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Waffle Maker Market Share

Report ID: GMI12784
Published Date: Dec 2024
Report Format: PDF

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Waffle Maker Market Share

In 2024, key companies like Breville Group, Conair Corporation, Hamilton Beach Brands, Stanley Black & Decker, Newell Brands, Whirlpool Corporation, SharkNinja and All-Clad held a combined market share of 10%-15%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.

Waffle Maker Market Companies

Major players operating in the Waffle Maker industry are:

All-Clad
Breville Group
Conair Corporation
Edgecraft Corporation
Hamilton Beach Brands
Krups
National Presto Industries
Newell Brands
SharkNinja
Stanley Black & Decker
Storebound
T-fal
The Metal Ware Corporation
The Middleby Corporation
Whirlpool Corporation

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for waffle maker was valued at USD 250.4 million in 2024 and is projected to reach USD 425.4 million by 2034, driven by a CAGR of over 5.5% during the forecast period, fueled by the growing popularity of waffles as a convenient breakfast and snack option.

Stovetop waffle makers held around 45% of the total market share in 2024 and are anticipated to grow at a CAGR of 5.3% during the forecast period, driven by consumer preference for traditional cooking methods and nostalgia.

The U.S. dominates the North America market with an 82% market share in 2024, driven by the strong cultural presence of waffles as a breakfast staple and the demand for quick and efficient meal preparation appliances.

Major players in the industry include All-Clad, Breville Group, Conair Corporation, Edgecraft Corporation, Hamilton Beach Brands, Krups, National Presto Industries, Newell Brands, SharkNinja, Stanley Black & Decker, Storebound, T-fal, The Metal Ware Corporation, The Middleby Corporation, and Whirlpool Corporation.