- Electrolux is expanding its kitchen products in collaboration with Google by incorporating Google Assistant, which allows users to control toaster using voice commands.
- Furthermore, in 2019, BSH Hausgeräte GmbH acquired nearly 65 percent of the global food platform Kitchen Stories, transforming it into an integrated software, hardware, and service provider.
- Samsung will launch Smart Induction in Built-in Cooktop with Wi-Fi in August 2021, which will help to cook meals faster while reducing energy and emissions.
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Pop-Up Toasters, Toaster Ovens, Conveyor Toasters), Type (2 Slice Toasters, 4 Slice Toasters, Others), Application (Commercial, Residential), Distribution Channel (Offline, Online) – Industry Trends and Forecast to 2032
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The Global Toaster Market size was valued at USD 15.00 USD Billion in 2024.
The Global Toaster Market is projected to grow at a CAGR of 4.95% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
