Coffee machine market: by type (capsule coffee machine, steam coffee machine, filter coffee machine and others), by technology (semi-automatic and fully automatic), by sales channel (retail, direct and online) , By Application (Residential and Commercial) and Region – Global Industry Sizing, Growth, Trend, Opportunity and Forecast (2020-2025)
The Coffee Machines Market report covers an in-depth analysis of market dynamics, business models, segment / regional analysis, and respective market shares and strategies adopted by the major market players operating across the world. It involves in-depth analysis of factors influencing the global market and market statistics indicating market share / growth analysis by region and segment. The study of the report will present one of the most comprehensive analysis of the market, capturing all aspects of the Coffee Machines market.
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Coffee Machine Industry Overview:
The global coffee machine market size was USD 5.1 billion in 2019 and is expected to register a CAGR of 4.2% during the forecast period. One of the major factors driving the growth of the market is the increase in coffee consumption in emerging economies. Growing awareness and the health benefits of coffee reduce type 2 diabetes, liver cancer, and liver disease, and protect heart failure from high coffee consumption. Coffee machines are very competitive in the end-use market.
Factors affecting the coffee machine market during the forecast period:
- The rapid increase in the consumption of ready-to-drink (RTD) beverages, especially coffee-infused beverages, is the main driving force behind the demand for coffee machines.
- Demand has increased in the market for coffee machines; the main reason is the increase in the number of businesses and workstations as it delivers coffee anytime and quickly without any manpower.
- An increasing number of coffee shops and cafes, especially in emerging economies, are primarily driving the demand and consumption of coffee machines around the world. Major coffeehouse chains, such as Starbucks and CCD, are investing globally due to high growth potential, which is likely to support market development.
- In the commercial application, the use of a coffee machine helps users to reduce labor and save time. It further improves the service and may increase the demand for the coffee machine in the domestic market.
Impact of COVID-19 on the coffee machine market:
The COVID-19 outbreak has caused demand for the coffee machine market to decline rapidly as offices, businesses and workstations are not functioning. The closure of commercial spaces and offices due to the pandemic scenarios reduces the demand for coffee machines in the commercial sector. Due to a pandemic situation, many companies have noticed that decreasing demand for coffee machines due to business restrictions is limited to allowing ground operations. However, the home working situation is driving the demand and sales of residential spaces for coffee machines.
Coffee Machines Market: Scope of the report
The report presents the Coffee Machines market research on industries of material, type and end use.
On the basis of type, the market for coffee machines has been segmented into –
- Coffee capsule machine
- Steam coffee machine
- Drip coffee machine
Based on technology, the coffee machine has been segmented into-
- Fully automatic
On the basis of sales channel, the market for coffee machines has been segmented into –
- Retail sales
- Direct sales
- In line
On the basis of Application, the market for coffee machines has been segmented into –
- Restaurant / Cafe
Coffee Machines Market by Application, 2018-2025 (USD Million)
Source: MSG analysis, 2020
Coffee Machines Market: Regional Outlook
Based on regions, the coffee machine market is segmented into North America, Asia-Pacific, Europe, South America, and Middle East & Africa (MEA). Europe leads the global coffee machine market, accounting for over 33.4% in 2019. High coffee consumption and several shopping complexes and offices in the region are the main factors driving the market. Additionally, Asia Pacific is estimated to lead the global market with the fastest CAGR during the forecast period. In addition, developing countries such as China, India, South Korea, Indonesia and Malaysia are expected to contribute significantly to its growth. In addition, the proliferation of cafes and coffee shops will drive demand, particularly in emerging countries. Large coffeehouse chains, such as CCD and Starbucks, are investing in the region due to high growth potential, which may support market development.
Source: MSG analysis, 2020
Key competitors operating in the coffee machine market
The coffee machine market is highly fragmented, with the presence of a large number of small players across the world. Players operating in the Coffee Machines market include –
- Philips (Saeco)
- La Marzocco
- Jarden Consumer Solutions
- Auroma Brewing Company
- Keurig Green Mountain
- Morphy Richards
- Hamilton Beach
The Coffee Machines market report provides an in-depth analysis of the macroeconomic factors and the attractiveness of each segment in the market. The report will comprise an in-depth qualitative and quantitative assessment of the segmental / regional outlook with the presence of market players in the segment and the respective region / country. The information concluded in the report includes the entries.
Regional Analysis Of Coffee Machines Market Include:
- North America (United States, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, rest of Latin America)
- Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, rest of Asia-Pacific)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA)
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Coffee Machines Market: Target Audience
- Coffee machine manufacturers
- Coffee makers
- Catering companies
- Traders, wholesalers and distributors
- Governments, associations and industrial organizations
- Investors and business experts
** The market information and information mentioned above is based on the initial secondary basis; he can update the published shift report.
Main issues addressed
- What is the market size by various segmentations of the Coffee Machine Marker by regions and their respective countries?
- What are the purchasing behavior of customers, the main takeaways and the 5 strengths of the market for coffee machines?
- What are the key trends and opportunities for OEMs and Tier 1 vendors in the Coffee Machines market?
- What are the fundamental dynamics (drivers, constraints, opportunities and challenges) of the market?
- What and how are regulations, regimes, patents and policies impacting the growth of the market?
- What are the upcoming technological solutions influencing market trends? How will existing service providers adapt to changing technological trends?
- How will advanced stand-alone technologies impact the coffee machine market?
- What is the impact of COVID-19 on coffee machine demand and sales in the global market?
- Detailed analysis of competitors and their latest launch, and what are the top startups introduced in the target market?
- Profiling of leading and prominent companies and startups in the market
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