Coffee Maker Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to coffee maker market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Coffee Maker Market News

  • In February 2023, De'Longhi Group, an Italian appliance manufacturer, announced the acquisition of WMF Group, a German coffee maker brand. The acquisition was valued at €1.6 billion and strengthened De’Longhi’s position in the European coffee maker market.
  • Keurig Dr Pepper, in March 2023 announced that it had acquired Senseo, a Dutch coffee machine brand. Keurig expanded its reach in the European region with this acquisition which was done at €1.3 billion and the company also gained access to Senseo’s coffee pod technology as well.
  • In April 2023, JDE Peet's, an American-Dutch organization, announced the acquisition of Mr. Coffee, a Canadian coffee machine brand to help expand its coffee machine product portfolio in the North American region.

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FAQs

Global Coffee Maker Market size was valued at USD 6.72 billion in 2023 and is poised to grow from USD 7.04 billion in 2024 to USD 10.16 billion by 2032, growing at a CAGR of 4.7% during the forecast period (2025-2032).

From newcomers to established market players, all companies are vying to improve their sales share in the global coffee maker marketplace. Single-serve machines, drip coffee makers, and espresso machines are projected to emerge as some of the best-selling coffee maker products for most market players around the world. coffee maker manufacturers are focusing on incorporating smart connectivity, eco-friendly designs, and professional brewing features to attract new customers and boost sales in the long run. coffee maker companies can penetrate and win over the market by offering premium as well as affordable coffee makers until they get their target audience right. Rising number of cafes and growing coffee culture on a global level are also projected to create lucrative opportunities for commercial coffee makers in the future. Evolving consumer preferences and growing demand for customized brewing machines are also forecasted to offer a good growth scope for coffee maker market players going forward. However, competitive pricing is what could significantly shake up the competitive landscape of the global coffee maker marketplace. 'Breville Group Limited (Australia) ', 'De'Longhi S.p.A. (Italy) ', 'Keurig Dr Pepper Inc. (United States) ', 'Nestlé S.A. (Switzerland) ', 'Koninklijke Philips N.V. (Netherlands) ', 'Panasonic Corporation (Japan) ', 'Hamilton Beach Brands Holding Company (United States) ', 'JURA Elektroapparate AG (Switzerland) ', 'Spectrum Brands Holdings, Inc. (United States) ', 'Newell Brands Inc. (United States) ', 'Beko plc (United Kingdom) ', 'Morphy Richards (United Kingdom) ', 'Smeg S.p.A. (Italy) ', 'Groupe SEB (France) ', 'Electrolux AB (Sweden) ', 'Sunbeam Products, Inc. (United States) ', 'Krups GmbH (Germany) ', 'Melitta Group (Germany) ', 'Tchibo GmbH (Germany) ', 'Dualit Limited (United Kingdom)'

Increasing consumption of coffee in different parts of the world owing to globalization and rising awareness regarding the benefits of coffee. Growing availability of specialty coffee around the world is also a factor that is boosting coffee consumption thereby driving coffee maker sales.

Smart Coffee Makers: Smart coffee makers have not been around for long but they are catching on in the marketplace and this is why coffee maker companies are focusing on incorporating smart features into their products. Coffee makers that can connect to smartphones, do remote brewing, and work through virtual assistants are projected to be high in demand over the coming years and this is why companies should focus on integrating advanced technologies in their products.

North America held a dominant position in terms of coffee maker sales and accounted for 29.5% of the global market share in 2022. The significant market share of this region can be linked to the high consumption of coffee in the region with the United States leading coffee maker sales. Canada and Mexico are also slated to emerge as opportune markets in North America going forward. Europe held the second largest market share, accounting for 27.3% of the global coffee maker demand in 2022. The presence of an established coffee culture, the high availability of specialty coffee beans, and the rising popularity of takeaway coffee are factors that drive growth in Europe.. Germany, Italy, and France are slated to emerge as the leading markets for coffee makers in Europe.

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Global Coffee Maker Market
Coffee Maker Market

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