Coffee machine is an appliance used to brew coffee, widely used in coffee shops and canteens. Over the years, drinking coffee has evolved from being a simple dining routine to energy boosting agents. Whether it is a trend or long term practice, drinking coffee has been adopted with reflecting modern lifestyle and sophistication which has gained considerable growth around the globe. Considering the rising café culture and working millennial attraction towards coffee, the market for a coffee machine is expected to gain traction in the near future Some of the key players profiled in the study are Keurig green mountain (United States), Panasonic (Japan), Nestle nespresso (Switzerland), Jarden (United States), Delonghi (Italy), Electrolux (Sweden), Melitta (Germany), Morphy richards (U.K.), Philips (Netherlands), Hamilton beach (United States), Illy (Italy), Bosch (Germany), Krups (Germany), Jura (Switzerland), La cimbali (Italy), Zojirushi (Japan) and Schaerer (Switzerland).
- Growing Demand for Fresh Coffee for Across Corporate Offices
- Increasing Use in Public Functions and Gathering
- Rise in Number of Shops and Cafe Offering Coffee
- Growing Consumption among Working-Class Millennial
- Low Adoption in Rural Areas Owing to Prevalence of Alternate Coffee Making Techniques
- Manufacturing Coffee Machines Which Requires Minimum Maintenance
- Introduction of Advanced Variants of Coffee Machines
- Growing Café Culture among Youths in Developing Countries
Major Market Developments:
In Feb 2018, Welbilt a leading global provider of commercial foodservice equipment acquired Swedish coffee machine manufacturer Crem international for SEK 1.8 Billion (USD 224 Million). Crem international has been manufacturing coffee machines for over 50 years and sells its product to clients such as offices, restaurant, café and coffee shops in over 80 countries.
In CES 2019, the new Coffee Machine maker from Hamilton was introduced from Hamilton Beach which will accept voice commands from Alexa. The latest one, the USD79 Alexa Enabled Smart Coffee Maker (Model 49700), which will enjoy tight integration with Amazon voice assistant. and Another appliance which costs USD 89 Hamilton Beach can be connected to Wi-Fi Flex Brew which controls the brewer with the HB connects mobile app.
Global Coffee Machine Manufacturers, Global Coffee Machine Suppliers, Research Organizations and Consulting Companies, Organizations, Associations and Alliances related to Coffee Machine Manufacturing, Government Bodies such as Regulating Authorities and Policymakers., Industry Associations and Market Research and Consulting Firms
The following are the major objectives of the study
To define, describe, and forecast the Global Coffee Machines market on the basis of product [Drip coffee machine, Steam coffee machine, Capsule coffee machine, Bean-to-cup coffee machines and Other coffee machine (Traditional Espresso Machines, Filter Coffee Machines, Capsule/Pod Coffee Machine)] , application [Commercial Coffee Machine, Office Coffee machine and Household Coffee Machine], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Coffee Machines market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Coffee Machines industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Coffee Machines market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.