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The global coffee machines market size is anticipated to undergo a period of dynamic expansion owing to the widespread consumption of coffee around the world. A coffee machine is the most commonly used kitchen appliance for quickly brewing a cup of coffee. Companies sell various types of such vending machines which vary based upon the different coffee brewing methods such as boiling, filtration, and steeping. Multi-serving brewer machines are widely popular at various hotels and restaurants. Companies essentially use one out of various coating materials such as galvanized steel, lexan, acrylic powder coating, and polyurethane insulation materials in order to protect the machine from the excess heat during the brewing process.
The rising consumption rate of refreshing beverages is primarily driving the demand for such appliances. Additionally, shifting consumer preferences towards the purchasing of energy-saving kitchen appliance items have strongly influenced the consumers towards developing energy-efficient & automated coffee machines. Besides this, the growing necessities of completing the quick coffee orders by the workers at their café’s and food stalls have strongly given rise to the demand for such appliances.
Growing premiumization trend of coffee consumption as well as the awareness regarding its health benefits among the people is further fuelling the demand for such machines. Additionally, growing innovation in the design of the various beverage vending machines is likely to attract the users towards purchasing the coffee makers for their daily needs. For instance, in April 2020, 7-Eleven Inc. launched a new beverage dispenser machine having the various touch screen features that allow users to select a quantity, temperature, and intensity of coffee during brewing each cup of drink.
Moreover, rising infrastructural facilities related to the hotels & restaurants as well as hospitals & clinics is further driving the consumption rate of the coffee makers. Additionally, the implementation of the various marketing and promotional campaigns by the various coffee brands such as Dunkin' donuts, Luwak Coffee, Folgers, and many others have given rise to the consumption of the coffee bags and thereby, supported the demand for the coffee vending machines.
However, higher repair & maintenance cost of the vending machines is anticipated to restrain the coffee machine market growth. Additionally, growing transportation issues, labour shortage problems, and the incidences of the longer delivery times due to the uncertain supply chain disruption in the electronic appliances sector during the COVID-19 outbreak have temporarily hampered the coffee machine Industry.
Key Market Driver -
Rising premiumization trend of coffee consumption is expected to drive the market growth.
Key Market Restraint -
Higher repair and maintenance cost is anticipated to restraint market growth
The global coffee machine market is segmented based on type, technology, distribution channel, end-user, and geography.
Based on type, the coffee machine Industry is segmented into espresso coffee machines, drip filter coffee machines, liquid coffee concentrate dispensers, coffee capsule machines, and others. Drip filter coffee machines segment is expected to hold a major share of the coffee machine market as these machines are more affordable as compared to espresso type of machines. Additionally, lesser repair & maintenance costs as well as adequate automated features of the drip filter machines are some of the factors that are further driving the segment growth.
Based on technology, the coffee machine market is segmented into manual, semi-automatic, and automatic. The semi-automated segment is expected to hold the largest share of the global market as they are more affordable as compared to the automated type of machines. Additionally, people are more likely to prefer semi-automated machines as a user can brew a cup of coffee within a quick time period.
On the basis of the distribution channels, the market is segmented into specialty stores, hypermarkets & supermarkets, online stores, and others. The specialty stores segment is anticipated to hold a major share of the market as users can easily access various kinds of branded coffee vending machines for household usage from such stores. Moreover, commercial users are more likely to prefer to order coffee machines from these stores as they can compare various brands of coffee machines during the purchasing activity.
Based on end-user, the global coffee machine market is segmented into residential, offices, hotels & restaurants, and others. The residential segment is expected to hold a major share of the market owing to the large consumption volume of the coffee bags among households which results in the large domestic coffee machine consumption volume. According to the data presented by the United States Department of Agriculture (USDA), as of 2019-2020, European Union domestic coffee consumption volume reached to 45.85 million kg. bags.
By geography, the global coffee machine market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
The largest share of the European market is attributed to the large consumption of coffee bags in countries such as Germany, France, Italy, Spain, and Poland. According to the data presented by the European Coffee Federation, in 2018, total green coffee & instant tea consumption volume in Germany reached 0.367 million tonnes accounting for 26% of the overall European consumption. Additionally, a large import of the green coffee beans in the region as well as rising demand for the espresso blend drinks is likely to drive the demand for the espresso coffee machines in the region. According to the data presented by the CBI Ministry of Foreign Affairs, in 2018, the Italian import volume of the green coffee beans reached to 0.60 million tonnes at USD 1,487.70 million.
Asia Pacific coffee machine market is expected to grow at a faster rate owing to the increasing consumption of the coffee bags that result in the higher consumption of the coffee vending machines in the Asia Pacific region. According to the statistics presented by the International Coffee Organisation, in 2019, coffee consumption volume in the Asia & Oceania region was estimated to be 37.51 million bags (60 kg. per bag) and increased by 2.9% over the previous year. Additionally, the large presence of the retail chain of the prominent brands such as Big Bazar, Easyday, Croma, Reliance Digital, Dashang Group, Gome Retail Holding Ltd., and many others have strongly supported the consumption rate of the coffee machines in countries such as China, and India.
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