What is Coffee Shop Market?
Coffee shop is also called café is an establishment that primarily serves coffee. It may also serve food such as light snacks, sandwiches, muffins or pastries. Coffeehouses range from owner-operated small businesses to large multinational corporations. They aim to establish a balance between meeting the universal desires of patrons, such as comfort and privacy, and accounting for individual differences in user needs, such as independent workspaces.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Starbucks (United States), Costa Coffee (United Kingdom), McCafe (United States), Doutor Coffee (Japan), Coffee Bean & Tea Leaf (United States), Caffe Nero (United Kingdom), Tullys Coffee (United States), Ediya Espresso (South Korea), Caribou Coffee (United States) and Gloria Jeans Coffees (Ireland) |
CAGR | % |
The market study is being classified by Type (Student café, Co working café, Persian café, Sidewalk café and Others), by Application (Restaurant, Corporate and Others) and major geographies with country level break-up.
Starbucks (United States), Costa Coffee (United Kingdom), McCafe (United States), Doutor Coffee (Japan), Coffee Bean & Tea Leaf (United States), Caffe Nero (United Kingdom), Tullys Coffee (United States), Ediya Espresso (South Korea), Caribou Coffee (United States) and Gloria Jeans Coffees (Ireland) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Coffee Shop market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Coffee Shop market by Type, Application and Region.
On the basis of geography, the market of Coffee Shop has been segmented into 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Urbanisation in Developing Economies
- Increased Consumption of Coffee Among People
Market Trend
- Adoption of Coffee Shops in Corporate
- Development of New Urban Centres
Restraints
- Availability of Alternative Beverages
Opportunities
- Increasing Disposable Income
- Changing Lifestyle of People
- Increasing Travel and Tourism Market
Challenges
- High Costs of Coffee in Premium Cafes
Key Target Audience
Coffee shops, Enterprises, Government associations, Research organisations and Others