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Consumers are showing a strong preference for multifunctional sandwich makers that can grill, toast, and handle a variety of foods, meeting the demand for versatile kitchen gadgets that maximize space efficiency. This trend is especially relevant in urban areas, where compact living spaces make space-saving designs essential. As more people live in smaller apartments with limited kitchen storage, compact and sleek sandwich makers are highly sought after. Additionally, portable models are gaining popularity among students and travelers who want convenient, mobile cooking solutions, further driving the demand for these versatile, compact appliances.
As consumers lead increasingly busy lifestyles, particularly in urban areas, the appeal of appliances that simplify meal preparation, such as sandwich makers, has surged. The market is witnessing a shift towards multifunctional models, with many sandwich makers now capable of grilling, toasting, and preparing a variety of foods beyond traditional sandwiches. Health-conscious consumers are also driving the market, favoring sandwich makers with features like non-stick coatings and oil-free cooking options for healthier meals. Geographically, regions such as North America, China, and the U.K. dominate due to fast-paced lifestyles and growing disposable incomes.
Major players in the sandwich maker industry include Bajaj Electricals, Black+Decker, Breville, Cuisinart, George Foreman, Hamilton Beach, Kenwood, Morphy Richards, Oster, Panasonic, and Philips.
North America's sandwich maker market accounted for a 28.4% share in 2023 and is expected to grow at a CAGR of 4.7% during the forecast period from 2024 to 2032, driven by the increasing need for efficient kitchen appliances among busy households.
The panini press sandwich maker segment dominated the market in 2023 with a valuation of USD 1.2 billion and is expected to grow at a CAGR of 4.8% from 2024 to 2032 due to its versatility and alignment with consumer trends for multi-functional kitchen appliances.
The global sandwich maker industry was valued at USD 3.3 billion in 2023 and is anticipated to register a CAGR of over 4.4% between 2024 and 2032, driven by the demand for quick and convenient meal solutions.