Global Bread Maker Market 2024-2028
Technavio has been monitoring the bread maker market and is forecast to grow by USD 309 mn during 2023-2028, accelerating at a CAGR of 10.08% during the forecast period. Our report on the bread maker market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovations and advances leading to portfolio extension and product premiumization, increasing number of product launches, and growth in online sales.
Technavio's bread maker market is segmented as below:
By Distribution Channel
By Product
- Automatic bread maker
- Regular bread maker
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of multi-functional and advanced products as one of the prime reasons driving the bread maker market growth during the next few years. Also, growing adoption of smart household appliances and growing smartphone penetration and increasing internet speed will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the bread maker market covers the following areas:
- Bread maker market sizing
- Bread maker market forecast
- Bread maker market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bread maker market vendors that include AGARO, Bajaj Electricals Ltd., Breville Group Ltd., Cuisinart, DeLonghi Group, Glen Dimplex Europe Holdings Ltd., Hamilton Beach Brands Holding Co., JVCKENWOOD Corp., KENT RO Systems Ltd., Koninklijke Philips N.V., Lifelong Online Retail Pvt. Ltd., NESCO, Newell Brands Inc., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., SANA PRODUCTS LTD., SEB Developpement SA, Sharp Corp., Siroca Inc., Stanley Black and Decker Inc., and Zojirushi Corp.. Also, the bread maker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.