Market Overview:
The global coffee and tea maker 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 coffee and tea, especially in developing countries. Additionally, the growing popularity of single-serve coffee makers is also contributing to the growth of this market. On the basis of type, the global coffee and tea maker market can be segmented into coffee makers and tea makers. Coffee makers are further sub-segmented into drip brewers, pod brewers, espresso machines, French press machines, and others (including vacuum pots and siphon brewers). Tea makers are further sub-segmented into electric kettles and stovetop kettles. Drip brewers held a major share of the global coffee maker market in 2017 owing to their ease of use as well as low cost when compared with other types of coffee makers such as espresso machines or pod brewers.
Product Definition:
A coffee maker is a household appliance used to brew coffee. Coffee makers range from simple, single-cup devices to large, multi-pot machines.
The term "coffee maker" can refer to a machine that makes coffee automatically from ground coffee beans, or it can refer to a manual device that requires the user to heat water and then pour it over ground coffee beans.
A tea maker (also known as an iced tea brewer) is a device used to brew tea, which is usually made from Camellia sinensis leaves and often served cold or over ice.
Coffee Maker:
Coffee is a very popular drink in most of the countries. It has been observed that people are ready to pay any amount for good coffee. This has increased the demand for high-quality coffee beans and equipment over the world. The price of these products is not only dependent on quality but also on quantity, as it takes more efforts to make good coffee than just brewing some ordinary beverage.
The global market size was valued at USD 14 billion in 2015.
Tea Maker:
A tea maker is an appliance used for making tea. It consists of a heating element, usually in the form of a basket, which is placed over a liquid (tea or coffee) and hot water is added to it. The modern versions have on-board features like programmable settings and automatic switches between brewing cycles; some also include milk foaming functions for making lattes or cappuccinos.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The segment is expected to witness significant growth owing to rising demand for specialty coffee and tea from various end-use industries such as hotels, restaurants and cafes, food trucks/carts, airlines and railways. Furthermore, increasing number of cafes and restaurants at airports is expected to drive the product demand over the forecast period.
Household application accounted for a significant share in 2017 due to growing awareness about health benefits associated with coffee consumption coupled with an increase in spending power of consumers towards premium products that can provide nutritional benefits along with taste enhancement features such as advanced technology brewers which brews strong flavored coffee using less grounds resulting into improved flavor extraction while drinking regular potable water or H2O without any flavoring or sweetening additives thus improving overall taste experience.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing per capita income and changing lifestyles of consumers. Moreover, growing popularity of coffee and tea among young generation is driving demand for these products in this region. Europe also held a significant share in the industry due to high demand for specialty coffee machines from countries such as Germany, U.K., Italy, France, etc.
Growth Factors:
- Increasing disposable income of consumers: The coffee and tea maker market is expected to grow as the disposable income of consumers increases. This is because coffee and tea makers are seen as a luxury item, and people with more money tend to buy more luxurious items.
- Rising demand for specialty coffees: There has been a rise in the demand for specialty coffees in recent years, and this trend is expected to continue in the future. This will help drive growth in the coffee maker market.
- Growing popularity of tea: Tea is becoming increasingly popular all over the world, and this trend is helping drive growth in the tea maker market. In particular, there has been a surge in demand for premium teas, which are typically sold by high-end brands.
- Advances in technology: Technology advances are helping spur growth in both the coffee and tea maker markets by making these products more affordable and easier to use than ever before. For example, automatic drip brewers have become very popular due to their ease of use and affordability relative to other types of brewers on the market today . 5) Increasing awareness about health benefits associated with consumption of Coffee & Tea : A growing number of people are becoming aware about health benefits associated with consumption regular cups Coffee & Tea , such as prevention from diseases such as cancer . All these factors would collectively fuel further adoption rate thereby driving Market Growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Coffee and Tea Maker Market Research Report
By Type
Coffee Maker, Tea Maker
By Application
Commercial, Office, Household
By Companies
Keurig Dr Pepper, Panasonic, De'Longhi, Philips, Hamilton Beach, Illy, Breville, Newell Brands, Nestle Nespresso, Cuisinart, Krups, SharkNinja Operating, Gourmia
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Coffee and Tea Maker Market Report Segments:
The global Coffee and Tea Maker market is segmented on the basis of:
Types
Coffee Maker, Tea Maker
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
Commercial, Office, Household
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:
- Keurig Dr Pepper
- Panasonic
- De'Longhi
- Philips
- Hamilton Beach
- Illy
- Breville
- Newell Brands
- Nestle Nespresso
- Cuisinart
- Krups
- SharkNinja Operating
- Gourmia
Highlights of The Coffee and Tea Maker 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:
- Coffee Maker
- Tea Maker
- By Application:
- Commercial
- Office
- Household
- 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 Coffee and Tea Maker 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
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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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 coffee and tea maker is a kitchen appliance that makes hot beverages from ground coffee or tea.
Some of the major companies in the coffee and tea maker market are Keurig Dr Pepper, Panasonic, De'Longhi, Philips, Hamilton Beach, Illy, Breville, Newell Brands, Nestle Nespresso, Cuisinart, Krups, SharkNinja Operating, Gourmia.
The coffee and tea maker market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coffee and Tea Maker 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 Coffee and Tea Maker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coffee and Tea Maker 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 Coffee and Tea Maker 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 Coffee and Tea Maker Market Size & Forecast, 2018-2028
4.5.1 Coffee and Tea Maker Market Size and Y-o-Y Growth
4.5.2 Coffee and Tea Maker Market Absolute $ Opportunity
Chapter 5 Global Coffee and Tea Maker 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 Coffee and Tea Maker Market Size Forecast by Type
5.2.1 Coffee Maker
5.2.2 Tea Maker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coffee and Tea Maker 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 Coffee and Tea Maker Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Office
6.2.3 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coffee and Tea Maker 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 Coffee and Tea Maker 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 Coffee and Tea Maker Analysis and Forecast
9.1 Introduction
9.2 North America Coffee and Tea Maker 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 Coffee and Tea Maker Market Size Forecast by Type
9.6.1 Coffee Maker
9.6.2 Tea Maker
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 Coffee and Tea Maker Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Office
9.10.3 Household
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 Coffee and Tea Maker Analysis and Forecast
10.1 Introduction
10.2 Europe Coffee and Tea Maker 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 Coffee and Tea Maker Market Size Forecast by Type
10.6.1 Coffee Maker
10.6.2 Tea Maker
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 Coffee and Tea Maker Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Office
10.10.3 Household
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 Coffee and Tea Maker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coffee and Tea Maker 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 Coffee and Tea Maker Market Size Forecast by Type
11.6.1 Coffee Maker
11.6.2 Tea Maker
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 Coffee and Tea Maker Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Office
11.10.3 Household
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 Coffee and Tea Maker Analysis and Forecast
12.1 Introduction
12.2 Latin America Coffee and Tea Maker 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 Coffee and Tea Maker Market Size Forecast by Type
12.6.1 Coffee Maker
12.6.2 Tea Maker
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 Coffee and Tea Maker Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Office
12.10.3 Household
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) Coffee and Tea Maker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coffee and Tea Maker 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) Coffee and Tea Maker Market Size Forecast by Type
13.6.1 Coffee Maker
13.6.2 Tea Maker
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) Coffee and Tea Maker Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Office
13.10.3 Household
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 Coffee and Tea Maker Market: Competitive Dashboard
14.2 Global Coffee and Tea Maker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keurig Dr Pepper
14.3.2 Panasonic
14.3.3 De'Longhi
14.3.4 Philips
14.3.5 Hamilton Beach
14.3.6 Illy
14.3.7 Breville
14.3.8 Newell Brands
14.3.9 Nestle Nespresso
14.3.10 Cuisinart
14.3.11 Krups
14.3.12 SharkNinja Operating
14.3.13 Gourmia
