Coffee Machine Market size is anticipated to reach USD 159 billion by the end of 2036, growing at a CAGR of 7% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of coffee machine was over USD 12 billion. The growth of this market can be attributed on the back of increasing consumption of coffee all over the world. This can be justified on the back of increasing demand for specialty beverages such as coffee owing to the increasing number of notable consumers and range of gourmet options. As per the statistics in the US around 62% of the total population every day consumes coffee.
The most recent developments in the market include the release of coffee capsules that provide better-tasting coffee and smart coffee makers that are equipped with Bluetooth, Wi-Fi, voice assistance, and other features. These coffee makers can be obtained, operated, and managed through smartphones from any part of the house. Due to their extreme convenience, customers' growing desire for these smart coffee makers is anticipated to have a major positive impact on the growth of the worldwide coffee machine market throughout the studied period.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024 - 2036 |
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CAGR |
7% |
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Base Year Market Size (2023) |
USD 12 billion |
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Forecast Year Market Size (2036) |
USD 159 billion |
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Regional Scope |
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Application (Commercial, Residential, Hotel & Restaurants, Offices)
Based on application, the residential segment in the coffee machine market is set to hold the largest revenue share of 40% during the forecast period between 2024-2036. Over the past years, the residential use of coffee machine has grown in popularity. The volume of domestic consumption of coffee in the European Union reached 45.85 billion kg in the period from 2019-2020. bags. These machine are designed for home use, offering convenience and adaptability in the production of coffee. Drip coffee machine, espresso machine, pod coffee machine, and French presses are also available for use at home. The popularity of pod coffee machine, which are also known as single-serving coffeemakers, is growing. In order to brew one cup of coffee, they use prepackaged pods or capsules which offer convenience and simplicity. Although the machine are easy to use, some people feel that they do not produce coffee as well as any method of brewing. The appeal of coffee pods is diminished by the important environmental impact caused by their disposal.
Product Type (Drip/Filter, Pod/Capsule, Espresso, Bean-to-cup)
Based on product type, the pod/capsule segment is projected to account for 40% share of the global coffee machine market by the end of 2036. The middle-class population has been attracted to pods coffee machine due to the convenience offered by automated coffee machine coupled with a continuous brewing process. Due to the high environmental footprint of used coffee pods, consumers' preference for coffee pods has been tarnished. In the coming years, segment growth is likely to be stimulated by manufacturers' adoption of sustainable coffee capsules.
Our in-depth analysis of the global market includes the following segments:
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Product Type |
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Application |
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Operation Category |
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Distribution Channel |
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European Market Forecasts
The coffee machine market in the Europe region is set to hold the highest share of 35% by the end of 2036. One of the main drivers for market growth is coffee consumption in this part of the world. There is an increase in sales of products as a result of the presence of many commercial and office buildings. The demand for coffee machine in the region is likely to be driven by large imports of green coffee beans and increasing demand for espresso blended drinks. In addition, the sector for espresso machine in Europe accounts for about 185,000 units sold each year. Additionally, demand for specialty coffee, growing penetration of ready-to-use pod coffee and increasing technological advancement are driving the expansion of the market.
APAC Market Statistics
The coffee machine market in the Asia Pacific region is predicted to grow significantly during the forecast period. Rapid urbanization and the growing middle-income population are key drivers for this growth in the region. The Asia Pacific region is expected to become the world's largest market in coming years, due to its increasing population, technology advances, rising income levels, and a growing number of workers. In countries such as China, India, and Japan the demand for coffee machine is driven by factors such as an increasing number of young consumers and growing working classes. With a growing number of coffee shops and the popularity of capsule systems, which contribute to increasing demand for coffee machine, this region's café culture is being expanded. Moreover, the market value in this region is further boosted by an increasing number of cafés, restaurants, hotels, homes and businesses as well as a growing consumer spending capacity.
Author Credits: Anil Kumar, Ipsheeta Dash
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