Electric Kettles - Mexico
Mexico- Revenue in the Electric Kettles market amounts to US$*****m in ****. The market is expected to grow annually by ****% (CAGR *********).
- In global comparison, most revenue is generated China (US$****bn in ****).
- In relation to the total number of households, per household revenues of US$**** are generated in ****.
- In the Electric Kettles market, volume is expected to amount to ******k pieces by ****. The Electric Kettles market is expected to show a volume growth of ****% in ****.
- The average volume per household in the Electric Kettles market is expected to amount to ****pieces in ****.
- Key regions:
- Indonesia,
- Worldwide,
- China,
- Canada,
- United States
Definition: Electric kettles are a convenient and efficient method for boiling water, eliminating the need for a stove top. These kettles come in various materials, such as stainless steel, glass, and plastic, and offer additional features like adjustable temperature and Wi-Fi control. As tea and coffee culture continues to grow, electric kettles have become a popular choice for both home and workplace settings. This segment excludes teapots, coffee machines, hot-water dispensers, and stove kettles.
Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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- Stainless-steel electric kettles
- Glass electric kettles
- Plastic electric kettles
- Hot tea machines/ teapot
- Coffee machines
- Hot water dispensers
- Stove kettles
Revenue
Volume
KeyPlayers
Price
Sales Channels
Global Comparison
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 Global Consumer 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). GCS data is reweighted for representativeness.Consumer
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