IMARC Group, a leading market research company, has recently releases report titled “Electric Kettle Market Report by Raw Material (Stainless Steel, Plastic, Glass, and Others), Application (Residential, Commercial), and Region 2025-2033” The global electric kettle market size reached USD 1.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.1 Billion by 2033, exhibiting a growth rate (CAGR) of 5.3% during 2025-2033.
Factors Affecting the Growth of the Electric Kettle Industry:
Electric kettles are designed to heat water quickly and efficiently. They use direct heating elements that directly transfer energy to the water, resulting in minimal energy loss. This efficiency translates into lower electricity consumption compared to heating water on a stovetop. Electric kettles are known for their rapid boiling capabilities, as they can bring water to a boil much faster compared to traditional stovetop kettles or heating water on a stove. This reduced heating time further contributes to energy savings.
Many electric kettles are equipped with automatic shut-off mechanisms that turn off the kettle once the water reaches its boiling point. This feature prevents overheating, boiling dry, and potential damage to the kettle. It also eliminates the risk of fire hazards associated with forgetting to turn off the stove. Electric kettles often come with boil-dry protection, which automatically switches off the heating element when there is insufficient water in the kettle. This prevents the heating element from getting damaged and ensures user safety.
Advancements in heating technology are leading to electric kettles that can boil water even faster than before. Some modern electric kettles are designed to operate quietly, which is appreciated in quiet environments, such as offices or homes with sleeping children. Many electric kettles offer precise temperature control settings, allowing users to heat water to specific temperatures suitable for different beverages, like coffee or tea. High-tech electric kettles often feature digital displays that show the current water temperature, making it easier for users to monitor the heating process.
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Leading Companies Operating in the Global Electric Kettle Industry: