Electric Kettles Market on Track for Strong Growth, Estimated to Grow at 4.7% CAGR Through 2029

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What Is the Expected CAGR for the Electric Kettles Market Through 2025?
In past years, there has been a consistent increase in the market size of electric kettles. It is predicted to escalate from $4.38 billion in 2024 to $4.56 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.1%. This growth during the historic period is linked to several factors, including changes in consumer lifestyle, augmented health and safety considerations, stricter energy efficiency regulations, improvements in design and aesthetics, and heightened environmental consciousness.

What's the Projected Size of the Global Electric Kettles Market by 2029?
In the coming years, the electric kettles market is anticipated to experience consistent expansion, with its valuation estimated to be $5.5 billion in 2029, reflecting a compound annual growth rate (CAGR) of 4.7%. The predicted growth in this timeframe is due to factors such as enhanced convenience and time efficiency, urbanisation, a move towards electric appliances, and heightened demand for such appliances. The forecast period is likely to see key trends including product innovation, strategic partnerships, tech advancements, and substantial corporate investments in the domain of electric kettles.

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Top Growth Drivers in the Electric Kettles Industry: What's Accelerating the Market?
The anticipated increase in gas prices is predicted to boost the electric kettle market's expansion in the future. Gas, in this context, refers to substances like natural gas or gasoline in their gaseous states, used for a variety of applications, such as heating, cooking, and running vehicles. This surge in gas prices is attributed to elements like fluctuating exchange rates, taxes, and regulations. To heat water, consumers are looking for more energy-efficient alternatives, decreasing their dependency on gas-operated appliances, and lessening the ramifications of escalating fuel expenses on their domestic budgets. Electric kettles have become a crucial household appliance due to their convenience, efficiency, and safety when boiling water. For example, the U.S. Energy Information Administration (EIA), a statistical and analytical agency based in the US, reported in September 2024 that in 2023, the national average cost of midgrade gasoline was about 52 cents per gallon more than that of regular-grade gasoline, and premium-grade gasoline averaged around 85 cents more per gallon than regular-grade. Therefore, the surge in gas prices is contributing to the development of the electric kettle market.

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Which Emerging Trends Are Transforming the Electric Kettles Market in 2025?
Firms involved in the manufacturing of electric kettles are developing advanced products leaping towards technology, such as thermostatic kettles, embracing app connectivity to enhance their product range and improve their overall offerings. Kettles equipped with thermostatic capability and app connectivity are a fresh addition to kitchen appliances, providing pinpoint control over temperature and the convenience to operate remotely through a mobile app. They employ cutting-edge thermostatic technology, allowing consumers to precisely maintain desired water temperatures. For example, Xiaomi, a tech-based company from China, rolled out the Xiaomi MIJIA Thermostatic Kettle 2 Pro in November 2022. This innovation, which is customized via the MIJIA app, was introduced in China. It has a considerable capacity of 1.7 liters and houses a digital LED panel. The device enables quick 1800W heating and retains the heat for an impressive 24 hours. It offers additional features like a smart light ring, large buttons, and an effective noise-dampening coating. The MIJIA app gives users the flexibility to preset temperature and modify the heat retention period based on their requirements.

What Are the Main Segments in the Electric Kettles Market?
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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Which Top Companies are Driving Growth in the Electric Kettles Market?
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

Which Regions Will Dominate the Electric Kettles Market Through 2029?
Asia-Pacific was the largest region in the electric kettles market in 2024. 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.

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