Toasters - G20
G20- The revenue in the Toasters market in 2024 is estimated to be US$2.40bn.
- The market is projected to experience an annual growth rate of 3.32% from 2024 to 2029 (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, with an expected revenue of US$876m in 2024.
- In terms of per household revenue, in 2024, each household is anticipated to generate US$2.48.
- By 2029, the volume in the Toasters market is predicted to reach 74.9m pieces.
- Additionally, there is an expected volume growth of 1.1% in 2025.0.
- The average volume per household in the Toasters market is estimated to be 0.07pieces in 2024.
- It is worth noting that these numbers are specific to the country within the G20.
- In the United States, the toaster market is experiencing a shift towards smart toasters with advanced features and connectivity options.
- Key regions:
- China,
- India,
- United States,
- Japan,
- Worldwide
Definition: The market for toasters encompasses a range of electric models designed for household use, including two-slice and four-slice toasters, as well as toaster ovens.
Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Electric toasters
- Toaster ovens
Out-Of-Scope
- Sandwich makers
- Electric grills and roasters
