Electric Kettle Market By Raw material (Stainless steel, Plastic, Glass), By Application (Commercial, Household), By Distribution channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global electric kettle market was valued at $4.06 billion in 2021, and is projected to reach $6.08 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031. An electric kettle is a type of electrical appliance used to heat water. Electric kettles are used to make tea, but they may also be used to prepare coffee or rehydrate vegetables. They are available in stainless steel, plastic, and glass. Electric kettles are more popular among customers due to their versatility, durability, and aesthetic designs.
Rise in number of hotels, restaurants, corporate offices, and hospitals and increase in disposable income of consumer are the key factors that drive the growth of the global electric kettle market. Furthermore, increase in consumption of coffee &tea has encouraged consumers to use electric kettles at home, which led to considerable rise in sales of electric kettles for residential purposes. Availability of counterfeit products and concern about the safety of electric kettle market will be the reason for restraint the market.
The global electric kettle market is segmented into raw material, application, distribution channel, and region. By raw material, the market is categorized into stainless steel, plastic, glass, and others. On the basis of application, it is bifurcated into commercial and household. Depending on distribution channel, it is segregated into offline and online sales.Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, theUK, Spain, Italy,Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, Malaysia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE ,Nigeria, Saudi Arabia, South Africa, and rest of LAMEA).
The key players profiled in this report include Morphy Richards, Hamilton Beach, Spectrum Brands Holding, Breville Group, Aroma Houseware Company, Bajaj Electrical Limited, Cuisinart, Hario Company Limited, Helen ofTroy Limited, and Chef'schoice.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric kettle market analysis from 2021 to 2031 to identify the prevailing electric kettle market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the electric kettle market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global electric kettle market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
Commercial
Household
By Distribution channel
Offline
Online
By Raw material
Stainless steel
Plastic
Glass
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Spain
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Indonesia
Malaysia
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
UAE
Nigeria
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
morphy richards
Hamilton Beach Brands Holding Company
SPECTRUM BRANDS HOLDINGS
Breville Group Ltd
AROMA HOUSEWARE COMPANY
BAJAJ ELECTRICALS LIMITED
cuisinart
HARIO COMPANY LIMITED
Helen of Troy Limited
CHEF’S CHOICE
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