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Toasters Market Forecasted to Reach USD 5.29 Billion by 2030 with Growing Demand for Smart and Energy-Efficient Appliances
Toasters Market Size & Trends | Modor Intelligence
Overview of the Toasters Market
According to Mordor Intelligence, the toaster market size stands at USD 4.36 billion in 2025 and is forecast to climb to USD 5.29 billion by 2030, registering a steady 3.91% CAGR. Increasing urbanization, smaller household sizes, and a growing preference for compact, energy-efficient kitchen appliances are driving demand.
Consumer preferences and industry dynamics are shaping the toasters market share, with residential buyers driving most of the demand.
Key Trends in the Toasters Market
1. Compact and Space-Saving Appliances
Urban millennials prefer compact, countertop-friendly toasters, with two-slice models being most popular for their space efficiency, stylish design, and suitability for modern kitchens.
2. Specialty Breakfast and Bread Preferences
Increasing demand for artisan bread and specialty breakfasts is driving adoption of wide-slot toasters and toaster ovens, serving thicker slices for homes, cafes, and campus cafeterias.
3. Smart and Connected Toasters
IoT-enabled toasters are rising in popularity, offering programmable settings, smartphone control, and energy-saving features, with smart toasters gaining importance in regions embracing smart-home technologies.
4. Commercial and Energy-Efficient Focus
QSRs and bakeries are adopting high-capacity toasters and conveyor systems for peak hours, while energy-efficient, eco-friendly appliances gain traction, driven by regulations and replacement demand.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/toasters-market?utm_source=openpr
Market Segmentation
By Product Type:
Pop-Up Toasters
Oven/Toaster Ovens
Conveyor Toasters
Bun & Bagel Griller Toasters
Smart/Connected Toasters
By Slice Capacity:
2-Slice
4-Slice
More than 4-Slice
By End-Use:
Residential
Commercial (Hotels, Cafés, QSR, Institutional)
By Wattage Range:
≤800 W
801-1,200 W
By Distribution Channel:
Supermarkets / Hypermarkets
Specialty & Brand Stores
Online Retail / E-commerce
Others (B2B Dealers, Cash & Carry)
By Region:
North America: United States, Canada, Mexico
South America: Brazil, Argentina, Chile, Peru, Rest of South America
Europe: United Kingdom, Germany, France, Italy, Spain, BENELUX, Nordics, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific
Middle East & Africa: United Arab Emirates, Saudi Arabia, South Africa, Nigeria, Rest of Middle East & Africa
Explore Our Full Library of Home and Property Improvement Research Reports - https://www.mordorintelligence.com/market-analysis/home-property-improvement?utm_source=openpr
Key Players in the Toasters Market
Koninklijke Philips N.V.: Global leader in home appliances, offering a wide range of innovative and energy-efficient toasters.
Breville Group Ltd.: Known for premium kitchen appliances, including high-performance and smart toasters.
KitchenAid: Specializes in stylish and durable kitchen appliances, with a strong presence in the toaster segment.
Panasonic Corp.: Offers a variety of reliable and energy-efficient toasters for residential and commercial use.
De'Longhi Appliances S.r.l.: Italian brand recognized for high-quality, design-focused, and multifunctional toasters.
Conclusion
The Toasters Market is expected to experience steady growth, driven by consumer demand for compact, energy-efficient, and smart kitchen appliances. Residential buyers continue to be the primary revenue source, while commercial segments, including QSRs and bakery chains, are adopting advanced toasters to handle high-volume requirements.
Get the latest industry insights on toasters market: https://www.mordorintelligence.com/industry-reports/toasters-market?utm_source=openpr
Industry Related Reports:
Residential Toaster Ovens Market
The Residential Toaster Ovens Market is valued at USD 669.88 million in 2025 and is projected to reach USD 918.66 million by 2030, growing at a CAGR of 6.52%. Rising consumer preference for compact, multifunctional kitchen appliances and the demand for energy-efficient, smart toaster ovens are key factors driving market growth.
Get more insights: https://www.mordorintelligence.com/industry-reports/residential-toaster-ovens-market?utm_source=openpr
Mexico Small Home Appliances Market
The Mexico Small Home Appliances Market is projected to grow from USD 6.24 billion in 2025 to USD 8.36 billion by 2030, with a CAGR of under 6%. Rising urbanization, increasing disposable incomes, and growing demand for energy-efficient, compact kitchen and home appliances are driving market expansion.
Get more insights: https://www.mordorintelligence.com/industry-reports/mexico-small-home-appliances-market?utm_source=openpr
Oman Small Home Appliances Market
The Oman Small Home Appliances Market is expected to grow at a CAGR of over 3% during the forecast period. Rising consumer interest in smart and energy-efficient appliances, along with increasing urbanization and modern lifestyle adoption, are driving demand in both residential and commercial segments.
Get more insights: https://www.mordorintelligence.com/industry-reports/oman-small-home-appliances-market?utm_source=openpr
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India.
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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