Electric Kettles - Dominican Republic
Dominican Republic- In 2024, the revenue in the Electric Kettles market in the Dominican Republic amounts to US$4.70m.
- This market is projected to experience an annual growth rate of 5.46% (CAGR 2024-2029).
- When compared globally, the highest revenue is generated China, reaching US$1bn in 2024.
- In terms of the total number of households, the per household revenue in the Electric Kettles market is estimated to be US$1.84 in 2024.
- Looking ahead, the volume in the Electric Kettles market is expected to reach 194.8k pieces by 2029.
- Additionally, a volume growth of 2.8% is anticipated in 2025.0.
- Furthermore, the average volume per household in the Electric Kettles market is projected to be 0.07pieces in 2024.
- These figures highlight the current and potential market size and growth within the Electric Kettles market in the Dominican Republic.
- The demand for electric kettles in the Dominican Republic has been steadily increasing due to the country's growing coffee culture.
- 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.
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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
