Toasters - Belarus

  • Belarus
  • In 2024, the Toasters market in Belarus recorded a revenue of US$4.19m, demonstrating a promising performance.
  • The market is projected to experience an annual growth rate of 4.37%, calculated as the Compound Annual Growth Rate (CAGR) from 2024 to 2029.
  • When comparing global figures, in China stands out as the leading revenue generator in the Toasters market, with a substantial revenue of US$876m in 2024.
  • This highlights in China's prominent position in the market.
  • In terms of per household revenues, the Toasters market in Belarus generated US$1.62 in 2024.
  • This indicates the average revenue generated per household within the country.
  • Looking ahead to 2029, the volume of the Toasters market is projected to reach 152.3k pieces.
  • This represents the anticipated growth in the overall volume of toasters withBelarus.
  • Furthermore, the Toasters market is expected to exhibit a volume growth of 2.7% in 2025, showcasing the continuous expansion within the market.
  • When considering the average volume per household in the Toasters market, it is estimated to amount to 0.05pieces in 2024.
  • This metric provides insight into the average number of toasters per household in Belarus.
  • Belarusian consumers have shown an increasing preference for high-quality, durable toasters that offer innovative features.

Key regions: China, India, United States, Japan, Worldwide

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Overview

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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