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The coffee machine industry was expected to be worth $7.29 billion by the end of 2022. During the forecast period (2022-2030), the Coffee Machines market industry is expected to increase from USD 7.89 Billion in 2023 to USD 13.19 Billion by 2030, with a CAGR of 8.57%.
Whether completely or partially automated, coffee machines are all gadgets that dispense coffee. Coffee makers expedite the brewing process and keep the final product tasting fresh and delicious. Different manufacturers have released different versions with different technology to cater to consumers' varying tastes in brewing methods and convenience. The rising global working population and the prevalence of office kitchenettes are driving increased demand for coffee machines.
The coffee industry has been evolving in terms of innovations, new releases, and increased customer demand. The expansion of the coffee machine market can be attributed to the increasing demand for instant non-alcoholic beverages like coffee in food service establishments and workplace cafeterias. Coffee shops and workplace cafeterias can save time and staff resources by using coffee machines. Instant non-alcoholic beverages, like as coffee, have grown in popularity for a number of reasons, including the growing demand for alcohol-free beverages among millennials, rising consumer knowledge of low-sugar and alcohol-free alternatives, hectic work schedules, and evolving consumer tastes.
The industry is expanding rapidly due to the rising demand for coffee. This is related to a growth in demand for specialty beverages, including coffee, in recent decades due to an increasing number of affluent consumers and an expanding palate for gourmet varieties. Over 62.0% of Americans drink coffee on a daily basis, as reported by the National Coffee Association (NCA). Due to rising coffee consumption and the demand for specialty coffee, coffee makers have become increasingly popular among consumers. As a result of this fad, coffee machine sales have skyrocketed. An NCA study found that upscale coffee accounts for over 60% of all coffee drunk in the US.
The COVID-19 epidemic had a destructive effect on business worldwide. The government instituted a lockdown and all industrial units were shut down as a result of the COVID-19 outbreak. Global demand plummeted as the epidemic ensued, and sales plummeted along with it. As a result of the lockdown in China, companies in the United States and Europe that make coffee machines have had to temporarily stop production and export a number of input supplies. Growth may be certain, notwithstanding the short slowdown brought on by the epidemic, due to the construction of business infrastructure and the proliferation of offices. After the government lifted the limitations in 2021, the market was back to where it was before COVID-19.
The demand for these machines is mostly being driven by the increasing popularity of delicious and refreshing beverages. Additionally, customers' evolving tastes towards the purchase of energy-saving household appliance products have had a significant impact on the development of energy-efficient & automated coffee makers. Additionally, the rising need for café and food stall staff to complete coffee orders quickly has greatly increased demand for such gadgets.
The rising premiumization trend in coffee consumption, as well as the public's growing awareness of coffee's health advantages, are also contributing to the demand for such appliances. Users are likely to be enticed to buy coffee makers due to the increasing innovation in the design of various beverage vending machines. For instance, 7-Eleven Inc. introduced a new beverage dispenser machine with customizable touch-screen features in April 2020. These features include the ability to adjust the brew time, water temperature, and coffee strength.
However, it is expected that the market expansion will be slowed by the greater repair and maintenance cost of vending machines. The unpredictable supply chain interruption in the electronic appliances sector during the COVID-19 epidemic has also temporarily affected the market by increasing transportation concerns, labor shortage problems, and the occurrences of prolonged delivery times.
Report Coverage
Global Coffee Machine research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Coffee Machine report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Coffee Machine competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Coffee Machine market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Coffee Machine market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Coffee Machine market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Keurig Green Mountain Inc. (U.S.), Panasonic Corporation (Japan), Nestlé S.A. (Switzerland), Newell Brands (U.S.), De'Longhi Group (Italy), Electrolux AB (Sweden), Melitta (Germany), Morphy Richards (U.K.), Koninklijke Philips N.V.(Netherlands), Hamilton Beach Brands Inc. (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Coffee Machine market based on the below-mentioned segments:
Global Coffee Machine Market, By Type
Filter Coffee Machines
Capsules Or Pod Coffee Machines,
Traditional Espresso Machine
Bean-To-Cup Coffee Machines
Global Coffee Machine market, By Technology
Manual
Semi-Automated
Fully Automated
Global Coffee Machine Market, By End User
Residential
Commercial
Office
Hotels & Restaurants
Global Coffee Machine market, Regional Analysis
Whether completely or partially automated, coffee machines are all gadgets that dispense coffee. Coffee makers expedite the brewing process and keep the final product tasting fresh and delicious. Different manufacturers have released different versions with different technology to cater to consumers' varying tastes in brewing methods and convenience. The rising global working population and the prevalence of office kitchenettes are driving increased demand for coffee machines.
The coffee industry has been evolving in terms of innovations, new releases, and increased customer demand. The expansion of the coffee machine market can be attributed to the increasing demand for instant non-alcoholic beverages like coffee in food service establishments and workplace cafeterias. Coffee shops and workplace cafeterias can save time and staff resources by using coffee machines. Instant non-alcoholic beverages, like as coffee, have grown in popularity for a number of reasons, including the growing demand for alcohol-free beverages among millennials, rising consumer knowledge of low-sugar and alcohol-free alternatives, hectic work schedules, and evolving consumer tastes.
The industry is expanding rapidly due to the rising demand for coffee. This is related to a growth in demand for specialty beverages, including coffee, in recent decades due to an increasing number of affluent consumers and an expanding palate for gourmet varieties. Over 62.0% of Americans drink coffee on a daily basis, as reported by the National Coffee Association (NCA). Due to rising coffee consumption and the demand for specialty coffee, coffee makers have become increasingly popular among consumers. As a result of this fad, coffee machine sales have skyrocketed. An NCA study found that upscale coffee accounts for over 60% of all coffee drunk in the US.
The COVID-19 epidemic had a destructive effect on business worldwide. The government instituted a lockdown and all industrial units were shut down as a result of the COVID-19 outbreak. Global demand plummeted as the epidemic ensued, and sales plummeted along with it. As a result of the lockdown in China, companies in the United States and Europe that make coffee machines have had to temporarily stop production and export a number of input supplies. Growth may be certain, notwithstanding the short slowdown brought on by the epidemic, due to the construction of business infrastructure and the proliferation of offices. After the government lifted the limitations in 2021, the market was back to where it was before COVID-19.
The demand for these machines is mostly being driven by the increasing popularity of delicious and refreshing beverages. Additionally, customers' evolving tastes towards the purchase of energy-saving household appliance products have had a significant impact on the development of energy-efficient & automated coffee makers. Additionally, the rising need for café and food stall staff to complete coffee orders quickly has greatly increased demand for such gadgets.
The rising premiumization trend in coffee consumption, as well as the public's growing awareness of coffee's health advantages, are also contributing to the demand for such appliances. Users are likely to be enticed to buy coffee makers due to the increasing innovation in the design of various beverage vending machines. For instance, 7-Eleven Inc. introduced a new beverage dispenser machine with customizable touch-screen features in April 2020. These features include the ability to adjust the brew time, water temperature, and coffee strength.
However, it is expected that the market expansion will be slowed by the greater repair and maintenance cost of vending machines. The unpredictable supply chain interruption in the electronic appliances sector during the COVID-19 epidemic has also temporarily affected the market by increasing transportation concerns, labor shortage problems, and the occurrences of prolonged delivery times.
Report Coverage
Global Coffee Machine research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Coffee Machine report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Coffee Machine competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Coffee Machine market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Keurig Green Mountain Inc. (U.S.), Panasonic Corporation (Japan), Nestlé S.A. (Switzerland), Newell Brands (U.S.), De'Longhi Group (Italy), Electrolux AB (Sweden), Melitta (Germany), Morphy Richards (U.K.), Koninklijke Philips N.V.(Netherlands), Hamilton Beach Brands Inc. (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Coffee Machine Market from 2021 to 2030.
- Market Forecast for Coffee Machine Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Coffee Machine competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Coffee Machine
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Coffee Machine market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Coffee Machine market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Keurig Green Mountain Inc. (U.S.), Panasonic Corporation (Japan), Nestlé S.A. (Switzerland), Newell Brands (U.S.), De'Longhi Group (Italy), Electrolux AB (Sweden), Melitta (Germany), Morphy Richards (U.K.), Koninklijke Philips N.V.(Netherlands), Hamilton Beach Brands Inc. (U.S.)
Primary Target Market
- Market Players of Coffee Machine
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Coffee Machine market based on the below-mentioned segments:
Global Coffee Machine Market, By Type
Filter Coffee Machines
Capsules Or Pod Coffee Machines,
Traditional Espresso Machine
Bean-To-Cup Coffee Machines
Global Coffee Machine market, By Technology
Manual
Semi-Automated
Fully Automated
Global Coffee Machine Market, By End User
Residential
Commercial
Office
Hotels & Restaurants
Global Coffee Machine market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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