Market Overview:
The global toaster market exhibited moderate growth during 2015-2020. A toaster is an electrical appliance used for cooking bread, muffins and waffles. Some of the commonly used variants include pop-up, oven and conveyor toasters. They consist of thin filaments, a lever, tray, moderation buttons, knobs, timers and thermostats. The toaster is plugged into a power source to charge the filaments spaced widely enough to toast the whole surface of the bread. They offer enhanced convenience to prepare an easy and convenient breakfast and can also be used for baking cookies, waffles, crumpets and pizzas. The commercially used conveyor toasters include a metal-mesh conveyor belt, which constantly moves the bread through the heating element.
Rapid urbanization and the increasing consumer demand for electric kitchen appliances across the globe, represents as the key factors driving the market growth. With the changing lifestyles and hectic schedules, consumers are increasingly using electric toasters to prepare their food quickly and with ease. Moreover, significant growth in the foodservice and hotel industries is creating a positive outlook for the market. Hotels, restaurants, fast-food joints and cafes are widely using a variety of toasters to provide unique and innovative dishes to their customers. Additionally, various product innovations, such as the development of advanced variants with Bluetooth-connectivity and automatic cutoff and lid-on features, are acting as other growth-inducing factors. These novel variants can be connected to a smartphone application and can track the toasting preference of multiple users. Other factors, including rising expenditure capacities of the consumers, along with the development of compact and energy-efficient variants, are anticipated to drive the market further. Looking forward, IMARC Group expects the global toaster market to grow at a CAGR of around 4% during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global toaster market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, application and distribution channel.
Breakup by Product:
- Pop-up Toasters
- Toaster Oven
- Conveyor Toasters
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Breville USA Inc., Cuisinart, De’Longhi Appliances S.r.l., Dualit Limited, Hamilton Beach Brands Inc., Hatco Corporation, KitchenAid Inc (Whirlpool Corporation), Stanley Black & Decker Inc., Star Manufacturing International Inc (The Middleby Corporation), The Legacy Companies LLC and Waring Commercial.
Key Questions Answered in This Report:
- How has the global toaster market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global toaster market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global toaster market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Toaster Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Pop-up Toasters
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Toaster Oven
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Conveyor Toasters
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Commercial
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Residential
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Offline
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Online
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Breville USA Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cuisinart
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 De’Longhi Appliances S.r.l.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Dualit Limited
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Hamilton Beach Brands Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Hatco Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 KitchenAid Inc (Whirlpool Corporation)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Stanley Black & Decker Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Star Manufacturing International Inc (The Middleby Corporation)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 The Legacy Companies LLC
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Waring Commercial
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Toaster Market: Major Drivers and Challenges
Figure 2: Global: Toaster Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Toaster Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Toaster Market: Breakup by Product (in %), 2020
Figure 5: Global: Toaster Market: Breakup by Application (in %), 2020
Figure 6: Global: Toaster Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Global: Toaster Market: Breakup by Region (in %), 2020
Figure 8: Global: Toaster (Pop-up Toasters) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Toaster (Pop-up Toasters) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Toaster (Toaster Oven) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Toaster (Toaster Oven) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Toaster (Conveyor Toasters) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Toaster (Conveyor Toasters) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Toaster (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Toaster (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Toaster (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Toaster (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Toaster (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Toaster (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Toaster (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Toaster (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: United States: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: United States: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Canada: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Canada: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia-Pacific: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia-Pacific: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: China: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: China: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Japan: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Japan: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: India: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: India: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: South Korea: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: South Korea: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Australia: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Australia: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Indonesia: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Indonesia: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Others: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Others: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Europe: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Europe: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Germany: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Germany: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: France: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: France: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: United Kingdom: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: United Kingdom: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Italy: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Italy: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Spain: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Spain: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Russia: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Russia: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Others: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Others: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Latin America: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Latin America: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Brazil: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Brazil: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Mexico: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Mexico: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Middle East and Africa: Toaster Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Middle East and Africa: Toaster Market: Breakup by Country (in %), 2020
Figure 70: Middle East and Africa: Toaster Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Global: Toaster Industry: SWOT Analysis
Figure 72: Global: Toaster Industry: Value Chain Analysis
Figure 73: Global: Toaster Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Toaster Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Toaster Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Toaster Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Toaster Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Global: Toaster Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Toaster Market: Competitive Structure
Table 7: Global: Toaster Market: Key Players