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Toaster Market Size, Share & Trends Analysis Report By Product, By Application, By Region, And Segment Forecasts, 2025 - 2030

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    Report

  • 80 Pages
  • December 2024
  • Region: Global
  • Grand View Research
  • ID: 6040926
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Toaster Market Growth & Trends

The global toaster market size is expected to reach USD 6.50 billion by 2030, registering a 6.3% from 2025 to 2030. The market is mainly driven by increasing demand from quick service restaurants. This is one of the best labor-saving appliances used across homes, hotels, cafes, and restaurants. Technological advancements in the appliance over years has significantly benefited market growth. Manufacturers are constantly looking to innovate new and versatile appliances that can fit into different spaces, have various capabilities and sizes, and offer varied heating specifications that can range from simplistic to extreme, depending on how one prefers their bread.

Significant improvement in purchasing power of consumers for advanced kitchen appliances in developing countries such as China and India has also had a positive impact on product demand over the forecast period. In light of this, the market in Asia Pacific accounted for over 40.0% of the revenue in 2018. Increasing consumption of various types of breads for breakfast among many South Asian countries is driving the market. For instance, a study by Japanese consulting and economic research firm Nomura Research Institute, Ltd. finds that close to 51.0% of people in Japan prefer bread as part of their breakfast meal, overtaking the traditionally preferred item - rice.

On the basis of product, the toaster market is segmented into pop-up, oven, and conveyor toasters. Pop-up toasters held the largest market share in 2018 and are the most preferred type among consumers. These appliances consume lesser energy as compared to toasting bread in the oven or stove, which are less efficient. Conveyor toasters form the fastest growing segment owing to rising demand in commercial applications such as restaurants and hotels as they can toast larger quantities compared to household variants such as pop-up toasters.

By way of application, the residential sector accounted for the dominant share in 2018. With bread being a vital breakfast item for consumers across the globe, the convenience provided by toasters for a quick, easy, and delicious breakfast will continue to be a key factor keeping product demand high in the residential segment. Nevertheless, the commercial sector will register the fastest growth over the forecast period.

An increasing number of manufacturers and distributors have been entering the industry, ensuring stiff competition. The market is primarily dominated by regional and local players and more than 60.0% of the market is reportedly unorganized. New product launches, strong marketing campaigns, and strategic partnerships and collaborations are, therefore, crucial to holding a prominent position in the market. For instance, the steam toaster by Balmuda, a Japanese design and manufacturing company, uses steam technology and temperature control to keep the bread from drying out. A small amount of water is poured into the toaster, which ensures retention of moisture and aroma of the bread.

Toaster Market Report Highlights

  • Pop-up toasters dominated the market, with the largest revenue share of 53.7% in 2024. Pop-up toasters are highly popular due to their convenience and ease of use, making them a staple in many households.
  • The residential segment dominated the market with the largest revenue share in 2024. The rising trend of home cooking and the growing interest in convenient and efficient kitchen appliances among consumers are major contributors.
  • Asia Pacific toaster industry dominated the global market with the largest revenue share of 38.0% in 2024.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Toaster Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Toaster Market: Product Estimates & Trend Analysis
5.1. Toaster Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
5.3.1. Pop-up Toasters
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Toasters Ovens
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.3. Conveyer Toasters
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Toaster Market: Application Estimates & Trend Analysis
6.1. Toaster Market, By Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, By Application , 2018 - 2030 (USD Million)
6.3.1. Commercial
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Residential
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Toaster Market: Regional Estimates & Trend Analysis
7.1. Toaster Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.2. UK
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.3. India
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.4. Japan
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.5. Australia
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.6. South Korea
7.3.3.6.1. Key country dynamics
7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.4. Latin America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Toaster Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. De’ Longhi Appliances S.r.l.
8.9.1.1. Company Overview
8.9.1.2. Financial Performance
8.9.1.3. Product Portfolios
8.9.1.4. Strategic Initiatives
8.9.2. Hamilton Beach
8.9.2.1. Company Overview
8.9.2.2. Financial Performance
8.9.2.3. Product Portfolios
8.9.2.4. Strategic Initiatives
8.9.3. Cuisinart
8.9.3.1. Company Overview
8.9.3.2. Financial Performance
8.9.3.3. Product Portfolios
8.9.3.4. Strategic Initiatives
8.9.4. KitchenAid
8.9.4.1. Company Overview
8.9.4.2. Financial Performance
8.9.4.3. Product Portfolios
8.9.4.4. Strategic Initiatives
8.9.5. Toastmasters International
8.9.5.1. Company Overview
8.9.5.2. Financial Performance
8.9.5.3. Product Portfolios
8.9.5.4. Strategic Initiatives
8.9.6. West Bend Insurance Company
8.9.6.1. Company Overview
8.9.6.2. Financial Performance
8.9.6.3. Product Portfolios
8.9.6.4. Strategic Initiatives
8.9.7. Breville Pty Limited
8.9.7.1. Company Overview
8.9.7.2. Financial Performance
8.9.7.3. Product Portfolios
8.9.7.4. Strategic Initiatives
8.9.8. Dualit
8.9.8.1. Company Overview
8.9.8.2. Financial Performance
8.9.8.3. Product Portfolios
8.9.8.4. Strategic Initiatives
8.9.9. WARING COMMERCIAL
8.9.9.1. Company Overview
8.9.9.2. Financial Performance
8.9.9.3. Product Portfolios
8.9.9.4. Strategic Initiatives
8.9.10. Black & Decker
8.9.10.1. Company Overview
8.9.10.2. Financial Performance
8.9.10.3. Product Portfolios
8.9.10.4. Strategic Initiatives
List of Tables
Table 1. Global toaster market: Key market driver analysis
Table 2. Global toaster market: Key market restraint analysis
Table 3. Global toaster market estimates & forecast, by product (USD Million)
Table 4. Global toaster market estimates & forecast, by application (USD Million)
Table 5. Global toaster market estimates & forecast, by region (USD Million)
Table 6. North America toaster market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 7. North America toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 8. North America toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 9. U.S. macro-economic outlay
Table 10. U.S. toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 11. U.S. toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 12. Canada macro-economic outlay
Table 13. Canada toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 14. Canada toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 15. Mexico macro-economic outlay
Table 16. Mexico toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 17. Mexico toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 18. Europe toaster market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 19. Europe toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 20. Europe toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 21. UK macro-economic outlay
Table 22. UK toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 23. UK toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 24. Germany macro-economic outlay
Table 25. Germany toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 26. Germany toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 27. France macro-economic outlay
Table 28. France toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 29. France toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 30. Italy macro-economic outlay
Table 31. Italy toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 32. Italy toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 33. Spain macro-economic outlay
Table 34. Spain toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 35. Spain toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 36. Asia Pacific toaster market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 37. Asia Pacific toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 38. Asia Pacific toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 39. China macro-economic outlay
Table 40. China toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 41. China toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 42. India macro-economic outlay
Table 43. India toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 44. India toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 45. Japan macro-economic outlay
Table 46. Japan toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 47. Japan toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 48. Australia macro-economic outlay
Table 49. Australia toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 50. Australia toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 51. South Korea macro-economic outlay
Table 52. South Korea toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 53. South Korea toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 54. Latin America toaster market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 55. Latin America toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 56. Latin America toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 57. Argentina macro-economic outlay
Table 58. Argentina toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 59. Argentina toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 60. Middle East & Africa toaster market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 61. Middle East & Africa toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 62. Middle East & Africa toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 63. South Africa macro-economic outlay
Table 64. South Africa toaster market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 65. South Africa toaster market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 66. Recent developments & impact analysis, by key market participants
Table 67. Company market share, 2024 (%)
Table 68. Company heat map analysis, 2024
Table 69. Companies implementing key strategies
List of Figures
Fig. 1 Toaster market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and toaster size (USD Million)
Fig. 11 Global toaster size, 2018 to 2030 (USD Million)
Fig. 12 Toaster market: Penetration & growth prospect mapping
Fig. 13 Toaster market: Value chain analysis
Fig. 14 Toaster market: Dynamics
Fig. 15 Toaster market: Porter’s five forces analysis
Fig. 16 Toaster market estimates & forecast, by product (USD Million)
Fig. 17 Pop-toasters market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Toasters ovens market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Conveyor toasters market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 20 Toaster market estimates & forecast, by application (USD Million)
Fig. 21 Toaster market estimates & forecasts for commercial, 2018 - 2030 (USD Million)
Fig. 22 Toaster market estimates & forecasts for residential, 2018 - 2030 (USD Million)
Fig. 23 Toaster market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 24 Regional marketplace: Key takeaways
Fig. 25 North America toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 26 US toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 Canada toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Mexico toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 Europe toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Germany toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 UK toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 France toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 Italy toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Spain toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 Asia Pacific toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 China toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 India toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 Japan toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Australia toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 South Korea toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 Latin America toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Brazil toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Middle East & Africa toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 South Africa toaster market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 Key company categorization
Fig. 46 Company market share analysis, 2024
Fig. 47 Strategic framework of toaster

Companies Mentioned

  • De’ Longhi Appliances S.r.l.
  • Hamilton Beach
  • KitchenAid
  • Black & Decker
  • Toastmasters International
  • West Bend Insurance Company
  • Breville Pty Limited
  • Dualit
  • WARING COMMERCIAL

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 4.55 billion
Forecasted Market Value ( USD ) by 2030 $ 6.5 billion
Compound Annual Growth Rate6.3%
Regions CoveredGlobal
No. of Companies Mentioned9

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About the Toaster Market

The toaster market is a subset of the larger household appliance industry. Toasters are small kitchen appliances used to toast bread, bagels, and other items. They are typically powered by electricity and come in a variety of sizes and styles. Toasters are typically sold in retail stores, online, and through catalogs. Toasters are typically sold as part of a larger kitchen appliance package, such as a toaster oven, microwave, or coffee maker. They are also sold as standalone items. Toasters come in a variety of colors, sizes, and styles, including traditional, convection, and digital models. Toasters are typically made from metal, plastic, or a combination of both. They are designed to be easy to use and maintain, and many models come with features such as adjustable temperature settings, automatic shut-off, and removable crumb trays. Some of the major companies in the toaster market include Breville, Cuisinart, Hamilton Beach, KitchenAid, Oster, and Sunbeam. Show Less Read more

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