Electric Kettle Market is expected to reach USD 6.21 Billion by 2031 and is expected to undergo a CAGR of 4.20%

"Electric Kettle Market Segmentation: Identifying Core Segments

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.

Electric Kettle Market CAGR Etimation

 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

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

Electric Kettle Market Growth or Demand Increase or Decrease for What Contains:

**Electric Kettle Market Analysis: 2023-2031**

The electric kettle market is expected to witness significant growth between 2023 and 2031, fueled by the increasing preference for convenient and energy-efficient kitchen appliances. The following analysis breaks down the market trends, growth drivers, and key players shaping the electric kettle industry during this period.

**Market Segments:**

- **Product Type**: Stainless Steel, Glass, Plastic
- **Capacity**: Less Than 1 Liter, 1-1.5 Liters, Above 1.5 Liters
- **Distribution Channel**: Online Retail, Offline Retail
- **End-User**: Residential, Commercial

The growth in the electric kettle market is attributed to the rising demand for quick and efficient boiling solutions in residential and commercial spaces. The rapid urbanization, changing consumer lifestyles, and increasing disposable income are key factors propelling the adoption of electric kettles. Additionally, the focus on energy efficiency and sustainability is driving the demand for electric kettles that consume less power while offering faster boiling times.

**Market Players:**

- Philips
- Russell Hobbs
- Bosch
- Breville
- Hamilton Beach
- Cuisinart
- KitchenAid
- Smeg
- Black+Decker
- Hamilton Beach
- Oster
- Bonavita
- Brentwood
- Chef's Choice
- Proctor Silex

These market players are actively participating in product innovations, strategic partnerships, and marketing initiatives to expand their customer base and gain a competitive edge in the electric kettle market. By leveraging advanced technologies and design innovations, these companies are introducing new features and functionalities in electric kettles to cater to evolving consumer preferences.

The electric kettle market is poised for significant growth in the coming years, driven by the increasing demand for convenient and energy-efficient kitchen appliances. With key players focusing on product innovation and market expansion strategies, the market is expected to witness a surge in adoption acrossThe electric kettle market is poised for robust growth from 2023 to 2031 due to several key factors driving demand and innovation within the industry. One of the primary growth drivers is the increasing preference for convenient and energy-efficient kitchen appliances among consumers. Electric kettles offer a quick and efficient solution for boiling water, making them popular in both residential and commercial settings. As urbanization continues to rise, and consumer lifestyles become busier, the need for time-saving kitchen appliances like electric kettles is also increasing. Moreover, with disposable incomes on the rise, consumers are more willing to invest in premium kitchen appliances that offer convenience and efficiency.

Another important factor contributing to the growth of the electric kettle market is the focus on energy efficiency and sustainability. Consumers are becoming more environmentally conscious and are actively seeking products that help reduce energy consumption. Electric kettles are seen as a more energy-efficient option compared to traditional stovetop kettles, as they only heat the water needed and can boil water faster, thereby saving both time and energy. This emphasis on sustainability is driving the demand for electric kettles that are not only efficient but also eco-friendly.

In terms of market segmentation, the electric kettle market is divided based on product type, capacity, distribution channels, and end-users. The product types include stainless steel, glass, and plastic electric kettles, each catering to different consumer preferences. The capacity of electric kettles also varies, with options ranging from less than 1 liter to above 1.5 liters to suit varying household or commercial needs. The distribution channels include online and offline retail, with online retail gaining popularity due to convenience and a wider range of options available. End-users of electric kettles include both residential and commercial customers, further expanding the market reach.

Key players in the electric kettle market are continuously innovating to stay competitive and meet the evolving needs of consumers. Companies like Philips, Russell Hobbs, Bosch, and Breville are investing in**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 set to experience substantial growth from 2023 to 2031, driven by various factors such as the increasing demand for convenient and energy-efficient kitchen appliances among consumers. The market is witnessing a surge in adoption as urbanization continues to rise, and consumer lifestyles become more fast-paced, leading to a higher need for time-saving kitchen solutions like electric kettles. Moreover, the escalation in disposable incomes allows consumers to invest in premium kitchen appliances that offer both convenience and efficiency. The focus on sustainability and energy efficiency is also a significant driver for the market, as electric kettles are perceived as more environmentally friendly compared to traditional stovetop kettles, thereby attracting eco-conscious consumers.

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