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Pressure Coffee Machines Market Share
Prominent players including Koninklijke Philips N.V., Breville, and Russel Hobbs accounted for over 30% market share in 2023. These players are proactively involved in strategic endeavors, such as mergers & and acquisitions, facility expansion, and collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to R&D, aiming to enhance their designs and integrate cutting-edge technologies, thereby ensuring that they maintain a competitive edge.
Pressure Coffee Machines Market Companies
Major players operating in the pressure coffee machines industry include:
- AGARO
- BLACK+DECKER
- Breville
- BRIM
- Continental
- ECM GmbH
- GEVI
- Honica Technology Co., Ltd.
- Koninklijke Philips N.V.
- Miele
- Russell Hobbs
- Salter
- SMEG S.p.A.
- WMF
- Wonderchef Home Appliances Pvt Ltd.
What is the size of pressure coffee machines industry?
The pressure coffee machines market was valued at USD 7 billion in 2023 and is anticipated to register a CAGR of over 4.3% between 2024 & 2032, owing to the surge in coffee consumption, along with the growing trend of specialty coffee.
Why is the use of semi-automatic pressure coffee machines growing?
The semi-automatic segment generated around USD 4 billion in 2023 and is anticipated to grow over 2024 and 2032, as they are reliable and long-lasting, requiring lesser maintenance.
Why is Europe pressure coffee machines industry expanding?
Europe dominated the pressure coffee machines market with over 31.5% revenue share in 2023, favored by growing popularity of specialty coffee and the rise of home brewing.
Who are the major contenders in pressure coffee machines industry?
AGARO, BLACK+DECKER, Breville, BRIM, Continental, ECM GmbH, GEVI, Honica Technology Co., Ltd., Koninklijke Philips N.V., Miele, Russell Hobbs, and Salter.