Europe Coffee Machines Market 2021: SWOT Analysis, Future Growth, COVID-19 Impact, Manufacturers, Demands and Revenue Report investigated in the latest research

The coffee machines market in Europe is expected to grow from US$ 4,820.06 million in 2021 to US$ 6,179.04 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028. Smart coffee machines are innovated with Bluetooth, or Wi-Fi connectivity are key development driving the growth of the coffee machines market. Smartphones can be used to control smart coffee machines, allowing users to monitor them from anywhere in the home and transmit commands. Most coffee machines come with software that can customize brew parameters and schedule brew times. For instance, in 2019, smart coffee machines with Wi-Fi connectivity that can be controlled through a smartphone were supplied by businesses like Jarden Customer Solutions and Smarter Applications. As a result, smart coffee machines that are linked through Bluetooth or Wi-Fi are likely to be in demand. In April 2019, Electrolux, a leader in home appliances, acquired Unic, a French-based company, an expert in manufacturing professional espresso machines, for an undisclosed amount. Through this acquisition, the Unic is able to expand its product offering and accelerate international growth within the coffee espresso segment, a significant and fast-growing part of the food service business.

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Key companies profiled in this research study are:
Robert Bosch GmbH
Electrolux AB
illycaffè S.p.A.
Koninklijke Philips N.V.
Krups GmBH (Groupe SEB)
Morphy Richards
Nestlé S.A
Panasonic Corporation
Luigi Lavazza S.p.A

Europe Coffee Machines Market Segmentation

Europe Coffee Machines Market -By Type
Filter Coffee Machines
Espresso Coffee Machines
Capsule and Pod Coffee Machines
Others

Europe Coffee Machines Market -By Category
Manual
Automatic and Semi-Automatic

Europe Coffee Machines Market -By End-User
Residential
Non- Residential

Europe Coffee Machines Market – By Country
Germany
France
Italy
UK
Russia
Rest of Europe

Key Market Segments:
Based on type, the filter coffee machines segment accounted for the largest share of the Europe coffee machines market in 2020. Based on category, the automatic and semi-automatic segment accounted for the largest share of the Europe coffee machines market in 2020. Based on end-user, the residential segment accounted for the largest share of the Europe coffee machines market in 2020.

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Major Features of Europe Coffee Machines Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Coffee Machines Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Europe Coffee Machines Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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