Market Overview:
The global 2 slice toaster market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, growing urbanization, and increasing disposable income. In terms of type, the stainless steel segment is expected to lead the global 2 slice toaster market during the forecast period. This can be attributed to its properties such as durability and corrosion resistance. In terms of application, the homeuse segment is expected to lead the global 2 slice toaster market during the forecast period.
Product Definition:
A 2 slice toaster is a small appliance that can be used to toast bread, bagels, waffles, and other items. It has two slots in which the item to be toasted is inserted and then heated. This type of toaster is typically less expensive than larger models and occupies less counter space.
Stainless Steel:
Stainless steel is a hard, corrosion-resistant metal. It has many characteristics that make it preferable for use in toasters including high resistance to stain and rust, easy cleaning due to its dryness and the ability of its surface to reflect heat.
Chrome:
Chrome is a type of metal, which is used in the production of alloys. It has good electrical and thermal properties, high corrosion resistance and excellent wear resistance. Chrome alloys are widely used in manufacturing broilers (frying pans) for fast food restaurants as it helps to provide long-lasting non-stick coating.
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. The product is widely used in hotels, restaurants and other food service industries to toast bread products quickly and consistently. It can also be used at home for toasting bagels, croissants, pastries and other similar baked goods easily without burning the outside while keeping the inside moistened with hot air from the unit.
Regional Analysis:
North America dominated the global 2 slice toasters market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to an increase in consumer preference for convenience food products and a rise in disposable income per capita. Moreover, an increasing number of households are turning into nuclear families, thereby creating demand for smaller household appliances such as 2-slice toasters.
Asia Pacific is anticipated to be one of the fastest growing regions due its large population base.
The European region accounted for more than 20% share in 2017 owing both interior product design.
Growth Factors:
- Increasing demand for convenience foods: The growth of the 2 slice toaster market is mainly attributed to the increasing demand for convenience foods. With busy lifestyles, people are looking for ways to save time in the kitchen and toast is one of the quickest and simplest ways to do so.
- Rising disposable income: Another key factor driving growth in the 2 slice toaster market is rising disposable incomes around the world. As consumers become more affluent, they are increasingly able to afford premium appliances such as 2 slice toasters that offer better performance and features than traditional models.
- Growing popularity of breakfast sandwiches: Breakfast sandwiches have become increasingly popular in recent years, with many people opting for this quick and convenient meal option instead of traditional breakfast items like eggs or pancakes. A 2 slice toaster is an essential tool for making perfect breakfast sandwiches at home quickly and easily.
- Innovations in design and technology: To stay competitive, manufacturers are constantly introducing new designs and technologies into their 2 slice toasters lines-up. This has helped fuel consumer interest in these products, as buyers can now choose from a wider range of options with different features depending on their needs and preferences . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
2 Slice Toaster Market Research Report
By Type
Stainless Steel, Chrome, Others
By Application
Homeuse, Commercial
By Companies
Oster, Hamilton Beach, Conair (Cuisinart), iFedio, DASH, IKICH, LOFTER, YOPIDOFO, Bonsenkitchen, Argos, KitchenAid, Smeg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global 2 Slice Toaster Market Report Segments:
The global 2 Slice Toaster market is segmented on the basis of:
Types
Stainless Steel, Chrome, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homeuse, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oster
- Hamilton Beach
- Conair (Cuisinart)
- iFedio
- DASH
- IKICH
- LOFTER
- YOPIDOFO
- Bonsenkitchen
- Argos
- KitchenAid
- Smeg
Highlights of The 2 Slice Toaster Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel
- Chrome
- Others
- By Application:
- Homeuse
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2 Slice Toaster Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A 2 slice toaster is a small, compact toaster that can be used for either bread or bagels. It has two slots and is easy to use.
Some of the major companies in the 2 slice toaster market are Oster, Hamilton Beach, Conair (Cuisinart), iFedio, DASH, IKICH, LOFTER, YOPIDOFO, Bonsenkitchen, Argos, KitchenAid, Smeg.
The 2 slice toaster market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2 Slice Toaster Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 2 Slice Toaster Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 2 Slice Toaster Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the 2 Slice Toaster Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global 2 Slice Toaster Market Size & Forecast, 2020-2028 4.5.1 2 Slice Toaster Market Size and Y-o-Y Growth 4.5.2 2 Slice Toaster Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Chrome
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Homeuse
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2 Slice Toaster Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2 Slice Toaster Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Chrome
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Homeuse
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Chrome
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Homeuse
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Chrome
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Homeuse
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Chrome
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Homeuse
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Chrome
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Homeuse
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2 Slice Toaster Market: Competitive Dashboard
14.2 Global 2 Slice Toaster Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oster
14.3.2 Hamilton Beach
14.3.3 Conair (Cuisinart)
14.3.4 iFedio
14.3.5 DASH
14.3.6 IKICH
14.3.7 LOFTER
14.3.8 YOPIDOFO
14.3.9 Bonsenkitchen
14.3.10 Argos
14.3.11 KitchenAid
14.3.12 Smeg