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Global Espresso Machines Market Predicted to Touch US$4220 Mn by 2025 – QY Research

The global Espresso Machines market was 2550 million US$ in 2018 and is expected to 4220 million US$ by the end of 2025, growing at a CAGR of 6.5% between 2019 and 2025.

 

Los Angeles, CA -- (SBWIRE) -- 04/29/2019 -- DeLonghi, Jura and Philips (Saeco) are the top three Revenue share spots in the Espresso Machines market in 2016. DeLonghi dominated with 26.62% Revenue, followed by Jura with 18.56% Revenue share and Philips (Saeco) with 10.14% Revenue share.

The technical barriers of espresso machines are high, and the core technology of espresso machines concentrates in relative large companies including Panasonic, Nestlé Nespresso, Jarden, Delonghi, Electrolux, Melitta, Morphy Richards, Philips, and Hamilton Beach. These companies mainly concentrate in USA, Europe. However, more than 80% of coffee machine are mainly produced by the Chinese enterprises for OEM.

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Europe is largest region for the global automatic espresso machines market. Developed countries in Western Europe are predominantly the major markets for automatic espresso machines. The high purchasing power of consumers in Europe coupled with a growing interest in adopting technologically advanced kitchen appliance products will drive the market. Countries such as the UK, Italy, the Netherlands, Germany, France, and Russia are already major consumers of the automatic espresso machines market. Europe will continue to dominate the global market, with Eastern Europe also expected to witness considerable progress in terms of demand. The rise in disposable income of lower and middle-income segments in countries like Russia and Poland will drive the market in this region.

With the increase in cost of espresso at quick service restaurants, consumers are increasingly switching to home-brewed alternatives. New machines launched in the espresso machines market are equipped with features to deliver quality espresso that matches professionally served coffee. This trend is expected to continue over the forecast period and significantly drive the market.

In the next five years, the global consumption volume of Espresso Machines will show downward tendency further, consumption volume is expected in 2022 will be 171.3 K Units. The average selling price will be around 181 $/Unit in 2022.

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The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.

The global Espresso Machines market was 2550 million US$ in 2018 and is expected to 4220 million US$ by the end of 2025, growing at a CAGR of 6.5% between 2019 and 2025.

This report studies the Espresso Machines market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Espresso Machines in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

DeLonghi

Jura

Philips (Saeco)

Melitta

La Marzocco

Nespresso

Ali Group (Rancilio)

Gruppo Cimbali

Nuova Simonelli

Panasonic

Illy

Bosch

Mr. Coffee

Simens

Hamilton Beach

Krups (Groupe SEB)

Dalla Corte

La Pavoni

Breville

By the product type, the market is primarily split into

Manually & Semi-automatic

Fully-automatic

By the end users/application, this report covers the following segments

Individual & Household

Commercial

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