Coffee Machine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
|出版商||Mordor Intelligence Pvt Ltd||商品編碼||1008469|
|出版日期||內容資訊||英文 155 Pages
|咖啡機市場-增長、趨勢、COVID-19 的影響和預測（2021-2026） Coffee Machine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)|
|出版日期: 2021年05月13日||內容資訊: 英文 155 Pages||
市場上不同類型咖啡機的可用性、技術的進步以及對自動咖啡機需求的顯著增加也推動了咖啡機市場的增長。具有藍牙或 Wi-Fi 連接功能的智能咖啡機是全球咖啡機市場的最新趨勢。這些智能咖啡機可以通過智能手機訪問，用戶可以在家裡的任何地方控制它，甚至可以從智能手機執行命令。 人們越來越意識到咖啡因過量的負面影響，預計將限制咖啡機市場的增長，而高昂的維護成本可能會阻礙全球咖啡機市場的發展。
The global coffee machines market is expected grow from USD 5.11 billion in 2020 to USD 6.36 billion in 2026 CAGR of more than 4.5% during the period 2021-2026.
COVID-19 has negatively impacted on coffee machines market due to restrictions on manufacturing activities and supply chain. The lockdown in China has forced coffee machine manufacturers based in the US and Europe to temporarily hold the production as it exports several input supplies. The expansion of commercial infrastructure and mushrooming offices will guarantee growth despite temporary lull experienced during COVID-19 outbreak.
The coffee industry has been evolving in terms of innovations, new launches, and demand. 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 growing popularity of instant non-alcoholic beverages such as coffee in restaurants, office cafeterias propel the growth of the coffee machines market. The coffee machines reduce the time and effort required in preparing a cup of coffee when used in coffeehouses, and office cafeterias. Increasing need of non-alcoholic beverages drinks among millennials, consumer awareness towards low sugar and non-alcoholic drinks, busy work schedules and changing consumer taste are a few of the reasons that has attributed towards the rise in the popularity of instant non-alcoholic beverages such as coffee. Due to increasing demand for coffee, the coffee provider companies are investing in appropriate equipment and innovating ways such as coffee capsules to offer better tasting coffee as more profitable options. 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, is thus increasing the growth of the coffee machines market. here are various factors driving the global coffee machines market. Ease of use and consistent brewing results are some of the major factors responsible for growing demand for coffee machines globally. Continuously growing consumption of coffee in various regions of the world, rising disposable income, growing youth population, and the working class are propelling the demand for coffee machines. The demand for coffee machines is increasing rapidly owing to the expansion of coffee culture or the expansion of coffee shops and capsule systems. Various types of coffee machines are available in the market, boosting the global coffee machines market. Technological advancement is also driving the global coffee machines market. Demand for automatic coffee machines is increasing significantly, thereby boosting the growth of the coffee machines market. Smart coffee machines with Bluetooth or Wi-Fi connectivity are the recent trend in the global coffee machines market. These smart coffee machines can be accessed through smartphones and users can control it from anywhere inside the house and can also provide commands from a smartphone. Increasing awareness on adverse effects of excessive consumption of caffeine is expected to limit the growth of the coffee machines market and high maintenance cost may hamper the global coffee machines market.
Surge in Coffee Drinking Population to Benefit Global Market
The dramatic growth in the coffee drinking population worldwide and the mounting popularity of specialty coffees has led to significant market expansion in recent years. The commercial sector's strong growth, especially in developing countries has also been favorable for the coffee machines industry. The emergence of the food service industry as a key end-user and the surging number of offices with kitchenettes could also foster the sales of advanced coffee machines in the following years. Players are majorly focusing on integrating various technological features in coffee machines, which can further widen the market's growth scope over the coming years. The escalating need for coffee machines with pre-grinding and pre-infusion features among consumers is likely to give rise to new growth avenues in the global industry during the review timeframe.
Asia Pacific Market to Grow at Accelerated Pace.
Asia-Pacific ranks as the fastest growing market with a significant growth rate over the forecast period, led by rapid urbanization and the expanding middle-income population base. The Asia Pacific region is anticipated to dominate the market over the forecast period owing to the increasing population, technological advancements, increasing disposable income, and growing number of workplaces. The rising disposable income, growing youth population, and the working class are propelling the demand for coffee machines in the countries like China, India, and Japan. The demand for coffee machines is increasing rapidly owing to the expansion of coffee culture or the expansion of coffee shops and capsule systemsin the Asia-Pacific region. The mounting number of cafes, restaurants, hotels, homes and companies, and the rising spending capacity of consumers in the region also add to the market value.
The report covers major international players operating in the Coffee Machine Market. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.