Electric Kettle market 2021 Global analysis, opportunities and forecast to 2026

Electric Kettle Market

An electric kettle is a device used for boiling water as it is safe, easy to use, and doesn’t make noise while operating, which is why it is extensively used in the residential and commercial sectors. Rising spending power, favorable financing schemes, rapid urbanization, growing middle class, and changing lifestyles drive the market growth. Additionally, the growing demand for consumer durables in rural and semi-urban markets of developing economies is adding fuel to the market growth. However, high energy consumption, lack of efficient labeling guidelines, and slow technological progression might hamper the market growth. Some of the well-known brands of electric kettles include Philips HD 4649, Kenwood SJM 281, Bajaj Majesty KTX10, Usha Electric Kettle 3217, Hevells Titania, Prestige PKPWC 1.7, Morphy Richards, Rapido, Baltra Solid, Optima CK 2400, and Orient Actus KT 1801S.

The Major Players Covered in this Report:
Koninklijke Philips N.V., Aroma Housewares Company, Conair Corporation, Hamilton Beach Brands, Inc., SEB SA company, Breville USA, Inc., Cuisinart, Bonavitaworld, KENT RO Systems Ltd., EdgeCraft Corporation, SKYLINE HOME APPLIANCES, Lords Wear Private Limited 

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Electric Kettle Market Segmentation-

By Material Type- Stainless Steel, Plastic, Glass

By Capacity- Less than 1L, 1– 1.5L, Above 1.5L

By End-User- Residential, Commercial

Electric Kettle Market: Segmentation

The durability of the Stainless Steel Kettles to Drive the Segment Growth

The stainless steel segment dominates the electric kettles market as they are durable, does not release any bad taste in water, and good for health. However, these kettles are relatively expensive compared to the plastic and the glass segment, they provide good value for money, owing to which these kettles are witnessing a significant surge in demand. Additionally, the prominent players are actively working to improve the design of the kettles and are adopting various technologies, such as double-walled designs, to gain a competitive edge.

Regional Analysis For Electric Kettle Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Electric Kettle are as follows:

• History Year: 2014-2019
• Base Year: 2019
• Estimated Year: 2020
• Forecast Year 2021 to 2026

The study objectives of this report are:

• To study and forecast the market size of the Electric Kettle in the global market.
• To analyze the global key players, SWOT analysis, value, and global market share for top players.
• To define, describe and forecast the market by type, end-use, and region.
• To analyze and compare the market status and forecast among global major regions.
•  Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
• Identify the key trends and factors that are driving or holding back market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
• Strategic analysis of each submarket in light of individual growth trends and market contributions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• Complete analysis of the strategic strategy and growth of key players

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