Global Coffee Machines Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Coffee Machines Market Report by The Business Research Company covers coffee machines market drivers and restraints, coffee machines market size, major players, and the impact of COVID-19 on the coffee machines market.
The coffee machines market consists of sales of coffee machines and related services that are used in hotels, restaurants, cafes, and offices. Coffee machines are the small electrical machines used for coffee making.
The increasing use of coffee machines in restaurants, office cafeterias to fulfil the increased demand for instant non-alcoholic beverages such as coffee increases the demand of coffee capsules, thus driving the growth of the coffee machines market.
The global coffee machines market is expected grow from $5.11 billion in 2020 to $5.45 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.36 billion in 2025 at a CAGR of 4%.
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Some coffee machines market trends include smart coffee machines with Bluetooth or Wi-Fi connectivity. The smart coffee machines can be accessed via smartphones, and users can monitor them from anywhere in the house and can also send smartphone commands.
Global coffee machines market segments include:
1) By Type: Filter Coffee Machines, Pod/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.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Coffee Machines Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides coffee machines market overviews, analyzes and forecasts market size, share, coffee machines market players, coffee machines market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The coffee machines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Coffee Machines Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Keurig Green Mountain, Inc., Panasonic Malaysia, Nestlé Nespresso S.A., De’Longhi Appliances S.r.l., Electrolux, Morphy Richards India, Koninklijke Philips N.V., Hamilton Beach Brands, Inc., Schaerer, and Robert Bosch GmbH, Jarden Consumer Solutions, Melitta Group, JURA Elektroapparate, Illy, Bosch.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Coffee Machines Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Coffee Machines Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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