Product Code: ETC107811 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bangladesh Electric Kettle Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 50.74% in 2025, it steadily loses momentum, ending at 8.80% by 2029.
Bangladesh's Electric Kettle market is anticipated to experience a exponential growth rate of 36.91% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Bangladesh Electric Kettle Market is experiencing steady growth driven by factors such as increasing urbanization, changing lifestyles, and a growing preference for convenience in preparing hot beverages. Consumers are increasingly opting for electric kettles due to their efficiency, speed, and convenience compared to traditional stovetop kettles. The market is characterized by a range of domestic and international brands offering a variety of features such as different capacity options, temperature control settings, and energy-saving capabilities. Key players in the market are focusing on product innovation, design aesthetics, and affordability to cater to the diverse needs of consumers. With the rising trend of tea and coffee consumption in Bangladesh, the electric kettle market is expected to continue its growth trajectory in the coming years.
Currently, in the Bangladesh Electric Kettle Market, there is a growing demand for energy-efficient and quick-boiling electric kettles. Consumers are increasingly looking for kettles with advanced features such as rapid boiling technology, temperature control settings, and automatic shut-off functions for safety. The market is also witnessing a trend towards sleek and modern designs that complement kitchen aesthetics. Additionally, there is a rising interest in electric kettles with larger capacities to cater to the needs of families or for use in offices. Brands are focusing on enhancing the durability and reliability of their products to meet the expectations of consumers. Overall, the Bangladesh Electric Kettle Market is evolving to offer innovative and convenient solutions to meet the changing demands of consumers.
In the Bangladesh Electric Kettle Market, several challenges are prevalent. One major challenge is the frequent power outages and voltage fluctuations in the country, which can affect the performance and durability of electric kettles. Additionally, the market faces competition from traditional stovetop kettles, which are more commonly used in many households due to their lower cost and perceived reliability. Limited consumer awareness and concerns about the safety of electric kettles, especially in terms of material quality and potential electrical hazards, also pose challenges for market penetration. Furthermore, the availability of counterfeit or low-quality electric kettles in the market undermines the reputation of genuine brands and creates trust issues among consumers. These challenges require market players to focus on product innovation, quality control, and effective marketing strategies to overcome barriers and drive growth in the Bangladesh Electric Kettle Market.
The Bangladesh Electric Kettle Market presents several investment opportunities due to the growing demand for convenient and energy-efficient kitchen appliances in the country. Investors can tap into the market by focusing on introducing innovative and high-quality electric kettles with features such as rapid boiling, automatic shut-off, and energy-saving functions. Additionally, targeting specific consumer segments, such as urban households, offices, and hotels, can help in capturing a larger market share. Collaborating with local distributors and retailers to expand the distribution network and leveraging digital marketing strategies to increase brand visibility can also be beneficial for investors looking to penetrate the Bangladesh Electric Kettle Market. Overall, investing in this sector can be lucrative given the increasing trend towards modern kitchen appliances and the rising disposable income levels in Bangladesh.
The government of Bangladesh has implemented various policies related to the electric kettle market to ensure consumer safety and promote energy efficiency. The Bangladesh Standards and Testing Institution (BSTI) regulates the quality and safety standards of electric kettles to protect consumers from potential hazards. Additionally, the government has introduced initiatives to encourage the use of energy-efficient electric kettles to reduce electricity consumption and promote sustainability. Import tariffs and regulations are also in place to control the influx of substandard electric kettles into the market, safeguarding consumer interests. Overall, the government`s policies aim to create a competitive and safe market environment for electric kettles in Bangladesh while promoting energy efficiency and consumer welfare.
The future outlook for the Bangladesh Electric Kettle Market appears promising, with sustained growth expected in the coming years. Factors such as increasing urbanization, rising disposable incomes, and a growing preference for convenience and energy-efficient appliances are driving the demand for electric kettles in the country. Additionally, the shift towards a more modern lifestyle, coupled with a rising trend of tea and coffee consumption among the younger demographic, is further fueling market growth. Manufacturers are likely to focus on product innovation, such as introducing smart features and eco-friendly designs, to cater to the evolving consumer preferences. Overall, the Bangladesh Electric Kettle Market is anticipated to witness steady expansion as more households and commercial establishments adopt these appliances for their convenience and efficiency.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Electric Kettle Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Electric Kettle Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Electric Kettle Market - Industry Life Cycle |
3.4 Bangladesh Electric Kettle Market - Porter's Five Forces |
3.5 Bangladesh Electric Kettle Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Bangladesh Electric Kettle Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Bangladesh Electric Kettle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Electric Kettle Market Trends |
6 Bangladesh Electric Kettle Market, By Types |
6.1 Bangladesh Electric Kettle Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Electric Kettle Market Revenues & Volume, By Raw Material, 2018 - 2027F |
6.1.3 Bangladesh Electric Kettle Market Revenues & Volume, By Stainless Steel, 2018 - 2027F |
6.1.4 Bangladesh Electric Kettle Market Revenues & Volume, By Plastic, 2018 - 2027F |
6.1.5 Bangladesh Electric Kettle Market Revenues & Volume, By Glass, 2018 - 2027F |
6.1.6 Bangladesh Electric Kettle Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Bangladesh Electric Kettle Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Electric Kettle Market Revenues & Volume, By Residential, 2018 - 2027F |
6.2.3 Bangladesh Electric Kettle Market Revenues & Volume, By Commercial, 2018 - 2027F |
7 Bangladesh Electric Kettle Market Import-Export Trade Statistics |
7.1 Bangladesh Electric Kettle Market Export to Major Countries |
7.2 Bangladesh Electric Kettle Market Imports from Major Countries |
8 Bangladesh Electric Kettle Market Key Performance Indicators |
9 Bangladesh Electric Kettle Market - Opportunity Assessment |
9.1 Bangladesh Electric Kettle Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Bangladesh Electric Kettle Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Electric Kettle Market - Competitive Landscape |
10.1 Bangladesh Electric Kettle Market Revenue Share, By Companies, 2021 |
10.2 Bangladesh Electric Kettle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |