Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Kitchen Chimney market grow even more. Market players are also undertaking a variety of strategic activities to spread their footprint, with important market developments including mergers and acquisitions, new product launches, contractual agreements, higher investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Kitchen Chimney industry must offer cost-effective items.
Manufacturing locally to minimize the operational costs is one of the key business tactics used by the manufacturers in the Kitchen Chimney industry to benefit the clients and increase the market sector. In recent years, the Kitchen Chimney industry has offered some of the most significant advantages to the kitchen appliance industry. Major players in the Kitchen Chimney market, including Asko Appliances, Vent-A-Hood, BSH Home Appliances Corporation, Elica S.p.A., Faber S.p.A., Falmec S.p.A., Miele Inc., Panasonic Corporation, Samsung Electronics, Whirlpool Corporation, and others, are trying to increase market demand by investing in the research and development operations.
Elica is an Italian company that specializes in the design and manufacture of kitchen appliances, particularly kitchen hoods, cooktops, and ovens. The company is renowned for its innovative and stylish kitchen ventilation solutions. Elica was founded in 1970 by Ermanno Casoli and has since become a leader in the kitchen appliance industry. The company's range of kitchen hoods, in particular, is known for its sleek and contemporary designs. Elica products are designed not only to efficiently remove cooking odors and fumes but also to enhance the overall kitchen environment.
In 2022, Elica, an Italian kitchen appliance manufacturer, announced a partnership with Whirlpool to develop and market a new range of kitchen chimneys in the Indian market. The partnership is aimed at leveraging Elica's expertise in kitchen chimney design and manufacturing with Whirlpool's strong brand presence and distribution network in India.
Faber has a presence and has been involved in the development of energy-efficient and environmentally friendly kitchen appliances. The company's product range often includes both traditional and modern designs to cater to a wide range of customer preferences. Faber's kitchen hoods, in particular, are recognized for their efficient ventilation and elegant designs. The company places a strong emphasis on combining advanced technology, functionality, and aesthetics in its product offerings. Faber hoods are designed not only to remove cooking odors and fumes but also to complement the overall kitchen décor.
In 2023, Faber, another Italian kitchen appliance manufacturer, announced a partnership with Siemens to develop and market a new range of smart kitchen chimneys in India. The partnership is aimed at bringing together Faber's expertise in kitchen chimney design and manufacturing with Siemens' expertise in smart home technology.