Market Insights Consumer Household Appliances Small Appliances

Toasters - Guyana

Guyana

The revenue generated in the Toasters market in 2024 in Guyana amounts to US$179.90k.
It is projected that the market will experience an annual growth rate of 0.10% (CAGR 2024-2029).
In a global context, in China generates the highest revenue in the Toasters market, reaching US$876m in 2024.
When considering the total number of households, the per household revenue in 2024 is estimated to be US$1.00.
Looking ahead to 2029, the volume in the Toasters market is expected to reach 4.9k pieces.
However, there will be a slight volume decline of -1.5% in 2025.
On average, each household is projected to have a volume of 0.03pieces in the Toasters market in 2024.
Despite its small market size, Guyana is experiencing a growing demand for high-quality toasters as more households embrace modern kitchen appliances.

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

Market

Region

Region comparison

Currency

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.