Foldable Electric Kettle Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 24.5% from 2024 to 2030.
The foldable electric kettle market was valued at approximately USD 75 million in 2022, with an anticipated compound annual growth rate (CAGR) of 7.5% over the forecast period. The market's growth can be attributed to the increasing demand for compact and portable kitchen appliances among urban consumers and frequent travelers. As lifestyles become more mobile, the versatility and convenience offered by foldable electric kettles make them an attractive option for a growing segment of the population. Additionally, advancements in materials and technology are enhancing product durability and functionality, further driving market expansion.
Opportunity analysis reveals significant potential in emerging markets, where rapid urbanization and changing consumer preferences are contributing to the rising adoption of innovative home appliances. Regions such as Asia-Pacific and Latin America are expected to experience robust growth due to rising disposable incomes and increasing interest in travel and outdoor activities. Furthermore, the expansion of e-commerce platforms is facilitating greater access to foldable electric kettles, allowing consumers to purchase these products with ease. The combination of these factors presents a promising outlook for market players looking to capitalize on the growing demand in these regions.
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Midea
SUPOR
German Pool
Dr. Prepare
Zoomland
Deerma
Joyoung
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Foldable Electric Kettle Market
Housewife
White-collar Worker
Blue-collar Worker
Student
Others
Based on Types the Market is categorized into Below types that held the largest Foldable Electric Kettle market share In 2023.
200 ML
200-500 ML
More Than 500 ML
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Foldable Electric Kettle Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Foldable Electric Kettle Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Foldable Electric Kettle Market, By Type
6. Global Foldable Electric Kettle Market, By Application
7. Global Foldable Electric Kettle Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Foldable Electric Kettle Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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