Market revenue in 2022 | USD 202.3 million |
Market revenue in 2030 | USD 320.7 million |
Growth rate | 5.9% (CAGR from 2022 to 2030) |
Largest segment | Drip filter |
Fastest growing segment | Pod/ Capsule |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Drip Filter, Pod/ Capsule, Espresso, Bean-to-Cup |
Key market players worldwide | Panasonic Holdings Corp, Nestle SA, De'Longhi SPA, Electrolux AB ADR, Koninklijke Philips NV, Hamilton Lane Inc Class A, Robert Bosch Engineering & Business Solutions, JAB Holding Company, Morphy Richards, Schaerer |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coffee machine market will help companies and investors design strategic landscapes.
Drip filter was the largest segment with a revenue share of 53.63% in 2022. Horizon Databook has segmented the India coffee machine market based on drip filter, pod/ capsule, espresso, bean-to-cup covering the revenue growth of each sub-segment from 2018 to 2030.
Growing demand of small and smart kitchen appliances, growing awareness around health benefits of coffee, such as reduced risk of type 2 diabetes, liver cancer and liver diseases, and protection against heart failure, is expected to result in high consumption of coffee among consumers.
Growing popularity of coffee in tier III cities is also supporting the growth of coffee machines. As per ICO, the consumption of fresh and ground coffee increased by 43% from 2003 to 2017, and consumers in the region are using drip filter coffee machine market at homes.
Affordability, less maintenance and easy to use are the major factors driving the demand for these coffee machines. Also, the demand for indulged flavor coffee is boosting demand for pod/capsule coffee machines.
Horizon Databook provides a detailed overview of country-level data and insights on the India coffee machine market , including forecasts for subscribers. This country databook contains high-level insights into India coffee machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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