Global Toaster Market to reach USD XX billion by 2027.Global Toaster Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Toaster offers an enhanced convenience to prepare an easy breakfast and it can also be used for baking, pizzas, crumpets, waffles and others. Rising consumer demand for electric kitchen appliances, need for preparing breakfasts quickly due to hectic schedules owing to rise in population of working women and growth in foodservices and hotel industry are the factors fueling demand for toasters in the market. Also, women employment rate in United States has increased from 53.1% in 2012 to 55.4% in 2019. Furthermore, technological advancements and rapid urbanization are expected to grow the market during forecast period. Such as, in June 2021, Redmond launched a full touch screen LED display stainless steel toaster, that comes with a LED display, two-slice toaster, six bread shade browning settings, and bagel/ reheat/ defrost/ cancel options. However, high cost oof toasters and high repair cost may hinder growth during forecast period.

Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, Asia Pacific is the leading region across the world in terms of market share due to rising presence of leading quick service restaurant and growing urbanization in the region. Whereas, North America is expected to exhibit the highest growth rate during forecast period, owing to greater adoption of advanced kitchen appliances and expansion of coffee shops in the region.
Major market player included in this report are:

De'Longhi S.p.A.
Hamilton Beach
Cuisinart
KitchenAid
Black & Decker
Toastmaster
West Bend
Breville USA, Inc.
Dualit Limited
Waring Commercial

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Pop-up toasters
Toaster ovens
Conveyor toasters
By Application:
Commercial
Residential


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Toaster Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors