The global electric kettle market is expected to exhibit a CAGR of 4.6% during 2022-2027.
An electric kettle is a kitchen appliance that assists in boiling water that can be used for the preparation of tea, coffee, soups, and other beverages instantly. It is generally made using materials that help conduct heat efficiently, such as metals. It offers a control safety feature that automatically turns off the device after a certain amount of time, thereby avoiding electricity wastage. As it is convenient, portable, easy to use, time-effective, and energy-saving, it is gaining immense popularity among individuals over other water heating methods like stovetop kettles. Presently, its sales are increasing around the world as it is available in varied shapes, sizes and colorful enamel coatings.
Electric Kettle Market Trends:
Rising purchasing power, rapid urbanization, and changing lifestyles are catalyzing the demand for cost-efficient and lightweight, transparent electric kettles. As these kettles help meet energy targets, the growing awareness about energy conservation among individuals is supporting the market growth. Moreover, the increasing popularity of modern consumer durables and high-end electronic devices is escalating the adoption of electric kettles in the residential and commercial sectors. Additionally, the rising number of food and beverage (F&B) service outlets is positively influencing the market growth. The leading players are also developing innovative electric kettles with adjustable backlight, scheduled heating, power consumption monitors, and remote-control features. This, in confluence with the emerging smart home trend, is anticipated to boost the sales of electric kettles worldwide on account of their user-friendly interface, advanced characteristics, and aesthetic design.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electric kettle market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on raw material and application.
Breakup by Raw Material:
- Stainless Steel
Breakup by Application:
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aroma Housewares Company, bonavitaworld.com, Breville USA Inc. (Breville Group Ltd), Chef's Choice, Electrolux AB, Hamilton Beach Brands Inc., Koninklijke Philips N.V., Morphy Richards Ltd, Zhejiang Supor Co. Ltd (Groupe SEB) and Zojirushi America Corporation (Zojirushi Corporation).
|Base Year of the Analysis
||Raw Material, Application, Region
|| Asia-Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Aroma Housewares Company, bonavitaworld.com, Breville USA Inc. (Breville Group Ltd), Chef's Choice, Electrolux AB, Hamilton Beach Brands Inc., Koninklijke Philips N.V., Morphy Richards Ltd, Zhejiang Supor Co. Ltd (Groupe SEB) and Zojirushi America Corporation (Zojirushi Corporation)
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Key Questions Answered in This Report:
- How has the global electric kettle market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global electric kettle market?
- What are the key regional markets?
- What is the breakup of the market based on the raw material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global electric kettle market and who are the key players?
- What is the degree of competition in the industry?