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French Press Market Size, Share & Industry Analysis, By Product Type (Manual, Automatic), By Application (Household, Commercial), By Material Use (Glass, Plastic, Stainless Steel) And Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI106225 | Status : UpcomingThe French press is a coffee brewing device that assists in extracting more oil out of coffee beans and result to enhances the flavor. Its offerings of simplicity when it comes to its usage, allow essential ingredients such as antioxidants and nutrients, end up in the coffee, is assisting to generate traction. The escalating production of french press, which doesn’t require filter paper, use BPA free plastic frame and is also heat-resistant act as an opportunity for the market growth. For instance, Bistro 4-Cup Electric French Press Coffeemaker comes with a 3pc stainless steel filter system that doesn’t require a paper filter, made out of a BPA-free plastic frame, and also has a heat-resistant medical grade borosilicate glass beaker.
The escalating consumption of coffee in various countries around the world led to a hike in the usage of the product, is acting as a driving factor for the market growth. For instance, the data published by the International Coffee Association is stating that the global consumption of coffee in 2018/2019 grew by 1.7 percent to 165.35 bags. In addition, increasing awareness of the alternative usage of the product for the preparation of tea is likely to fuel the demand.
Nevertheless, the escalating demand for substitute products such as coffee machines is acting as a restraining for the market growth.
Key Players Covered:
Bialetti Industrie S.p.A., Grosche International Inc, Frieling, Bean Envy Coffee, Espro, Inc., and others are the key players operating in the french press market.
The french press market is segmented by product type, application, sales channel, and geography.
On the basis of product type, the market is bifurcated into manual and automatic. Manual is estimated to be the larger segment on account of the product available at a lower cost. Also, its portability making it applicable for the use of multiple places even under the absence of power supply, boost its preference rate.
Based on application, the market is divided into household and commercial. The commercial is projected to be the larger segment owing to most coffee shops popularly offering french press coffee to their customers. Likewise, busy working professionals preferred consuming coffee from a coffee shop rather than wasting time to make their own surge in its consumption rate.
By material use, the market is fragmented into glass, plastic, and stainless steel. Plastic is anticipated to be the dominant due to possessing easy moveability, lightweight, toughness, and being at an affordable price range boosted the demand for this segment.
Regional Analysis:
On the basis of region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Europe is projected to exhibit a prominent share and is anticipated to continue throughout the forecast period of 2021-2028. The escalating rise of branded coffee shops resulting in spiking the utilization of the product is acting as a driving factor for the market growth. For instance, the data published by the CBI Ministry of Foreign Affairs, declares that the European branded coffee shop has witnessed a rise of 3.4 percent in 2019. In addition, e-commerce witnessing an escalating growth has a positive contribution in spiking the consumption rate. For instance, the data published by the UNCTAD in December 2019, declares that in 2019 European countries hold 8 of the top 10 spots on the Business to Consumers e-commerce index.
The Asia Pacific is anticipated to embrace a vital presence in the french press market, owing to the flourishing growth of coffee and retail tea chain generating more needs. For instance, the data released by the Economic Times in June 2019, is declaring that the coffee and tea retail is assessed to be valued at USD 365.1 million in 2018. Furthermore, the surging growth of the urban population resulted in a hike in the need and usage of the product is acting as a driving factor for the market growth. For instance, the data published by the World Bank.Org, in 2019 the Japanese urban population is evaluated to be 91.698 percent.
Segmentation
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Key Industry Developments-
- In January 2018, ESPRO announced the introduction of its French Press which is the world’s lightest 16 Oz coffee Press.
- In November 2020, GoSun declared the launch of GoSun Brew which comes with an inbuilt French Press and power bank.
- Global
- 2023
- 2019-2022