What Has Been the Growth Trajectory of the Coffee Machines Market?
The coffee machines market has seen considerable growth due to a variety of factors.
• There has been a consistent expansion in the size of the coffee machines market in the past few years. The market is projected to increase from $11.7 billion in 2024 to $12.15 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.9%.
Factors contributing to this growth during the historical duration include the rising introduction of espresso machines, popularity of drip coffee makers, innovative coffee machine brands, patents, and the growth of single-serve pod systems.
What Will Be The Coffee Machines Market Size In The Future?
The coffee machines market is expected to maintain its strong growth trajectory in upcoming years.
• In the imminent years, a robust expansion is anticipated in the coffee machines market. The market is projected to soar to $15.04 billion by 2029, with a compound annual growth rate (CAGR) of 5.5%.
This anticipated growth during the forecast period is due to innovative marketing and branding, the trend towards premiumization, customisation and personalisation, the expansion of the market in emerging regions, and the rise of e-commerce. Notable trends for the forecast period comprise of smart and interconnected machines, sustainable and eco-friendly designs, single-serve and pod-compatible machines, specialty coffee brewing, and integrated grinder systems.
What Are The Leading Drivers Of Growth In The Coffee Machines Market?
The coffee machines market is experiencing an upswing due to the burgeoning demand for instant non-alcoholic drinks such as coffee in eateries and office canteens. Coffee machines simplify the brewing process, making them an asset in coffee shops and work cafes. Factors like the millennial's tendency towards non-alcoholic beverages, awareness about low-sugar and alcohol-free drinks, hectic work routines, and evolving consumer preferences have boosted the popularity of instant non-alcoholic beverages like coffee. As the demand for coffee grows, coffee suppliers invest in suitable machinery and creative approaches like coffee capsules to deliver superior-tasting coffee and maximize their profits. The escalating use of coffee machines in restaurants and office canteens to meet the rising demand for instant non-alcoholic drinks like coffee pushes the demand for coffee capsules upwards, thereby fostering the expansion of the coffee machines market.
What are the Market Segments in the Coffee Machines Market?
The coffee machines market covered in this report is segmented –
1) By Type: Filter Coffee Machines, Pod Or Capsule Coffee Machines, Traditional Espresso Machines, Bean-To-Cup Coffee Machines
2) By Product: Drip Filter, Capsule, Espresso, Bean-To-Cup
3) By End-User: Household, Commercial
Subsegments:
1) By Filter Coffee Machines: Drip Coffee Makers, Pour-Over Coffee Makers
2) By Pod Or Capsule Coffee Machines: Single-Serve Machines, Multi-Cup Pod Machines
3) By Traditional Espresso Machines: Manual Espresso Machines, Semi-Automatic Espresso Machines
4) By Bean-To-Cup Coffee Machines: Fully Automatic Machines, Super-Automatic Machines
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What Trends are Shaping the Coffee Machines Market Size?
In the coffee machines market, leading businesses are focusing on launching revolutionary products, such as the automatic coffee machine, aimed at simplifying home coffee brewing and broadening the scope for drink customization. These automatic coffee machines are devices that mechanize the process of coffee preparation, thereby requiring less human interaction and usually feature programmable settings, embedded grinders, and options for personalizing your coffee. For instance, in May 2024, Bosch Home Appliances, a company from Germany, introduced a new range of fully automated espresso machines. This new range of espresso machines is designed to deliver coffee of barista-level quality at home, featuring customization options and cutting-edge features. The appliances come in the 300 and 800 Series, targeting various coffee tastes, and providing more convenience for coffee enthusiasts.
Who Are the Key Players in the Coffee Machines Market?
Major companies operating in the coffee machines market include:
• Robert Bosch GmbH
• Koninklijke Philips N.V.
• BSH Hausgeräte GmbH
• Stanley Black & Decker India Private Limited
• AB Electrolux
• Newell Brands Inc.
• Groupe SEB Krups
• Nestlé Nespresso S.A.
• Keurig Green Mountain Inc.
• De’Longhi Appliances S.r.l.
• Melitta Group KG
• WMF Group
• Philips India Limited
• JURA Elektroapparate AG
• Tsann Kuen Enterprise Co. Ltd.
• Hamilton Beach Brands Inc.
• Bear Electric Appliance Co. Ltd.
• illycaffè S.p.A.
• Zojirushi Corporation
• Usha International Ltd.
• Bajaj Electricals Limited
• TTK Prestige Limited
• Preethi Kitchen Appliances Pvt. Ltd.
• La Cimbali S.p.A.
• Rancilio Group S.p.A.
• Coffee Day Global Limited
• Foshan Shunde Colia Hardware Electric Appliance Co. Ltd.
• Panasonic Corporation Malaysia Sdn. Bhd.
• CMA Astoria S.p.A.
• LA Spaziale S.p.A.
What are the Regional Insights into the Coffee Machines Market?
Asia-Pacific was the largest region in the coffee machines market in 2024. Western Europe was the second-largest region in the global coffee machines market share. The regions covered in the coffee machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
