Coffee Machines Global Market Size, Share Report, Growth Prospects, Developments Plans, Future Insights and Trends Analysis Till 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2235

The Business Research Company presents an extensive market research report on the Coffee Machines Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The coffee machines market size has grown steadily in recent years. It will grow from $11.42 billion in 2023 to $11.95 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to growing introduction of espresso machines, popularity of drip coffee makers, pioneering coffee machine brands, patents and innovations, single-serve pod systems.

The coffee machines market size is expected to see strong growth in the next few years. It will grow to $14.62 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to innovative marketing and branding, premiumization trend, customization and personalization, market expansion in developing regions, e-commerce growth. Major trends in the forecast period include smart and connected machines, sustainability and eco-friendly designs, single serve and pod-compatible machines, specialty coffee brewing, integrated grinder systems.

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Key Market Players:

Major companies operating in the coffee machines market report are Robert Bosch GmbH, Koninklijke Philips N.V., BSH Hausgeräte GmbH, Stanley Black & Decker India Private Limited, AB Electrolux, Newell Brands Inc., Groupe SEB Krups, Nestlé Nespresso S.A., Keurig Green Mountain Inc., De'Longhi Appliances S.r.l., Melitta Group KG, WMF Group, Philips India Limited, JURA Elektroapparate AG, Tsann Kuen Enterprise Co. Ltd., Hamilton Beach Brands Inc., Bear Electric Appliance Co. Ltd., illycaffè S.p.A., Zojirushi Corporation, Usha International Ltd., Bajaj Electricals Limited, TTK Prestige Limited, Preethi Kitchen Appliances Pvt. Ltd., La Cimbali S.p.A., Rancilio Group S.p.A., Coffee Day Global Limited, Foshan Shunde Colia Hardware Electric Appliance Co. Ltd., Panasonic Corporation Malaysia Sdn. Bhd., CMA Astoria S.p.A., LA Spaziale S.p.A.

Market Drivers:

The growing popularity of instant non-alcoholic beverages such as coffee in restaurants, and office cafeterias propels the growth of the coffee machines market. The coffee machines reduce the time and effort required in preparing a cup of coffee when used in coffeehouses, and office cafeterias. The increasing need for non-alcoholic beverages drinks among millennials, consumer awareness toward low sugar and non-alcoholic drinks, busy work schedules, and changing consumer taste are a few of the reasons that have attributed to the rise in the popularity of instant non-alcoholic beverages such as coffee. Due to the increasing demand for coffee, coffee provider companies are investing in appropriate equipment and innovating ways such as coffee capsules to offer better-tasting coffee as more profitable options. The increasing use of coffee machines in restaurants and office cafeterias to fulfill the increased demand for instant non-alcoholic beverages such as coffee increases the demand for coffee capsules, thus increasing the growth of the coffee machines market.

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The coffee machines market covered in this report is segmented -

1) By Type: Filter Coffee Machines, Pod/Capsule Coffee Machines, Traditional Espresso Machines, Bean-to-Cup Coffee Machines
2) By Product: Drip Filter, Capsule, Espresso, Bean-to-Cup
3) By End-User: Household, Commercial

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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