What is Global Espresso Machines Market?
The Global Espresso Machines Market is a comprehensive study of the various aspects influencing the growth of this industry. It encompasses the production, consumption, and sales of espresso machines on a global scale. Espresso machines are specialized appliances used to brew espresso, a type of coffee that originated in Italy. These machines work by forcing pressurized hot water through finely-ground coffee beans, resulting in a concentrated form of coffee known as espresso. The market for these machines is vast and varied, with different types of machines catering to different consumer needs and preferences. The market includes both commercial and household machines, with different models designed for different levels of usage and expertise. The Global Espresso Machines Market study provides an in-depth analysis of the current market scenario, trends, drivers, and challenges that can influence the growth of the market during the forecast period.
Manually and Semi-automatic, Fully-automatic in the Global Espresso Machines Market:
The Global Espresso Machines Market is segmented into manually operated, semi-automatic, and fully-automatic machines. Manual espresso machines require the user to manually pump the water through the coffee grounds. These machines are often preferred by coffee connoisseurs who enjoy the process of making espresso. Semi-automatic machines automate the process of water heating and pumping, but still require the user to manually grind the coffee and tamp it into the portafilter. Fully-automatic machines automate the entire process, from grinding the coffee to tamping it and pumping the water. These machines are popular in commercial settings where speed and consistency are crucial. The choice between manual, semi-automatic, and fully-automatic machines often depends on the user's level of expertise, the amount of time they are willing to invest in making espresso, and their budget.
Individual and Household, Commercial in the Global Espresso Machines Market:
The usage of espresso machines varies greatly between individual and household use and commercial use. For individuals and households, an espresso machine can be a luxury item that allows them to enjoy high-quality coffee at home. These machines can range from simple and affordable models to high-end machines with advanced features. On the other hand, commercial use of espresso machines is common in cafes, restaurants, and other foodservice establishments. These machines are typically larger and more robust, designed to handle high volumes of coffee production. They often come with multiple group heads to allow for the simultaneous brewing of multiple shots of espresso, and may also include features like built-in grinders, automatic milk frothers, and programmable settings.
Global Espresso Machines Market Outlook:
The Global Espresso Machines Market was valued at US$ 3256.4 million in 2022. It is projected to reach a value of US$ 4920 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.0% from 2023 to 2029. The market is dominated by Europe, with the top five manufacturers in the region holding over 80% of the market share. Germany is the largest individual market, accounting for over 20% of the total market. In terms of product types, fully-automatic espresso machines are the most popular, making up over 60% of the market.
Report Metric | Details |
Report Name | Espresso Machines Market |
Accounted market size in 2022 | US$ 3256.4 in million |
Forecasted market size in 2029 | US$ 4920 million |
CAGR | 6.0% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | DeLonghi, Jura, Philips(Saeco), La Marzocco, Nespresso, Gruppo Cimbali, Nuova Simonelli, Melitta, Ali Group (Rancilio), Illy, Bosch, Simens, Mr. Coffee (Newell Brands), Krups (Groupe SEB), Ascaso, Dalla Corte, Hamilton Beach, ECM Manufacture GmbH, La Pavoni, Sage Appliances, Profitec |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |