Rise in number of cafes and restaurants and increase in consumption of coffee in emerging nations are the key factors that drive the growth of the coffee maker market. Furthermore, the key players in the market are focusing toward new developments & launches in the machine, which is expected to boost the growth of the market. Integration of leading technological features in the machine also fuels the growth of the market. The global coffee maker market was valued at $3.8 billion in 2019, and is
anticipated to reach $5.1 billion by 2027, with a CAGR of 6.30% during the forecast period.
However, high capacity capital & maintenance cost and availability of other substitutes with fast food like cold drinks and shakes restrain market growth. Whereas, an increase in millennial population and a rise in adoption of western consumption habits are anticipated to provide lucrative opportunities for the key players operating in the global coffee maker market. In addition, growth in innovative technological advancement in coffee maker and increase in investments by small- & mid-sized coffee maker manufacturing companies provide growth opportunities for the market.
The coffee maker market is segmented on the basis of type, end use, sales channel, and region. By type, it is categorized into drip coffee machine, steam coffee machine, capsule coffee machine, and others. By end use, it is bifurcated into commercial and residential. By sales channel, it is bifurcated into online and offline sales. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East and Africa).
The key players profiled in this report include De’Longhi Appliances S.r.l, Electrolux, Koninklijke Philips N.V, Siemens AG, BSH Home Appliances Corporation, Newell Brands, Breville USA, Inc, GROUP SEB, Whirlpool, and Nestlé Nespresso.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global coffee maker market, with current and future trends to elucidate the imminent investment pockets in the market.
- Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis of the current market and estimation for the same from 2019 to 2027 is provided to showcase the financial competency of the market.
- Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights the business practices followed by the leading market players across various regions.
KEY MARKET SEGMENTS
- By Type
- Wines/Champagne
- Spirits
- By Distribution Channel
- Wholesale
- Retail
- E-Commerce
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
Companies Mentioned
- De’Longhi Appliances Srl
- Electrolux
- Koninklijke Philips NV
- Siemens AG
- BSH Home Appliances Corporation
- Newell Brands
- Breville USA Inc
- GROUP SEB
- Whirlpool
- Nestlé Nespresso
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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