Press release
TechSci Research Report: Portable Coffee Maker Market Projected to Reach US$ 4.89 Billion at a 7.5% CAGR by 2028
As per TechSci Research's report, "Global Portable Coffee Maker Market - Industry Trends & Opportunities 2028," the market, valued at USD 4.89 billion in 2022, is projected to grow at a 7.5% CAGR during 2024-2028. The global pPortable Coffee Maker Market has undergone significant evolution, transforming the way people globally brew and savor their daily coffee. Portable coffee makers, synonymous with travel or on-the-go coffee makers, are innovative devices crafted to brew coffee anytime, anywhere. They have become an integral part of the modern coffee experience, meeting the demands of the on-the-go lifestyle, coffee culture, and the quest for quality and convenience.The global market for portable coffee makers includes various products, such as manual coffee makers, battery-operated devices, and even smart, app-connected brewing solutions, catering to coffee enthusiasts who desire the freedom to enjoy their favorite brews beyond traditional settings.
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Coffee enthusiasts now crave personalized coffee experiences, and portable coffee makers provide the flexibility to experiment with different beans, grinds, and brewing techniques, allowing users to customize their brews. The growing demand for premium, high-quality coffee experiences drives consumers to invest in portable coffee makers offering superior brews, convenience, and durability. This premiumization trend has spurred the development of upscale travel coffee makers to meet these demands.
While promoting sustainability, portable coffee makers are not without environmental concerns. Issues related to production, disposal, and potential electronic waste must be addressed by the industry. Some high-tech models, with app-based controls and advanced features, may pose a learning curve for less tech-savvy consumers or those who prefer a simpler brewing process.
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The global pPortable Coffee Maker Market is categorized by type, end-use, distribution channel, region, and company.
In the distribution channel segment, the online category dominates the global market. The surge in e-commerce platforms has transformed how consumers purchase portable coffee makers, providing a convenient one-stop destination for exploring diverse products, reading reviews, and making informed decisions-all from the comfort of their homes. Online shopping's convenience and accessibility have significantly broadened the reach of portable coffee makers.
In terms of region, North America holds a substantial share in the global pPortable Coffee Maker Market. With a vibrant coffee culture deeply rooted in the daily routines of millions, the United States and Canada rank among the world's largest coffee consumers. The enduring love for coffee, transcending generations and ingrained in the culture, naturally drives the demand for portable coffee makers.
Unlock Essential Insights: Discover the Key Takeaways for Actionable Information!
• Portable Coffee Maker Market is expected to grow at a CAGR of 7.5% during the forecast period.
• Portable Coffee Maker Market has a valuation of US$ 4.89 Billion as of 2028.
• North America currently holds the title of the largest market for drinkware.
• Hundreds of brands offer various Coffee Maker, leading to fierce competition based on price, features, and branding.
• Asia Pacific is projected to witness the fastest growth in the Portable Coffee Maker Market throughout the forecast period.
• In terms of type, the cages segment claims the top spot in Portable Coffee Maker Market share.
• When considering the sales channel, the Online, retailers segment takes the lead in market share.
• Focusing on the price range, the premium segment secures the highest market share in the Portable Coffee Maker Market.
Competitive Landscape
TechSci Research's Global Portable Coffee Maker market report, based on provided market data, offers customizable options tailored to a company's specific needs. Customization choices for the report include:
Recent Developments
• In 2022, Carysil, in collaboration with Vaani Kapoor, introduced an innovative coffee maker with built-in features, aiming to enhance the coffee crafting experience for passionate enthusiasts. The cutting-edge design incorporates an intelligent pre-aroma system, maximizing aroma development for an enriching cup of coffee.
• In October 2020, Nespresso, under Nestlé, unveiled touchless functionalities for its Nespresso Momento machines. These features promote safer social interactions while enjoying coffee, offering enhanced convenience and peace of mind.
Major companies operating in Global Portable Coffee Maker Market are:
Keurig Green Mountain Inc., Panasonic Corporation, Nestlé S.A, Newell Brands, De' Longhi Appliances S.r.l., AB Electrolux, Melitta, Morphy Richards, Koninklijke Philips N.V., Hamilton Beach Brands Inc.
Market Segmentation for Portable Coffee Maker Market
• Portable Coffee Maker Market, By Type:
o Manual
o Automatic
• Portable Coffee Maker Market, By End-Use:
o Household
o Out-of-Home
o Food Service
o Corporate
• Portable Coffee Maker Market, By Distribution Channel:
o Online
o Offline
• Portable Coffee Maker Market, By Region:
o North America
United States
Canada
Mexico
o Europe
France
United Kingdom
Italy
Germany
Spain
o Asia-Pacific
China
India
Japan
Australia
South Korea
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Turkey
Egypt
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Table of Content
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Challenges Faced Post Purchase
4.3. Brand Awareness
5. Global Portable Coffee Maker Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type Market Share Analysis (Manual, Automatic)
5.2.2. By End-Use Market Share Analysis (Household, Out-of-Home, Food Service, Corporate)
5.2.3. By Distribution Channel Market Share Analysis (Online and Offline)
5.2.4. By Regional Market Share Analysis
5.2.4.1. North America Market Share Analysis
5.2.4.2. South America Market Share Analysis
5.2.4.3. Middle East & Africa Market Share Analysis
5.2.4.4. Europe Market Share Analysis
5.2.4.5. Asia-Pacific Market Share Analysis
5.2.5. By Top 5 Companies Market Share Analysis, Others (2022)
5.3. Global Portable Coffee Maker Market Mapping & Opportunity Assessment
5.3.1. By Type Market Mapping & Opportunity Assessment
5.3.2. By End-Use Market Mapping & Opportunity Assessment
5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment
5.3.4. By Region Channel Market Mapping & Opportunity Assessment
6. North America Portable Coffee Maker Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type Market Share Analysis
6.2.2. By End-Use Market Share Analysis
6.2.3. By Distribution Channel Market Share Analysis
6.3. North America: Country Analysis
6.3.1. United States Portable Coffee Maker Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type Market Share Analysis
6.3.1.2.2. By End-Use Market Share Analysis
6.3.1.2.3. By Distribution Channel Market Share Analysis
6.3.2. Canada Portable Coffee Maker Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type Market Share Analysis
6.3.2.2.2. By End-Use Market Share Analysis
6.3.2.2.3. By Distribution Channel Market Share Analysis
6.3.3. Mexico Portable Coffee Maker Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type Market Share Analysis
6.3.3.2.2. By End-Use Market Share Analysis
6.3.3.2.3. By Distribution Channel Market Share Analysis
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Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com
About TechSci Research:
TechSci Research is a management consulting firm centered on research, offering global market research and advisory solutions across various industries. The core principles guiding TechSci Research are value, integrity, and insight. With a team of dynamic industry experts at the helm, TechSci Research delivers high-value market research and advisory services to clients worldwide. These services aid in identifying new market opportunities, growth strategies, and innovative approaches to secure market share. Consequently, TechSci's clients are positioned as leaders, pioneering market trends rather than merely following them.
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