Electric Kettle Market Size, Share, Industry, Forecast

Comments · 13 Views

Data Bridge Market Research analyses the global electric kettle market was valued at USD 4.47 billion in 2023 and is expected to reach USD 6.21 billion by 2031, registering a CAGR of 4.20% during the forecast period of 2024-2031.

"The comprehensive  Electric Kettle Market report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in the Electric Kettle Market industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players. All the data and information involved in the report is taken from incredibly trustworthy sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. A number of estimations and calculations have been executed in the world class Electric Kettle Market research report by assuming definite base year and the historic year.

By synchronizing with project managers, the team provide the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. It includes the detailed profiles for the Electric Kettle Market’s major manufacturers and importers who are influencing the market. To achieve success in the competition of global market place, going for the worldwide Electric Kettle Market research report is the key. The report takes into account all the opportunities, challenges, drivers, market structures, and competitive landscape for the clients.

Data Bridge Market Research analyses the global electric kettle market was valued at USD 4.47 billion in 2023 and is expected to reach USD 6.21 billion by 2031, registering a CAGR of 4.20% during the forecast period of 2024-2031.

Explore Further Details about This Research Electric Kettle Market Report https://www.databridgemarketresearch.com/reports/global-electric-kettle-market

Report Scope and Market Segmentation

REPORT METRIC

DETAILS

Forecast Period

2024-2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Raw Material (Stainless Steel, Plastic, Glass, and Others), Type (See Through, and Opaque), Capacity (Less than 1L, 1– 1.5L, and Above 1.5L), Application (Residential, and Commercial), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Online Stores, and Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Aroma Housewares (U.S.), Conair Hospitality (U.S.), Hamilton Beach Brands, Inc. (U.S.), Groupe SEB (India), Cuisinart (U.S.), Breville USA (U.S.), Koninklijke Philips N.V. (Netherlands), Chef's Choice by EdgeCraft (U.S.), Sai Enterprises (India), Impex Webstore.(U.K.), SKYLINE HOME APPLIANCES (India), lordsindia (India), BOSS INDIA (India), Troop Comforts Limited (India), TTK Prestige Ltd. (India), and LAZER INDIA PRIVATE LIMITED (India).

Market Opportunities

  • Integration of Voice-Activated Controls Leads to Hands-Free Operation
  • Technological Advancements Enhances User Experience

Market Definition

An electric kettle is a kitchen essential designed for the rapid boiling of water, ideal for swiftly preparing coffee, tea, soups, and various beverages. Crafted from heat-conductive materials, typically metals, these appliances ensure efficient heating. Incorporating a safety control feature, they automatically power off after a designated time, preventing unnecessary electricity consumption and enhancing user safety.

Global Electric Kettle Market Dynamics

Drivers

  • Growing Awareness Leads to Rise in Adoption of Energy-Efficient Electric Kettles

As individuals become more conscious of their environmental impact, there is a rising adoption of energy-efficient electric kettles. Consumers are actively seeking appliances that fulfill their needs and contribute to sustainability efforts. This heightened awareness is driving manufacturers to innovate and produce electric kettles with enhanced energy efficiency, propelling the growth of the global electric kettle market.

  • Time-Efficient Solutions Elevate Electric Kettle Popularity

As consumers prioritize convenience, electric kettles offer a swift and energy-efficient way to boil water for various purposes. Their quick heating capabilities and user-friendly features make them a popular choice, especially in fast-paced lifestyles. The market's expansion is fueled by the inherent time-saving benefits these appliances provide, catering to the evolving needs of modern consumers.

Opportunities

  • Integration of Voice-Activated Controls Leads to Hands-Free Operation

With the rising demand for smart home appliances, voice-activated features offer a futuristic and seamless user experience. This technology allows consumers to control electric kettles effortlessly, promoting safety and efficiency. As the trend towards smart homes continues to grow, electric kettle manufacturers incorporating voice-activated controls can reach a growing market segment, attracting tech-savvy consumers seeking innovative and convenient solutions.

  • Technological Advancements Enhances User Experience

Integration of smart features such as temperature control, Wi-Fi connectivity, and mobile app compatibility enables users to customize and monitor their boiling experience remotely. Innovations such as rapid heating technology and energy efficiency further contribute to a seamless and efficient user experience. These advancements improve convenience and cater to the growing demand for smart and eco-friendly appliances, positioning the market for sustained growth in the increasingly tech-savvy consumer landscape.

What insights readers can gather from the Electric Kettle Market report?

  • Learn the behavior pattern of every Electric Kettle Market -product launches, expansions, collaborations and acquisitions in the market currently.
  • Examine and study the progress outlook of the global Electric Kettle Market landscape, which includes, revenue, production consumption and historical forecast.
  • Understand important drivers, restraints, opportunities and trends (DROT Analysis).
  • Important trends, such as carbon footprint, RD developments, prototype technologies, and globalization

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Electric Kettle Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Electric Kettle Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Electric Kettle Market size

Browse Related Reports:  

Cloud Access Security Broker Market Size And Share Analysis Report,

Radar Level Transmitter Market by Size, Share, Forecast, Trends

Marketing Automation Software Market Size Report- Industry Growth Analysis

Asia-Pacific Aesthetic Dermatology Market Size, Industry Share Forecast

Europe Topical Skin Adhesive Market Size, Share, Growth | Opportunities,

Plant-based Beverages Market Size, Share Analysis Report

Asia-Pacific Plant-Based Beverages Market Size, Share, Growth Analysis

Europe Plant-Based Beverages Market Size, Share, Growth

North America Plant-Based Beverages Market Demand,Size ,Share, Industry

About Data Bridge Market Research:

 US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com

"

Comments
AWeber Smart Designer