European Coffee Machine Market Is Predicted To Be Valued At US$ 8.2 Billion By The End Of 2032
Europe Coffee Machine Market Outlook (2022-2032)
The European coffee machine market is predicted to be valued at US$ 8.2 billion by the end of 2032 registering impressive growth at 6.7% CAGR over the 2022-2032 assessment period. As such, coffee machine sales across Europe are poised to generate US$ 3.9 billion in terms of absolute dollar opportunity over the forecast period.
The market is expected to grow due to rising coffee-drinking consumers in Europe along with the incorporation of advanced features and functions in coffee machines, making them easier to operate. Rapidly rising application of coffee machines is being seen in restaurants, educational institutions, hospitals, etc.
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Segmentation of Europe Coffee Machine Industry Survey
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Europe Coffee Machine Market by Type :
- Drip Coffee Machines
- Steam Coffee Machines
- Capsule Coffee Machines
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Europe Coffee Machine Market by Price Point :
- Less Than US$ 2,000 Coffee Machines
- US$ 2,000-4,000 Coffee Machines
- US$ 4,000-6,000 Coffee Machines
- Above US$ 6,000 Coffee Machines
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Europe Coffee Machine Market by Buyer Category :
- Quick-Service Restaurants
- Fast Food Restaurant
- Cafeteria
- Carryout Restaurants
- Full-Service Restaurants
- Fine-Dining Restaurants
- Casual Dining Restaurants
- Hotel and Club Foodservice
- Resorts
- Households
- Institutions
- Educational Institutions
- Hospitals
- Commercial Spaces
- Others
- Quick-Service Restaurants
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Europe Coffee Machine Market by Sales Channel :
- Offline Sales
- Modern Trade Channels
- Retailers
- Franchised Stores
- Local Stores
- Others
- Online Sales
- Company/Brand Websites
- e-Commerce Platforms
- Offline Sales
-
Europe Coffee Machine Market by Country :
- Germany
- Italy
- France
- Spain
- U.K.
- NORDICS
- BENELUX
- Rest of Europe
Competitive Landscape: Top Companies in Coffee Machine Market
To fulfill the growing demand for coffee-making systems, prominent manufacturers in the European coffee machine market are expanding their production facilities and are also investing in the development of innovative coffee machines.
They are also introducing special coffee machines that are equipped with new additions, which are being welcomed by consumers. Launching automatic coffee machines coupled with the provision of customized solutions by key players in the market are also some of the factors aiding market growth.
- Nestle Nespresso S.A., in 2020, launched new touchless and low touch functionalities to its Nespresso momento range, ensuring safer coffee moments. This innovative touchless technology has increased safety measures and sanitary precautions while enabling employees to maintain social interactions. It allows for a remote control solution, which enables consumers to control the machine from their mobile phones.
- Koninklijke Philips N.V. launched a new range of innovative coffee machines in 2019. These automated espresso machines can be operated at the touch of a button.
Fact.MR has provided detailed information about the price points of key manufacturers of coffee machines positioned across countries in Europe, sales growth, production capacity, and speculative technological expansion, in the recently published report.
