According to a market report by Lucintel, the future of the electric kettle market in the US looks promising with opportunities in the offline and online retail industry. The major drivers for this market are increasing purchasing power, rise in preference of electric kettles than traditional fuel, and demand for technically advanced, portable and better safety featured electric kettles.
In this market, stainless steel, plastic, and glass based electric kettles are used in commercial and residential industries. Stainless steel based electric kettle is expected to remain the largest segment as stainless steel is durable than other materials.
Residential market is expected to witness the highest growth over the forecast period due to growing working class population, electric kettle boils water quicker than traditional gas stoves, and it is handy and easy to use for consumers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the electric kettle market in the US by material type, end use, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Electric Kettle Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the electric kettle market in the US by material type, end use, and distribution channel as follows:
By Material Type [$ Million Shipment Analysis from 2015 to 2026]:
Stainless Steel
Plastic
Glass
Others
By End Use [$ Million Shipment Analysis 2015 to 2026]:
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-electric-kettle.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.