Self-service coffee machines are automated beverage dispensers that allow users to prepare coffee and related drinks without the need for human assistance. These machines are widely used in commercial, corporate and public settings, providing a convenient and efficient solution for coffee consumption.
The self-service coffee machine market consists of sales by entities (organizations, sole traders and partnerships) of self-service coffee machines that cater to consumers looking for quick, consistent and customizable coffee options. Users of these machines include office employees, hotel guests, cafe patrons and individuals in transit locations such as airports and train stations. These machines are utilized throughout the day, with peak usage occurring during morning hours, lunch breaks and business meetings.
The global self-service coffee machine market was valued at $5,045.61 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 5.00%.
Rising Coffee Consumption
Rising coffee consumption drove the growth of the self-service coffee machine market during the historic period. Coffee consumption refers to consuming or drinking coffee as a beverage. Coffee is a popular beverage made from roasted coffee beans, which are the seeds of the coffee plant. Self-service coffee machines play a significant role in coffee consumption by being easily accessible, convenient, and customizable for consumers. Self-service coffee machines' ease of use, customization options, and wide availability make them popular for coffee consumption in various settings like hotels, restaurants, cafes, workplaces, and others. For instance, in March 2022, according to the NCA (National Coffee Association), a US-based trade association, 66% of Americans regularly consume coffee in 2022, more than any other beverage (including tap water), and an increase of about 14% since January 2021. Compared to 80% in January 2020, 84% of coffee consumers now report having coffee at home. Therefore, rising coffee consumption drove the growth of the self-service coffee machine market.
Smart Home Espresso Machine Revolutionizes Coffee Making
Major companies operating in the self-service coffee machine market are focused on developing innovative products such as automatic espresso machines, to enhance user convenience and improve efficiency in coffee preparation. An automatic espresso machine refers to a coffee machine that automates the process of brewing espresso, typically featuring built-in grinders, milk frothers and programmable settings to control brewing time, temperature and coffee strength. For instance, in January 2024, Bosch, a Germany based multinational engineering and technology company, launched the Bosch 800 Series Fully Automatic Espresso Machine, at CES 2024. This innovative product features advanced brewing technology, including the Aroma Max System and a user-friendly active select display, allowing users to create a wide variety of beverages from freshly ground beans with just a touch of a button. The machine also supports over 35 beverage options through its Home Connect feature, enhancing the overall user experience with remote control and diagnostics.
The global self-service coffee machine market is fairly fragmented, with large number of players operating in the market. The top ten competitors in the market made up to 19.17% of the total market in 2023.
Self-Service Coffee Machine Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global self-service coffee machine market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for self-service coffee machine? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The self-service coffee machine market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider self-service coffee machine market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by sales type, by distribution channel and by application.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the interest rates, inflation, geopolitics and covid and recovery on the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by sales type, by distribution channel and by application in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for self-service coffee machines providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Sales Type: Machine Sales; Rental Service
- 2) By Distribution Channel: Direct Sale; Indirect Sale
- 3) By Applications: Residential; Commercial; Other applications
- Companies Mentioned: Nestle SA; Lavazza Group; De'Longhi Group; Starbucks Corporation; Hamilton Beach Brands Holdings Company
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; self-service coffee machine indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.