Market Insights Consumer Household Appliances Small Appliances

Electric Kettles - Iran

Iran

In Iran, the revenue generated in the Electric Kettles market reached a significant amount of US$117.10m in 2024.
Experts predict that this market will experience an annual growth rate of 8.32% (CAGR 2024-2029).
When compared globally, in China leads the way in revenue generation, with a staggering US$1,183m in 2024.
To put this into perspective, in Iran, the per household revenue generated in the Electric Kettles market is approximately US$5.93 in 2024.
This indicates the financial impact this market segment has on households.
Looking towards the future, by 2029, the volume of Electric Kettles market sold in Iran is projected to reach 3.2m pieces units.
This reflects an expected volume growth of 4.2% in 2025.
On average, each household is anticipated to have a volume of 0.13pieces in the Electric Kettles market by 2024.
These figures highlight the significance of the Electric Kettles market in Iran and its potential for growth in the coming years.
Iran's increasing demand for electric kettles is driven by a growing middle class and a cultural preference for tea.

Key regions: Indonesia, Worldwide, China, Canada, United States

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.