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The market, with prominent players, such as Nestlé SA, Newell Brands, Panasonic Corporation and Robert Bosch GmbH holds a market share of ~5-10%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.
Major players operating in the automatic coffee machine industry include:
The global automatic coffee machine industry was valued at USD 4.4 billion in 2023 and is anticipated to register a CAGR of over 6.1% between 2024 and 2032, driven by the growing caf
The drip filter coffee machine market dominated with USD 2.5 billion in 2023 and is expected to grow at a CAGR of 5.7% during the forecast period from 2024 to 2032 due to the reusability of their components, including filters and cones.
North America's automatic coffee machine industry recorded USD 1.2 billion in 2023 and is expected to grow at a CAGR of 6.3% from 2024 to 2032, driven by a well-established coffee culture, high disposable incomes, and a strong preference for convenience among consumers.
Key players in the industry include Bosch, Breville, De'Longhi, Electrolux, Hamilton Beach, Jura, and Keurig Dr. Pepper.