Market Insights Consumer Household Appliances Small Appliances

Electric Kettles - Worldwide

Worldwide

The Electric Kettles market worldwide is projected to generate a revenue of US$4.51bn in 2024.
This market is anticipated to grow at an annual rate of 5.13% (CAGR 2024-2028).
When compared globally, the highest revenue is expected to be generated in China, with US$1,183m in 2024.
In terms of the total number of households, the per household revenue is estimated to be US$2.02 in 2024.
By 2028, the volume in the Electric Kettles market is forecasted to reach 149.4m pieces units.
Furthermore, the segment is expected to exhibit a volume growth of 2.3% in 2025.
The average volume per household in the Electric Kettles market is projected to be 0.06pieces units in 2024.
In China, electric kettles have become a staple in every household, with sleek designs and advanced features catering to the country's tea-drinking culture.

Key regions: United Kingdom, Indonesia, Germany, Worldwide, China

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.