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Coffee Machines Market Share

Report ID: GMI6072
Published Date: Nov 2024
Report Format: PDF

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Coffee Machines Market Share

In 2023, key companies like Nespresso, Breville, Bosch, Saeco, De'Longhi, Gaggia, Hamilton Beach Brands and Illycaffè held a combined market share of 5%-10%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.

Coffee Machines Market Companies

Major players operating in the coffee machines industry are:

AEG
Bosch
Breville Group
De'Longhi
Gaggia
Hamilton Beach Brands
Illycaffè
JURA Elektroapparate
Keurig Dr Pepper
La Marzocco
Melitta Group
Nespresso
Rancilio Group
Saeco
Tchibo

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global coffee machines industry was valued at USD 6.6 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032, driven by shifting consumer preferences and technological innovations.

The drip coffee makers segment recorded around USD 3 billion in 2023 and is expected to grow at a CAGR of around 5.8% from 2024 to 2032 due to their affordability and ease of use, appealing to budget-conscious consumers.

The U.S. dominates with an overall market share of around 82% in the North America coffee machines industry, driven by a shift towards specialty coffee among millennials and Gen Z.

Key players in the industry include AEG, Bosch, Breville Group, De'Longhi, Gaggia, Hamilton Beach Brands, Illycaff