Electric Kettle Market Introduction and Overview
According to SPER market research, ‘Global Electric Kettle Market Size- By Raw Material, By Application, By Distributional Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Electric Kettle Market is predicted to reach 3.32 billion by 2034 with a CAGR of 5.89%.
An electric kettle is a kitchen tool that uses electricity to boil water rapidly and effectively. It is made out of a container with a handle, spout, and lid that has a hidden heating element at the bottom. When the heating element is plugged in and turned on, an electric current flows through it, transforming electrical energy into heat that is subsequently transmitted to the water to bring it to a boil. Modern electric kettles frequently have automatic shut-off features that, when the water reaches the boiling point, switch the kettle off. This improves safety and keeps the kettle from boiling dry.
Restraints: One of the many difficulties facing the electric kettle market is the fierce rivalry between producers who are attempting to set themselves apart from the competitors by utilizing technological advancements. Economic swings have an effect on production costs, especially when raw materials like metals and plastics have volatile prices, which reduces profitability. Furthermore, producers have to deal with intricate safety regulations and standards in several jurisdictions, which might demand a lot of resources.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Raw Material, By Application, By Distributional Channel.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Koninklijke Philips N.V., Aroma Housewares, Breville USA, Inc., Hamilton Beach Brands, Inc., Groupe SEB, Cuisinart, Electrolux, Morphy Richards Ltd, Chefs Choice, Havells India Ltd and others.
Electric Kettle Market Segmentation:
By Raw Material: Based on the Raw Material, Global Electric Kettle Market is segmented as; Stainless Steel, Plastic, Glass.
By Application: Based on the Application, Global Electric Kettle Market is segmented as; Residential, Commercial.
By Distributional Channel: Based on the Distributional Channel, Global Electric Kettle Market is segmented as; Online, Offline.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.
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