Electric Kettles - Thailand

  • Thailand
  • In 2024, the revenue in the Electric Kettles market in Thailand amounts to €47.39m.
  • It is projected to grow annually by 4.53% (CAGR 2024-2029).
  • When compared globally, in China generates the highest revenue in this segment, with €1,097m in 2024.
  • In relation to the total number of households, the per household revenue in Thailand is €2.86 in 2024.
  • By 2029, the volume in the Electric Kettles market is expected to reach 1.9m pieces units.
  • Additionally, there is an anticipated volume growth of 2.2% units in 2025.
  • Looking at the average volume per household in Thailand's Electric Kettles market, it is projected to be 0.10pieces units in 2024.
  • The demand for electric kettles in Thailand is surging due to the country's growing coffee and tea culture.

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

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

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.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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