NEW YORK, Jan. 18, 2022 /PRNewswire/ -- 34% of the
market's growth will originate from Europe for the coffee machine market.
The UK and Italy are the key markets for the coffee machine
market in Europe. Market growth in
this region will be faster than the growth of the market in
North America and MEA. The
coffee machine market is expected to grow by USD 8.85 billion from 2021 to 2026,
progressing at a CAGR of 7.95%.
For more insights on the market share of
various regions - Download the Free Sample Report
Coffee Machine Market: Growing demand and availability due to
organized retailing to drive growth
The rise in demand and availability due to organized retailers is
one of the key drivers for the coffee machine market share growth.
The rise in population is creating a
significant demand for supermarkets. These supermarkets
and hypermarkets worldwide have become important retailers for
coffee machines. Supermarkets are occupied by retailers, which
serve as distribution channels. Thus, the rising numbers of
retail outlets have made suitable distribution channels for coffee
market vendors, boosting the coffee machine market growth.
To know more about the drivers, trends
& challenges - Request Free Sample Research
Report
Coffee Machine Market: Segmentation Analysis
This market research report segments the coffee machine
market by End-user (commercial and non-commercial) and
Geography (Europe,
North America, APAC, South America, and MEA).
The coffee machine market share growth by the commercial
segment will be significant for revenue generation. The
rise in the number of specialty coffee shops across the world is
primarily driving the commercial segment of the coffee machine
market. Moreover, changing lifestyles and the increasing
family incomes of consumers are rising their exposure to
high-quality coffee experiences. Also, the increase in the
variety of coffee flavors and tastes is expected to drive
the commercial coffee segment, resulting in coffee machine
market growth.
To gain insights on the market contribution of
various segments - Download a Free sample
report
Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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|
Coffee Machine
Market Scope
|
|
Report
Coverage
|
Details
|
|
Page
number
|
120
|
|
Base year
|
2021
|
|
Forecast
period
|
2022-2026
|
|
Growth momentum &
CAGR
|
Accelerate at a CAGR
of 7.95%
|
|
Market growth
2022-2026
|
USD 8.85
billion
|
|
Market
structure
|
Fragmented
|
|
YoY growth
(%)
|
6.89
|
|
Regional
analysis
|
Europe, North
America, APAC, South America, and MEA
|
|
Performing market
contribution
|
Europe at
34%
|
|
Key consumer
countries
|
US, UK, Canada,
Italy, and China
|
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
|
Companies
profiled
|
AB Electrolux,
DeLonghi Spa, Glen Dimplex Group, Hamilton Beach Brands Holding
Co., Keurig Dr Pepper Inc., Koninklijke Philips NV,
Melitta Group, Nestle SA, Newell Brands Inc., and Panasonic
Corp.
|
|
Market
Dynamics
|
Parent market
analysis, Market growth inducers and obstacles, Fast-growing and
slow-growing segment analysis, COVID-19 impact and future consumer
dynamics, market condition analysis for the forecast
period,
|
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
About Technavio
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