Electric Kettles - CIS
CIS- The Electric Kettles market in the CIS region is projected to generate a revenue of US$163.30m in 2024.
- According to market forecasts, the segment is expected to experience an annual growth rate of 5.03% between 2024 and 2029 (CAGR 2024-2029).
- In terms of global comparison, China stands out as the leading market for Electric Kettles market, with a projected revenue of US$1bn in 2024.
- This highlights the significant market presence and potential in the country.
- When considering the revenue generated in relation to the total number of households, it is estimated that each household will contribute US$2.78 in 2024.
- This provides an insight into the average spending on Electric Kettles market per household within the CIS region.
- Looking ahead to 2029, the volume of Electric Kettles market sold in the CIS region is expected to reach 7.9m pieces units.
- Additionally, it is anticipated that the segment will experience a volume growth rate of 1.6% in 2025.0.
- These figures reflect the increasing demand for Electric Kettles market within the region.
- Examining the average volume per household in the Electric Kettles market, it is projected to amount to 0.12pieces units in 2024.
- This indicates the average number of Electric Kettles market owned per household within the CIS region.
- The demand for electric kettles in the CIS region has been steadily increasing due to the convenience and time-saving benefits they offer in a region known for its love of tea.
- Key regions:
- Indonesia,
- Worldwide,
- China,
- Canada,
- United States
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.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Stainless-steel electric kettles
- Glass electric kettles
- Plastic electric kettles
Out-Of-Scope
- Hot tea machines/ teapot
- Coffee machines
- Hot water dispensers
- Stove kettles
