Press release
Food And Beverage Industry Growth, Creating Huge Demand For Portable Espresso Machines Market
Portable Espresso Machines Market DynamicsThe ease of use and consistent brewing results are some of the major factors that is responsible for increasing the demand for portable espresso machines globally.
The growing consumption of coffee across the world is increasing the demand for portable espresso machines. Moreover, due to its compact nature, portable espresso machines are favored by consumers for camping and trekking trips.
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Portable Espresso Machines Market Overview
With the growing demand for portable smart kitchen appliances and the expanding working class population base, the portable espresso machines market is witnessing sufficient traction.
The increasing trend of social gatherings and outdoor activities is leveraging the demand for portable espresso machines. The purchase of portable espresso machine can be profitable to consumers as these machines enable the preparation of instant coffee at a low price.
Presently, there are a certain number of manufacturers, who are focused on portable espresso machines but the number is likely to increase during the forecast period.
Due to its compact and limited size, a portable espresso provides only one or two cups of coffee in a single charge after which the device has to be charged again.
Moreover, portable espresso machines are expensive as there are only a few competitors in the market and some consumers do not want to spend much on such a coffee machine.
These factors could prove to be a hurdle for the global portable espresso machine market during the forecast period.
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Portable Espresso Machines Market Segmentation
The portable espresso machines market can be segmented on the basis of cups per charge, water tank capacity, end use and sales channel.
On the basis of cups per charge, the portable espresso machines market can be segmented as:
1 Cup
1- 5 Cups
> 5 Cups
On the basis of water tank capacity, the portable espresso machines market can be segmented as:
< 50 ml
50 ml – 80 ml
80 ml – 120 ml
120 ml – 150 ml
> 150 ml
On the basis of end use, the portable espresso machines market can be segmented as:
Household
Commercial
On the basis of sales channel, the portable espresso machines market can be segmented as:
Hypermarkets / Supermarkets
Franchised Electronic Stores
Online
Company Website
Third-party Online
Others
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Important doubts related to the Portable Espresso Machines Market clarified in the report:
Which regional market is expected to witness the highest growth during the forecast period?
How has the surging prices of raw materials during the COVID-19 pandemic impacted the growth of the keyword market?
Why are market players focusing on R&D and innovations?
Are market players expanding their global presence? If yes, how?
Report regional analysis includes:
North America
Europe
MEA
East Asia (Japan, China, South Korea)
South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
Oceania (Australia, New Zealand)
Latin America
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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Portable Espresso Machines Market Key Players
The portable espresso machines market is characterized by the presence of a large number of regional companies offering a variety of products. These companies device various strategies, such as offering cheap and valuable portable espresso machines to suit every need.
Some of the key players in the portable espresso machines market are: Handpresso SARL, Wacaco Company Limited, Aerobie, Inc, ROK Coffee, STARESSO, DeLonghi, Philips (Saeco), Ali Group, Gruppo Cimbali, Hamilton Beach, Barsetto Tripresso and Nutrichef.
The Report Covers Exhaustive Analysis On:
Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
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Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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