TechDogs-"Global Coffee Machine Market Size, Share & Trend Analysis Report 2023 - 2030 - ResearchAndMarkets.com"

Market Research

Global Coffee Machine Market Size, Share & Trend Analysis Report 2023 - 2030 - ResearchAndMarkets.com

By Business Wire

Business Wire
Overall Rating

DUBLIN--(BUSINESS WIRE)--The "Coffee Machine Market Size, Share & Trend Analysis Report By Product Type (Drip/Filter, Pod/Capsule, Espresso, Bean-to-Cup), By Application (Commercial, Residential), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global Coffee Machine market size is expected to reach USD 9.26 billion by 2030, registering a CAGR of 4.7%.

With the increasing number of discerning consumers and evolving palate for gourmet varieties, the demand for specialty beverages including coffee has grown significantly in the past few decades. This factor is expected to drive the growth of the market. Coffee is known to reduce the risk of liver diseases, cardiac failure, and type 2 diabetes. This factor will boost the consumption of coffee, ultimately contributing to the growth of the coffee machine market. Higher repair and maintenance cost is the major restraint for the growth.

The COVID-19 pandemic negatively impacted the growth of the market. Most leading brands experienced a slight decline in sales due to the pandemic. The lockdown in China has forced coffee machine manufacturers based in the U.S. and Europe to halt production as they export several input supplies temporarily. Despite threats posed by the economic implications of the COVID-19 outbreak at the start of 2020, the food service sector is gradually recovering presenting a positive outlook for the coffee machine industry.

The drip filter segment held the largest market share in 2022. As these machines are more affordable as compared to espresso types of machines. Moreover, minimum repair & maintenance costs and ample features of the drip filter machines are some of the factors that are driving the growth of the segment. Thus, it is mostly used all over the world and generated large revenue in 2022.

Europe acquired the largest revenue share in 2022. In the German automatic coffee machine industry, manufacturers are highly focused to offer products that are energy efficient. The European regulations drafted for household appliances are focused to reduce greenhouse gas (GHG) emissions and electricity consumption. Increased preference of consumers for the premiumization of coffee machines drives the market in Europe. Thus, the region generated maximum revenue in 2022.

Coffee Machine Market Report Highlights

  • Asia Pacific is expected to dominate the market from 2023 to 2030. An increasing number of coffee shops and cafes in the region is likely to grow the regional growth
  • The pod/capsule segment is likely to dominate over the forecast period. The acceptance of sustainable coffee pods by manufacturers is expected to grow prospects of the coffee pods landscape and help alter consumer perception regarding coffee pods
  • The residential segment is likely to dominate over the forecast period. Technological advancements in coffee machines are anticipated to propel the segment's growth

Companies Mentioned

  • Keurig Green Mountain, Inc.
  • Panasonic Malaysia
  • Nestle Nespresso S.A.
  • De'Longhi Appliances S.R.L.
  • Electrolux
  • Morphy Richards India
  • Koninklijke Philips N.V.
  • Hamilton Beach Brands, Inc.
  • Schaerer
  • Robert Bosch Gmbh

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Coffee Machine Market Variables, Trends & Scope

3.1. Market Lineage Outlook

3.2. Industry Value Chain Analysis

3.2.1. Raw Material Outlook

3.2.2. Manufacturing and Technology Outlook

3.2.3. Profit Margin Analysis

3.3. Market Dynamics

3.3.1. Market Driver Analysis

3.3.2. Market Restraint Analysis

3.3.3. Market Opportunities

3.3.4. Market Challenges

3.4. Industry Analysis - Porter's Five Forces Analysis

3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographics Analysis

4.2. Consumer Trends and Preferences

4.3. Factors Affecting Buying Decision

4.4. Consumer Product Adoption

4.5. Key Observations & Findings

Chapter 5. Coffee Machine Market: Product type Estimates & Trend Analysis

5.1. Product Type Movement Analysis & Market Share, 2022 & 2030

5.2. Drip Filter

5.3. Pod/Capsule

5.4. Espresso

5.5. Bean-to-Cup

Chapter 6. Coffee Machine Market: Application Estimates & Trend Analysis

6.1. Application Movement Analysis & Market Share, 2022 & 2030

6.2. Commercial

6.3. Residential

Chapter 7. Coffee Machine Market: Regional Estimates & Trend Analysis

7.1. Regional Movement Analysis & Market Share, 2022 & 2030

Chapter 8. Competitive Analysis

8.1. Recent developments & impact analysis, by key market participants

8.2. Company Categorization

8.3. Participant's Overview

8.4. Financial Performance

8.5. Product Benchmarking

8.6. Company Market Share Analysis, 2022 (%)

8.7. Company Heat Map Analysis

8.8. Strategy Mapping

For more information about this report visit https://www.researchandmarkets.com/r/pb9r1l

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

First published on Mon, Sep 11, 2023

Liked what you read? That’s only the tip of the tech iceberg!

Explore our vast collection of tech articles including introductory guides, product reviews, trends and more, stay up to date with the latest news, relish thought-provoking interviews and the hottest AI blogs, and tickle your funny bone with hilarious tech memes!

Plus, get access to branded insights from industry-leading global brands through informative white papers, engaging case studies, in-depth reports, enlightening videos and exciting events and webinars.

Dive into TechDogs' treasure trove today and Know Your World of technology like never before!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs’ members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs’ Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. All information / content found on TechDogs’ site may not necessarily be reviewed by individuals with the expertise to validate its completeness, accuracy and reliability.

Tags:

ResearchAndMarkets Coffee Machine Coffee Machine Manufacturers Consumer Product Adoption

References:

Join The Discussion

  • Dark
  • Light