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India Toaster & Coffee Maker Market Overview,2021-2026

India Toaster & Coffee Maker Market Overview,2021-2026

Bonafide Research 25-08-2021 92 Pages Figures : 15 Tables : 31
Region : Asia-Pacific Category : Consumer Goods & Services Appliances & Equipment

1. Bajaj Electricals Limited

2. Butterfly Gandhimathi Appliances Limited

3. TTK Prestige Limited

4. Groupe SEB India Private Limited

5. IFB Industries Limited

More...

The recently uploaded report by Bonafide Research – India Toaster & Coffee Marker Market Overview, 2021-2026, provides insights on the market, through market size by value & volume and market share by region & sales channel. Coffee makers are the appliances that are used to brew coffee. It works on the brewing process, saves time, and directly affects the taste of the coffee. A toaster is used for cooking bread, muffins, and waffles, commonly used variants include pop-up, oven, and conveyor toasters. They consist of thin filaments, a lever, tray, moderation buttons, knobs, timers, and thermostats.

Breakfast has been considered the important meal of the day, and recent research has reaffirmed its nutritional benefits. Many people skip breakfast due to a lack of time. Even though Indian cuisines include some of the healthiest options, with the increasing influence of western culture, people now prefer bread, toast, and bagels, with a cup of coffee. The growth of the toaster and coffee maker market is shaped by its functionality, technology, and energy efficiency. In terms of volume, the coffee maker market is expected to grow with a CAGR of over 9%, while the toaster market in the year 2026, is expected to cross a value of INR 1820 Cr. However, today people can get these toasters with advanced features and with the latest technology. Many toasters rely on a timing circuit to release a solenoid or electromagnet which in turn releases the bread racks, along with a set of mechanical contacts for controlling voltage to the heating elements.

Rapid urbanization has been the reason behind the increasing consumer demand for toasters and coffee makers across the country. With the changing lifestyles and hectic schedules, consumers are using toasters and coffee makers to prepare their food quickly and with ease. Moreover, various product innovations, such as the development of advanced features like Bluetooth connectivity and automatic cutoff and lid-on features, are acting as other growth-inducing factors. These features are connected to a smartphone application and can track the toasting preference of multiple users. Widely classified into normal and pop-up toasters, the market is led by the normal toaster with more than 70% of the market share.

Newer advanced appliances can also perform multiple tasks. Other than toasting bread, toaster ovens can cook pizza base and bake cookies and biscuits, too. Consumers are constantly looking for equipment that is user-friendly and highly efficient. This has driven manufacturers to introduce innovative, energy-efficient products that cater to evolving consumer demands in the country.

Key Players mentioned in the report are: Bajaj Electricals Limited, Butterfly Gandhimathi Appliances Limited, IFB Industries Limited, Maharaja Whiteline (Groupe SEB India Pvt. Ltd.), Philips India Limited, Preethi Kitchen Appliances Private Limited, Stove Kraft Private Limited, TTK Prestige Limited, Whirlpool Of India Limited, Wonderchef Home Appliances Pvt. Limited

The report gives an in-depth understanding of coffee marker and toaster market in India:
- India Electric Kitchen Appliance Market Outlook
- India Electric Toaster Market Size by Value & Forecast
- India Electric Toaster Market Size by Volume & Forecast
- India Coffee Maker Market Size by Value & Forecast
- India Coffee Maker Market Size by Volume & Forecast
- India Electric Toaster Market Share by type, Sales Channel, Region & company
- India Coffee Maker Market Share by Sales Channel & Region
- Product, Price and Variant Analysis of Coffee Maker & Electric Toaster
- The key vendors in this market space

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology: The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of induction cooktop and electric cooker in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.


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