Electric Kettle Market – Industry Trends and Forecast to 2031Growth Drivers: Share, Value, Size, and Insights

"

 Electric Kettle Market Size And Forecast by 2031

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. Electric Kettle Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Electric Kettle Market Segmentation Analysis

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.


Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-electric-kettle-market

 Which are the top companies operating in the Electric Kettle Market?

The “Global Electric Kettle Market ”study report will provide a valuable insight with an emphasis on the global 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.

**Segments**

- On the basis of product type, the Electric Kettle Market is segmented into traditional electric kettles and electric tea kettle.
- By material type, the market is segmented into stainless steel, glass, and plastic.
- Based on capacity, the market is divided into up to 1 liter, 1-2 liters, 2-4 liters, and above 4 liters.
- Considering the distribution channel, the market is categorized into online retail, specialty stores, supermarkets/hypermarkets, and others.

The electric kettle market is expected to witness substantial growth from 2023 to 2031. Factors such as the increasing preference for convenient and time-saving kitchen appliances, the rising popularity of hot beverages like coffee and tea, and the growing awareness regarding energy efficiency are driving the market's expansion. The traditional electric kettles segment is likely to dominate the market due to their widespread usage and affordability. However, the electric tea kettle segment is expected to experience rapid growth owing to the increasing consumption of herbal teas and the rising trend of health and wellness awareness among consumers. Market players are focusing on introducing innovative features like programmable settings, temperature control, and energy-saving modes to attract a larger consumer base.

**Market Players**

- Breville Group Limited
- Cuisinart
- Hamilton Beach Brands, Inc.
- TTK Prestige Ltd.
- Koninklijke Philips N.V.
- GROUPE SEB INDIA PRIVATE LTD
- Aroma Housewares Company
- Chef'sChoice (EdgeCraft Corporation)

These key players in the electric kettle market are engaged in strategic initiatives like product launches, acquisitions, partnerships, and collaborations to gain a competitive edge in the market. The market is characterized by intense competition, and companies are investing in research and development activities to innovate their product offerings and meet the evolving consumer demands. The market players are also focusing on expanding their distribution networks and strengthening their online presence to enhance their market reach and visibility. With the increasingThe electric kettle market is poised for significant growth as consumer preferences shift towards convenient and time-saving kitchen appliances. The convenience offered by electric kettles in quickly boiling water for a variety of hot beverages such as coffee and tea is a key driver fueling market expansion. Additionally, the increasing awareness of energy efficiency is influencing consumers to opt for electric kettles over traditional stovetop methods, further boosting market demand. Within the market segments, traditional electric kettles are expected to maintain their dominance, driven by their affordability and widespread usage in households globally. However, the electric tea kettle segment is anticipated to exhibit rapid growth due to the rising popularity of herbal teas and the increasing emphasis on health and wellness among consumers.

Market players in the electric kettle industry, such as Breville Group Limited, Cuisinart, and Hamilton Beach Brands, Inc., are actively pursuing strategic initiatives to strengthen their market presence. Product launches play a crucial role in the competitive landscape as companies strive to introduce innovative features like programmable settings, temperature control, and energy-saving modes to attract a broader consumer base. Partnerships and collaborations are also common strategies employed by key players to enhance their product offerings, expand their market reach, and drive revenue growth. Additionally, acquisitions are utilized to gain access to new technologies, market segments, or distribution channels, positioning companies for sustained success in the evolving market landscape.

The distribution channel plays a vital role in reaching consumers, with online retail, specialty stores, supermarkets/hypermarkets, and other channels serving as key avenues for product sales. Market players are focusing on strengthening their distribution networks and enhancing their online presence to cater to a broader audience and capitalize on the growing trend of e-commerce. By leveraging digital platforms, companies can connect with consumers directly, offer personalized shopping experiences, and drive brand loyalty. Moreover, investing in customer engagement strategies and after-sales services helps in building long-term relationships with consumers and fostering brand advocacy in the competitive market environment.

As the electric kettle market continues to evolve**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 is a dynamic industry witnessing significant growth propelled by shifting consumer preferences towards convenient and time-saving kitchen appliances. Electric kettles have gained popularity due to their efficiency in boiling water for hot beverages like coffee and tea, aligning with the increasing demand for on-the-go lifestyles. Moreover, the emphasis on energy efficiency and sustainability has further boosted the adoption of electric kettles over traditional methods. The traditional electric kettles continue to lead the market due to their affordability and widespread use, catering to a broad consumer base globally.

Innovative features such as programmable settings, temperature control, and energy-saving modes have become essential for market players to differentiate their products and attract consumers. Strategic initiatives like product launches, partnerships

Explore Further Details about This Research Electric Kettle Market Report https://www.databridgemarketresearch.com/reports/global-electric-kettle-market

Research Methodology of Data bridge Market Research:

Data Bridge Market Research typically follows a comprehensive research methodology for analyzing and reporting on market trends, including the Electric Kettle Market. The research methodology generally involves the following steps:

1. Data Collection

• Primary Research: This involves conducting interviews, surveys, and direct interactions with industry experts, market participants, and key opinion leaders. Primary data is crucial for gaining insights into the market's current dynamics, trends, and growth factors.


• Secondary Research: This includes gathering data from publicly available sources like company reports, press releases, industry journals, government publications, and reputable databases. Secondary research helps in understanding the market's historical trends and the competitive landscape.

2. Market Segmentation and Data Analysis

• Segmentation: The Electric Kettle Market is segmented based on various factors such as type, application, region, and end-user. This segmentation allows for a more detailed analysis of each Electric Kettle Market segment.


• Data Analysis: Advanced analytical tools and techniques, such as SWOT analysis, PESTLE analysis, Porter’s Five Forces analysis, and regression analysis, are used to interpret the data. These tools help in identifying key market trends, growth drivers, opportunities, and challenges.

3. Market Estimation

• Top-Down and Bottom-Up Approaches: These approaches are used to estimate and validate the market size. The top-down approach involves analyzing the overall market and then narrowing it down to specific segments, while the bottom-up approach starts from individual segments and aggregates them to estimate the total market size.


• Data Triangulation: Multiple data sources are compared and analyzed to ensure the accuracy and reliability of the market estimates.

4. Validation

• Expert Validation: The findings and market estimates are validated through discussions with industry experts and key stakeholders. This step ensures that the data and insights are accurate and reflect the market reality.


• Cross-Verification: The data is cross-verified with multiple sources to ensure consistency and accuracy.

5. Report Compilation and Presentation

• Drafting the Report: Once the data analysis is complete, the findings are compiled into a comprehensive report. The report includes a detailed analysis of market trends, forecasts, competitive landscape, and strategic recommendations.


• Final Review: The report undergoes a final review to ensure that it meets the quality standards and provides valuable insights to the clients.

6. Ongoing Updates

• Continuous Monitoring: The market is continuously monitored, and the reports are updated periodically to reflect the latest market trends and developments.

This structured approach ensures that the research conducted by Data Bridge Market Research is thorough, accurate, and provides actionable insights for stakeholders in the Electric Kettle Market.

Browse More Reports:

Asia-Pacific Virtual Reality Market 
Europe Virtual Reality Market 
Middle East and Africa Virtual Reality Market 
North America Virtual Reality Market 
U.S. Driving Simulator Market 
North America hydrogen storage Market 
Sports Apparel Market 
Dialysis Concentrates Market 
Spun Yarn Paper Cone Market 
Gaskets and Seals Market 
Textile Market 
Button Mushroom Cultivation Market 
Screw Top Jar Market 
Muscle Relaxants Market 
Automotive Aftermarket Glass Market 
Bread Premixes Market 
Printed Textile Market 

Data Bridge Market Research:

Today's trends are a great way to predict future events!

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC: +653 1251 975

Email:- [email protected]"