Coffee Machine Market
Coffee Machine Market By Product Type (Capsule, Drip And Steam), By Technology (Manual, Semi-Automatic And Automatic), By Sales Channel (Retail Sales, Direct Sales And Online Sales), By End Use (Hotel, Restaurant, Café, Institutional And Residential) & Region - Forecast To 2021-2031
Fact.MR has recently released revised data on the coffee machine market, which is anticipated to progress at a CAGR of 4.7% over the next ten years. The coffee machine industry is currently estimated to be valued at US$ 16 Bn, and is expected to increase 1.6X in valuation by the end of 2031. Demand for coffee machines in South Korea is expected to increase at a robust CAGR of 5.4%.
Key Insights offered in Coffee Machine Industry Survey:
- Market estimates and forecast 2016-2031
- Key drivers and restraints impacting market growth
- Segment-wise, country-wise, and region-wise analysis
- Competition mapping and benchmarking
- Brand share and market share analysis
- Key product innovations and regulatory climate
- COVID-19 impact on demand for coffee machines and how to navigate
- Recommendation on key winning strategies
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Competitive Landscape: Notable Highlights
- In August 2018, Dualit Limited, a key player in the coffee machine market, launched a new CaféPro Capsule Machine which is compatible with company’s NX coffee capsules and other popular beverage brands such as Fine Tea capsules and Nespresso coffee capsules. Digital display and ease of use of the new machine is Dualit’s strategy to deliver a professional experience to consumers and expand its consumer base.
- In October 2018, Italian coffee maker illycaffè and German conglomerate JAB Holding Company announced collaboration to produce illy-branded coffee pods compatible with Nestle’s Nespresso machines. While illycaffe’s coffee pods were compatible with the company’s own coffee machine, stronger Europe market position of Nestle machines has led illycaffe to introduce Nespresso compatible capsules.
- On November 21, 2018, Nestle Nespresso announced an investment of CHF US$ 43 Mn for the development of two new production lines in company’s Romont factory in a bid to meet the growing demand for coffee system Vertuo. The company has also inaugurated the Product Development Center and Coffee Campus which will develop innovative machines and coffees from rare origins.
- In March 2018, De’Longhi, a leading player in consumer appliances announced the introduction of specialty coffee machine category which also includes Dinamica Fully Automatic Coffee Machine. De’Longhi has been a traditional player in specialty coffee machines and the new additions are expected to further expand the brand popularity.
- In February 2018, JURA Elektroapparate AG announced a 14% rise in the sale of its automatic coffee machines. In July 2018, the company launched Jura Giga X8’s updated version at The H&C EXPO. The new introduction is an automatic bean-to-cup coffee machine line whose original version is highly embraced by consumers.
Large Players Consolidating Position through Breakthrough Innovations
Prominent players continue to hold a hefty revenue share in the coffee machine market with their classic product portfolios as well as continual technology adoption aligned with consumer expectations.
Koninklijke Philips N.V. is the front-runner in the coffee machine market whereas De’Longhi S.p.A and JURA Elektroapparate present strong competition with their consistent product developments.
Along with the delivery of breakthrough customer experience, manufacturers are aiming at delivering a value-added product.
A new trend of introducing coffee pods that are compatible with coffee machines or vice-versa is observed in the market to relieve machine owners’ recurrent bemusement.
In addition, owing to the popularity of automation, in the past few years a meteoric rise in the introduction of automatic coffee machines with features like digital display and personalization facility has been observed.
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Demand Trends in Coffee Machine Market Differ among Tier-1 and Tier-2 Cities
While coffee machine plays a crucial role in the coffee shop industry, adoption trends of different types of coffee machines differ according to the location of the café.
Coffee shops make their own coffee machine selection across cities. For instance, in tier-1 cities, famous brands of coffee shops prefer high priced premium coffee machine brands.
On the other hand, coffee shops in tier-2 cities, with their tight budget cannot afford coffee machines whose prices are comparable to the capital investment involved in shop opening. The differing levels of adoption lead to variable purchase prices of coffee machines across cities.
Brand Image and Consumer Sentiment Play Crucial Role in Coffee Machine Sales
Coffee shop industry is flourishing with a significant number of cafes being built globally. As cafes and specialty coffee shops deliver extra features such as unique service, breakfast options and superior coffee quality, popularity of western brands such as Starbucks and Costa Coffee has increased significantly.
Success of these coffee shop brands plays a crucial role in the growth of the coffee machine market, owing to their strong domestic presence in major world countries.
In the commercial sector, coffee machines are the most important equipment. Commercial infrastructures prefer either automatic or semi-automatic coffee machines wherein purchase of coffee machine is decided on the basis of cost, coffee volume and consumer sentiments.
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Increasing Number of F&B Chains Present Lucrative Opportunities for Coffee Machine Manufacturers
Growing fast food demand and evolving needs of time-pressed consumers have led to an impressive growth of F&B chains in major world countries.
The growth is further fueled by mushrooming of convenience stores, fast food chains and bakeries. In particular, convenient stores are the prime destinations of coffee purchase among coffee lovers.
Quick serve and automatic machines that deliver high-quality coffee determine the success of these convenient stores.
While coffee shops attract a specific population of coffee lovers, F&B chains serve a wide range of consumers from mid to high standard.
Considering the distinct needs of F&B chains and specialty coffee shops, manufacturers in the coffee machine market are introducing multiple models of coffee machines.
Growing Coffee Consumption - A Traditional Driver
With the increasing number of discerning consumers and evolving palate for gourmet varieties, demand for specialty beverages including coffee has grown significantly in the past few decades.
In particular, propensity for specialty coffee has risen notably. According to the National Coffee Association (NCA), 62% of Americans were reported as daily coffee consumers in 2017.
Europe also presents an attractive coffee market and registers one of the highest global consumption. Emerging countries, with a significant millennial population, are witnessing a significant rise in coffee consumption.
As per International Coffee Organization (ICO), coffee consumption in China is growing at an annual 15% rate as compared to a 2% annual increase in North America and Europe.
The growing popularity of coffee and preference for specialty coffee varieties has led to consumers preferring coffee machine coffee over hand-made coffee. This trend has translated into a considerable rise in the sales of coffee machines.
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About the Report
Fact.MR has compiled a study on the coffee machine market and published a report titled, “Coffee Machine Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2021 to 2031.”
The coffee machine market report covers all the vital facets of the industry that hold significant impact on the future progress of the coffee machine market.
The coffee machine market analysis included in the report is based on a thorough assessment of driver, restraints, opportunities and trends prevailing in the coffee machine market.
Coffee Machine Market Structure
The coffee machine market is thoroughly studied for the demand trends and potential opportunities in the industry landscape.
Based on the comprehensive analysis, the coffee machine market is segmented in the most viable categories to derive an all-inclusive outlook of the coffee machine market.
The coffee machine market is segmented on the basis of product type, technology, end-use and sales channel. Based on product type, the coffee machine market is segmented in capsule, drip and steam. Based on technology, the coffee machine market is categorized in manual, semi-automatic and automatic coffee machines.
The coffee machine market is segmented based on sales channel wherein coffee machine distribution through retail sales, direct sales and online sales is analyzed.
Based on end use, the coffee machine market is segmented in hotel, restaurant, café, institutional and residential.
The coffee machine market analysis is also carried out for key business regions including North America, Latin America, Europe, Japan, APEJ and MEA. Regional analysis is backed by a thorough country-wise analysis.
A robust research methodology followed during the course of the coffee machine market study is discussed thoroughly in this chapter. The research methodology is based on a comprehensive primary and secondary research.
Primary research includes interviews with industry savants and domain-specific analysts. Secondary research includes in-depth study of company press releases and published data from trusted industry resources.
Coffee Machine Market: Report Scope
Fact.MR has compiled a new research on the coffee machine market that provides a comprehensive outlook of the market for the historical period 2016-2020 and forecast period 2021-2031.
This market analysis is backed by thorough assessment of associated industries, market drivers, opportunities, challenges, and trends prevailing in the coffee machine marketplace.
Forecasts derived in the report are based on in-depth regional analysis that considers the supply-demand scenario as well as region-specific industry trends.
To deliver a thorough market analysis and seamless understanding of the coffee machine market, the report is divided into total of 13 chapters. A brief introduction of all the chapters is provided below.
Chapter 1 - Executive Summary
The coffee machine market report commences with the chapter of executive summary. Highlighted values of CAGR and market size of important segments mentioned in the executive summary provides the readers with a complete overview of the coffee machine market.
The chapter also includes information such as the coffee machine market opportunity assessment, competitive analysis and mega trends that hold significant influence on the growth of the coffee machine market.
Chapter 2 - Global Coffee Machine Market Overview
In the chapter of the market overview, the coffee machine market report provides coffee machine market introduction, coffee machine market taxonomy, coffee machine definition, market dynamics, supply chain, cost structure, pricing analysis and pricing forecast till 2031.
In addition, the chapter also provides information such as macro-economic factors, trade analysis, coffee machine standards, PESTLE analysis, forecast factors and their relevance impact.
Chapter 3 - Market Analysis and Forecast 2021-2031
This chapter provides a thorough information on the coffee machine market structure. Market size in terms of revenue (US$ Mn) and volume (‘000 units), y-o-y growth and market share comparison of all the market segments mentioned in the market structure is provided in this chapter.
Coffee machine market segmentation based on product type, end use, technology, sales channel and region is discussed thoroughly in this chapter.
Performance of all the coffee machine market segments and their relative comparison can be found in this chapter of the coffee machine market report.
Chapter 4 - North America Market Size and Forecast, 2021-2031
In this chapter, North America coffee machine market performance for the historical period 2016-2020 and forecast period 2021-2031 is included.
North America coffee machine market analysis is also backed by an in-depth country-wise analysis carried out in the United States and Canada.
Chapter 5 - Latin America Market Size and Forecast, 2021-2031
The Latin America coffee machine market analysis can be found in this chapter. The regional analysis of the coffee machine market in Latin America is based on a thorough analysis of all the market segments of the coffee machine market including product type, technology, end use, sales channel and countries in Latin America.
Chapter 6 - Europe Coffee Size and Forecast, 2021-2031
Europe coffee machine market analysis for the historical period 2016-2020 and forecast period 2021-2031 can be found in this chapter of the coffee machine market report.
Europe coffee machine market analysis is based on a thorough analysis of all the market segments including coffee machine product type, coffee machine technology, end uses of coffee machine and distribution through different sales channel.
Europe coffee machine market is also studied for different countries to derive an all-inclusive regional market forecast.
Chapter 7 - Japan Market Size and Forecast, 2021-2031
Coffee machine market performance in Japan for the historical period 2016-2020 and forecast period 2021-2031 is included in this chapter.
The growth of the coffee machine market in the country is backed by a thorough analysis of different market segments and prevailing market trends.
Chapter 8 - APEJ Market Size and Forecast, 2021-2031
APEJ coffee machine market analysis can be found in this chapter. The coffee machine market performance in APEJ is backed by an in-depth analysis of all the coffee machine market segments.
In addition, the APEJ coffee machine market analysis is also backed by an exhaustive country-wise analysis.
Chapter 9 - MEA Market Size and Forecast, 2021-2031
The coffee machine market analysis in Middle East and Africa region can be found in this chapter of the coffee machine market report.
The regional analysis of the MEA coffee machine market is backed by a thorough analysis of all the market segments including coffee machine product type, coffee machine technology, end uses of coffee machine and sales channel.
MEA coffee machine market analysis is also based on an in-depth country-wise analysis.
Chapter 10 - Competitive Landscape
The competitive landscape of the coffee machine market can be found in this chapter.
This chapter of the coffee machine market delivers a comprehensive dashboard view of all the market players operating in the global coffee machine market.
Chapter 11 - Company Profiles
In this chapter of the company profiles, the coffee machine market report delivers a company profile of all the key players in terms of product portfolio, market size, global market presence and notable developments.
Chapter 12 - Fact.MR Research Methodology
This chapter of the coffee machine market report includes an overall approach followed during the course of coffee machine market study.
The research methodology used during the coffee machine market study includes primary and secondary research methodologies. In depth discussion on the primary and secondary research is provided in this chapter.
Chapter 13 – Disclaimer
In the disclaimer chapter, statements regarding the responsibility of the facts, data or assumptions mentioned in the coffee machine market report are given.
- FAQs -
The global coffee machine market progressed at a stable CAGR of 4.1% over the past 5 years.
Currently, the market for coffee machines enjoys a valuation of US$ 16 Bn.
The U.S., Germany, U.K., Netherlands, and Canada are at the forefront in terms of demand for coffee machines.
Top 5 market players collectively hold a dominant market share of 63% in the global coffee machine market.
The Japanese market is anticipated to expand at a slow CAGR of 2.7%, and the South Korean market is expected to do better and progress at a CAGR of 5.4%.
By 2031, the coffee machine industry is expected to be valued at a net worth of nearly US$ 25 Bn.
Sales of coffee machines are anticipated to rise at a CAGR of 4.7% over the decade.
Italy and Germany are leading countries in terms of export of coffee machines.
Switzerland, Italy, China, and the Netherlands are leading manufacturers of coffee machines.
Demand for coffee machines is expected to increase at a CAGR of 4.3% in North America.
The German market for coffee machines is anticipated to swell at a CAGR of 4.5%.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
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