Market revenue in 2022 | USD 492.4 million |
Market revenue in 2030 | USD 703.6 million |
Growth rate | 4.6% (CAGR from 2022 to 2030) |
Largest segment | Drip filter |
Fastest growing segment | Pod/ Capsule |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 52.99% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
Rising coffee culture coupled with increasing demand for premium coffee among home consumers and enhanced convenience offered by coffee machine market are the factors expected to fuel demand for coffee machine in the upcoming years.
Increasing tourism in the region is boosting the demand of coffee machine market in hotels, independent cafes, and coffee shops. Moreover, owing to the growing demand for specialty and premium coffee, the demand for espresso machines amongst residential buyers is increasing.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa coffee machine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa coffee machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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