The global market for Electric Kettles was estimated at US$1.7 Billion in 2023 and is projected to reach US$2.2 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Most electric kettles are equipped with an automatic shut-off function that activates when the water reaches a boil, providing an additional layer of safety by preventing overheating or dry boiling, which is a risk with stovetop kettles if left unattended. Many models also offer temperature control, allowing users to choose precise settings for different types of tea, coffee, or other needs, catering to enthusiasts who seek specific temperatures for optimal flavor extraction. Electric kettles are also highly portable, making them convenient for use in settings outside the kitchen, such as home offices, dorm rooms, or even during travel. By combining speed, safety, and versatility, electric kettles have become an essential tool in modern kitchens, reflecting the shift towards time-saving solutions that accommodate busy lifestyles and diverse culinary needs.
High-end models now offer digital temperature displays and pre-set temperature options, giving users full control and simplifying the brewing process. Another breakthrough is rapid-boil technology, which uses advanced heating elements to bring water to a boil faster than ever, saving users time and energy. In addition, many electric kettles now feature smart technology, with Wi-Fi or Bluetooth connectivity that allows users to control the kettle remotely through a smartphone app. This feature is especially appealing to those who want to heat water without leaving their workspace or bed, providing an extra level of convenience.
Enhanced safety features, such as boil-dry protection and automatic shut-off, are now standard, ensuring that the kettle will turn off if it runs out of water or reaches a certain temperature, thus reducing the risk of accidents. These technological improvements have transformed electric kettles from simple water-heating appliances into advanced, multifunctional tools that cater to the precise needs of today's fast-paced, technology-oriented households.
For tea and coffee enthusiasts, electric kettles with adjustable temperature settings are particularly attractive, as they enable precise brewing at optimal temperatures for various types of tea and coffee, resulting in better flavor and aroma. Additionally, electric kettles are compact and portable, making them suitable for smaller kitchens, dorm rooms, office break rooms, and even travel situations where space and convenience are priorities. Health-conscious consumers are drawn to models made with high-quality materials like stainless steel and glass, as these options are perceived as safer for regular use compared to plastic.
Manufacturers have responded to this broad demand by producing a wide range of kettle designs, from minimalist, budget-friendly models to premium options with advanced features, ensuring that there is a kettle for nearly every preference, budget, and lifestyle. The appeal of electric kettles to such diverse consumer segments underscores their versatility and the growing emphasis on convenience, making them an increasingly popular choice in modern kitchens.
Additionally, the growing tea and coffee culture around the world has led to higher demand for electric kettles that offer specific temperature settings, as more people are becoming aware of the differences that precise brewing temperatures can make in the quality of their beverages. Energy efficiency has also become an important consideration, as electric kettles generally use less energy to heat water than stovetops, making them a more eco-friendly choice. This trend is particularly relevant as consumers become more environmentally conscious and seek energy-saving options for everyday tasks.
Lastly, the health-conscious segment of the market has driven demand for kettles made with safe, high-quality materials like stainless steel and glass, which are free from concerns about plastic leaching or chemical exposure. Together, these factors - driven by technological advancement, lifestyle shifts, emphasis on energy efficiency, and health-conscious consumer preferences - are propelling the electric kettle market forward, solidifying its place as a staple appliance in homes and offices worldwide.
Global Electric Kettles Market - Key Trends and Drivers Summarized
Why Are Electric Kettles Becoming a Staple in Modern Kitchens?
Electric kettles are compact, efficient appliances that have revolutionized the way we heat water, making kitchen tasks faster and more convenient. Unlike traditional stovetop kettles, which rely on open flame or stovetop heat, electric kettles use an internal heating element powered by electricity to rapidly bring water to a boil - often in just a fraction of the time. This speed and efficiency make electric kettles ideal for a variety of uses, including making hot beverages like tea and coffee, preparing instant soups, and even speeding up cooking by providing boiling water for recipes.Most electric kettles are equipped with an automatic shut-off function that activates when the water reaches a boil, providing an additional layer of safety by preventing overheating or dry boiling, which is a risk with stovetop kettles if left unattended. Many models also offer temperature control, allowing users to choose precise settings for different types of tea, coffee, or other needs, catering to enthusiasts who seek specific temperatures for optimal flavor extraction. Electric kettles are also highly portable, making them convenient for use in settings outside the kitchen, such as home offices, dorm rooms, or even during travel. By combining speed, safety, and versatility, electric kettles have become an essential tool in modern kitchens, reflecting the shift towards time-saving solutions that accommodate busy lifestyles and diverse culinary needs.
How Have Technological Innovations Enhanced the Functionality of Electric Kettles?
Technological advancements have greatly enhanced the functionality and performance of electric kettles, making them more versatile, efficient, and tailored to a wide range of user preferences. One of the most notable innovations in electric kettle technology is the addition of precise temperature control, which allows users to heat water to specific temperatures ideal for different beverages and cooking needs. For instance, green tea requires water heated to around 80°C to prevent bitterness, while black tea and coffee benefit from temperatures closer to 90-95°C for optimal flavor extraction.High-end models now offer digital temperature displays and pre-set temperature options, giving users full control and simplifying the brewing process. Another breakthrough is rapid-boil technology, which uses advanced heating elements to bring water to a boil faster than ever, saving users time and energy. In addition, many electric kettles now feature smart technology, with Wi-Fi or Bluetooth connectivity that allows users to control the kettle remotely through a smartphone app. This feature is especially appealing to those who want to heat water without leaving their workspace or bed, providing an extra level of convenience.
Enhanced safety features, such as boil-dry protection and automatic shut-off, are now standard, ensuring that the kettle will turn off if it runs out of water or reaches a certain temperature, thus reducing the risk of accidents. These technological improvements have transformed electric kettles from simple water-heating appliances into advanced, multifunctional tools that cater to the precise needs of today's fast-paced, technology-oriented households.
Why Are Electric Kettles Growing in Popularity Across Different Consumer Groups?
Electric kettles are gaining popularity across a wide spectrum of consumer groups due to their convenience, adaptability, and ability to meet diverse needs. For young professionals and students who often face busy schedules, electric kettles provide a quick and efficient way to prepare hot beverages, instant meals, or quick cooking essentials, allowing them to multitask without waiting for a stovetop kettle to heat. The speed of electric kettles also appeals to family households, where multiple hot drinks may need to be prepared in the morning or throughout the day, providing a practical solution that saves time and reduces the stress of meal preparation.For tea and coffee enthusiasts, electric kettles with adjustable temperature settings are particularly attractive, as they enable precise brewing at optimal temperatures for various types of tea and coffee, resulting in better flavor and aroma. Additionally, electric kettles are compact and portable, making them suitable for smaller kitchens, dorm rooms, office break rooms, and even travel situations where space and convenience are priorities. Health-conscious consumers are drawn to models made with high-quality materials like stainless steel and glass, as these options are perceived as safer for regular use compared to plastic.
Manufacturers have responded to this broad demand by producing a wide range of kettle designs, from minimalist, budget-friendly models to premium options with advanced features, ensuring that there is a kettle for nearly every preference, budget, and lifestyle. The appeal of electric kettles to such diverse consumer segments underscores their versatility and the growing emphasis on convenience, making them an increasingly popular choice in modern kitchens.
What Factors Are Powering the Growth of the Electric Kettle Market?
The growth in the electric kettle market is driven by several interrelated factors, including technological innovation, changing consumer lifestyles, heightened interest in energy efficiency, and increasing health consciousness. Technological advancements, such as the development of precise temperature controls, rapid-boil capabilities, and smart connectivity, have enhanced the functionality of electric kettles, appealing to consumers seeking appliances that can provide specific benefits beyond simple boiling. This innovation aligns well with the rise of busy, on-the-go lifestyles, as more consumers now prioritize appliances that save time and fit seamlessly into their routines.Additionally, the growing tea and coffee culture around the world has led to higher demand for electric kettles that offer specific temperature settings, as more people are becoming aware of the differences that precise brewing temperatures can make in the quality of their beverages. Energy efficiency has also become an important consideration, as electric kettles generally use less energy to heat water than stovetops, making them a more eco-friendly choice. This trend is particularly relevant as consumers become more environmentally conscious and seek energy-saving options for everyday tasks.
Lastly, the health-conscious segment of the market has driven demand for kettles made with safe, high-quality materials like stainless steel and glass, which are free from concerns about plastic leaching or chemical exposure. Together, these factors - driven by technological advancement, lifestyle shifts, emphasis on energy efficiency, and health-conscious consumer preferences - are propelling the electric kettle market forward, solidifying its place as a staple appliance in homes and offices worldwide.
Scope of the Study
The report analyzes the Electric Kettles market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Material (Stainless Steel Material, Plastics Material, Glass Material, Other Materials); End-Use (Residential End-Use, Commercial End-Use)Geographic Regions/Countries
World; USA; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; Rest of Europe); Asia-Pacific (Australia; India; South Korea; Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; UAE; Rest of Middle East); Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Stainless Steel Material segment, which is expected to reach US$1.0 Billion by 2030 with a CAGR of a 3.9%. The Plastics Material segment is also set to grow at 4.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $467.9 Million in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $469.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electric Kettles Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Kettles Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electric Kettles Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Electric Kettles Market such as AIDI Electromechanical Company Limited, Aroma Housewares Co, Crompton Greaves Consumer Electricals Ltd., Cuisinart, GiftEzee and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 39 companies featured in this Global Electric Kettles Market report include:
- AIDI Electromechanical Company Limited
- Aroma Housewares Co
- Crompton Greaves Consumer Electricals Ltd.
- Cuisinart
- GiftEzee
- Glen Mfg. Inc.
- Gourmia
- Hamilton Beach Brands, Inc.
- Hamilton Housewares Pvt. Ltd.
- Kabir Creation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- AIDI Electromechanical Company Limited
- Aroma Housewares Co
- Crompton Greaves Consumer Electricals Ltd.
- Cuisinart
- GiftEzee
- Glen Mfg. Inc.
- Gourmia
- Hamilton Beach Brands, Inc.
- Hamilton Housewares Pvt. Ltd.
- Kabir Creation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 276 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.7 Billion |
Forecasted Market Value ( USD | $ 2.2 Billion |
Compound Annual Growth Rate | 3.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |