The North America Electric Kettle Market would witness market growth of 4.0% CAGR during the forecast period (2023-2030).
Aesthetic considerations have gained prominence in the market. Electric kettles are now available in various stylish designs and colors to complement modern kitchen decor. Sleek and minimalist designs are particularly popular, appealing to consumers who prioritize functionality and aesthetics. As tea and coffee culture continues to flourish, manufacturers are catering to the specific needs of enthusiasts. This includes kettles with dedicated temperature presets for different types of tea and coffee and specialized pour-over spouts for precise coffee brewing.
Furthermore, innovations in electric kettles have led to the incorporation of variable temperature settings. These kettles allow users to select precise temperatures for various beverages, such as green tea, black tea, coffee, or herbal infusions. This level of control ensures that the water is heated to the ideal temperature, enhancing flavor extraction and aroma. Electric kettles with gooseneck spouts have become a game-changer for pour-over coffee enthusiasts and tea connoisseurs. These spouts provide a precise and controlled pour, enabling even saturation of coffee grounds or tea leaves. This innovation caters to those who appreciate the art and science of brewing.
Urbanization in Canada has increased significantly over the years. According to the Government of Canada, 73.7% of Canadians, an increase from 73.2% five years earlier, resided in one of the country's major urban centers in 2021. Downtowns are expanding more quickly than ever. Large urban centers' downtown populations increased more quickly (+10.9%) between 2016 and 2021 than urban centers (+6.1%). Downtown populations increased at a rate that was more than twice as fast as during the previous census cycle (+4.6%). Owing to these factors, the demand for electric kettles in North America will increase.
The US market dominated the North America Electric Kettle Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $839.1 Million by 2030. The Canada market is exhibiting a CAGR of 6.4% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 5.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Electric Kettle Market is Predict to reach $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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