Coffee Machine Market Share

European Market Forecasts

The coffee machine market in the Europe region is set to hold the highest share of 35% by the end of 2037. One of the main drivers for market growth is coffee consumption in this part of the world. There is an increase in sales of products as a result of the presence of many commercial and office buildings. The demand for coffee machine in the region is likely to be driven by large imports of green coffee beans and increasing demand for espresso blended drinks. In addition, the sector for espresso machine in Europe accounts for about 185,000 units sold each year.  Additionally, demand for specialty coffee, growing penetration of ready-to-use pod coffee and increasing technological advancement are driving the expansion of the market.

APAC Market Statistics

The coffee machine market in the Asia Pacific region is predicted to grow significantly during the forecast period. Rapid urbanization and the growing middle-income population are key drivers for this growth in the region. The Asia Pacific region is expected to become the world's largest market in coming years, due to its increasing population, technology advances, rising income levels, and a growing number of workers. In countries such as China, India, and Japan the demand for coffee machine is driven by factors such as an increasing number of young consumers and growing working classes. With a growing number of coffee shops and the popularity of capsule systems, which contribute to increasing demand for coffee machine, this region's café culture is being expanded. Moreover, the market value in this region is further boosted by an increasing number of cafés, restaurants, hotels, homes and businesses as well as a growing consumer spending capacity.