The coffee maker market was valued at 3.8 billion US dollars in the year 2021 and is expected to reach a valuation of 5.1 billion US dollars by the end of 2027, projecting to have a compound annual growth rate of 6.8% during the forecast period of 2021 to 2027. The market value of Coffee Maker is expected to increase more during the forecast period 2022-2027
Market Driving Factors:
One of the major driving factors of the Coffee Maker market is the rise in the number of cafes and restaurants and an increase in consumption of coffee in emerging economies, which helps the growth of the market of Coffee Maker market.
New developments and launches in the machine by major key players of the market and the rise in internet penetration are some other major factors propelling the Coffee Maker equipment market revenue rate in the next few years.
Ease of use and consistent brewing results, rising disposable income, and a growing youth population are some of the major driving factors that propel the growth of the market of Coffee Maker across the globe.
Low availability and lower consumption, high capacity capital, and maintenance cost are some of the major restraints affecting the coffee maker market's growth.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2027 |
Base Year |
2021 |
Forecast Period |
2021 - 2027 |
CAGR |
6.8% |
Segments Covered |
Basis of product type, Basis of end-use, the basis of technology, Basis of sales channel, the Basis of region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
BEHMOR, Jarden Consumer Solutions, SMARTER APPLICATIONS, Auroma Brewing Company, Longhi Appliances, FANSTEL, POPPY, and REDMOND Industrial group, Keurig Green Mountain, Morphy Richards, Nestlé Nespresso, Koninklijke Philips, Delonghi, Electrolux, Melitta, Hamilton Beach, and Panasonic. |
The coffee maker market is segmented into steam coffee machines, drip coffee machines, capsule coffee machines, and others based on product type. Among these segments, the capsule coffee machine segment holds the major share of the market due to the increase of benefits provided by the capsule coffee machine, such as convenience, cost-effectiveness, and long life span.
The Coffee Maker market is bifurcated into two types, namely commercial and residential. Among these segments, the commercial segment holds the market's major share, among others due to the growing consumption of coffee and increasing workplaces.
The coffee maker market is bifurcated into two types, namely semi-automatic coffee machines and fully automatic coffee machines. Among these segments, the fully automatic coffee machines segment holds the market's major share attributed to the factors such as increasing advancements in technology.
The market of coffee makers is segmented into two types offline and online. Among these segments, the offline segment holds the market's major share due to the factor such as the customers prefer products from various offline sales channels such as supermarkets, hypermarkets, specialty stores, and convenience stores.
Regional Analysis:
Among these regions, the Asia Pacific region holds the major share of the market of Coffee Maker owing to the increasing population, technological advancements, increasing of disposable income, as well as a growing number of workplaces, which propels the growth of the revenue rate of the Coffee Maker market in the Asia Pacific region.
The North American region holds the second-largest share of the coffee maker market due to a large number of coffee machine manufacturers, and the strong economy propels the growth of the market in the North American region.
The Europe region is expected to increase the market growth during the forecast period due to the increase of investments by the major key players and growing innovations and rapidly changing lifestyles across the Europe region propels the growth of the coffee maker market in this region.
Key market players:
COVID 19 has disrupted the supply chain and manufacturing units across the world. Due to the lockdown, all the restaurants, hotels, and others were shut down in the first half of 2020. The COVID 19 pandemic is a tough part for the coffee companies. The market sales were reduced up to 40% of the total sales in 2019, which is a big challenge for the key players. However, with the unlock guidelines by governments worldwide, all the activities were resumed by taking preventive measures in the last months of 2020. This accelerates the demand for instant coffee in restaurants and hotels that are boosting the coffee maker market's growth rate. It is projected that the market to fall into a substantial growth rate in 2021.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Coffe Maker Market, By Product Type
6.1.1 steam coffee machine
6.1.2 drip coffee machine
6.1.3 capsule coffee machine
6.1.4 Others
6.1.5 Market Size Estimations & Forecasts (2022-2027)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Coffe Maker Market, By End-User
6.2.1 commercial
6.2.2 residential
6.2.3 Market Size Estimations & Forecasts (2022-2027)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Coffe Maker Market, By Technology
6.3.1 semi-automatic coffee machines
6.3.2 fully automatic coffee machines
6.3.3 Market Size Estimations & Forecasts (2022-2027)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Coffe Maker Market, By Sales Channels
6.4.1 offline
6.4.2 online
6.4.3 Market Size Estimations & Forecasts (2022-2027)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2022- 2027)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Product Type
7.2.3 By End-User
7.2.4 By Technology
7.2.5 By Sales Channels
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Product Type
7.3.3 By End-User
7.3.4 By Technology
7.3.5 By Sales Channels
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Product Type
7.4.3 By End-User
7.4.4 By Technology
7.4.5 By Sales Channels
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Product Type
7.5.3 By End-User
7.5.4 By Technology
7.5.5 By Sales Channels
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Product Type
7.6.3 By End-User
7.6.4 By Technology
7.6.5 By Sales Channels
8. Key Player Analysis
8.1 BEHMOR
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Jarden Consumer Solutions
8.3 SMARTER APPLICATIONS
8.4 Auroma Brewing Company
8.5 e’Longhi Appliances
8.6 FANSTEL
8.7 POPPY and REDMOND Industrial group
8.8 Keurig Green Mountain
8.9 Morphy Richards
8.10 Nestlé Nespresso
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
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