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According to our (Global Info Research) latest study, the global Toasters market size was valued at USD 1363.7 million in 2023 and is forecast to a readjusted size of USD 1536.8 million by 2030 with a CAGR of 1.7% during review period.
A toaster, or a toast maker, is an electric small appliance designed to brown sliced bread by exposing it to radiant heat, thus converting it into toast. Toasters can toast multiple types of sliced bread products. Invented in Scotland in 1893, it was developed over the years, with the introduction of an automatic mechanism to stop the toasting and pop the slices up.
Hamilton Beach, De 'Longhi S.P.A., KitchenAid, Sunbeam, and Krups are the leading manufacturers of toasters. The top 3 occupy about 20% of the market share.
China is the leading production region, accounting for about 70% of the market. Europe is next with about 10%.
The Global Info Research report includes an overview of the development of the Toasters industry chain, the market status of Household (2 Slice Toasters, 4 Slice Toasters), Commercial (2 Slice Toasters, 4 Slice Toasters), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Toasters.
Regionally, the report analyzes the Toasters markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Toasters market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Toasters market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Toasters industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 2 Slice Toasters, 4 Slice Toasters).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Toasters market.
Regional Analysis: The report involves examining the Toasters market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Toasters market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Toasters:
Company Analysis: Report covers individual Toasters manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Toasters This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Household, Commercial).
Technology Analysis: Report covers specific technologies relevant to Toasters. It assesses the current state, advancements, and potential future developments in Toasters areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Toasters market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Toasters market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- 2 Slice Toasters
- 4 Slice Toasters
- Others
Market segment by Application
- Household
- Commercial
Major players covered
- West Bend
- BELLA
- Black & Decker
- Breville
- Cuisinart
- Dualit
- De'Longhi S.p.A.
- Hamilton Beach
- Kenmore
- KitchenAid
- Krups
- Sunbeam
- Waring
- Toastmaster
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Toasters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Toasters, with price, sales, revenue and global market share of Toasters from 2019 to 2024.
Chapter 3, the Toasters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Toasters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Toasters market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Toasters.
Chapter 14 and 15, to describe Toasters sales channel, distributors, customers, research findings and conclusion.