The global revenue in the 'Electric Kettles' segment of the household appliances market was forecast to continuously increase between 2024 and 2029 by in total 1.3 billion U.S. dollars (+28.76 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 5.79 billion U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition: Electric kettles are a convenient and efficient method for boiling water, eliminating the need for a stove top. These kettles come in various materials, such as stainless steel, glass, and plastic, and offer additional features like adjustable temperature and Wi-Fi control. As tea and coffee culture continues to grow, electric kettles have become a popular choice for both home and workplace settings. This segment excludes teapots, coffee machines, hot-water dispensers, and stove kettles.
Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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Statista. (May 22, 2024). Revenue of the electric kettles market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1237869/us-retail-sales-of-electric-kettles
Statista. "Revenue of the electric kettles market worldwide from 2019 to 2029 (in billion U.S. dollars)." Chart. May 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1237869/us-retail-sales-of-electric-kettles
Statista. (2024). Revenue of the electric kettles market worldwide from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1237869/us-retail-sales-of-electric-kettles
Statista. "Revenue of The Electric Kettles Market Worldwide from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 May 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1237869/us-retail-sales-of-electric-kettles
Statista, Revenue of the electric kettles market worldwide from 2019 to 2029 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1237869/us-retail-sales-of-electric-kettles (last visited November 10, 2024)
Revenue of the electric kettles market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, May 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1237869/us-retail-sales-of-electric-kettles