Key Influencer in the Electric Kettles Market 2025: Gas Price Surge Sparks Surge in Electric Kettle Market Demand Driver

What Is the Forecasted Market Size and Growth Rate for the Electric Kettles Market?
The market size for electric kettles has seen a considerable increase in the past few years. The expected growth is from $4.38 billion in 2024 to $4.65 billion in 2025, recording a compound annual growth rate (CAGR) of 6.1%. The notable growth during the historical period is due to factors like changes in consumer lifestyles, enhanced focus on health and safety, stricter energy efficiency rules, emphasis on design and aesthetics, and rising awareness about the environment.

In the coming years, the electric kettles market size is projected to experience robust growth. The market is set to expand to $5.81 billion in 2029, with a compound annual growth rate (CAGR) of 5.7%. The growth in this period can be credited to factors such as increasing convenience and time-saving features, urbanization, a shift towards electric appliances, and rising demand for electric appliances. During the forecast period, key trends are anticipated, including product innovations, partnerships, technological advancements, and company investments in electric kettles.

What Is Driving the Growth Trajectory of the Electric Kettles Market?
The electric kettle market is anticipated to grow due to the increasing costs of natural gas and gasoline. These gases, which serve multiple purposes such as warming households, cooking food, and powering vehicles, have experienced a surge in prices due to fluctuating exchange rates, taxes, and regulations. In the wake of such rising costs, consumers are turning towards energy-efficient alternatives that can function without relying on gas-based appliances and can alleviate the effects of mounting fuel expenses on domestic budgets. Electric kettles are seen as a valuable and efficient kitchen gadget due to their ability to heat water conveniently and safely. For instance, as per a report by the U.S. Energy Information Administration (EIA) in September 2024, the average price of midgrade gasoline in 2023 was roughly 52 cents per gallon more than regular-grade gasoline, and premium-grade gasoline averaged about 85 cents more per gallon than regular-grades. Therefore, the escalating gas prices play a crucial role in fuelling the growth of the electric kettle market.

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Which Businesses Are at the Forefront of Electric Kettles Market Development?
Major companies operating in the electric kettles market are Siemens AG, Whirlpool Corporation, Koninklijke Philips N.V., Stanley Black & Decker Inc., Electrolux AB, Groupe SEB SA, De'Longhi Group, Breville Group, Hamilton Beach Brands Inc., Braun GmbH, Aroma Housewares Company, Chefman LLC, Conair Corporation, Sunbeam Products Inc., Russell Hobbs Inc., Bella Housewares, Proctor Silex Ltd., Gourmia Inc., Morphy Richards Limited, Bodum USA Inc., StoreBound LLC, Brentwood Appliances Inc., Sensio Inc., Sunbeam Corp., Kenwood Limited

What Are the Latest Innovations in the Electric Kettles Market?
Businesses in the electric kettle industry are introducing innovative, high-value products such as thermostatic kettles, incorporating app connectivity to improve their product range and bolster their portfolio. Kettles with thermostatic capabilities and app integration are revolutionary kitchen tools that provide exact temperature control and can be remotely operated using a smartphone app. Through the use of advanced thermostatic tech, users can precisely control and sustain specific water temperatures. For example, in November 2022, China's tech firm Xiaomi launched the Xiaomi MIJIA Thermostatic Kettle 2 Pro in China, which can be tailored via the MIJIA app. With a 1.7-liter capacity, it comes with a digital LED indicator and delivers swift 1800W heating, while also maintaining warmth for up to 24 hours. It also features an intelligent light ring, large buttons, and an effective noise-dampening coating. The MIJIA app gives users the ability to pre-set the temperature and adjust the heat preservation duration based on personal preferences.

How Is the Electric Kettles Market Segmented?
The electric kettles market covered in this report is segmented -

1) By Type: See Through, Opaque
2) By Raw Material: Stainless Steel, Plastic, Glass, Other Raw Materials
3) By Distribution Channel: Offline, Online Stores, Other Distribution Channels
4) By Application: Residential, Commercial

Subsegments:
1) By See Through: Glass Electric Kettles, Plastic Or Glass Hybrid Electric Kettles
2) By Opaque: Stainless Steel Electric Kettles, Plastic Electric Kettles, Other Opaque Material Electric Kettles

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Where Is the Electric Kettles Market Growth Most Prominent?
Asia-Pacific was the largest region in the electric kettles market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric kettles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Electric Kettles Global Market Report?

- Market Size Analysis: Analyze the Electric Kettles Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electric Kettles Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electric Kettles Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electric Kettles Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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