The Electric Kettles Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Electric Kettles Market?
The Electric Kettles market has experienced significant growth recently. The market size is projected to increase from $4.38 billion in 2024 to $4.65 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Electric Kettles Industry?
The Electric Kettles market is projected to reach a value of $5.81 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.7%.
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What are the Key Growth Drivers Fueling the Electric Kettles Market?
The drivers in the electric kettles market are:
• Rising consumer lifestyle changes
• Amplified health and safety concerns
• Heightened energy efficiency regulations
• Enhanced focus on design and aesthetics
• Growing environmental awareness
Global Market Segmentation: Identifying Major Electric Kettles Industry Segments
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
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What are the emerging Trends Shaping the Future of the Electric Kettles Market?
The trends in the electric kettles market are:
• Product innovations are an evolving trend in the electric kettles market.
• The formation of strategic partnerships is becoming more prevalent.
• Technological advancements are also shaping the market's future.
• Companies are increasingly investing in the production and improvement of electric kettles.
Who Are the Top Competitors & Leading Players in the Electric Kettles Market?
The major players in the electric kettles market are:
• Siemens AG
• Whirlpool Corporation
• Koninklijke Philips N
Regional Dominance: Which Area Leads the Global 2025 Electric Kettles Market Insights: Analyzing Size, Share & Growth Potential Market?
Asia-Pacific was the largest region in the electric kettles market in 2023
