Global Toasters Market Growth 2023-2029

Global Toasters Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Toasters Industry Forecast” looks at past sales and reviews total world Toasters sales in 2022, providing a comprehensive analysis by region and market sector of projected Toasters sales for 2023 through 2029. With Toasters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Toasters industry.
This Insight Report provides a comprehensive analysis of the global Toasters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Toasters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Toasters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Toasters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Toasters.
The global Toasters market size is projected to grow from US$ 1296.5 million in 2022 to US$ 1475.7 million in 2029; it is expected to grow at a CAGR of 1475.7 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Toasters market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
2 Slice Toasters
4 Slice Toasters
Others
Segmentation by application
Household
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
West Bend
BELLA
Black & Decker
Breville
Cuisinart
Dualit
De’Longhi S.p.A.
Hamilton Beach
Kenmore
KitchenAid
Krups
Sunbeam
Waring
Toastmaster
Key Questions Addressed in this Report
What is the 10-year outlook for the global Toasters market?
What factors are driving Toasters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Toasters market opportunities vary by end market size?
How does Toasters break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.