Electric Kettle Market Introduction and Overview
According to SPER Market Research, the Global Electric Kettle Market is estimated to reach USD 3.32 billion by 2034 with a CAGR of 5.89%.
The report includes an in-depth analysis of the Global Electric Kettle Market, including market size and trends, product mix, Applications, and supplier analysis. The size of the worldwide market for electric kettles is expected to increase significantly over the next several years. Over the next several years, it is anticipated that the growing significance of preserving resources, such as oil and gasoline, would increase demand for environmentally friendly electric equipment like electric kettles. It is anticipated that the demand for electric kettles among those with lower incomes will be limited by their high price. Additionally, customers' substantial needs for repair and maintenance of electric kettle devices have formed a barrier to the industry's expansion.
By Raw Material Insights: Electric Kettle is classified into three categories: Stainless steel, Plastic, Glass. Due to its longevity, stainless steel is predicted to see substantial increase in the upcoming years. To avoid lime scale accumulation inside the product, certain of these steel kettles are constructed with a scale filter. Furthermore, businesses are offering double-walled designs to protect customers from hot weather issues. Throughout the projected period, plastic is anticipated to increase at the quickest rate. Plastic materials' light weight and portability should increase the product's usefulness in the production of kettle items.
By Application Insights: The market for Electric Kettle is segmented based on applications, including Residential, Commercial. In the years to come, the residential category is predicted to develop at the fastest rate. The increasing number of working-class people worldwide is anticipated to encourage the use of kitchen appliances, which save consumers time. The extensive use of electric kettles in the hospitality sector, which includes hotels and restaurants, is anticipated to propel the commercial application segment's growth. For instance, an electric kettle can swiftly bring water to a boil, allowing hotels and restaurants to serve patrons more quickly.
By Distributional Channel Insights: The market for Electric Kettle is divided into many Distributional Channel, including Online, Offline. The growing demand for buying electrical items, such as electric kettles, from physical stores is predicted to give the offline distribution channel a sizable market share. In order to fully comprehend the features of the products through presentations and demonstrations by sales professionals, consumers typically choose to purchase electronic equipment from specialty stores. The growing global shopping trends are also expected to drive the quickest growth in the online segment in the years to come.
By Regional Insights: The electric kettle market in the US is anticipated to expand quickly during the forecast period. Electric kettles are a great fit for American customers' hectic lifestyles due to their efficiency and ease. Those who need a quick cup of tea or instant coffee will save time because electric kettles boil water faster than traditional stovetop strategies. Electric kettles are among the kitchen appliances that individuals have upgraded to improve their home living experience as a result of the growing popularity of remote work.
Market Competitive Landscape:
As consumer demands for electric kettles continue to grow, manufacturers are responding by offering improved solutions. This is anticipated to continue to be a major approach used by producers to expand their market reach. Some of the key market players are Koninklijke Philips N.V., Aroma Housewares, Breville USA, Inc., Hamilton Beach Brands, Inc., Groupe SEB, Cuisinart, Electrolux, Morphy Richards Ltd and Chef’s Choice, Havells India Ltd.
Recent Developments:
- In January 2023, Hamilton introduced the Beach Smart Kettle, which has Alexa built in for smooth operation. Smart technology integration improves user convenience and is a significant development in the field of electric kettles.
- In March 2024, The Stoke Voltaics Electric Kettle Pot was introduced by Stoke Voltaics. It is a small, electrically driven, multipurpose cooking tool.
- In April 2023, Cuisinart, Blendi, and four other retail brands were among the brands Hirsch cooperated with. The aforementioned collaborations exemplified Hirsch's objective of becoming the only retail brand destination for promotional distributors.
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. |
Key Topics Covered in the Report:
- Global Electric Kettle Market Size (FY’2021-FY’2034)
- Overview of Global Electric Kettle Market
- Segmentation of Global Electric Kettle Market By Raw Material (Stainless Steel, Plastic, Glass)
- Segmentation of Global Electric Kettle Market By Application (Residential, Commercial)
- Segmentation of Global Electric Kettle Market By Distributional Channel (Online, Offline)
- Statistical Snap of Global Electric Kettle Market
- Expansion Analysis of Global Electric Kettle Market
- Problems and Obstacles in Global Electric Kettle Market
- Competitive Landscape in the Global Electric Kettle Market
- Details on Current Investment in Global Electric Kettle Market
- Competitive Analysis of Global Electric Kettle Market
- Prominent Players in the Global Electric Kettle Market
- SWOT Analysis of Global Electric Kettle Market
- Global Electric Kettle Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Electric Kettle Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electric Kettle Market
7. Global Electric Kettle Market, By Raw Material (USD Million) 2021-2034
7.1. Stainless Steel
7.2. Plastic
7.3. Glass
8. Global Electric Kettle Market, By Application (USD Million) 2021-2034
8.1. Residential
8.2. Commercial
9. Global Electric Kettle Market, By Distributional Channel (USD Million) 2021-2034
9.1. Online
9.2. Offline
10. Global Electric Kettle Market, (USD Million) 2021-2034
10.1. Global Electric Kettle Market Size and Market Share
11. Global Electric Kettle Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. Aroma Housewares
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Breville USA, Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Chefs Choice by EdgeCraft
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Cuisinart
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Electrolux
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Groupe SEB
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Hamilton Beach Brands, Inc.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Havells India Ltd
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Koninklijke Philips N.V.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Morphy Richards Ltd
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
