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Electric Kettle Market Size

  • Report ID: GMI12787
  • Published Date: Dec 2024
  • Report Format: PDF

Electric kettle Market Size

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.
 

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.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for electric kettle was valued at USD 4.9 billion in 2024 and is projected to reach USD 8.6 billion by 2034, driven by a CAGR of 5.8% during the forecast period, supported by rising demand for energy-efficient and time-saving appliances.

Stainless steel electric kettles accounted for USD 2.1 billion in 2024 and are expected to grow at a CAGR of 6.1% from 2025 to 2034, driven by their durability, sleek design, and superior heat retention properties.

The U.S. market was valued at USD 990 million in 2024 and is expected to grow at a CAGR of 5.8% from 2025 to 2034, driven by increasing demand for convenient and time-saving appliances.

Major players in the electric kettle industry include BLACK+DECKER, Bosch, Breville, Cuisinart, De'Longhi, Hamilton Beach, Kitchenaid, Morphy Richards, Panasonic, Philips, Russell Hobbs, SMEG, Sunbeam, Tefal, and Zojirushi.

Electric Kettle Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 49
  • Countries covered: 16
  • Pages: 225
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