Coffee Machines Market size is poised to reach USD 11.3 billion by the end of 2032, according to the report. The ongoing technical improvements in household appliances, including coffee machines, is expected to fuel the market growth. Of late, multiple coffee machine manufacturers are continually improving user experiences and providing sophisticated features with the help of programmable timers, adjustable brew strength, temperature control, built-in grinders, smart connection, and touchscreen interfaces. In addition, the surging popularity of reusable coffee capsules and energy-efficient equipment driven by the rising focus of consumers on eco-friendly products will augment the industry outlook.
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Capsule or Pod coffee machines to gain traction
With respect to type, the capsule or pod coffee machines market size is projected to generate more than USD 3.9 billion by the end of 2032. Capsule coffee machines are increasingly preferred over standard coffee offerings to meet the rising demand for premium and specialty coffees. Multiple coffee roasters and businesses are selling specialized coffee capsules with one-of-a-kind mixes, single-origin coffees, and limited editions to offer premium coffee experiences to consumers at home, further driving the adoption of capsule coffee machines.
Residential end-use segment to record substantial growth
In terms of end-use, the coffee machines industry from the residential segment reached more than USD 2.9 billion in 2022 and is expected to expand at robust CAGR through 2032. The scaling consumer interest in personalized coffee experiences has steered the higher adoption of coffee machines to customize coffee strength, flavor profiles, and brewing parameters according to individual preferences. Additionally, the growing popularity of specialty coffee, including single-origin beans and unique blends will fuel the segment growth.
Asia Pacific region to provide potential growth opportunities
Asia Pacific held considerable share of the global coffee machine market in 2022 and is expected to surpass USD 2.9 billion by the end of 2032. The shifting consumer tastes have led to the growing popularity of beverages. Rapid urbanization, the swift rise in middle-class population along with the escalating impact of Western coffee culture mainly in China, Japan, South Korea, Australia, and Australia will add to the market growth.
Coffee Machine Market Participants
The competitive landscape of the coffee machine industry includes leading players, such as Koninklijke Philips NV Melitta, De'Longhi Group, Electrolux AB, Keurig Dr. Pepper Inc., Newell Brands Panasonic Corporation, Robert Bosch GmbH, Nestlé SA, and Breville Group Limited. These firms are working on new product developments for scaled revenue sales. For instance, In March 2023, De'Longhi announced the launch of TrueBrew, for broadening its product line to include specialty drip coffee for at-home brewing.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation.
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Coffee machines market 360º synopsis, 2018 - 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Type trends
2.5 Operation type trends
2.6 End-user trends
2.7 Distribution channel trends
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