According to a market report by Lucintel, the future of the toaster market in the US looks promising with opportunities in the supermarkets/hypermarkets, department stores, and e-retail markets. The major drivers for this market are increasing per capita income, and growth in demand for toaster in café, shops, fast food restaurants, and hotels.
In this market, pop-up, oven, and conveyor toaster are used in commercial and residential industries. Conveyor toaster is expected to witness the highest growth over the forecast period because these are in high demand at hotels, caterers and restaurants due to its high volume capacity.
Residential is expected to remain the largest segment due to an increasing number of working population, and consumers are giving preference to easy to use and user friendly appliance.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the toaster market in the US by product type, end use, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Toaster Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the toaster market in the US by product type, end use and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
By End Use [$ Million Shipment Analysis 2015 to 2026]:
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-toaster.aspx or email@example.com.
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.