Coffee Machine Market Size, Share, Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

  • TBI338848
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Global Coffee Machine Market

The global Coffee Machine market size is projected to reach US$ 7.86 billion by 2026, from US$ 6.32 billion in 2020, at a CAGR of 3.7% during 2021-2026. Increased consumption of coffee in Asian countries is one of the key factors driving the market growth. In addition, introduction of new products, such as green and organic coffee, is expected to result in high consumption, thereby contributing to the market growth. Moreover, increasing awareness about health benefits of coffee, such as reduced risk of type 2 diabetes, liver cancer and liver diseases, and protection against heart failure, is expected to result in high consumption. This will also contribute to the increasing demand for coffee machines. In addition, rapidly growing market for Ready-to-Drink (RTD) beverages, particularly coffee infused beverages, is boosting the market development. Moreover, manufacturers are investing in R&D to introduce advanced machines featuring the latest technologies. For instance, in 2018, Nestle Nespresso S.A. invested USD 43.03 million in the creation of new production lines of its coffee system, Vertuo. Drip filter segment led the global market. In 2018, Dualit Ltd. introduced a new CafePro Capsule Machine. Europe led the global market in 2018 due to high consumption of coffee. Moreover, presence of commercial infrastructure and offices also results in increasing demand for coffee machines, thereby augmenting market growth. In addition, rising number of cafes in the region will boost the growth further.

Market Segmentation, Outlook & Viewpoint: Global Coffee Machine Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • Drip Filter
  • Capsule
  • Espresso
  • Bean-to-Cup

Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • Residential
  • Commercial

Key Players, Recent Developments & Regional Insights: Global Coffee Machine Market

Drip filter coffee machines led the market in 2018. The components of drip filter machine, such as filter and cone, are reusable. This has played an important role in increasing its demand. In addition, manufacturers are introducing drip machines with advanced technological features, which is also likely to propel the segment growth. For instance, the advent of smart drip coffee machines. These can be accessed through smart phones or devices. Capsule coffee machine is expected to be the fastest-growing segment at a CAGR of 4.8% from 2019 to 2025. These machines are easy to use, which drives their demand. Application Insights Commercial application accounted for more than half of the global coffee machine market share in 2018. Increasing number of cafes and restaurants across the globe is boosting the product demand in commercial application. Furthermore, rapidly growing corporate sector will fuel the demand further. Residential application will also have a significant growth in the years to come. Demand for specialty coffee induced with different flavors is driving the segment. In addition, countries, such as U.S., witness a high demand for household coffee machines owing to higher coffee consumption. According to the National Coffee Association trends, 29% of U.S. households purchased single serve brewers in the year 2017. Moreover, technological advancement in coffee machines also act as a key driver for the segment growth.

Regional Insights

Europe led the global market accounting for 33.0% of the global share in 2018. High consumption of coffee in the region is the main factor driving the market. Moreover, presence of a number of commercial complexes and offices results in increased product sales. Asia Pacific will be the fastest-growing regional market from 2019 to 2025. Developing countries including India, China, and Australia are expected to be the major contributors to the regions growth. Moreover, rising number of cafes and coffee shops, particularly in emerging countries, will drive the demand. Major cafe chains, such as CCD and Starbucks, are investing in the region owing to high growth potential, which is likely to support market development.

Coffee Machine Market Share Insights

The global market is highly competitive in nature. Prominent companies are Keurig Green Mountain, Inc.; Panasonic Malaysia; Nestle Nespresso S.A.; DeLonghi Appliances S.r.l.; Electrolux; Morphy Richards India; Koninklijke Philips N.V.; Hamilton Beach Brands, Inc.; Schaerer; and Robert Bosch GmbH. Most of these companies have undertaken several marketing strategies, such as M&A, technological developments, and capacity expansion, to increase their consumer base.

Key Insights Covered: Global Coffee Machine Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Coffee Machine industry. 2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Coffee Machine industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Coffee Machine industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Coffee Machine industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Coffee Machine industry.

Research Methodology: Global Coffee Machine Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1. Methodology and Scope
   1.1. Market Segmentation & Scope
   1.2. Market Definition
   1.3. Information Procurement
       1.3.1. Purchased Database
       1.3.2. HCC’s Internal Database
       1.3.3. Secondary Sources & Third-Party Perspectives
       1.3.4. Primary Research
   1.4. Information Analysis 
       1.4.1. Data Analysis Models
   1.5. Market Formulation & Data Visualization
   1.6. Data Validation & PublishingChapter 2. Executive Summary
   2.1. Market Outlook
   2.2. Segmental Outlook
   2.3. Competitive InsightsChapter 3. Coffee Machine Market Variab
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