Market Overview:
The global cocktail machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cocktails and rising disposable income of consumers. In addition, the growing trend of home entertainment is also propelling the growth of this market. On the basis of type, the global cocktail machine market can be segmented into semi-automatic and fully automatic machines. The semi-automatic machines segment is expected to account for a larger share in terms of revenue than the fully automatic machines segment during the forecast period from 2018 to 2030. This can be attributed to their lower price point as compared to fully automatic machines and their easy operability, which makes them popular among consumers. On the basis of application,the global cocktail machine market can be divided into residential, commercial and others segments.
Product Definition:
A cocktail machine is a device used to make cocktails. It typically consists of a blender, ice dispenser, and various drink ingredients stored in compartments. The machine can be programmed to create a variety of cocktails based on user preferences.
Semi Automatic:
Semi automatic cocktail machines are also known as manual/semi-automatic cocktail machines. They are a combination of mechanical and electronic devices that perform basic mixing functions of cocktails, without the need for any additional attachments or accessories. The primary difference between an automatic and semi-automatic cocktail machine is that in an automatic one, there is no need for human intervention while in a semi-automatic one, there is some level of human interaction required to start the process (usually by pressing buttons).
Fully Automatic:
Fully automatic machines are used to make various types of cocktails such as margaritas, martinis, manhattans and other spirits. These cocktail machines can mix drinks with the help of mechanical arms that move ingredients around a container in accordance with a pre-programmed set of instructions.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the rising number of bars and pubs at a global level, which is supporting the demand for cocktail machines in this segment. Furthermore, increasing spending on cocktails as an alternative to traditional alcoholic drinks is further driving the demand for these devices in commercial applications worldwide.
Residential application witnessed a revenue share of 19.1% globally in 2017 owing to growing interest among consumers towards home bartending and mixology activities along with high spending by individuals on alcohol beverages at home parties or gatherings, especially during holidays or events like Christmas & Thanksgiving celebrations across regions including U.S., Germany, China etc.
Regional Analysis:
Europe dominated the global market in 2017, with a revenue share of more than 35.0%. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing adoption of technologically advanced products and services coupled with rising demand for customized cocktails among consumers in countries, such as Germany, U.K., France and Italy.
Growth Factors:
- Increasing demand for cocktails from the young population
- Rising disposable income of the people, especially in developed countries
- Proliferation of cocktail lounges and bars across the world
- Growing popularity of mixology as a hobby
- Advent of new technologies that can help in making cocktails quickly and easily
Scope Of The Report
Report Attributes
Report Details
Report Title
Cocktail Machine Market Research Report
By Type
Semi Automatic, Fully Automatic
By Application
Residential, Commercial, Others
By Companies
Bartesian, Mixologiq, Barsys, Somabar, Drinkworks, Adelantos, Smartbar, Mark Shakr, Zhongshan Jiuhong Robot Technology, DMW
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Cocktail Machine Market Report Segments:
The global Cocktail Machine market is segmented on the basis of:
Types
Semi Automatic, Fully Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bartesian
- Mixologiq
- Barsys
- Somabar
- Drinkworks
- Adelantos
- Smartbar
- Mark Shakr
- Zhongshan Jiuhong Robot Technology
- DMW
Highlights of The Cocktail Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi Automatic
- Fully Automatic
- By Application:
- Residential
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cocktail Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cocktail machine is a device that mixes cocktails by shaking or stirring ingredients in a shaker.
Some of the major players in the cocktail machine market are Bartesian, Mixologiq, Barsys, Somabar, Drinkworks, Adelantos, Smartbar, Mark Shakr, Zhongshan Jiuhong Robot Technology, DMW.
The cocktail machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cocktail Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cocktail Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cocktail Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cocktail Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cocktail Machine Market Size & Forecast, 2018-2028
4.5.1 Cocktail Machine Market Size and Y-o-Y Growth
4.5.2 Cocktail Machine Market Absolute $ Opportunity
Chapter 5 Global Cocktail Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cocktail Machine Market Size Forecast by Type
5.2.1 Semi Automatic
5.2.2 Fully Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cocktail Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cocktail Machine Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cocktail Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cocktail Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cocktail Machine Analysis and Forecast
9.1 Introduction
9.2 North America Cocktail Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cocktail Machine Market Size Forecast by Type
9.6.1 Semi Automatic
9.6.2 Fully Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cocktail Machine Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cocktail Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Cocktail Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cocktail Machine Market Size Forecast by Type
10.6.1 Semi Automatic
10.6.2 Fully Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cocktail Machine Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cocktail Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cocktail Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cocktail Machine Market Size Forecast by Type
11.6.1 Semi Automatic
11.6.2 Fully Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cocktail Machine Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cocktail Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Cocktail Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cocktail Machine Market Size Forecast by Type
12.6.1 Semi Automatic
12.6.2 Fully Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cocktail Machine Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cocktail Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cocktail Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cocktail Machine Market Size Forecast by Type
13.6.1 Semi Automatic
13.6.2 Fully Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cocktail Machine Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cocktail Machine Market: Competitive Dashboard
14.2 Global Cocktail Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bartesian
14.3.2 Mixologiq
14.3.3 Barsys
14.3.4 Somabar
14.3.5 Drinkworks
14.3.6 Adelantos
14.3.7 Smartbar
14.3.8 Mark Shakr
14.3.9 Zhongshan Jiuhong Robot Technology
14.3.10 DMW
