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.

Market Analysis and Insights: Global Toasters Market

Due to the COVID-19 pandemic, the global Toasters market size is estimated to be worth US$ 1325.3 million in 2022 and is forecast to a readjusted size of US$ 1503.8 million by 2029 with a CAGR of 1.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, 2 Slice Toasters accounting for % of the Toasters global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Household segment is altered to an % CAGR throughout this forecast period.

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%.

Global Toasters Scope and Market Size

The global Toasters market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Toasters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


2 Slice Toasters

4 Slice Toasters

Others


Segment by Application


Household

Commercial

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


West Bend

BELLA

Black & Decker

Breville

Cuisinart

Dualit

De’Longhi S.p.A.

Hamilton Beach

Kenmore

KitchenAid

Krups

Sunbeam

Waring

Toastmaster