Analysts forecast the global electric kettle market to grow at a CAGR of 4.32% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global electric kettle market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of electric kettle.
According to the report, one of the major drivers for this market is the growth of the e-commerce industry and increasing preference for online shopping. The global e-commerce market is expected to grow at a CAGR of more than 19% by 2020, as per Technavio estimates.
The key factors contributing to the growth of the e-commerce market stem from its diverse portfolio segments, including electronic gadgets, apparels, books, and many others that are regularly updated and help in retaining customer loyalty, thereby leading to an increase in the preference for online purchases.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuation in the prices of raw materials. The price of an appliance depends on the price of the raw materials used. Electric kettles are produced using steel, rubber, iron, and plastic as raw materials. The cost of these raw materials experiences high volatility in the US market and international market, which leads to the high price of the electric kettle.
- Aroma Housewares
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Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Distribution Channel
8: Market Segmentation By Feature
9: Market Segmentation By Material Type
10: Customer Landscape
11: Market Segmentation By End-User
12: Regional Landscape
13: Decision Framework
14: Drivers And Challenges
15: Market Trends
16: Vendor Landscape
17: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/pzshsq/global_electric?w=4