Application (Commercial, Residential, Hotel & Restaurants, Offices)
Based on application, the residential segment in the coffee machine market is set to hold the largest revenue share of 40% during the forecast period between 2024-2037. Over the past years, the residential use of coffee machine has grown in popularity. The volume of domestic consumption of coffee in the European Union reached 45.85 billion kg in the period from 2019-2020. bags. These machine are designed for home use, offering convenience and adaptability in the production of coffee. Drip coffee machine, espresso machine, pod coffee machine, and French presses are also available for use at home. The popularity of pod coffee machine, which are also known as single-serving coffeemakers, is growing. In order to brew one cup of coffee, they use prepackaged pods or capsules which offer convenience and simplicity. Although the machine are easy to use, some people feel that they do not produce coffee as well as any method of brewing. The appeal of coffee pods is diminished by the important environmental impact caused by their disposal.
Product Type (Drip/Filter, Pod/Capsule, Espresso, Bean-to-cup)
Based on product type, the pod/capsule segment is projected to account for 40% share of the global coffee machine market by the end of 2037. The middle-class population has been attracted to pods coffee machine due to the convenience offered by automated coffee machine coupled with a continuous brewing process. Due to the high environmental footprint of used coffee pods, consumers' preference for coffee pods has been tarnished. In the coming years, segment growth is likely to be stimulated by manufacturers' adoption of sustainable coffee capsules.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Parul Atri
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