Market Highlights: Coffee machine is an appliance used to brew coffee, widely used in coffee shops and canteens. Over the years, drinking coffee has evolved from being a simple dining routine to energy boosting agents. Whether it is a trend or long term practice, drinking coffee has been adopted with reflecting modern lifestyle and sophistication which has gained considerable growth around the globe. Considering the rising café culture and working millennial attraction towards coffee, the market for a coffee machine is expected to gain traction in the near future The market study is being classified by Type (Drip coffee machine, Steam coffee machine, Capsule coffee machine, Bean-to-cup coffee machines and Other coffee machine (Traditional Espresso Machines, Filter Coffee Machines, Capsule/Pod Coffee Machine)), by Application (Commercial Coffee Machine, Office Coffee machine and Household Coffee Machine) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Coffee Machines are Keurig green mountain (United States), Panasonic (Japan), Nestle nespresso (Switzerland), Jarden (United States), Delonghi (Italy), Electrolux (Sweden), Melitta (Germany), Morphy richards (U.K.), Philips (Netherlands), Hamilton beach (United States), Illy (Italy), Bosch (Germany), Krups (Germany), Jura (Switzerland), La cimbali (Italy), Zojirushi (Japan) and Schaerer (Switzerland).
Major Market Development Highlights In Feb 2018, Welbilt a leading global provider of commercial foodservice equipment acquired Swedish coffee machine manufacturer Crem international for SEK 1.8 Billion (USD 224 Million). Crem international has been manufacturing coffee machines for over 50 years and sells its product to clients such as offices, restaurant, café and coffee shops in over 80 countries. In CES 2019, the new Coffee Machine maker from Hamilton was introduced from Hamilton Beach which will accept voice commands from Alexa. The latest one, the USD79 Alexa Enabled Smart Coffee Maker (Model 49700), which will enjoy tight integration with Amazon voice assistant. and Another appliance which costs USD 89 Hamilton Beach can be connected to Wi-Fi Flex Brew which controls the brewer with the HB connects mobile app.
Key Questions Answered in the Report What will the Coffee Machines Market size and the growth rate be in Future? What are the key factors driving the Coffee Machines Market? What are the key market trends and macro-economic impacting the growth of the Coffee Machines Market? What are the challenges to market growth? Who are the key vendors in the Coffee Machines Market? What are the market opportunities and threats faced by the vendors in the Coffee Machines Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Coffee Machines Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Coffee Machines market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Coffee Machines market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Global Coffee Machine Manufacturers, Global Coffee Machine Suppliers, Research Organizations and Consulting Companies, Organizations, Associations and Alliances related to Coffee Machine Manufacturing, Government Bodies such as Regulating Authorities and Policymakers., Industry Associations and Market Research and Consulting Firms. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.