Electric Kettle Market Size, Trends, Share, Forecast 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “Electric Kettle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032” The global electric kettle market size is expected to exhibit a growth rate (CAGR) of 4.05% during 2024-2032.

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Factors Affecting the Growth of the Electric Kettle Industry:

 

• Energy Efficiency:

Electric kettles are designed to heat water quickly and efficiently. They use direct heating elements that directly transfer energy to the water, resulting in minimal energy loss. This efficiency translates into lower electricity consumption compared to heating water on a stovetop. Electric kettles are known for their rapid boiling capabilities, as they can bring water to a boil much faster compared to traditional stovetop kettles or heating water on a stove. This reduced heating time further contributes to energy savings.

 

• Safety Features:

Many electric kettles are equipped with automatic shut-off mechanisms that turn off the kettle once the water reaches its boiling point. This feature prevents overheating, boiling dry, and potential damage to the kettle. It also eliminates the risk of fire hazards associated with forgetting to turn off the stove. Electric kettles often come with boil-dry protection, which automatically switches off the heating element when there is insufficient water in the kettle. This prevents the heating element from getting damaged and ensures user safety.

 

• Technological Advancements:

Advancements in heating technology are leading to electric kettles that can boil water even faster than before. Some modern electric kettles are designed to operate quietly, which is appreciated in quiet environments, such as offices or homes with sleeping children. Many electric kettles offer precise temperature control settings, allowing users to heat water to specific temperatures suitable for different beverages, like coffee or tea. High-tech electric kettles often feature digital displays that show the current water temperature, making it easier for users to monitor the heating process.

Leading Companies Operating in the Global Electric Kettle Industry:

 

• 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)

 

• Zojirushi America Corporation (Zojirushi Corporation).

Electric Kettle Market Report Segmentation:

By Raw Material:

 

• Stainless Steel

 

• Plastic

 

• Glass

 

• Others

Stainless steel represented the largest segment due to its durability, resistance to corrosion, and aesthetic appeal.

By Application:

 

• Residential

 

• Commercial

Residential accounted for the largest market share as electric kettles are widely used in households for preparing beverages, soups, and other hot water-based applications.

Regional Insights:

 

• North America (United States, Canada)

 

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

 

• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

 

• Latin America (Brazil, Mexico, Others)

 

• Middle East and Africa

Asia Pacific enjoys the leading position in the electric kettle market on account of its large population, rapid urbanization, and a growing middle-class population.

Global Electric Kettle Market Trends:

Consumers are increasingly seeking electric kettles with energy-efficient features to reduce electricity consumption, aligning with sustainability goals and cost-saving initiatives. Smart electric kettles that can be controlled remotely via smartphone apps or integrated into smart home ecosystems are gaining traction, offering convenience and customization options.

Electric kettles with precise temperature control settings are in demand, catering to beverage enthusiasts who require specific water temperatures for various drinks like tea, coffee, and herbal infusions.

Other Key Points Covered in the Report:

 

• COVID-19 Impact

 

• Porters Five Forces Analysis

 

• Value Chain Analysis

 

• Strategic Recommendations

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