The latest report by IMARC Group, titled “Toaster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on the global toaster market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global toaster market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global toaster market to grow at a CAGR of around 4% during 2021-2026. A toaster refers to an electronic kitchen appliance that converts electrical energy to heat energy. It generally includes thin filaments, a tray, a lever, moderation buttons, timers, knobs, and thermostats. A toaster is designed for baking or grilling muffins, waffles, bread slices, etc. The exposure to heat results in the conversion of numerous types of sliced bread into toasted slices. Modern toasters are also capable of cooking pizzas, cookies, and other protein-based dishes. Consequently, toasters are widely utilized across commercial and residential establishments.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Note: We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Market Trends:
The growing adoption of electric kitchen appliances and the elevating levels of urbanization are among the primary factors driving the toaster market across the globe. In addition to this, the increasingly hectic work schedules and sedentary lifestyles of consumers are further augmenting the market growth. Moreover, the rising usage of toasters in hotels, fast-food joints, restaurants, cafes, etc., is acting as another significant growth-inducing factor. Apart from this, the introduction of advanced toasters with Bluetooth connectivity, automatic cutoff, and lid-on features to cater to the toasting preferences of multiple users is also positively influencing the global market. Furthermore, the launch of compact and energy-efficient variants is anticipated to bolster the toaster market over the forecasted period.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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
- Waring Commercial
Breakup by Product:
- Pop-up Toasters
- Toaster Oven
- Conveyor Toasters
Breakup by Application:
- Commercial
- Residential
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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