Toaster Market
Global Toaster Market Size, Share &Trends Analysis Report By Product (Pop-Up Toasters, Toaster Ovens, Conveyor Toasters), By Type (2 Slice Toasters, 4 Slice Toasters, Others), Application (Commercial, Residential),by Distribution Channel (Online and Offline) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global toaster market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Toasters are the most common kitchen appliance used to cook bread. People usually prefer to have breakfast that gets ready quickly and does not take much of the morning time due to which people consume bread, toast, sandwich, and other bread items which increases the consumption of toasters daily which led to the growth of the global toaster market. For instance, in May 2022, Faber launched a pop-up toaster. Faber Pop-up Toaster comes with 2 slices for reheat/defrost/cancel setting and a red indicator. It has Adjustable Browning control with 7 settings. Increasing demand from quick service restaurants is projected to create significant scope for the market growth during the forecasted period.
Impact of COVID-19 Pandemic on Global Toaster Market
During COVID-19 there was a complete shutdown due to government strict rules and regulations to stop the spread of the virus due to which the supply of non-essential products was closed, and the manufacturing of toasters was decreased which led to the lack of availability of toasters, impacted negatively on the growth of the global toaster market.
Segmental Outlook
The global toaster market is segmented based on product, type, and distribution channel. Based on the product, the market is segmented into pop-up toasters, toaster ovens, and conveyor toasters. Among these, pop-up toasters held the largest market share in 2021. Pop-up toasters are the most preferred type among consumers due to less consumption of energy. Based on the type, the market is segmented into 2 slice toasters, 4 slice toasters, and others. Based on the application, the market is sub-segmented into commercial and residential. Based on the distribution channel, the market is sub-segmented into online and offline.
Global Toaster Market Share by Product, 2021 (%)
The Pop-Up Toasters are Expected to Hold a Prominent Share in the Global Toaster Market
The pop-up toaster sub-segment is expected to hold a prominent share in the global toaster market during the forecast period. Toasting small bread slices is a difficult task and increases the chances of burning fingers due to people prefer to use pop-up toasters. Companies are manufacturing toasters with higher-level lift features so that users can easily remove the toasts without burning fingers. For instance, the Bajaj offers an ATX4 sandwich pop-up toaster. This sandwich maker is a 2 slice maker that allows preparing homemade sandwiches fast and easy. It allows for quickly preparing sandwiches while the non-stick plates ensure no residues as well as easy maintenance. In addition, pop-up toasters consumes less energy that its counter parts such as oven or stove. Which make it more demanding among commercial applications such as restaurants and hotels.
Regional Outlooks
The global toaster market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). . Among these, the Asia-Pacific region is expected to hold a prominent share in the global toaster market during the forecast period due to the presence of key market players. Furthermore, the North American region is expected to be the fastest-growing region in the global toaster market.
Global Toaster Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Toaster Market
The Asia-Pacific region is expected to hold a prominent share in the growth of the global toaster market during the forecast period due to the high consumption of kitchen appliances in countries like India and China. Additionally, the presence of key players in this region is driving the growth of the global toaster market. Many key players are innovating their products to attract customers. For instance, in May 2019, Philips launched the Philips HD6975/00 oven toaster griller. The Philips HD6975/00 OTG is available in India for a price of Rs 8,095.
Market Players Outlook
The major companies serving the global toaster market include The Middleby Corp. (APW Wyott), Conair LLC, KitchenAid, Spectrum Brands Holdings, Inc., Groupe SEB USA, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2019, Gourmia launched Toaster Oven Air Fryers featuring different sizes, designs, and feature sets. They come with price points from $49 to $199 and are available at retailers nationwide.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global toaster market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Toaster Market
• Recovery Scenario of Global Toaster Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. The Middleby Corp. (APW Wyott)
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Conair LLC
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. KitchenAid
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Spectrum Brands Holdings, Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Groupe SEB USA
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Toaster Market by Product
4.1.1. Pop-Up Toasters
4.1.2. Toasters Ovens
4.1.3. Conveyor Toasters
4.2. Global Toaster Market by Type
4.2.1. 2 Slice Toasters
4.2.2. 4 Slice Toasters
4.2.3. Others
4.3. Global Toaster Market by Application
4.3.1. Commercial
4.3.2. Residential
4.4. Global Toaster Market by Distribution Channel
4.4.1. Online
4.4.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Breville USA, Inc.
6.2. Cuisinart
6.3. De’Longhi Group
6.4. Dualit Ltd.
6.5. Eveready Industries India Ltd.
6.6. Haier Appliances India Pvt. Ltd.
6.7. Hamilton Beach Brands, Inc.
6.8. Hatco Corp.
6.9. Koninklijke Philips N.V.
6.10. Morphy Richards India
6.11. Panasonic Holdings Corp.
6.12. Sensio Inc. (Bella Housewares)
6.13. Star Manufacturing
1. GLOBAL TOASTER MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL POP-UP TOASTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL TOASTERS OVENS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CONVEYOR TOASTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL TOASTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
6. GLOBAL 2 SLICE TOASTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL 4 SLICE TOASTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OTHER TOASTER TYPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL TOASTER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
10. GLOBAL TOASTER FOR COMMERCIAL, MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL TOASTER FOR RESIDENTIAL, MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL TOASTER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
13. GLOBAL ONLINE TOASTER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL OFFLINE TOASTER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL TOASTER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN TOASTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN TOASTER MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
18. NORTH AMERICAN TOASTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN TOASTER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. NORTH AMERICAN TOASTER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21. EUROPEAN TOASTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN TOASTER MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
23. EUROPEAN TOASTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN TOASTER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. EUROPEAN TOASTER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC TOASTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC TOASTER MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC TOASTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC TOASTER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC TOASTER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
31. REST OF THE WORLD TOASTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. REST OF THE WORLD TOASTER MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
33. REST OF THE WORLD TOASTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD TOASTER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
35. REST OF THE WORLD TOASTER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNELS, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL TOASTER MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL TOASTER MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL TOASTER MARKET, 2022-2028 (%)
4. GLOBAL TOASTER MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
5. GLOBAL POP-UP TOASTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL TOASTERS OVENS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CONVEYOR TOASTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL TOASTER MARKET SHARE BY TYPE, 2021 VS 2028 (%)
9. GLOBAL 2 SLICE TOASTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL 4 SLICE TOASTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL OTHERS TOASTER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL TOASTER MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
13. GLOBAL TOASTER FOR COMMERCIAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL TOASTER FOR RESIDENTIAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL TOASTER MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
16. GLOBAL ONLINE TOASTER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL OFFLINE TOASTER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL TOASTER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. US TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
20. CANADA TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
21. UK TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
22. FRANCE TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
23. GERMANY TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
24. ITALY TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
25. SPAIN TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF EUROPE TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
27. INDIA TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
28. CHINA TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
29. JAPAN TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
30. SOUTH KOREA TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF ASIA-PACIFIC TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD TOASTER MARKET SIZE, 2021-2028 ($ MILLION)
