bean-to-cup-coffee-machines-market

Bean To Cup Coffee Machines Market By Machine (Automatic, Semi-Automatic, Manual), By Sales Channel (Online Retail, Direct Retail), By End-User (Residential, Cafes, Retail Outlets, Hotels, Campuses, Airports and Others) - Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

03 Jan 2021 Format PDF icon PPT icon XLS icon Request Sample

Industry Outlook

Rapidly flourishing cultures of cafés and coffee boutiques stimulated bean to cup coffee machines market to register market value of US$ 1,896.5 Mn in 2021. However, with the onset of the COVID-19 pandemic, a large number of cafes, hotels, campuses and airports witnessed a significant decline in the footfall due to lockdown restrictions. In addition, numerous commercial retail outlets along with various corporate and educational campuses were shut in order to curb the spread of the virus. Thereby, the overall bean to cup coffee machines market took a hit in 2020. However, with relaxing lockdown restrictions along with resumption of economic activities, the market is expected to surge back from 2021. One of prominent factors driving the market is the need to eliminate the presence of human barista to avoid spread of infections. Thereby, the demand for automatic bean to cup coffee machines is expected to witness significant growth in the following years.

Automatic Bean to Cup Coffee Machines are and will be the Leading the Market

Semiautomatic bean to cup coffee machines is losing their market share to automatic variants making them the most dominant in the overall market. The freedom from tedious processes of grounding, filtering and brewing coffee offered by automatic bean to cup coffee machines let the segment to dominate in terms of market value. Automatic bean to cup coffee machines facilitates easy usage and avoids wastage at each stage of preparation from roasting, grinding and brewing. Consequently, are extensively being used in hotels, restaurants, and cafés as they are capable of making large quantity of coffee easily and economically. However, such machines are not preferred for residential end-user since automatic bean to cup coffee machines are expensive compared to its semiautomatic and manual variants. Manual bean to cup coffee machines have the least market share among others and are used rarely by residential and vintage coffee bars worldwide. 

Online Retail to Pose Challenge for Direct Retail Bean to Cup Coffee Machines Market

At present direct retail for bean to cup coffee machines are the most preferred sales channel for consumers. Consumers often choose to look, feel and understand the coffee machine before investing their money in their everyday coffee. Owing to this, direct retail sales channel leads the market in terms of market value in 2019. However, the scenario expected not to remain same for very long as consumers are gradually shifting from direct retail to online. Online retail for bean to cup coffee machines market is growing perpetually and soon to overgrow over direct retail market during the forecast period from 2023 to 2030. 

Restaurants, Hotels & Cafés Projected to Maintain their Supremacy for Years to Come

Procuring a bean to cup coffee machines by commercial restaurants and eateries to serve their customers fresh cup of coffee is the most vital factors for the segment to grow and continue their dominance over residential and corporate offices segment in coming years. As these machines are expensive to procure, run and maintain, such machines are mostly procured by hotels restaurants and café compared to corporate offices and residential end-users. Growing café culture and growing craze of bean to cup coffee projected to help the segment as the most lucrative segment to look for in coming years. 

North America Led the Global Bean to Cup Coffee Machines Market in 2021

North America led the global bean to cup coffee machines market in terms of market value in 2021. The U.S. is famous for their coffee love and ranked as the top country for consuming coffee. People here prefer to start their day with a cup of coffee and desire fresh coffee as part of their breakfast. This encouraged the sales of bean to cup coffee machines market in North America. Asia Pacific is the fastest growing market, thanks to the huge number of youth turning towards fresh coffee as their favorite beverage. In addition, growing café culture and coffee salons is stimulating the market growth for bean to cup coffee machines market to grow in Asia Pacific.

Lucrative Bean to Cup Coffee Machines Market Attracting Consumer Goods Manufacturers to try their Hands-on

Bean to cup coffee machine market is characterized by some of the most notable players in consumer goods industry and hence, the market is quite fierce in terms of competition. The companies realized the growing demand for freshly grounded coffee among coffee lovers. Consequently, companies have dedicated themselves to designing new and advanced coffee machines capable of catering the needs of different end-users including residential, commercial and corporate offices. Big consumer goods companies are directly facing competition from companies who have dedicated themselves to manufacturing coffee machines and associated products only. Such companies have strong market presence from a long time and developed expertise in manufacturing coffee machines. This often encourages coffee lovers to incline towards specialist companies. Some of the most prominent and notable players from bean to cup coffee machines market profiled in this research study includes Jura Elektroapparate AG, De'Longhi S.p.A, Krups, Robert Bosch GmbH, Electrolux AB, Panasonic Corporation, Siemens AG, Koninklijke Philips N.V., Melitta, Nestle Nespresso S.A., Schaerer Ltd., Gaggia, Russell Hobbs, and Smeg among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bean To Cup Coffee Machines market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Bean To Cup Coffee Machines market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Machine
  • Automatic
  • Semi-automatic
  • Manual

Sales Channel
  • Online Retail
  • Direct Retail

End-user
  • Residential
  • Restaurants, Hotels & Cafés
  • Corporate Offices

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Bean To Cup Coffee Machines market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Bean To Cup Coffee Machines market?
  • Which is the largest regional market for Bean To Cup Coffee Machines market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Bean To Cup Coffee Machines market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Bean To Cup Coffee Machines market worldwide?
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