Coffee maker Market Segments by Product Type (Drip Coffee Machine, Steam Coffee Machine, Capsule Coffee Machine, and Others); by End User (Residential, and Commercial) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Coffee makers are coffee brewing machines. Different brewing processes are used by coffee machines. The most common process is the process in which coffee machines use coffee bases that are inside a metal strainer. This saves time and influences the taste of coffee directly with coffee machines. Its application covers household, office, and business use. The machine can be semi-automatic or fully automated, helping to quickly brew coffee and to preserve the end product's quality and taste. In the coffee industry, the coffee machine plays an important role. Depending on the café site, trends in the implementation of advanced types of coffee makers differ.
Market Highlights
Global Coffee maker is expected to project a notable CAGR of 5.2% in 2030.
Global Coffee maker market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 5.2% in the coming years, i.e., 2021-30. Consumption of coffee is anticipated to accelerate due to changing consumer preferences and understanding of health benefits such as the lower risk of type 2 diabetes, liver diseases, and heart failure prevention. In the United States, Italy, India, Japan, China, and France, increased the use of coffee machines to satisfy the needs of busy customers. The number of coffee machines in the advanced and developing countries has increased as well. The increase of thousands of people in developing countries also increases the consumption of out-of-home and premium coffee, which resulted in an increase in cafés and restaurants.
Global Coffee maker: Segments
Drip Coffee segment to grow with the highest CAGR during 2020-30
Global Coffee maker is segmented by Product Type into Drip Coffee Machine, Steam Coffee Machine, Capsule Coffee Machine, and Others. Drip coffee machine was the wisest option among buyers due to the increasing global demand for coffee machines and restaurants. Due to their high durability and the different appearance of the products, consumers prefer to drop coffee machines. The key players are highlighting preferences of consumers and incorporating multiple new advancements of products in the market with concentrating on quality of coffee as well as ease-of-use. The main players, therefore, expect these strategies to support the firms to raise their sales and to complement coffee making market growth
Commercial segment to grow with the highest CAGR during 2020-30
Global Coffee maker is divided by End-Use into Residential, and commercial. The commercial segment was dominant, representing approximately half the market share of coffee making in 2020, and is projected to maintain dominance over the entire coffee-making market during the forecast period. Demand for coffee makers is projected to accelerate significantly due to increasing investment in commercial spaces, including airports, hospitals, hotels, and restaurants. The ease with which the brands offer their products and the cost of sale and purchase are some of the key drivers of the market. Increased sales of steam coffee machines are expected to generate high demand for commercial coffee makers.
Global Coffee Maker: Market Dynamics
Drivers
Rising demand for Coffee worldwide
The dramatic increase in the world's population for coffee drinks has resulted in massive market expansion in recent years, along with an increasing popularity for specialty coffees. Strong business growth has also been favorable to the coffee machinery industry, particularly in developing countries. The advent of the restaurant industry as a main end-user and the increased number of kitchenette offices can also boost the sales in the following few years of developed coffee machines.
Health benefits
Consumption of coffee is anticipated to accelerate due to changing consumer preferences and understanding of health benefits such as lower risk of type 2 diabetes, liver, liver diseases, and heart failure prevention. In the United States, Italy, India, Japan, China, and France, increased the use of coffee machines to satisfy the needs of busy customers. The number of coffee machines in the advanced and developing countries has increased as well.
Restraint
High cost
A major challenge might be the high costs of technologically advanced coffee machines as it prohibits end-user demand. An increased number of private coffee machinery firms could curtail market growth throughout the assessment period.
Global Coffee Maker Market: Key Players
Melitta (Germany)
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Keurig Green Mountain Inc. (US)
La Cimbali (Italy)
Zojirushi America Corporation (Japan)
Luigi Lavazza S.p.A. (Italy)
Schaerer Ltd (Switzerland)
Panasonic Corporation (Japan)
Nestlé S.A. (Switzerland)
Newell Brands (US)
De'Longhi Group (Italy)
Electrolux AB (Sweden)
Other Prominent Players
Global Coffee maker: Regions
Global Coffee maker is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. During the projected timeline, Europe ought to have the highest share in the total market for Coffee makers. The main driving factor in the market is high coffee consumption in the region. In addition, the existence of a number of business complexes and offices leads to increased sales of products.
From 2020 to 2030, the Asia-Pacific region is the fastest-growing. This market has been segmented into China, Japan, South Korea, and APAC's Rest (RoAPAC). RoAPAC contains Singapore, Thailand, Malaysia, India, New Zealand, and Australia. The major contributors to growth in the region are anticipated from developing countries, including India, China, and Australia. In addition, an increasing number of cafés and coffee shops will increase demand, especially in emerging countries. Because of a high growth potential that is likely to support growth strategy, major cafe chains such as the CCD and Starbucks are investing in the region.
Global Coffee maker is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Coffee maker report also contains analysis on:
Coffee maker Segments:
By Product type:
Drip Coffee Machine
Steam Coffee Machine
Capsule Coffee Machine
Others
By End-user
Residential
commercial
Coffee maker Dynamics
Coffee maker Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Coffee maker Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Coffee maker Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Coffee maker Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Coffee maker Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By product type: Market Share (2020-2030F)
1. Drip Coffee Machine, , , and, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Steam Coffee Machine, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Capsule Coffee Machine, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By End user: Market Share (2020-2030F)
1. Residential, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. commercial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
Company Profile
1. Panasonic Corporation (Japan)
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Melitta (Germany)
3. Keurig Green Mountain Inc. (US)
4. La Cimbali (Italy)
5. Zojirushi America Corporation (Japan)
6. Luigi Lavazza S.p.A. (Italy)
7. Schaerer Ltd (Switzerland)
8. Nestlé S.A. (Switzerland)
9. Newell Brands (US)
10. De'Longhi Group (Italy)
11. Electrolux AB (Sweden)
12. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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