Blender
You would think the idea of a blender has been around for at least a couple hundred years at least in its manual form. But the first commercial blender had only hit the market in 1937. By 1954 one million blenders had been sold in the United States.
The first blender model was invented in 1922 by Stephen Poplawski in 1922, but it never took off, yet a lot of the accreditation on the product goes to the 1937 commercial model made by Fred Waring that cost $29.75 during its official release.