Europe Coffee Machines Market, By Product Type (Drip/Filter Coffee Machines, Espresso Coffee Machines and Pod/Capsule Coffee Machines), By End User (Residential Vs. Commercial), By Country, Competition Forecast & Opportunities, 2027
Europe coffee machines market is projected to grow at an impressive CAGR in the forecast period owing to the exponential growth of coffee drinking population. The young population of the region is extremely busy with their work-life schedule and fast lifestyle. They require their beverages and snacks instantaneously, and this demand for a quick coffee is being fulfilled by a coffee machine very easily. Thereby, the ability of coffee machines to make coffee quickly and efficiently is driving the demand for the Europe coffee machines market.
Furthermore, increased awareness of coffee's health benefits, such as the reduced risk of type 2 diabetes, liver cancer, and liver diseases, and protection against heart failure is fueling the consumption rate of coffee.
Non-alcoholic beverages are gaining popularity in restaurants, offices, and cafes. With the high consumption of these beverages, the market for coffee machines is growing rapidly. These machines reduce the time and effort required to getting a coffee from coffee houses or at home.
The Europe coffee machines market is segmented into product type, end user, country, and competitive landscape. Based on product type, the market is fragmented into drip coffee machines/filter coffee machines, espresso coffee machines, and pod coffee machines /capsule coffee machines. Due to continuous technology up-gradation in the espresso coffee machines category with many products available in the market that cater to the needs of residential as well as commercial customers, the espresso coffee machine segment is expected to continue its dominance streak in the forecast period.
The leading market players operating in Europe coffee machines market are Groupe SEB, De’Longhi S.p.A., Keurig Dr Pepper Inc., Jura Elektroapparate AG, Evoca S.p.A, Luigi Lavazza S.p.A., Koninklijke Phillips N.V, BSH Home Appliances, Rancilio Group S.p.A., Nestle’ S.A. The companies are focusing on extensive research and development activities to stay competitive in the market. Other competitive strategies include the formation of alliances and partnerships.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of Europe coffee machines market from 2017 to 2021.
- To estimate and forecast the market size of Europe coffee machines market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast Europe coffee machines market based on product type, end user, country, and competitive landscape.
- To identify dominant country or segment in the Europe coffee machines market.
- To identify drivers and challenges for Europe coffee machines market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe coffee machines market.
- To identify and analyze the profile of leading players operating in Europe coffee machines market.
- To identify key sustainable strategies adopted by market players in Europe coffee machines market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the region.
TechSci Research calculated the market size of Europe coffee machines market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Coffee machine manufacturers, end users, and other stakeholders
- Distributers and suppliers of coffee machines and other stakeholders
- Organizations, forums, and alliances related to coffee machines
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Europe coffee machines market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Europe Coffee Machines Market, By Product Type:
- Drip/Filter Coffee Machines
- Espresso Coffee Machines
- Pod/Capsule Coffee Machines
- Europe Coffee Machines Market, By End User:
- Residential
- Commercial
- Europe Coffee Machines Market, By Country:
- Germany
- France
- Spain
- Italy
- United Kingdom
- Netherlands
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Europe coffee machines market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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