Toast Maker Market Report and Forecast 2025-2034

The global toast maker market size reached a value of approximately USD 3.94 Billion in 2024. The market is expected to grow at a CAGR of 4.80% between 2025 and 2034, reaching a value of USD 6.30 Billion by 2034.

Key Trends in the Market

A toast maker is an electrical device which uses heat to toast a piece of bread, making it crisp, hot, and brown, by heating it evenly and keeping it crisp without hardening the crust. Various types of toast makers are available, depending upon type of toasting and volume of bread that can be toasted at a time.

• Rising trend of having light breakfast such as toast is supporting the growth of the toast maker market. Toast makers are versatile devices that are convenient to use and easy to clean which help the users save time.
• Toast makers do not require additional oils or fats to cook the bread, due to which it is considered a healthy cooking device and is increasing in popularity among health-conscious consumers.
• Development of technologically advanced toast makers such as smart toast makers is gaining popularity all across the world. These toast makers can be coordinated with the user’s smartphone or other connected devices for desired end product.

Market Segmentation

The report titled “Toast Maker Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Pop-Up Toaster
• Toaster Oven
• Conveyor Toaster

Market Breakup by Application

• Residential
• Commercial

Market Breakup by Distribution Channel

• Home Appliance Store
• Supermarket
• Online

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Product Type

Pop-up toaster segment is anticipated to hold a sizable share of the toast maker market by type because of its compact size and low energy requirements to make toast. These toasters are quite user-friendly and convenient which is further increasing their demand from consumers globally, especially from the working individuals with busy lifestyles. Pop-up toasters are available in different sizing configurations, such as 2 slice, 4 slice, and 6 slices, due to which is commonly preferred in residential applications.

Market Share by Region

Europe accounts for a significant share of the toast maker market owing to the widespread consumption of toast as a breakfast with morning tea or coffee. Depending upon the country, toast can be served with butter, jams, jellies, marmalades, spreads, and other fillings, facilitating easy customisation as per local preference. Availability of artisanal breads and bakeries in Europe is also increasing the demand for toast makers in residential and commercial settings.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global toast maker market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

West Bend Co.

West Bend Co. was founded in 1911 and is headquartered in Wisconsin, United States. This appliance manufacturing company produces household appliances such as mixers, slow cookers, bread makers, and coffee urns, among others.

Sensio Inc.

Sensio Inc. is a kitchen appliance and homeware company that was founded in 2003 and is headquartered in Montreal, Canada. They manufacture appliances utilised in homes and kitchens such as coffee, tea and espresso machines, and ovens and toasters.

Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc. was founded in 1843 and has its headquarters located in Connecticut in the United States. This manufacturing company is known globally for producing household hardware and industrial tools.

Other market players include Breville USA, Inc., Cuisinart, Dualit Limited, De’ Longhi Appliances S.r.l., Hamilton Beach Brands, Inc., Whirlpool Corporation, Groupe SEB USA, and Newell Brands Inc., among others.