Electric Kettles - Sri Lanka
Sri Lanka- In 2024, the Electric Kettles market in Sri Lanka is projected to generate a revenue of US$9.06m.
- It is anticipated to experience an annual growth rate of 2.01% (CAGR 2024-2029).
- When compared globally, China leads the market with a revenue of US$1bn in 2024.
- In terms of per household revenue, in Sri Lanka is expected to generate US$1.59 in 2024.
- Looking ahead to 2029, the volume of the Electric Kettles market is estimated to reach 362.2k pieces.
- However, there may be a slight decline in volume growth, with a projected decrease of -2.0% in 2025.0.
- On average, each household in Sri Lanka is expected to have a volume of 0.07pieces in the Electric Kettles market by 2024.
- "The demand for electric kettles in Sri Lanka has surged due to the country's growing preference for convenient and efficient kitchen appliances."
- 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
