Electric Kettles Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

An electric kettle, sometimes called a tea kettle or teakettle, is a type of pot specialized for boiling water, commonly with a lid, spout, and handle, or a small electric kitchen appliance of similar shape that functions in a self-contained manner. Kettles can be heated either by placing on a stove, or by their own internal electric heating element in the appliance versions.

MARKET DYNAMICS

The rising importance of conservation of sources including oil and gasoline is expected to expand the scope of the eco-friendly electric kettle as a sustainable source in household applications over the next few years. Over the past few years, the growing working population has led to the need to save cooking time, which is promoting the product's consumption. A large number of consumers prefer to purchase this product for a hassle-free water boil process. Growing application of hot beverages in developing economies, coupled with technological developments in the kitchen appliances industry, will have a strong impact on the industry growth.

MARKET SCOPE

The "Global Electric Kettles Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the electric kettles market with detailed market segmentation by material and distribution channel. The global electric kettles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric kettles market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The electric kettles market is segmented into material, and distribution channel. By material, the electric kettles market is bifurcated into stainless steel, glass and others. By distribution channel, the electric kettles market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the electric kettles market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The electric kettles market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the electric kettles market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the electric kettles market in these regions.

MARKET PLAYERS

The report covers vital developments in the electric kettles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the electric kettles market are anticipated to lucrative growth opportunities in the future with the rising demand for electric kettles in the global market. Below mentioned is the list of few companies engaged in the electric kettles market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electric kettles market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•  Aroma Housewares Company
  
•  Conair Hospitality
  
•  Hamilton Beach Brands Inc.
  
•  Tefal
  
•  Cuisinart
  
•  Breville USA, Inc.
  
•  Orient Electric
  
•  Chef's Choice by EdgeCraft
  
•  Koninklijke Philips N.V.
  
•  SUPOR
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Electric Kettles Report Scope