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The global electric kettle market was valued at USD 4.9 billion in 2024 and is anticipated to register a CAGR of over 5.8% between 2025 and 2034.
The growing consumer inclination toward energy-efficient and time-saving appliances is significantly driving the expansion of the electric kettle industry. This trend is further bolstered by the increasing prevalence of smart kitchens and the widespread adoption of appliances equipped with advanced functionalities, such as precise temperature control and keep-warm features. These innovations have substantially enhanced the appeal of electric kettles, making them indispensable for both residential and commercial users. The convenience offered by electric kettles, particularly their ability to heat water quickly, aligns well with the demands of fast-paced lifestyles, thereby accelerating market growth.
Report Attribute | Details |
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Base Year: | 2024 |
Electric Kettle Market Size in 2024: | USD 4.9 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 5.8% |
2025 – 2034 Value Projection: | USD 8.6 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 225 |
Tables, Charts & Figures: | 49 |
Segments covered: | Material, Price, Capacity, Application, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Furthermore, the rapid pace of urbanization and the continuous growth of the hospitality industry are playing a crucial role in the market's development. The rising number of cafes, restaurants, and hotels worldwide has led to a heightened demand for electric kettles, valued for their efficiency, reliability, and versatility in various applications. Additionally, the increasing consumption of hot beverages, such as tea and coffee, particularly in emerging economies, is further driving the adoption of electric kettles across both residential and commercial sectors. This growing preference for convenient and efficient appliances underscores the expanding role of electric kettles in modern households and businesses.