Toasters - Namibia
Namibia- The revenue generated in the Toasters market in the country of Namibia amounts to N US$1.23m in the year 2024.
- It is projected that this market will experience an annual growth rate of 5.49% from 2024 to 2029, also known as a compound annual growth rate (CAGR).
- In comparison to other countries, China generates the highest revenue in the Toasters market, with a total of N US$876m in 2024.
- When looking at the per household revenue, it is estimated that N US$2.14 will be generated in 2024.
- This figure indicates the revenue generated per household in relation to the total number of households in the country.
- By the year 2029, the volume of toasters in the market segment is expected to reach 44.4k pieces units.
- Furthermore, a volume growth rate of 3.8% is projected for the Toasters market in 2025.0.
- On average, each household is expected to have a volume of 0.06pieces units in the Toasters market by 2024.
- "Namibians are increasingly opting for toasters with multi-function settings to accommodate their diverse breakfast preferences."
- 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.
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In-Scope
- Electric toasters
- Toaster ovens
Out-Of-Scope
- Sandwich makers
- Electric grills and roasters
