Coffee Machine Market Projected to Expand at 8.0% CAGR Through 2028

The Global Coffee Machine Market size is projected to grow at a CAGR of around 8.0% during the forecast period, i.e., 2023-28. The popularity of coffee capsules and their enhanced flavorful coffee, along with the onset of coffee machines integrated with Bluetooth, Wi-Fi, voice assistance, etc., has positively influenced the sales of coffee machines in recent years. Furthermore, the most recent advancements in the industry are the machines equipped with features to be accessed and controlled through smart devices like Google Home and Smartphones from anywhere within the house. As a result, the popularity of such coffee machines and increasing demand for them are expected to expand the market positively in the forecasting period.

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Strategic Takeaways from the Report:

• Market Sizing and Forecasting
• Regulatory and Policy Influence
• Competitive Trends and M&A Activity
• Innovation Drivers and Disruptive Technologies
• Investment Hotspots and Emerging Niches
• Geographical Dynamics and Trade Flows

Coffee Machine Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Type of Machine

• Drip Coffee Machine
• Steam Coffee Machine
• Capsule Coffee Machine
• Others

Here, the Drip coffee machine type accounted for a significant share of the global market in the historical period. Due to the growing global demand for cafes and restaurants, this type has been the most preferred machine among consumers, owing to its durability and unique look. The key market player is also addressing the preference of the consumers and introducing multiple features focusing on quality and easy interface added to the already popular drip coffee machine. In addition, the components of the drip filter machine, like reusable filters and cones, add to the advantages consumers prefer. Furthermore, lesser repair and maintenance costs and adequate automated features of the drip filter machines would further result in the industry's growth.

By Mode of Operation

• Manual
• Automatic
• Semi- Automatic

By Sales Channel

• Direct Sales
• Wholesalers/Retailers
• Online

By Material Make 

• Plastic
• Metal

By End Users

• Hotels
• Restaurants & Café
• Retail Malls/Outlets
• Corporates & Institutions
• Residential

Of them all, the demand for Residential coffee makers is expected to grow substantially because of the vogue of adding coffee to the morning routine. Along with it, the demand for flavored coffee is also driving the segment. Additionally, countries including the United States and South Korea are witnessing high demand and preference for household coffee machines. Also, technological advancement in coffee machines adds ease and helps save time, resulting in further market growth through 2028. Furthermore, the integrated consumption of coffee into the daily routines of office workers and the young population is furthering the need for easy access to fresh coffee. Thus, the large consumption of coffee bags among residents and households fuels the rise in demand for the coffee machine industry.

By Region

• North America
• South America
• Europe
• Middle East
• Africa
• Asia Pacific.

Amongst all, Asia Pacific dominates the Coffee Machine Market with the largest share, given the continuous increase in coffee consumption in the region. Along with it, many prominent retail chains support coffee machine consumption in countries like India, China, and South Korea. Furthermore, with the rising popularity of international café brands and the rise in the installation of cafes, restaurants, retail stores, and commercial buildings, the consumption of coffee machines is also the surge

These divisions help clarify demand patterns and expected shifts.

Market Driver

The popularity of coffee as an affordable flavorful beverage has led to its increased consumption, thereby propelling the industry's growth. Furthermore, the arrival of new cafes, coffee shops, hospitals, offices, and malls, the key end users of coffee machines, has given a lucrative growth opportunity to the market. Besides, the advertisement of coffee as a refresher, along with its health benefits among consumers, has made it the standard beverage to be shared even in the household. Further, the major market players focus on integrating various technologies, features, and automatic functions into machines, further pushing the market forward. Additionally, with the fast-moving lifestyle, the soaring need for automatic, pre-grind, and pre-infused features for consumers would maintain the industry's trajectory as the companies comply with consumers' demands. Moreover, the emergence of super-automatic machines, consistent in quality and operation, is likely to drive the market's growth in the forecast years.

Coffee Machine Market Competitive Snapshot from 2023-2028

The report highlights established and emerging players in the global Coffee Machine Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

• Keurig Dr Pepper
• Jura Elektroapparate AG
• EVOCA (formerly known as N&W Global Vending S.p.A)
• Melitta
• Philips
• Breville
• Groupe SEB
• De Longhi Group
• Dualit
• Nestle
• Electrolux AG
• Bosch.

Their activities include partnerships, product launches, and geographic expansions.

Coffee Machine Industry Trends

Consumers have many options, including manual coffee machines, semi-automatic coffee machines, smart coffee machines, or fully automatic coffee machines. Among them, semi-automatic is the most popular, and on-demand was given to it needing to be more wholly manual and as high cost as a fully automatic machine. This balance among the several types of machine advancement fuels the trend of consumers opting for a semi-automatic coffee machine. Additionally, unlike other super-automatic machines, a semi-automatic machine does not come with a pre-set time for adding shots. Allowing the consumer to decide on brewing and texture offers them to create a brew as per preference, which adds to the key factor behind its popularity, other than being cost-effective.

Frequently Asked Questions (FAQs):

• What industries are most impacted by this market?
• How is technology reshaping operations and offerings?
• Which competitors dominate the landscape?
• What risks could disrupt market expansion?
• How should businesses respond to demand fluctuations?

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