Market Overview:
The global toast machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for toast machines from both, household and commercial applications. Additionally, the growing awareness about healthy eating habits is also propelling the demand for toast machines across the globe. On the basis of type, 2 slice toasters are expected to account for a major share of the global toast machine market during the forecast period. This can be attributed to their low price and easy-to-use features.
Product Definition:
A toast machine is a small appliance used to make toast. It has a heating element to heat the bread and an ejection mechanism to pop the toast out.
2 Slice Toasters:
2 slice toasters is a kitchen appliance that functions as a bread baking unit. It has the ability to produce two slices of bread at one time. The 2 slice toaster can be used for both thick and thin slices of bread with different sizes. This device is very convenient when there are only two people in the house because it reduces the work done by half, hence making it more efficient than 1 slice toasters which requires 4-5 persons in household for its usage.
4 Slice Toasters:
4 slice toasters are small kitchen appliances used for toasting bread products such as sandwiches, frozen bread, bagels and many more. It is a simple device with four slots in one side and a removable tray on the other side. The heat source can be an electric plug-in or a battery-operated portable model. Some models have variable browning control while others have not.
Application Insights:
The household application segment dominated the global toast machine market in 2017. The rising number of nuclear families in developing countries including India and China is expected to be a major factor driving the demand for toasters over the forecast period. Moreover, increasing disposable income levels has led to an increase in households owning appliances such as washing machines and tumble dryers, which is further anticipated to drive growth over the next eight years.
The commercial application segment accounted for a share of more than 40% in 2017 owing to growing hospitality industry across regions including Asia Pacific, Middle East & Africa and Europe. In addition, manufacturers are entering into partnerships with hotels which are part of their marketing strategies aimed at increasing product visibility through placement at breakfast tables across hotels worldwide. This trend is expected to continue driving product demand over the forecast period thus leading towards higher market penetration by 2030 when compared with present time.
Regional Analysis:
North America dominated the global toast machine market in 2017 owing to the high demand for convenient options for breakfast preparation. The presence of a large number of manufacturers and consumers has led to an increased availability of various types of toast machines in this region. Moreover, with changing lifestyles, people are opting for convenient options such as single-slice or multi-slice bread products that can be cooked using different methods such as automatic and manual. This trend is expected to drive the demand further.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing penetration by international brands along with rising consumer awareness regarding healthy eating habits in developing countries including China and India.
Growth Factors:
- Increasing demand for convenience foods: The toast machine market is expected to benefit from the increasing demand for convenience foods, as they offer a quick and easy way to prepare a meal.
- Rising disposable income: With rising disposable incomes, consumers are increasingly able to afford luxury appliances such as toast machines. This is likely to drive growth in the toast machine market over the forecast period.
- Growing popularity of breakfast bars and cafes: The growing popularity of breakfast bars and cafes is also expected to benefit the toast machine market, as these establishments typically use commercial-grade machines for preparing toast quickly and easily.
- Technological advancements: Manufacturers are introducing new technologies into their products in order to make them more efficient and user-friendly, which is likely to spur growth in the global Toast Machine market over the forecast period. 5) Growing awareness about healthy eating habits: There has been a growing awareness among consumers about healthy eating habits in recent years, which has led them to seek out appliances that can help them prepare healthier meals quickly and easily
Scope Of The Report
Report Attributes
Report Details
Report Title
Toast Machine Market Research Report
By Type
2 Slice Toasters, 4 Slice Toasters, Others
By Application
Household, Commercial
By Companies
West Bend, Black & Decker, Breville, Cuisinart, Dualit, De'Longhi International, Hamilton Beach, Kenmore, KitchenAid, Sunbeam, Waring
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Toast Machine Market Report Segments:
The global Toast Machine market is segmented on the basis of:
Types
2 Slice Toasters, 4 Slice Toasters, 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
Household, 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:
- West Bend
- Black & Decker
- Breville
- Cuisinart
- Dualit
- De'Longhi International
- Hamilton Beach
- Kenmore
- KitchenAid
- Sunbeam
- Waring
Highlights of The Toast Machine 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:
- 2 Slice Toasters
- 4 Slice Toasters
- Others
- By Application:
- Household
- 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 Toast Machine 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Toast Machine is a kitchen appliance that cooks bread by heating it until it becomes crispy.
Some of the major players in the toast machine market are West Bend, Black & Decker, Breville, Cuisinart, Dualit, De'Longhi International, Hamilton Beach, Kenmore, KitchenAid, Sunbeam, Waring.
The toast machine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Toast Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Toast Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Toast Machine Market - Supply Chain
4.5. Global Toast Machine Market Forecast
4.5.1. Toast Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Toast Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Toast Machine Market Absolute $ Opportunity
5. Global Toast Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Toast Machine Market Size and Volume Forecast by Type
5.3.1. 2 Slice Toasters
5.3.2. 4 Slice Toasters
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Toast Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Toast Machine Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Toast Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Toast Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Toast Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Toast Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Toast Machine Demand Share Forecast, 2019-2026
9. North America Toast Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Toast Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Toast Machine Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Toast Machine Market Size and Volume Forecast by Type
9.7.1. 2 Slice Toasters
9.7.2. 4 Slice Toasters
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Toast Machine Demand Share Forecast, 2019-2026
10. Latin America Toast Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Toast Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Toast Machine Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Toast Machine Market Size and Volume Forecast by Type
10.7.1. 2 Slice Toasters
10.7.2. 4 Slice Toasters
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Toast Machine Demand Share Forecast, 2019-2026
11. Europe Toast Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Toast Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Toast Machine Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Toast Machine Market Size and Volume Forecast by Type
11.7.1. 2 Slice Toasters
11.7.2. 4 Slice Toasters
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
1.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Toast Machine Demand Share, 2019-2026
12. Asia Pacific Toast Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Toast Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Toast Machine Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Toast Machine Market Size and Volume Forecast by Type
12.7.1. 2 Slice Toasters
12.7.2. 4 Slice Toasters
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Toast Machine Demand Share, 2019-2026
13. Middle East & Africa Toast Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Toast Machine Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Toast Machine Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Toast Machine Market Size and Volume Forecast by Type
13.7.1. 2 Slice Toasters
13.7.2. 4 Slice Toasters
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Toast Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Toast Machine Market: Market Share Analysis
14.2. Toast Machine Distributors and Customers
14.3. Toast Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. West Bend
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Black & Decker
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Breville
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cuisinart
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dualit
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. De'Longhi International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hamilton Beach
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kenmore
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. KitchenAid
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sunbeam
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Waring
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
