Capsule Coffee Machine Market Share, Analysis, Revenue, Price, Growth, Forecast To 2027
Market Highlights
The Global Capsule Coffee
Machine Market is estimated to be valued at USD 8,261.4 Million by 2025 and is
expected to register a CAGR of 7.86% during the forecast
period. Capsule coffee machines brew coffee by forcing heated water
through a small container of ground coffee which is shrink-wrapped in a capsule
or a pod. Capsule coffee machines are also known as pod filter machines. These machines are convenient as they reduce
preparation time and are cost-effective in the long term.
North America was the largest market
for capsule coffee machines in 2018 and the regional market is
expected to maintain its dominance during the review period. Europe held a
significant market share and was the second-largest market for capsule coffee
machines in 2018. In Europe, the market in Russia is projected to
exhibit the highest growth rate of 8.21% during the forecast
period. However, the Asia-Pacific market is projected to register the highest
CAGR during the forecast period. Increasing demand for coffee machines in
tier-1 and tier-2 cities and rising per capita disposable incomes in countries
such as China, India, and Japan are expected to drive market growth in the
region.
The increasing consumption of coffee
across the globe is driving the growth of the capsule coffee machine market.
The growing working population, busy lifestyles, and inclination toward
convenience products are positively impacting the growth of the global capsule
coffee machine market. Moreover, capsule coffee machines are eco-friendly as
they have an automatic power-off function which limits power consumption. Owing
to such benefits, the demand for these machines is increasing in small offices,
cafés, households, schools and colleges, retail stores, hotels, and other
places providing high-quality coffee.
Segmental Analysis
The global capsule
coffee machine market share has been segmented on the basis of type,
application, and region.
By type, the market has been divided
into closed-source system and open-source system. The closed-source system segment accounted for the larger market share.
In this system, the manufacturer or supplier of the machine also provides the
capsules and no other capsules can be used in the machine. Closed-source
capsule coffee machines are favored by brand-loyal customers who prefer a
particular brand of coffee. However, open-source systems reduce consumer
dependency on the manufacturer for the supply of capsules, resulting in the
higher projected CAGR of the segment during the forecast
period.
Based on application, the global
capsule coffee machine market has been classified as household and commercial.
The household segment accounted for the larger market share in 2018;
it is expected to maintain its dominance during the review period due to the
increasing consumption of coffee in emerging economies. The commercial segment
is projected to register a significant growth rate with the increasing number
of restaurants and cafés.
Market Players
Market Research Future recognizes Nestlé S.A. (Switzerland), Jacobs Douwe Egberts B.V. (Netherlands),
Keurig Dr Pepper, Inc. (US), Kraft Heinz Company (US), Illycaffè S.p.A.
(Italy), Luigi Lavazza S.p.A. (Italy), Dualit Limited (UK), Bradshaw Home, Inc.
(US), Ningbo Aaa Group Electric Appliance Co. Ltd. (China), Pacific Coffee Co.
Ltd (Hong Kong) and Starbucks Corporation (US) as
the key players in the global capsule coffee machine
market.
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Regional Analysis
Geographically, the global
capsule coffee machine market has been segmented into North
America, Europe, Asia-Pacific, Central & South America, and the Middle East
& Africa. As per MRFR analysis, North America dominated the market,
accounting for the largest share of the market in 2018. However,
the market in Asia-Pacific is expected to register the highest CAGR of
8.55% during the assessment period. The European market accounted
for the second-largest market share in 2018. The market in Europe is estimated
to reach USD 2,297.5 Million by the end of 2025, with Germany being
the leading market.
Key Findings of the Study:
- The Global Capsule Coffee Machine Market is projected to
reach USD 8,261.4 million by 2025 at a 86% CAGR during
the review period of 2019 to 2025.
- North America accounted for the largest market share in 2018,
with the US being the major contributor to the growth of the regional
market.
- The household segment is projected to dominate the global capsule
coffee machine market, by type, during the forecast
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Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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