Electric Kettle Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025

Description

The Global Electric Kettle Market reached USD 4.9 billion in 2024 and is set to expand at a promising CAGR of 5.8% from 2025 to 2034. The increasing preference for energy-efficient, time-saving appliances is driving this growth, as modern consumers gravitate toward solutions that align with fast-paced lifestyles. The growing adoption of smart kitchen technologies and appliances with advanced features, such as precise temperature control and keep-warm settings, has further boosted demand. Electric kettles are becoming indispensable for residential and commercial use due to their ability to quickly heat water, making them an essential part of contemporary living.

In terms of material, the market is categorized into stainless steel, glass, plastic, ceramic, and others. Among these, stainless steel emerged as the top choice in 2024, generating USD 2.1 billion in revenue, and is forecasted to grow at a robust CAGR of 6.1% through 2034. This material's exceptional durability, corrosion resistance, and sleek design make it the preferred option for consumers seeking long-lasting and stylish kitchen appliances. Stainless steel kettles offer the perfect blend of functionality and aesthetics, attracting households and businesses that prioritize reliability and a premium look.

Market Scope
Start Year	2024
Forecast Year	2025-2034
Start Value	$4.9 Billion
Forecast Value	$8.6 Billion
CAGR	5.8%

The market is also segmented by price range into low, medium, and high categories. In 2024, the medium-priced segment led the market, capturing 42% of the total share, and is projected to grow at a steady CAGR of 6.2%. This segment strikes an ideal balance between affordability and advanced features like rapid boiling and temperature control, catering to a broad consumer base. Its appeal lies in delivering value-for-money solutions without compromising quality or performance, making it a popular choice among budget-conscious buyers and those seeking innovative features at competitive prices.

The U.S. electric kettle market generated USD 990 million in revenue in 2024 and is projected to grow at a CAGR of 5.8% through 2034. The rising demand for convenient appliances that complement busy lifestyles is a key growth driver in the region. With increasing consumption of hot beverages such as tea and coffee, electric kettles have gained widespread popularity. Their advanced features, including energy efficiency, rapid boiling, and precise temperature settings, make them a must-have appliance in both households and commercial spaces across the country.

Product Code: 12787

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
1.5 Secondary
- 1.5.1 Paid sources
- 1.5.2 Public sources

Chapter 2 Executive Summary

2.1 Industry synopsis, 2021 - 2034

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
- 3.6.1 Growth drivers
  - 3.6.1.1 Rising demand for energy-efficient appliances
  - 3.6.1.2 Increasing adoption of smart kitchen solutions
  - 3.6.1.3 Urbanization and changing lifestyles
  - 3.6.1.4 Expansion of the hospitality industry
- 3.6.2 Industry pitfalls & challenges
  - 3.6.2.1 High competition from alternative heating methods
  - 3.6.2.2 Concerns about durability and product quality
3.7 Consumer buying behavior analysis
- 3.7.1 Demographic trends
- 3.7.2 Factors Affecting Buying Decision
- 3.7.3 Consumer Product Adoption
- 3.7.4 Preferred Distribution Channel
- 3.7.5 Preferred Price Range
3.8 Technological landscape
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Material Type, 2021 – 2034 (USD Billion) (Thousand Units)

5.1 Key trends
5.2 Stainless Steel
5.3 Glass
5.4 Plastic
5.5 Ceramic
5.6 Others (copper, aluminum, etc.)

Chapter 6 Market Estimates and Forecast, By Price, 2021 – 2034 (USD Billion) (Thousand Units)

6.1 Key trends
6.2 Low
6.3 Medium
6.4 High

Chapter 7 Market Estimates and Forecast, By Capacity, 2021 – 2034 (USD Billion) (Thousand Units)

7.1 Key trends
7.2 Less than 1 liter
7.3 Between 1-2 liters
7.4 More than 2 liters

Chapter 8 Market Estimates and Forecast, By Application, 2021 – 2034 (USD Billion) (Thousand Units)

8.1 Key trends
8.2 Residential
8.3 Commercial
- 8.3.1 Hotels and hospitality
- 8.3.2 Offices
- 8.3.3 Restaurants and cafes

Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021 – 2034, (USD Billion) (Thousand Units)

9.1 Key trends
9.2 Online
- 9.2.1 E-commerce
- 9.2.2 Company website
9.3 Offline
- 9.3.1 Specialty stores
- 9.3.2 Hypermarkets and supermarkets
- 9.3.3 Others

Chapter 10 Market Estimates & Forecast, By Region, 2021 – 2034, (USD Billion) (Thousand Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Australia
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE

Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

11.1 BLACK+DECKER
11.2 Bosch
11.3 Breville
11.4 Cuisinart
11.5 De'Longhi
11.6 Hamilton Beach
11.7 Kitchenaid
11.8 Morphy Richards
11.9 Panasonic
11.10 Philips
11.11 Russell Hobbs
11.12 SMEG
11.13 Sunbeam
11.14 Tefal
11.15 Zojirushi

Electric Kettle Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034