Toaster Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	190 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224294

Best Price Guarantee
Price	from $4,850
Length	190 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224294

Toaster Market

Growth Factors of Toaster Market

The toaster market size was valued at USD 3.90 billion in 2023, and the market is now projected to grow from USD 4.07 billion in 2024 to USD 6.54 billion by 2032, exhibiting a CAGR of 6.12% during the forecast period of 2024-2032.

Pandemic has boosted demand for advanced kitchenware products among upper and middle-income classes, driven by the unavailability of domestic workers and increased e-commerce. However, consumer purchasing power declines and government restrictions on cafes and restaurants have temporarily impacted toaster market growth and reduced demand for conveyor toasting ovens.

Consumers favor multipurpose, automated electronic appliances for daily kitchen cooking, leading to innovative products like Samsung's 'Bespoke Al', featuring sustainable and intelligent features, facilitating market growth.

Consumer developments in domestic decoration are riding the demand for highly-priced kitchen home equipment like fridges, mixer grinders, and toasting ovens. The market is likewise fuelled with the aid of energy-efficient appliances like toasters, which are increasingly more popular because of their aesthetic attraction and sustainability. The enterprise is likewise focusing on advanced heating generation, inclusive of infrared radiation and quartz heating, to ensure regular results in toasting. This trend is anticipated to boost up market increase.

Comprehensive Analysis of Toaster Market

The global toasting oven market is divided into oven, conveyor, and pop-up segments. The conveyor segment is expected to dominate due to demand for multi-slot toasting ovens in cafes and quick service restaurants. The pop-up appliance segment is expected to grow due to innovative domestic toaster appliances. The market is divided into commercial and residential applications, with the commercial segment dominated by busy working lifestyles and increasing living standards. The residential segment is expected to grow due to the rise in breakfast culture. The market is divided into offline and online distribution channels, with online sales dominating.

The Asia Pacific region lead the toaster market share by benefitting a market size of USD 1.42 billion in 2023 due to high consumption volumes in India and China, as well as the presence of major toaster makers like Hebei AOCNO Baking Machinery, Haier Group, Samsung Electronics, and Panasonic.

Companies are specializing in developing custom designed kitchen home equipment, investing in on line advertising and marketing campaigns, and developing power-green domestic home equipment to increase sales and preserve an aggressive function. Key businesses encompass Panasonic, LG Electronics, Samsung Electronics, Gorenje, Haier Group Corporation, De'Longhi, Severin Elektrogerate, BSH Hausgeräte, HAEGER, and Walton Hi-Tech Industries Ltd.

In December 2022, Galanz Americas, a worldwide domestic appliance producer, partnered with American brand Kenmore to introduce modern kitchen home equipment into their product variety.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 6.12% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Product

Pop-Up
Oven
Conveyor

By Application

Residential
Commercial

By Distribution Channel

Online
Offline

By Geography

North America (By Product, Application, Distribution Channel, and Country)
U.S. (By Product)
Canada (By Product)
Mexico (By Product)
Europe (By Product, Application, Distribution Channel, and Country)
Germany (By Product)
U.K. (By Product)
France (By Product)
Italy (By Product
Spain (By Product)
Rest of Europe (By Product)
Asia Pacific (By Product, Application, Distribution Channel, and Country)
China (By Product)
India (By Product)
Japan (By Product)
Australia (By Product)
Rest of Asia Pacific (By Product)
South America (By Product, Application, Distribution Channel, and Country)
Brazil (By Product)
Argentina (By Product)
Rest of South America (By Product)
Middle East and Africa (By Product, Application, Distribution Channel, and Country)
South Africa (By Product)
UAE (By Product)
Rest of the Middle East & Africa (By Product)

Please Note: It will take 5-6 business days to complete the report upon order confirmation.

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Emerging Trends
4. Key Insights: 4.1. Overview of the Parent/Related Markets; 4.2. Industry SWOT Analysis; 4.3. Porter’s Five Forces Analysis; 4.4. Supply Chain and Regulatory Analysis; 4.5. Recent Technological Advancements
5. Global Toaster Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Size Estimates and Forecast; 5.2.1. By Product (Value); 5.2.1.1. Pop-up; 5.2.1.2. Oven; 5.2.1.3. Conveyor; 5.2.2. By Application (Value); 5.2.2.1. Residential; 5.2.2.2. Commercial; 5.2.3. By Distribution Channel (Value); 5.2.3.1. Online; 5.2.3.2. Offline; 5.2.4. By Region (Value); 5.2.4.1. North America; 5.2.4.2. Europe; 5.2.4.3. Asia Pacific; 5.2.4.4. South America; 5.2.4.5. Middle East & Africa
6. North America Toaster Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Size Estimates and Forecast; 6.2.1. By Product (Value); 6.2.1.1. Pop-up; 6.2.1.2. Oven; 6.2.1.3. Conveyor; 6.2.2. By Application (Value); 6.2.2.1. Residential; 6.2.2.2. Commercial; 6.2.3. By Distribution Channel (Value); 6.2.3.1. Online; 6.2.3.2. Offline; 6.2.4. By Country (Value); 6.2.4.1. U.S; 6.2.4.1.1. By Product; 6.2.4.1.1.1. Pop-up; 6.2.4.1.1.2. Oven; 6.2.4.1.1.3. Conveyor; 6.2.4.2. Canada; 6.2.4.2.1. By Product; 6.2.4.2.1.1. Pop-up; 6.2.4.2.1.2. Oven; 6.2.4.2.1.3. Conveyor; 6.2.4.3. Mexico; 6.2.4.3.1. By Product; 6.2.4.3.1.1. Pop-up; 6.2.4.3.1.2. Oven; 6.2.4.3.1.3. Conveyor
7. Europe Toaster Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Size Estimates and Forecast; 7.2.1. By Product (Value); 7.2.1.1. Pop-up; 7.2.1.2. Oven; 7.2.1.3. Conveyor; 7.2.2. By Application (Value); 7.2.2.1. Residential; 7.2.2.2. Commercial; 7.2.3. By Distribution Channel (Value); 7.2.3.1. Online; 7.2.3.2. Offline; 7.2.4. By Country (Value); 7.2.4.1. Germany; 7.2.4.1.1. By Product; 7.2.4.1.1.1. Pop-up; 7.2.4.1.1.2. Oven; 7.2.4.1.1.3. Conveyor; 7.2.4.2. France; 7.2.4.2.1. By Product; 7.2.4.2.1.1. Pop-up; 7.2.4.2.1.2. Oven; 7.2.4.2.1.3. Conveyor; 7.2.4.3. Italy; 7.2.4.3.1. By Product; 7.2.4.3.1.1. Pop-up; 7.2.4.3.1.2. Oven; 7.2.4.3.1.3. Conveyor; 7.2.4.4. Spain; 7.2.4.4.1. By Product; 7.2.4.4.1.1. Pop-up; 7.2.4.4.1.2. Oven; 7.2.4.4.1.3. Conveyor; 7.2.4.5. The U.K.; 7.2.4.5.1. By Product; 7.2.4.5.1.1. Pop-up; 7.2.4.5.1.2. Oven; 7.2.4.5.1.3. Conveyor; 7.2.4.6. Rest of Europe; 7.2.4.6.1. By Product; 7.2.4.6.1.1. Pop-up; 7.2.4.6.1.2. Oven; 7.2.4.6.1.3. Conveyor
8. Asia-Pacific Toaster Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Size Estimates and Forecast; 8.2.1. By Product (Value); 8.2.1.1. Pop-up; 8.2.1.2. Oven; 8.2.1.3. Conveyor; 8.2.2. By Application (Value); 8.2.2.1. Residential; 8.2.2.2. Commercial; 8.2.3. By Distribution Channel (Value); 8.2.3.1. Online; 8.2.3.2. Offline; 8.2.4. By Country (Value); 8.2.4.1. China; 8.2.4.1.1. By Product; 8.2.4.1.1.1. Pop-up; 8.2.4.1.1.2. Oven; 8.2.4.1.1.3. Conveyor; 8.2.4.2. India; 8.2.4.2.1. By Product; 8.2.4.2.1.1. Pop-up; 8.2.4.2.1.2. Oven; 8.2.4.2.1.3. Conveyor; 8.2.4.3. Japan; 8.2.4.3.1. By Product; 8.2.4.3.1.1. Pop-up; 8.2.4.3.1.2. Oven; 8.2.4.3.1.3. Conveyor; 8.2.4.4. Australia; 8.2.4.4.1. By Product; 8.2.4.4.1.1. Pop-up; 8.2.4.4.1.2. Oven; 8.2.4.4.1.3. Conveyor; 8.2.4.5. Rest of Asia-Pacific; 8.2.4.5.1. By Product; 8.2.4.5.1.1. Pop-up; 8.2.4.5.1.2. Oven; 8.2.4.5.1.3. Conveyor
9. South America Toaster Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Size Estimates and Forecast; 9.2.1. By Product (Value); 9.2.1.1. Pop-up; 9.2.1.2. Oven; 9.2.1.3. Conveyor; 9.2.2. By Application (Value); 9.2.2.1. Residential; 9.2.2.2. Commercial; 9.2.3. By Distribution Channel (Value); 9.2.3.1. Online; 9.2.3.2. Offline; 9.2.4. By Country (Value); 9.2.4.1. Brazil; 9.2.4.1.1. By Product; 9.2.4.1.1.1. Pop-up; 9.2.4.1.1.2. Oven; 9.2.4.1.1.3. Conveyor; 9.2.4.2. Argentina; 9.2.4.2.1. By Product; 9.2.4.2.1.1. Pop-up; 9.2.4.2.1.2. Oven; 9.2.4.2.1.3. Conveyor; 9.2.4.3. Rest of South America; 9.2.4.3.1. By Product; 9.2.4.3.1.1. Pop-up; 9.2.4.3.1.2. Oven; 9.2.4.3.1.3. Conveyor
10. Middle East & Africa Toaster Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. Market Size Estimates and Forecast; 10.2.1. By Product (Value); 10.2.1.1. Pop-up; 10.2.1.2. Oven; 10.2.1.3. Conveyor; 10.2.2. By Application (Value); 10.2.2.1. Residential; 10.2.2.2. Commercial; 10.2.3. By Distribution Channel (Value); 10.2.3.1. Online; 10.2.3.2. Offline; 10.2.4. By Country (Value); 10.2.4.1. UAE; 10.2.4.1.1. By Product; 10.2.4.1.1.1. Pop-up; 10.2.4.1.1.2. Oven; 10.2.4.1.1.3. Conveyor; 10.2.4.2. South Africa; 10.2.4.2.1. By Product; 10.2.4.2.1.1. Pop-up; 10.2.4.2.1.2. Oven; 10.2.4.2.1.3. Conveyor; 10.2.4.3. Rest of Middle East & Africa; 10.2.4.3.1. By Product; 10.2.4.3.1.1. Pop-up; 10.2.4.3.1.2. Oven; 10.2.4.3.1.3. Conveyor
11. Competitive Matrix: 11.1. Business Strategies Adopted by Leading Players; 11.2. Global Toaster Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2023
12. Company Profiles: 12.1. Panasonic Corporation; 12.1.1. Overview; 12.1.2. Description; 12.1.3. Product Portfolio; 12.1.4. Financials (Data as available in public domain and/or on paid databases); 12.1.5. Recent Developments; 12.2. LG Electronics; 12.2.1. Overview; 12.2.2. Description; 12.2.3. Product Portfolio; 12.2.4. Financials (Data as available in public domain and/or on paid databases); 12.2.5. Recent Developments; 12.3. Samsung Electronics Co. Ltd.; 12.3.1. Overview; 12.3.2. Description; 12.3.3. Product Portfolio; 12.3.4. Financials (Data as available in public domain and/or on paid databases); 12.3.5. Recent Developments; 12.4. Gorenje; 12.4.1. Overview; 12.4.2. Description; 12.4.3. Product Portfolio; 12.4.4. Financials (Data as available in public domain and/or on paid databases); 12.4.5. Recent Developments; 12.5. Haier Group Corporation; 12.5.1. Overview; 12.5.2. Description; 12.5.3. Product Portfolio; 12.5.4. Financials (Data as available in public domain and/or on paid databases); 12.5.5. Recent Developments; 12.6. De’Longhi S.p.A.; 12.6.1. Overview; 12.6.2. Description; 12.6.3. Product Portfolio; 12.6.4. Financials (Data as available in public domain and/or on paid databases); 12.6.5. Recent Developments; 12.7. Severin Elektrogerate GmbH; 12.7.1. Overview; 12.7.2. Description; 12.7.3. Product Portfolio; 12.7.4. Financials (Data as available in public domain and/or on paid databases); 12.7.5. Recent Developments; 12.8. BSH Hausgerate GmbH; 12.8.1. Overview; 12.8.2. Description; 12.8.3. Product Portfolio; 12.8.4. Financials (Data as available in public domain and/or on paid databases); 12.8.5. Recent Developments; 12.9. HAEGER; 12.9.1. Overview; 12.9.2. Description; 12.9.3. Product Portfolio; 12.9.4. Financials (Data as available in public domain and/or on paid databases); 12.9.5. Recent Developments; 12.10. Walten Hi-Tech Industries Ltd.; 12.10.1. Overview; 12.10.2. Description; 12.10.3. Product Portfolio; 12.10.4. Financials (Data as available in public domain and/or on paid databases); 12.10.5. Recent Developments
13. Strategic Recommendations/ Market Opportunities: 14.