Toast Maker Market
Toast Maker Market Forecasts to 2032 – Global Analysis By Product Type (Pop-Up Toasters, Toaster Ovens, Conveyor Toasters, and Other Product Types), Price Range, Distribution Channel, Feature, Material, Application and By Geography
According to Stratistics MRC, the Global Toast Maker Market is accounted for $1.47 billion in 2025 and is expected to reach $2.63 billion by 2032 growing at a CAGR of 8.6% during the forecast period. A toast maker is a small kitchen device that efficiently toasts bread by applying heat to both sides at once, producing evenly browned slices in a short time. Many units feature adjustable browning controls, non-stick plates for hassle-free cleaning, and safety mechanisms like automatic shut-off. This appliance is widely used to quickly prepare breakfast or snacks, offering a simple and convenient way to enjoy toasted bread.
According to the ‘Flour & Bread Consumption’ report published in 2019 by the National Association of British and Irish Millers, in the U.K. about 60% of flour produced is used for manufacturing of bread products, whereas, about 120 million slices of bread are purchased per day.
Market Dynamics:
Driver:
Increasing demand for convenience
The growing consumer preference for time-saving kitchen appliances is fueling demand for toast makers. Urban lifestyles and busy schedules are prompting households to invest in quick breakfast solutions. Toast makers offer a hassle-free way to prepare meals, aligning with the rising need for convenience. Manufacturers are introducing compact, multi-functional models to cater to space-constrained kitchens. The surge in single-person households and working professionals is further boosting adoption. As smart kitchens become mainstream, toast makers are increasingly viewed as essential daily-use appliances.
Restraint:
High repair and maintenance costs
Components such as heating coils and timers are prone to wear, requiring specialized servicing. Consumers often find replacement parts expensive or hard to source, especially for imported models. This drives reluctance in purchasing high-end variants, impacting overall market growth. Warranty limitations and lack of standardized servicing networks add to the burden. As a result, long-term ownership costs can deter budget-conscious buyers from upgrading or replacing units.
Opportunity:
Integration with smart home ecosystems (IoT)
The integration of toast makers into smart home ecosystems presents a promising growth avenue. IoT-enabled models allow users to control settings remotely via mobile apps or voice assistants. Features like programmable browning levels and auto shut-off enhance user experience and energy efficiency. Manufacturers are exploring connectivity with other kitchen devices to create synchronized breakfast routines. This trend is gaining traction among tech-savvy consumers seeking personalized appliance interactions. As smart home adoption rises globally, toast makers with IoT capabilities are poised to become a staple in connected kitchens.
Threat:
Trade policy and tariffs
Global trade tensions and fluctuating tariffs pose risks to toast maker manufacturers and distributors. Import duties on electrical components and finished goods can inflate production costs. Countries revising trade agreements may disrupt supply chains and sourcing strategies. Smaller brands relying on overseas manufacturing are particularly vulnerable to regulatory shifts. Uncertainty around customs policies can delay shipments and affect inventory planning. These factors may lead to price volatility and reduced competitiveness in international markets.
Covid-19 Impact:
The pandemic initially disrupted toast maker production due to factory shutdowns and supply chain bottlenecks. Consumer spending shifted toward essential goods, temporarily slowing appliance sales. However, prolonged home confinement revived interest in kitchen gadgets, including toast makers. E-commerce platforms saw a surge in demand as consumers upgraded home cooking setups. Brands responded by enhancing digital marketing and offering contactless delivery options. Post-Covid strategies now focus on resilient sourcing, automation, and direct-to-consumer engagement.
The pop-up toasters segment is expected to be the largest during the forecast period
The pop-up toasters segment is expected to account for the largest market share during the forecast period, due to their ease of use, affordability, and compact design make them a preferred choice for households. Pop-up models cater to a wide range of bread types and offer consistent browning results. Technological upgrades such as digital timers and defrost functions are enhancing product appeal. Retailers are stocking diverse variants to meet regional taste preferences and aesthetic trends. As breakfast routines remain central to daily life, pop-up toasters continue to lead in volume and value.
The commercial applications segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the commercial applications segment is predicted to witness the highest growth rate. Hotels, cafes, and quick-service restaurants are increasingly investing in high-capacity, durable models. The rise in breakfast-focused menus and buffet services is driving bulk procurement. Manufacturers are introducing industrial-grade toast makers with faster throughput and programmable settings. Energy-efficient designs and easy maintenance features are attracting foodservice operators. As dining out rebounds post-pandemic, commercial demand for toast makers is set to accelerate.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid urbanization and rising disposable incomes are expanding the consumer base across countries like China, India, and Japan. Local brands are launching affordable models tailored to regional preferences and voltage standards. Government initiatives promoting domestic manufacturing are supporting market growth. Retail penetration through supermarkets and online platforms is increasing product accessibility. The region’s evolving breakfast habits and tech adoption are reinforcing its leadership in the toast maker market.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR. Consumers in the U.S. and Canada are embracing smart kitchen appliances with advanced features. High awareness of energy efficiency and product innovation is driving premium segment growth. Retailers are offering bundled kitchen solutions, boosting toast maker sales. The region benefits from strong e-commerce infrastructure and proactive customer support services. As personalization and automation trends deepen, North America is setting benchmarks for toast maker innovation and adoption.
Key players in the market
Some of the key players in Toast Maker Market include Breville Group Limited, Koninklijke Philips N.V., Panasonic Corporation, Spectrum Brands Holdings, Inc., Hamilton Beach Brands Holding Company, Morphy Richards Ltd., Dualit Ltd., Cuisinart, De’Longhi S.p.A., Sunbeam Products, Inc., KitchenAid, Russell Hobbs Inc., Bajaj Electricals Ltd., Havells India Ltd., TTK Prestige Ltd., Kenwood Limited, and SMEG S.p.A.
Key Developments:
In August 2025, Panasonic Automotive Systems Co., Ltd. and VicOne Corporation have expanded the capabilities of their security innovation to support container environments in next-generation cockpit systems and have completed the technical validation. This security innovation integrates VicOne’s xCarbon vehicle security software into Panasonic Automotive Systems’ VERZEUSE® for Virtualization Extensions Type-3 attack detection and protection innovation, which was announced in October 2024, to expand its capabilities.
In May 2025, Morphy Richards has launched its Central American presence with the opening of its premier brand experience store. The flagship location has seen overwhelming consumer enthusiasm, validating strong demand for the brand's innovative offerings. Consumers here are drawn to Morphy Richards' British heritage and innovative design," stated a key Central American distribution partner. "We're confident the products will resonate widely and plan to steadily expand the local lineup, bringing a blend of classic and innovative appliances into consumers' lives.
Product Types Covered:
• Pop-Up Toasters
• Toaster Ovens
• Conveyor Toasters
• Other Product Types
Price Ranges Covered:
• Low Price Range
• Medium Price Range
• High/Premium Price Range
Distribution Channels Covered:
• Supermarkets & Hypermarkets
• Specialty & Brand Stores
• Online Distribution Channel
• E-commerce Platforms
• Company-owned Websites
• Other Distribution Channels
Features Covered:
• Adjustable Browning Settings
• Automatic Shut-off
• Crumb Tray
• Bagel Setting
• Frozen Food Setting
• Smart Connectivity
• Other Features
Materials Covered:
• Stainless Steel
• Plastic
• Mixed Composite
Applications Covered:
• Residential
• Commercial
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Toast Maker Market, By Product Type
5.1 Introduction
5.2 Pop-Up Toasters
5.2.1 2-Slice Toasters
5.2.2 4-Slice Toasters
5.3 Toaster Ovens
5.4 Conveyor Toasters
5.5 Other Product Types
6 Global Toast Maker Market, By Price Range
6.1 Introduction
6.2 Low Price Range
6.3 Medium Price Range
6.4 High/Premium Price Range
7 Global Toast Maker Market, By Distribution Channel
7.1 Introduction
7.2 Supermarkets & Hypermarkets
7.3 Specialty & Brand Stores
7.4 Online Distribution Channel
7.5 E-commerce Platforms
7.6 Company-owned Websites
7.7 Other Distribution Channels
8 Global Toast Maker Market, By Feature
8.1 Introduction
8.2 Adjustable Browning Settings
8.3 Automatic Shut-off
8.4 Crumb Tray
8.5 Bagel Setting
8.6 Frozen Food Setting
8.7 Smart Connectivity
8.8 Other Features
9 Global Toast Maker Market, By Material
9.1 Introduction
9.2 Stainless Steel
9.3 Plastic
9.4 Mixed Composite
10 Global Toast Maker Market, By Application
10.1 Introduction
10.2 Residential
10.3 Commercial
10.4 Other Applications
11 Global Toast Maker Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Breville Group Limited
13.2 Koninklijke Philips N.V.
13.3 Panasonic Corporation
13.4 Spectrum Brands Holdings, Inc.
13.5 Hamilton Beach Brands Holding Company
13.6 Morphy Richards Ltd.
13.7 Dualit Ltd.
13.8 Cuisinart
13.9 De’Longhi S.p.A.
13.11 Sunbeam Products, Inc.
13.11 KitchenAid
13.12 Russell Hobbs Inc.
13.13 Bajaj Electricals Ltd.
13.14 Havells India Ltd.
13.15 TTK Prestige Ltd.
13.16 Kenwood Limited
13.17 SMEG S.p.A
List of Tables
1 Global Toast Maker Market Outlook, By Region (2024-2032) ($MN)
2 Global Toast Maker Market Outlook, By Product Type (2024-2032) ($MN)
3 Global Toast Maker Market Outlook, By Pop-Up Toasters (2024-2032) ($MN)
4 Global Toast Maker Market Outlook, By 2-Slice Toasters (2024-2032) ($MN)
5 Global Toast Maker Market Outlook, By 4-Slice Toasters (2024-2032) ($MN)
6 Global Toast Maker Market Outlook, By Toaster Ovens (2024-2032) ($MN)
7 Global Toast Maker Market Outlook, By Conveyor Toasters (2024-2032) ($MN)
8 Global Toast Maker Market Outlook, By Other Product Types (2024-2032) ($MN)
9 Global Toast Maker Market Outlook, By Price Range (2024-2032) ($MN)
13 Global Toast Maker Market Outlook, By Low Price Range (2024-2032) ($MN)
13 Global Toast Maker Market Outlook, By Medium Price Range (2024-2032) ($MN)
13 Global Toast Maker Market Outlook, By High/Premium Price Range (2024-2032) ($MN)
13 Global Toast Maker Market Outlook, By Distribution Channel (2024-2032) ($MN)
14 Global Toast Maker Market Outlook, By Supermarkets & Hypermarkets (2024-2032) ($MN)
15 Global Toast Maker Market Outlook, By Specialty & Brand Stores (2024-2032) ($MN)
16 Global Toast Maker Market Outlook, By Online Distribution Channel (2024-2032) ($MN)
17 Global Toast Maker Market Outlook, By E-commerce Platforms (2024-2032) ($MN)
18 Global Toast Maker Market Outlook, By Company-owned Websites (2024-2032) ($MN)
19 Global Toast Maker Market Outlook, By Other Distribution Channels (2024-2032) ($MN)
20 Global Toast Maker Market Outlook, By Feature (2024-2032) ($MN)
21 Global Toast Maker Market Outlook, By Adjustable Browning Settings (2024-2032) ($MN)
22 Global Toast Maker Market Outlook, By Automatic Shut-off (2024-2032) ($MN)
23 Global Toast Maker Market Outlook, By Crumb Tray (2024-2032) ($MN)
24 Global Toast Maker Market Outlook, By Bagel Setting (2024-2032) ($MN)
25 Global Toast Maker Market Outlook, By Frozen Food Setting (2024-2032) ($MN)
26 Global Toast Maker Market Outlook, By Smart Connectivity (2024-2032) ($MN)
27 Global Toast Maker Market Outlook, By Other Features (2024-2032) ($MN)
28 Global Toast Maker Market Outlook, By Material (2024-2032) ($MN)
29 Global Toast Maker Market Outlook, By Stainless Steel (2024-2032) ($MN)
30 Global Toast Maker Market Outlook, By Plastic (2024-2032) ($MN)
31 Global Toast Maker Market Outlook, By Mixed Composite (2024-2032) ($MN)
32 Global Toast Maker Market Outlook, By Application (2024-2032) ($MN)
33 Global Toast Maker Market Outlook, By Residential (2024-2032) ($MN)
34 Global Toast Maker Market Outlook, By Commercial (2024-2032) ($MN)
35 Global Toast Maker Market Outlook, By Other Applications (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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