Europe Coffee Machine Market Growth, Trends, Size, Revenue, Share, Demand and Future Outlook
Europe Coffee Machine Market Size- By Type, By Category, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2023 | Report ID: FMCG23148 | Pages: 1 - 155 | Formats*: |
| Category : Consumer & Retail | |||
Europe Coffee Machine Market Introduction and Overview
According to SPER Market Research, the Europe Coffee Machine Market is estimated to reach USD 8.69 billion by 2033 with a CAGR of 5.95%.
The report includes an in-depth analysis of the Europe Coffee Machine Market, including market size and trends, product mix, distribution channels, and supplier analysis. A coffee machine is an adaptable and practical device that meets the various tastes of coffee drinkers by brewing and dispensing coffee. These devices, which are commonly found in both residential and commercial settings, automate the process of brewing coffee, doing away with the need for manual labor. There are many different kinds of coffee makers, such as pod-based systems, espresso machines, and drip coffee makers. While espresso machines press hot water through finely ground coffee under pressure to produce a strong, concentrated coffee known as espresso, drip coffee makers work by dripping water over ground coffee. Pre-packaged coffee capsules or pods are used in pod-based systems, which streamline the brewing process and provide a variety of flavors.
- Nestle Nespresso S.A. introduced new touchless and low touch functionalities to its Nespresso momento line, ensuring safer coffee experiences. Touchless technology has increased safety and sanitary precautions while allowing employees to maintain social interactions. It enables a remote control solution, allowing customers to control the machine to their mobile phones.
Market Opportunities and ChallengesOpportunities: The expanding coffee culture in European nations, where customers are beginning to value specialty and premium coffee, presents one major opportunity. The demand for advanced coffee makers that can brew different coffee styles, like espresso, cappuccino, and latte, is being driven by this trend. Single-serve and customizable coffee makers are benefiting from the rise in remote and home-based working lifestyles. Moreover, the European focus on eco-friendliness and sustainability creates opportunities for coffee makers that prioritize energy conservation and recyclable materials.
Challenges: To stay ahead in the fierce competition among manufacturers, one must constantly innovate. Individuals' purchasing decisions can be influenced by economic uncertainties and shifts in consumer spending patterns, which can have an overall negative impact on market growth. In addition, market participants face difficulties with respect to compliance and product certification due to Europe's strict regulatory standards and certification requirements for electrical appliances. Continuous disruptions to the global supply chain and variations in the cost of raw materials can affect manufacturing costs, which in turn can affect the price of products.
Market Competitive Landscape
Europe Coffee Machine Market is highly consolidated. The major players in the market are Electrolux AB, illycaffè S.p.A., Koninklijke Philips N.V., Krups GmBH (Groupe SEB), Morphy Richards, Nestlé S.A, Panasonic Corporation, Robert Bosch GmbH, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Category, By End User |
| Regions covered | Central Region, Southern Region, Northern Region |
| Companies Covered | Electrolux AB, illycaffè S.p.A., Koninklijke Philips N.V., Krups GmBH (Groupe SEB), Morphy Richards, Nestlé S.A, Panasonic Corporation, Robert Bosch GmbH, Others. |
COVID-19 Impact on Europe Coffee Machine Market
In Europe, the COVID-19 pandemic had a major effect on the coffee machine market. For businesses in this industry, the pandemic's widespread lockdowns, travel restrictions, and alterations in consumer behavior presented both opportunities and challenges. On the one hand, the need for commercial coffee makers decreased as a result of the closing of offices, hotels, and non-essential retail stores. On the other hand, as people tried to recreate the café experience at home, the rise in stay-at-home and remote working practices led to a rise in the demand for home coffee makers.
Key Target Audience:
- Home Consumers
- Commercial Establishments:
- Cafés, coffee shops
- Office Spaces
- Retail Consumers
- Coffee Roasters and Suppliers
Our in-depth analysis of the Europe Coffee Machine Market includes the following segments:
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| By Category: |
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| By End-User: |
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Key Topics Covered in the Report:
- Europe Coffee Machine Market Size (FY’2023-FY’2033)
- Overview of Europe Coffee Machine Market
- Segmentation of Europe Coffee Machine Market By Type (Filter Coffee Machines, Espresso Coffee Machines, Capsule and Pod Coffee Machines, Others)
- Segmentation of Europe Coffee Machine Market By Category (Manual, Automatic and Semi-Automatic)
- Segmentation of Europe Coffee Machine Market By End-User (Residential, Non- Residential)
- Statistical Snap of Europe Coffee Machine Market
- Expansion Analysis of Europe Coffee Machine Market
- Problems and Obstacles in Europe Coffee Machine Market
- Competitive Landscape in the Europe Coffee Machine Market
- Impact of COVID-19 and Demonetization on Europe Coffee Machine Market
- Details on Current Investment in Europe Coffee Machine Market
- Competitive Analysis of Europe Coffee Machine Market
- Prominent Players in the Europe Coffee Machine Market
- SWOT Analysis of Europe Coffee Machine Market
- Europe Coffee Machine Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Coffee Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Coffee Machine Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Coffee Machine Market
7. Europe Coffee Machine Market, By Type (USD Million)
7.1. Europe Coffee Machine Market Value Share and Forecast, By Type, 2023-20337.2. Filter Coffee Machines7.3. Espresso Coffee Machines7.4. Capsule and Pod Coffee Machines7.5. Others
8. Europe Coffee Machine Market, By Category (USD Million)
8.1. Europe Coffee Machine Market Value Share and Forecast, By Category, 2023-20338.2. Manual8.3. Automatic and Semi-Automatic
9. Europe Coffee Machine Market, By End-User (USD Million)
9.1. Europe Coffee Machine Market Value Share and Forecast, By End-User, 2023-20339.2. Residential9.3. Non- Residential
10. Europe Coffee Machine Market Forecast, 2019-2033 (USD Million)
10.1. Europe Coffee Machine Market Size and Market Share
11. Europe Coffee Machine Market, By Type, 2019-2033 (USD Million)
11.1. Europe Coffee Machine Market Size and Market Share By Type (2019-2026)11.2. Europe Coffee Machine Market Size and Market Share By Type (2027-2033)
12. Europe Coffee Machine Market, By Category, 2019-2033 (USD Million)
12.1. Europe Coffee Machine Market Size and Market Share By Category (2019-2026)12.2. Europe Coffee Machine Market Size and Market Share By Category (2027-2033)
13. Europe Coffee Machine Market, By End-User, 2019-2033 (USD Million)
13.1. Europe Coffee Machine Market Size and Market Share By End-User (2019-2026)13.2. Europe Coffee Machine Market Size and Market Share By End-User (2027-2033)
14. Europe Coffee Machine Market, By Region, 2019-2033 (USD Million)
14.1. Europe Coffee Machine Market Size and Market Share By Region (2019-2026)14.2. Europe Coffee Machine Market Size and Market Share By Region (2027-2033)14.3. Germany14.4. France14.5. U.K.14.6. Denmark14.7. Norway14.8. Sweden14.9. Rest of Europe
15. Company Profile
15.1. Electrolux AB
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. illycaffè S.p.A.
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Koninklijke Philips N.V.
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Krups GmBH (Groupe SEB)
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Morphy Richards
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Nestlé S.A
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Panasonic Corporation
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Robert Bosch GmbH
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Coffee Machine Market is projected to reach USD 8.69billion by 2033, growing at a CAGR of 5.95% during the forecast period.
Europe Coffee Machine Market from 2022. The Market is expected to reach USD8.69 billion by 2033, at a CAGR of 5.95% during the forecast period.
Europe Coffee Machine Market CAGR of 5.95% during the forecast period.
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Europe Coffee Machine Market size is USD8.69 billion from 2023 to 2033.
Europe Coffee Machine Market is covered By Type, By Category, By End User .
The Europe is anticipated to have the highest market share in the Europe Coffee Machine Market.
The key players in the market include Companies Covered Electrolux AB, illycaffè S.p.A., Koninklijke Philips N.V., Krups GmBH (Groupe SEB), Morphy Richards, Nestlé S.A, Panasonic Corporation, Robert Bosch GmbH, Others.
Nestle Nespresso S.A. introduced new touchless and low touch functionalities to its Nespresso momento line, ensuring safer coffee experiences.
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