The global coffee machine market size was valued at USD 5.88 billion in 2018 and is projected to register a CAGR of 3.7% from 2019 to 2025. Increased consumption of coffee in Asian countries is one of the key factors driving market growth. In addition, the 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 the health benefits of coffee, such as the 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, Nestlé Nespresso S.A. invested USD 43.03 million in the creation of new production lines for its coffee system, Vertuo. Drip filter segment led the global market. In 2018, Dualit Ltd. introduced a new CaféPro Capsule Machine.
Europe led the global market in 2018 due to the high consumption of coffee. Moreover, the presence of commercial infrastructure and offices also results in increasing demand for coffee machines, thereby augmenting the market growth. In addition, the rising number of cafes in the region will boost the growth further.
Drip filter coffee machines led the market in 2018. The components of the 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 segment growth. For instance, the advent of smart drip coffee machines. These can be accessed through smartphones 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.
Commercial applications 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 applications. Furthermore, the rapidly growing corporate sector will fuel the demand further. Residential applications will also have significant growth in the years to come.
Demand for specialty coffee induced with different flavors is driving the segment. In addition, countries, such as the 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 acts as a key driver for segment growth.
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, the 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 region’s growth. Moreover, the 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 its high growth potential, which is likely to support market development.
The global market is highly competitive in nature. Prominent companies are Keurig Green Mountain, Inc.; Panasonic Malaysia; Nestlé Nespresso S.A.; De’Longhi 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.
Attribute |
Details |
Base year for estimation |
2018 |
Actual estimates/Historical data |
2015 - 2017 |
Forecast period |
2019 - 2025 |
Market representation |
Revenue in USD Million and CAGR from 2019 to 2025 |
Regional scope |
North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa |
Country scope |
U.S., Germany, U.K., Japan, India, China, and Brazil |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors and trends |
15% free customization scope (equivalent to 5 analyst working days) |
If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global coffee machine market report on the basis of product, application, and region:
Product Outlook (Revenue, USD Million, 2015 - 2025)
Drip Filter
Capsule
Espresso
Bean-to-Cup
Application Outlook (Revenue, USD Million, 2015 - 2025)
Residential
Commercial
Region Outlook (Revenue, USD Million, 2015 - 2025)
North America
The U.S.
Europe
Germany
U.K.
Asia Pacific
Japan
China
India
Central & South America
Brazil
Middle East & Africa
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Covid 19's rapid development worldwide has led to serious implications for most suppliers of electronics and electrical products, in the form of supply chain disruptions. While the pandemic crisis has decreased the frequency of purchase of consumer appliances, the lead time for delivery of orders has also increased significantly. Limited availability of components, restricted labor supply, and other supply chain related costs are some of the major challenges that most industry players are focusing on at present. The end of the lockdown is expected to bring this industry significantly higher consumer traffic, most notably through the online channels, and the manufacturers will need to design their production plans and distribution networks in tandem with this changing business environment. Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections.
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