is promoting their use in manufacturing facilities. Additionally, the use of energy-efficient HVAC systems—which require ventilation grills—is being encouraged by legislation that promotes energy efficiency and reduces carbon emissions. Ventilation grill manufacturers now have the opportunity to offer energy-efficient, eco-friendly products that adhere to these regulations. The growth of the industrial sector may lead to the development of the worldwide ventilation grill market, especially as more companies place a higher priority on worker safety and environmental sustainability.


COVID Impact on Ventilation Grill Market Market


Rapid COVID-19 spread throughout multiple countries and regions has a significant impact on people's lives and the community as a whole. Prior to becoming a significant threat to global trade, the economy, and finance, it was a human health concern. The COVID-19 outbreak-induced lockdown halted the production of ventilation grills. The economic crisis initially led to a decline in the building of both residential and non-residential structures. However, the severity of the COVID-19 pandemic has significantly lessened due to the availability of vaccinations. As of mid-2022, the number of COVID-19 cases has significantly dropped. As a result, factories that make ventilation grills have completely reopened, and the real estate industry has greatly rebounded.


Competitive Landscape


A variety of companies vying for market share through intense marketing campaigns, strategic alliances, and new product development define the Ventilation  Grill market's competitive environment. Established electronics manufacturers, speciality ventilation grill firms, and up-and-coming start-ups hoping to upend the market with creative ideas are some of the major participants in the market.



Ventilation Grill Market Companies


Volution Group plc

Honeywell International Inc.

Daikin Industries, Ltd.

Johnson Controls International Plc

Samsung Electronics Co Ltd.

Lennox International Inc.

Mitsubishi Electric Corporation

Broan-Nutone Llc

Airflow Developments Limited

Vortice S.P.A.


Company Strategic Developments


In July 2021: A new range of barbecues under the "Victory" name from BBQGuys drastically changed the expectations of consumers about the quality and price of entry-level grills.


In June 2023: BESA continues the TR19 and TR19 Grease training for extract hygiene in order to ensure compliance. The GH03 and GHT3 courses are among the modifications that Michelle Winny discloses. BESA updated its Vent Hygiene Register to raise awareness of fire hazards.


Segment Analysis


Ventilation Grill Market Technology Market, by Material


The Metal segment is expected to dominate the Ventilation Grill Market. Because of its strength, durability, and fire resistance, among other qualities, metal grills are ideal for commercial and industrial applications. Metal ventilation grills can be utilized in a wide range of environments and go well with a number of architectural types because they are available in so many different sizes, forms, and finishes. Their versatility and adaptability make them a popular choice for ventilation systems in both homes and businesses.


However, the Plastic segment is expected to grow at the fastest CAGR during the forecast period. Since plastic is usually less expensive than materials like metal or wood, it is a cost-effective material choice for ventilation grills. Although the market for plastic ventilation grills is growing, challenges remain, such as competition from substitute materials, environmental concerns related to plastic waste, and fluctuations in raw material prices.



Ventilation Grill Market Technology Market, by Application


The Air supply segment is expected to dominate the Ventilation Grill Market. Application-based ventilation grills are designed to supply a particular space or building with fresh air. They are widely used in HVAC systems to help regulate temperature, humidity, and air quality. Air supply ventilation grills can also be used in commercial and industrial settings where they could be required to provide fresh air and help regulate air pressure in a particular area.


However, the Exhaust segment is expected to grow at the fastest CAGR during the forecast period. Exhaust ventilation grills are specifically designed to facilitate the removal of hot, stagnant air from a structure. They are typically found in toilets, kitchens, and industrial environments.


Ventilation Grill Market Technology Market, by End User


The residential segment is expected to dominate the Ventilation Grill Market. The rise in residential constructions is contributing to the demand for ventilation grills. As the number of newly built homes and renovations increases, there is a rising need for ventilation grills that provide efficient airflow and meet the specific needs of each building. The demand for residential use is also being driven by growing awareness of indoor air quality.


However, the non-residential segment is expected to grow at the fastest CAGR during the forecast period. The market for non-residential ventilation grills is anticipated to grow considerably in the years to come. As industry and urbanization grow, there will likely be a greater need for aesthetically pleasing and efficient ventilation solutions.


Ventilation Grill Market Technology Market, by Sales Channel


The Indirect segment is expected to dominate the Ventilation Grill Market. Distributors, wholesalers, and retailers are examples of indirect channels that have a larger clientele and can reach a larger market than direct sales. Distributors and merchants usually maintain a stock of several grill types and sizes, which helps producers reduce their inventory load.


However, the direct segment is expected to grow at the fastest CAGR during the forecast period. Direct sales channels are becoming more and more prevalent in the ventilation grill market. Customers and manufacturers gain from this channel in a variety of ways. Through direct sales, manufacturers can offer highly customized products to meet particular customer needs, increasing customer satisfaction.


Regional Analysis


According to InfoNest Market Analytics, the North American Ventilation Grill market held a share of 31.52% in 2024. Numerous causes, including the growth of the construction industry, the growing popularity of energy-efficient buildings, and the growing use of HVAC systems, are driving the need for ventilation grills in the area. The region's industrial automation activities have also significantly increased, which has supported the ventilation grill market's growth. The United States leads the North American ventilation grill market, closely followed by Canada and Mexico.


The Asia Pacific Ventilation Grill Market is expected to register the fastest CAGR of 3.66% during the forecast period of 2025-2032. The growth of non-residential building types, including hospitals, universities, schools, IT companies, and pharmaceutical businesses, is driving up the demand for ventilation grills. In the Asia-Pacific region, India's ventilation grill market was expanding at the fastest rate, while China's market share was the largest.


Segmentation


Material Outlook (Revenue, USD Million, 2019-2032)


·        Plastic

·        Wood

·        Metal


Application Outlook (Revenue, USD Million, 2019-2032)


·        Air supply

·        Exhaust


End User Outlook (Revenue, USD Million, 2019-2032)


·        Residential

·        Non-residential


Sales Channel Outlook (Revenue, USD Million, 2019-2032)


·        Direct

·        Indirect


The Report Covers


Ø  Market Estimates and Forecast from 2019-2032

Ø  Growth Opportunity and Trend Analysis

Ø  Market Snapshot

Ø  Segment and Regional Revenue, Share, Trend Analysis

Ø  Competition Strategy, Acquisition and Merger Analysis, Company SWOT, and Company Market Share Analysis

Ø  COVID 19 Impact

Ø  Market Report in PDF, Interim in Excel, and PPT Version

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