Global Toaster Market, Size, Trends, By Product (Pop-Up Toasters, Toaster Ovens, Conveyor Toasters), By Type (2 Slice Toasters, 4 Slice Toasters, Others), By Distribution Channel (Offline, Online), By Application (Commercial, Residential) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Toaster Market
With a CAGR of 4.19 % from 2023 to 2030, the Global Toaster Market is expected to grow from its estimated value of US$ 4.25 Bn in 2022 to US$ 6.25 Bn by 2030.
An electronic kitchen gadget known as a toaster is used to toast and grill waffles, muffins, and bread slices by converting electrical energy into heat energy. Different kinds of sliced bread become toasted slices when heated. In addition to toasting bread, contemporary toasters can also prepare protein-rich foods like cookies, pizza, and other baked goods.
Market Drivers
Key market growth drivers include rapid urbanisation and increased consumer demand for electric kitchen equipment globally. Customers are increasingly using electric toasters to quickly and efficiently make their food as a result of changing lifestyles and busy schedules. Additionally, the foodservice and hospitality sectors' rapid expansion are fostering an optimistic outlook for the market.
Growth is also being fueled by a number of product developments, such as the creation of advanced models with Bluetooth connectivity and automatic cut-off and lid-on capabilities. These cutting-edge variations can be connected to a smartphone app and track the toasting preferences of several users. The market is anticipated to grow considerably more as a result of additional elements including expanding consumer spending power and the creation of compact and energy-efficient alternatives.
Market Restraints
Consumer interest in new technology advancements is predicted to be negatively impacted by high initial capital and maintenance expenses. Power outages are being caused by uneven economic development in rural China, India, and Africa. Additionally, 38 out of 49 Sub-Saharan African nations have a population of 50% or more that do not have access to electricity, which will have a detrimental effect on the size of the toaster market.
Market Segmentation
The scope of the Global Toaster Market covers segmentation based on By Product, By Type, By Distribution Channel, By Application, and By Region.
By Product, the market is segmented into Pop-Up Toasters, Toaster Ovens, Conveyor Toasters. By Type, the market is segmented into 2 Slice Toasters, 4 Slice Toasters, Others. By Distribution Channel the market is segmented Offline, Online. By Application, the market is segmented into Commercial, Residential.
Regional Analysis
The Global Toaster Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America now holds a sizeable market share and is anticipated to expand quickly in the years to come. In the upcoming years, it is anticipated that consumer purchasing power would boost the expansion of the North American market. Asia Pacific is anticipated to experience similar strong growth during the projection period. In the upcoming years, market participants can anticipate new development possibilities due to rising demand from emerging nations, driven by increased disposable income and better lifestyles. These elements will likely cause this area to flourish quickly in the near future.
Key Players
Global Appliances USA, Kai USA Ltd, Kiya corp., MAC Knif, Messermeister, Victorinox AG, Neato Robotics, Inc., LG Electronics Inc, Dyson Limited, Panasonic Corporation.
Market Taxonomy
By Product
• Pop-Up Toasters
• Toaster Ovens
• Conveyor Toasters
By Type
• 2 Slice Toasters
• 4 Slice Toasters
• Others
By Distribution Channel
• Offline
• Online
By Application
• Commercial
• Residential
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Toaster Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Toaster Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Toaster Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Toaster Market Share Analysis, By Product
5.3 Global Toaster Market Size and Forecast, By Product
5.3.1 Pop-Up Toasters
5.3.2 Toaster Ovens
5.3.3 Conveyor Toasters
6 Global Toaster Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Toaster Market Share Analysis, By Type
6.3 Global Toaster Market Size and Forecast, By Type
6.3.1. 2 Slice Toasters
6.3.2. 4 Slice Toasters
6.3.3 Others
7 Global Toaster Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Toaster Market Share Analysis, By Distribution Channel
7.3 Global Toaster Market Size and Forecast, By Distribution Channel
7.3.1 Offline
7.3.2 Online
8 Global Toaster Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Toaster Market Share Analysis, By Application
8.3 Global Toaster Market Size and Forecast, By Application
8.3.1 Commercial
8.3.2 Residential
9 Global Toaster Market, By Region
9.1 Global Toaster Market Share Analysis, By Region
9.2 Global Toaster Market Share Analysis, By Region
9.3 Global Toaster Market Size and Forecast, By Region
10 North America Toaster Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Toaster Market Share Analysis, By Product
10.3 North America Toaster Market Share Analysis, By Type
10.4 North America Toaster Market Share Analysis, By Distribution Channel
10.5 North America Toaster Market Share Analysis, By Application
10.6 North America Toaster Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Product
10.6.1.2 Market Size and Forecast, By Type
10.6.1.3 Market Size and Forecast, By Distribution Channel
10.6.1.4 Market Size and Forecast, By Application
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Product
10.6.2.2 Market Size and Forecast, By Type
10.6.2.3 Market Size and Forecast, By Distribution Channel
10.6.2.4 Market Size and Forecast, By Application
10.6.3 Mexico
10.6.2.1 Market Size and Forecast, By Product
10.6.2.2 Market Size and Forecast, By Type
10.6.2.3 Market Size and Forecast, By Distribution Channel
10.6.2.4 Market Size and Forecast, By Application
11 Europe Toaster Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Toaster Market Share Analysis, By Product
11.3 Europe Toaster Market Share Analysis, By Type
11.4 Europe Toaster Market Share Analysis, By Distribution Channel
11.5 Europe Toaster Market Share Analysis, By Application
11.6 Europe Toaster Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1 Market Size and Forecast, By Product
11.6.1.2 Market Size and Forecast, By Type
11.6.1.3 Market Size and Forecast, By Distribution Channel
11.6.1.4 Market Size and Forecast, By Application
11.6.2 France
11.6.1.1 Market Size and Forecast, By Product
11.6.1.2 Market Size and Forecast, By Type
11.6.1.3 Market Size and Forecast, By Distribution Channel
11.6.1.4 Market Size and Forecast, By Application
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Product
11.6.3.2 Market Size and Forecast, By Type
11.6.3.3 Market Size and Forecast, By Distribution Channel
11.6.3.4 Market Size and Forecast, By Application
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Product
11.6.4.2 Market Size and Forecast, By Type
11.6.4.3 Market Size and Forecast, By Distribution Channel
11.6.4.4 Market Size and Forecast, By Application
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Product
11.6.5.2 Market Size and Forecast, By Type
11.6.5.3 Market Size and Forecast, By Distribution Channel
11.6.5.4 Market Size and Forecast, By Application
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Product
11.6.6.2 Market Size and Forecast, By Type
11.6.6.3 Market Size and Forecast, By Distribution Channel
11.6.6.4 Market Size and Forecast, By Application
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Product
11.6.7.2 Market Size and Forecast, By Type
11.6.7.3 Market Size and Forecast, By Distribution Channel
11.6.7.4 Market Size and Forecast, By Application
12 Asia Pacific Toaster Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Toaster Market Share Analysis, By Product
12.3 Asia Pacific Toaster Market Share Analysis, By Type
12.4 Asia Pacific Toaster Market Share Analysis, By Distribution Channel
12.5 Asia Pacific Toaster Market Share Analysis, By Application
12.6 Asia Pacific Toaster Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Product
12.6.1.2 Market Size and Forecast, By Type
12.6.1.3 Market Size and Forecast, By Distribution Channel
12.6.1.4 Market Size and Forecast, By Application
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Product
12.6.2.2 Market Size and Forecast, By Type
12.6.2.3 Market Size and Forecast, By Distribution Channel
12.6.2.4 Market Size and Forecast, By Application
12.6.3 India
12.6.3.1 Market Size and Forecast, By Product
12.6.3.2 Market Size and Forecast, By Type
12.6.3.3 Market Size and Forecast, By Distribution Channel
12.6.3.4 Market Size and Forecast, By Application
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Product
12.6.4.2 Market Size and Forecast, By Type
12.6.4.3 Market Size and Forecast, By Distribution Channel
12.6.4.4 Market Size and Forecast, By Application
12.6.5 Australia
12.6.4.1 Market Size and Forecast, By Product
12.6.4.2 Market Size and Forecast, By Type
12.6.4.3 Market Size and Forecast, By Distribution Channel
12.6.4.4 Market Size and Forecast, By Application
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Product
12.6.6.2 Market Size and Forecast, By Type
12.6.6.3 Market Size and Forecast, By Distribution Channel
12.6.6.4 Market Size and Forecast, By Application
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Product
12.6.7.2 Market Size and Forecast, By Type
12.6.7.3 Market Size and Forecast, By Distribution Channel
12.6.7.4 Market Size and Forecast, By Application
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Product
12.6.8.2 Market Size and Forecast, By Type
12.6.8.3 Market Size and Forecast, By Distribution Channel
12.6.8.4 Market Size and Forecast, By Application
12.6.9. Rest of Asia
12.6.9.1 Market Size and Forecast, By Product
12.6.9.2 Market Size and Forecast, By Type
12.6.9.3 Market Size and Forecast, By Distribution Channel
12.6.9.4 Market Size and Forecast, By Application
13 Latin America Toaster Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Toaster Market Share Analysis, By Product
13.3 Latin America Toaster Market Share Analysis, By Type
13.4 Latin America Toaster Market Share Analysis, By Distribution Channel
13.5 Latin America Toaster Market Share Analysis, By Application
13.6 Latin America Toaster Market Size and Forecast, Country
13.6.1. Brazil
13.6.1.1 Market Size and Forecast, By Product
13.6.1.2 Market Size and Forecast, By Type
13.6.1.3 Market Size and Forecast, By Distribution Channel
13.6.1.4 Market Size and Forecast, By Application
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Product
13.6.2.2 Market Size and Forecast, By Type
13.6.2.3 Market Size and Forecast, By Distribution Channel
13.6.2.4 Market Size and Forecast, By Application
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Product
13.6.3.2 Market Size and Forecast, By Type
13.6.3.3 Market Size and Forecast, By Distribution Channel
13.6.3.4 Market Size and Forecast, By Application
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Product
13.6.4.2 Market Size and Forecast, By Type
13.6.4.3 Market Size and Forecast, By Distribution Channel
13.6.4.4 Market Size and Forecast, By Application
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Product
13.6.5.2 Market Size and Forecast, By Type
13.6.5.3 Market Size and Forecast, By Distribution Channel
13.6.5.4 Market Size and Forecast, By Application
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Product
13.6.6.2 Market Size and Forecast, By Type
13.6.6.3 Market Size and Forecast, By Distribution Channel
13.6.6.4 Market Size and Forecast, By Application
13.6.7. Rest of Latin America
13.6.7.1 Market Size and Forecast, By Product
13.6.7.2 Market Size and Forecast, By Type
13.6.7.3 Market Size and Forecast, By Distribution Channel
13.6.7.4 Market Size and Forecast, By Application
14 Middle East Toaster Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Toaster Market Share Analysis, By Product
14.3 Middle East Toaster Market Size and Forecast, By Type
14.4 Middle East Toaster Market Size and Forecast, By Distribution Channel
14.5 Middle East Toaster Market Size and Forecast, By Application
14.6 Middle East Toaster Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.1.1 Market Size and Forecast, By Product
14.6.1.2 Market Size and Forecast, By Type
14.6.1.3 Market Size and Forecast, By Distribution Channel
14.6.1.4 Market Size and Forecast, By Application
14.6.2. UAE
14.6.2.1 Market Size and Forecast, By Product
14.6.2.2 Market Size and Forecast, By Type
14.6.2.3 Market Size and Forecast, By Distribution Channel
14.6.2.4 Market Size and Forecast, By Application
14.6.3. Egypt
14.6.3.1 Market Size and Forecast, By Product
14.6.3.2 Market Size and Forecast, By Type
14.6.3.3 Market Size and Forecast, By Distribution Channel
14.6.3.4 Market Size and Forecast, By Application
14.6.4. Kuwait
14.6.4.1 Market Size and Forecast, By Product
14.6.4.2 Market Size and Forecast, By Type
14.6.4.3 Market Size and Forecast, By Distribution Channel
14.6.4.4 Market Size and Forecast, By Application
14.6.5. South Africa
14.6.5.1 Market Size and Forecast, By Product
14.6.5.2 Market Size and Forecast, By Type
14.6.5.3 Market Size and Forecast, By Distribution Channel
14.6.5.4 Market Size and Forecast, By Application
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Product
14.6.6.2 Market Size and Forecast, By Type
14.6.6.3 Market Size and Forecast, By Distribution Channel
14.6.6.4 Market Size and Forecast, By Application
15 Competitive Analysis
12.1 Competition Dashboard
12.2 Market share Analysis of Top Vendors
12.3 Key Development Strategies
16 Company Profiles
16.1 Global Appliances USA
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Kai USA Ltd
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Kiya corp.
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 MAC Knif
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Messermeister
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Victorinox AG
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Neato Robotics, Inc.
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 LG Electronics Inc
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Dyson Limited
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Panasonic Corporation
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments Global Toaster Market
16.10.6 Key Strategies
