Electric Kettle Market 2028 Global Leading Players, Business Overview, Size Estimation and Revenue

1. Electric Kettle Market 2028 Growth, Share, Size, Key Drivers By Manufacturers, Upcoming Trends Electric Kettle Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast. The global Electric Kettle Market size is estimated to reach USD 21.0 billion, by 2025, and is projected to grow at a CAGR of 4.7% from 2019 to 2025, according to a new report by Million Insights. The advent features including quick boil time, easy connectivity of electric kettle is projected to increase the market growth. The increasing demand for the beverages especially in countries such as the U.S., U.K., and Germany are expected to increase the demand for the product in the next few years. The commercial segment is projected to grow at the CAGR of 5.5%, over the forecasted period. The product is highly used in the hospitality sector which includes restaurants, and hotels. The travel & tourism industry in developing countries such as China, Australia, Japan and India is expected to foster the demand for the product. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-electric-kettle-market In 2018, stainless steel accounted for the sales of USD 7.0 billion in the overall market. The manufacturers in the market are offering highly durable and rigid kettles made by using steel, iron, and glass materials. Plastic kettle is very light in weight and easy to carry, these factors are expected to increase the demand for the product. Additionally, hazardous impacts linked with bisphenol A is projected to encourage the manufacturers in the market. For example, in 2018, JOVEN introduced BPA free kettle called JK1701P.

2. Asia Pacific dominated the electric kettle market with sales of over USD 7.6 billion, in 2018. The rising consumer spending on the new and advent kitchen appliances is a key factor driving the market growth. According to World Employment and social study, in Asia Pacific employed individual’s number is rose to 23 million by end of 2019. Leading players in the market include Breville USA, Inc.; Aroma Housewares Company; Conair; Koninklijke Philips N.V.; Groupe SEB; bonavitaworld; Chef's Choice; Cuisinart and others. These players in the market are focusing on product innovations to expand their product portfolio. For instance, Stelton launched kettle with cordless feature called EM77. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/global-electric-kettle-market/request-sample Further key findings from the report suggest: • In 2018, residential segment accounted for the revenue of the USD 13.2 billion in the overall market. • Based on the product, plastic type kettle is projected to grow at the fastest CAGR of 5.9% over the forecasted period. • Asia Pacific is projected to grow at significant rate during the forecast period. Million Insights has segmented the global electric kettle market based on raw material, application, and region: Electric Kettle Raw Material Outlook (Revenue, USD Million, 2015 - 2025) • Stainless Steel • Plastic • Glass • Others Electric Kettle Application Outlook (Revenue, USD Million, 2015 - 2025) • Residential • Commercial Table Of Contents 1Electric Kettle Overview 2Global Electric Kettle Application Estimates & Trend Analysis 3Global Electric Kettle Size and Growth Prospects 4Global Electric Kettle Analysis by Region 5Global Electric Kettle Analysis by Type

3. 6Global Electric Kettle Analysis by Application 7Global Electric Kettle Manufacturers Analysis 8Global Electric Kettle Technology and Development Trends Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-electric-kettle-market Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184