"Global Electric Kettle Market, By 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) – Industry Trends and Forecast to 2031.
The Electric Kettle Market sector is rapidly evolving, with substantial growth and advancements anticipated by 2031. Comprehensive market research provides an in-depth analysis of market size, share, and trends, offering crucial insights into its expansion. The report delves into market segmentation and definitions, highlighting key components and drivers. By utilizing SWOT and PESTEL analyses, it assesses the market's strengths, weaknesses, opportunities, and threats, along with political, economic, social, technological, environmental, and legal factors.
Electric Kettle Market Industry Trends and Forecast to 2031
What are the projected market size and growth rate of the Electric Kettle Market?
Data Bridge Market Research analyses that the Global Electric Kettle Market which was USD 4.47 Thousand in 2023 is expected to reach USD 6.21 Billion by 2031 and is expected to undergo a CAGR of 4.20% during the forecast period of 2023 to 2031
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Which are the top companies operating in the Electric Kettle Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Electric Kettle Market extension. This Electric Kettle Market report provides the information of the Top 10 Companies in Electric Kettle Market in the market their business strategy, financial situation etc.
**2023 Market Analysis:**
- The electric kettle market in 2023 is expected to witness steady growth due to the increasing consumer preference for convenient and efficient kitchen appliances. The market is likely to experience a rise in demand as more individuals opt for quick and easy ways to boil water for various purposes such as making tea, coffee, or instant meals. Technological advancements leading to the development of smart electric kettles with features like temperature control and connectivity options are anticipated to drive market growth further. Additionally, the rising awareness regarding energy efficiency and the eco-friendly nature of electric kettles compared to traditional stovetop kettles will also contribute to market expansion.
**2031 Market Analysis:**
- By 2031, the electric kettle market is projected to have evolved significantly, with advanced features and innovative designs catering to the diverse needs of consumers. The market is expected to witness robust growth driven by factors such as urbanization, increased disposable income, and a shift towards smart home appliances. Smart electric kettles with voice control capabilities, energy-saving modes, and seamless connectivity with other smart devices are likely to gain popularity among tech-savvy consumers. Furthermore, the growing emphasis on sustainability and energy efficiency will continue to be key factors shaping the market landscape, with manufacturers focusing on developing eco-friendly materials and reducing carbon footprint in the production process.
**Market Players:**
- Some of the key players in the global electric kettle market include:
- Philips
- Breville
- Cuisinart
- Hamilton Beach Brands
- Russell Hobbs
- SMEG
- OXO
- Bonavita
- Chef'sChoice
- Bella Housewares
The competitive landscape of the electric kettle market is characterized by innovation, product differentiation, and strategic partnerships. Companies are increasingly focusing on product development to offer enhanced features and functionalities that meet consumer preferences. Partnerships with e-commerce platforms and retail chains are also being leverThe electric kettle market has been witnessing significant growth and evolution over the years, with 2023 and 2031 poised to bring even more advancements and opportunities for market players. In 2023, the market is expected to see steady growth driven by the increasing consumer preference for convenient and efficient kitchen appliances. The demand for electric kettles is likely to rise as consumers seek quick and easy ways to boil water for various purposes like making tea, coffee, or instant meals. Furthermore, technological advancements leading to the development of smart electric kettles with features such as temperature control and connectivity options are anticipated to further boost market growth. The rising awareness regarding energy efficiency and the eco-friendly nature of electric kettles compared to traditional stovetop kettles will also contribute to market expansion.
Looking ahead to 2031, the electric kettle market is projected to have evolved significantly with advanced features and innovative designs that cater to the diverse needs of consumers. Factors such as urbanization, increased disposable income, and a shift towards smart home appliances are expected to drive robust growth in the market. Smart electric kettles with features like voice control capabilities, energy-saving modes, and seamless connectivity with other smart devices are likely to gain popularity among tech-savvy consumers. Moreover, the growing emphasis on sustainability and energy efficiency will continue to shape the market landscape, with manufacturers focusing on developing eco-friendly materials and reducing carbon footprint in the production process.
In terms of market players, some of the key players in the global electric kettle market include Philips, Breville, Cuisinart, Hamilton Beach Brands, Russell Hobbs, SMEG, OXO, Bonavita, Chef'sChoice, and Bella Housewares. The competitive landscape of the electric kettle market is characterized by innovation, product differentiation, and strategic partnerships. Companies are increasingly focusing on product development to offer enhanced features and functionalities that align with consumer preferences. Moreover, partnerships with e-commerce platforms and retail chains are being leveraged to expand**Market Players:**
- 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)
- LAZER INDIA PRIVATE LIMITED (India)
The electric kettle market has been evolving at a rapid pace, with 2023 and 2031 set to bring about significant advancements and opportunities for market players. In 2023, the market is expected to witness steady growth driven by the increasing consumer preference for convenient and efficient kitchen appliances. The demand for electric kettles is anticipated to rise as consumers seek quick and easy ways to boil water for various purposes such as making tea, coffee, or instant meals. Moreover, technological innovations leading to the development of smart electric kettles with features like temperature control and connectivity options are likely to further propel market growth. Additionally, the growing awareness surrounding energy efficiency and the eco-friendly aspects of electric kettles compared to traditional st
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