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Global Toast Maker Market Size, Share, Growth, Forecast: By Product Type: Pop-Up Toaster, Toaster Oven, Conveyor Toaster; By Application: Residential, Commercial; By Distribution Channel: Home Appliance Store, Supermarket, Online; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Toast Maker Market Outlook
The global toast maker market size reached a value of approximately USD 3.76 billion in 2022. The market is expected to grow at a CAGR of 4.90% between 2023 and 2028, reaching a value of USD 4.97 billion by 2028.
Key Trends in the Market
A toast maker is an electrical device which uses heat to toast a piece of bread, making it crisp, hot, and brown, by heating it evenly and keeping it crisp without hardening the crust. Various types of toast makers are available, depending upon type of toasting and volume of bread that can be toasted at a time.
- Rising trend of having light breakfast such as toast is supporting the growth of the toast maker market. Toast makers are versatile devices that are convenient to use and easy to clean which help the users save time.
- Toast makers do not require additional oils or fats to cook the bread, due to which it is considered a healthy cooking device and is increasing in popularity among health-conscious consumers.
- Development of technologically advanced toast makers such as smart toast makers is gaining popularity all across the world. These toast makers can be coordinated with the user’s smartphone or other connected devices for desired end product.
Market Analysis
Based on product type, the market is segmented into pop-up toaster, toaster oven, and conveyor toaster. On the basis of application, the market is bifurcated into residential and commercial. By distribution channel, the market is categorised into home appliance store, supermarket, and online. On the basis of region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global toast maker market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- West Bend Co.
- Sensio Inc.
- Stanley Black & Decker, Inc.
- Breville USA, Inc.
- Cuisinart
- Dualit Limited
- De’ Longhi Appliances S.r.l.
- Hamilton Beach Brands, Inc.
- Whirlpool Corporation
- Groupe SEB USA
- Newell Brands Inc.
- Others
Market Share by Product Type
Pop-up toaster segment is anticipated to hold a sizable share of the toast maker market by type because of its compact size and low energy requirements to make toast. These toasters are quite user-friendly and convenient which is further increasing their demand from consumers globally, especially from the working individuals with busy lifestyles. Pop-up toasters are available in different sizing configurations, such as 2 slice, 4 slice, and 6 slices, due to which is commonly preferred in residential applications.
Market Share by Region
Europe accounts for a significant share of the toast maker market owing to the widespread consumption of toast as a breakfast with morning tea or coffee. Depending upon the country, toast can be served with butter, jams, jellies, marmalades, spreads, and other fillings, facilitating easy customisation as per local preference. Availability of artisanal breads and bakeries in Europe is also increasing the demand for toast makers in residential and commercial settings.
Competitive Landscape
West Bend Co. was founded in 1911 and is headquartered in Wisconsin, United States. This appliance manufacturing company produces household appliances such as mixers, slow cookers, bread makers, and coffee urns, among others.
Sensio Inc. is a kitchen appliance and homeware company that was founded in 2003 and is headquartered in Montreal, Canada. They manufacture appliances utilised in homes and kitchens such as coffee, tea and espresso machines, and ovens and toasters.
Stanley Black & Decker, Inc. was founded in 1843 and has its headquarters located in Connecticut in the United States. This manufacturing company is known globally for producing household hardware and industrial tools.
Other market players include Breville USA, Inc., Cuisinart, Dualit Limited, De’ Longhi Appliances S.r.l., Hamilton Beach Brands, Inc., Whirlpool Corporation, Groupe SEB USA, and Newell Brands Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Toast Maker Market Analysis
8.1 Key Industry Highlights
8.2 Global Toast Maker Historical Market (2018-2022)
8.3 Global Toast Maker Market Forecast (2023-2028)
8.4 Global Toast Maker Market by Product Type
8.4.1 Pop-Up Toaster
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Toaster Oven
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Conveyor Toaster
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Toast Maker Market by Application
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Toast Maker Market by Distribution Channel
8.6.1 Home Appliance Store
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Supermarket
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Online
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.7 Global Toast Maker Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Toast Maker Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Toast Maker Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Toast Maker Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Toast Maker Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Toast Maker Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 West Bend Co.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Sensio Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Stanley Black & Decker, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Breville USA, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cuisinart
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Dualit Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 De’ Longhi Appliances S.r.l.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Hamilton Beach Brands, Inc
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Whirlpool Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Groupe SEB USA
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Newell Brands Inc.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Trade Data Analysis (HS Code - 851672)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Toast Maker Market: Key Industry Highlights, 2018 and 2028
2. Global Toast Maker Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Toast Maker Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Toast Maker Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Toast Maker Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Toast Maker Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
7. Global Toast Maker Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
8. Global Toast Maker Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Toast Maker Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Toast Maker Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Toast Maker Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Toast Maker Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Toast Maker Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Toast Maker Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Toast Maker Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Toast Maker Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Toast Maker Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Toast Maker Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Toast Maker Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Toast Maker Market Structure
Key Questions Answered in the Report
The global market for toast makers reached a value of approximately USD 3.76 billion in 2022.
The market is expected to grow at a CAGR of 4.90% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach around USD 4.97 billion by 2028.
The key drivers in the market are increasing consumption of toasted bread, growing snacking habit, rising demand for convenient foods, and busy lifestyles of working individuals.
The key trends of the market are rising trend of light breakfasts, increasing preference for low fat cooking, use of toast makers for various receipts, and technological advancements.
The various product types of toast makers in the market include pop-up toaster, toaster oven, and conveyor toaster.
The different distribution channels for toast makers are home appliance stores, supermarkets, and online.
The key players in the toast maker market, according to the report, are West Bend Co., Sensio Inc., Stanley Black & Decker, Inc., Breville USA, Inc., Cuisinart, Dualit Limited, De’ Longhi Appliances S.r.l., Hamilton Beach Brands, Inc., Whirlpool Corporation, Groupe SEB USA, and Newell Brands Inc., among others.
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