The Europe Electric Kettle Market would witness market growth of 3.6% CAGR during the forecast period (2023-2030).
One of the primary needs addressed by these kettles is the demand for efficiency and speed in heating water. These kettles are significantly faster in boiling water than traditional stovetop kettles. This is especially important in today's fast-paced lifestyles, where every minute counts. Another critical need met by these kettles is precision temperature control. Many electric kettles have features like variable temperature settings, allowing users to heat water to specific temperatures for various beverages. This capability ensures that tea, coffee, and other drinks are brewed at optimal temperatures, enhancing flavor profiles.
In addition, a significant trend in the market is emphasizing energy efficiency and sustainability. Manufacturers are developing kettles that consume less energy while maintaining rapid boiling times. Additionally, eco-friendly materials and manufacturing processes are being adopted to reduce the environmental footprint of these appliances. The rise of smart technology has influenced the market, leading to the development of smart and connected kettles. These kettles can be controlled remotely via smartphone apps, allowing users to customize temperature settings and monitor the boiling process from anywhere. Voice-activated features are also becoming more common, adding convenience to the user experience.
Online retail sales in the UK have been steadily increasing year over year. E-commerce marketplaces like Amazon, eBay, and Etsy have a strong presence in the UK. Many consumers shop on these platforms for various products, including electronics, fashion, and home goods. The growth of e-commerce has led to innovations in delivery services. Consumers in the UK have access to a variety of delivery options, including same-day delivery, click-and-collect, and locker pickup services. As per the International Trade Administration, consumer e-commerce now represents 30% of the UK's overall retail industry (up from 20% in 2020), and its yearly sales exceed $120 billion. In 2021, 82% of people in the UK made at least one online purchase. These factors are expected to boost the demand for electric kettles in Europe.
The Germany market dominated the Europe Electric Kettle Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $344.4 Million by 2030. The UK market is experiencing a CAGR of 2.7% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.4% during (2023 - 2030).
Based on Application, the market is segmented into Residential, and Commercial. Based on Raw Material, the market is segmented into Stainless Steel, Plastic, Glass, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electric Kettle Market will Hit $5.8 Billion by 2030, at a CAGR of 4.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aroma Housewares Company, Conair LLC (American Securities LLC), Hamilton Beach Brands, Inc., Groupe SEB, Spectrum Brands Holdings, Breville USA, Inc., bonavitaworld, TTK Prestige Limited, Crompton Greaves Consumer Electricals Limited, and Koninklijke Philips N.V.
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