Market Overview:
The global iced tea maker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing disposable income, and growing awareness about the health benefits of iced tea. The global iced tea maker market is segmented on the basis of type into manual type and electric type. The electric type segment is expected to grow at a higher CAGR than the manual type segment during the forecast period from 2018 to 2030. This can be attributed to its ease of use and faster brewing time as compared to manual types. On the basis of application, the global iced tea maker market is divided into commercial and household applications.
Product Definition:
An iced tea maker is a device used to brew iced tea. Iced tea is a cold drink made from brewed black or green tea, sweetened with sugar and often flavored with citrus fruits or herbs. Iced Tea Maker is important because it helps you make your own iced tea quickly and easily.
ManualType:
ManualType is a tea-leaf quantity measuring tool. It's main function is to measure the amount of tea leaves in the strainer with accuracy. Besides, it also has some other features like setting the time and date which can be accessed through its two-inch high LCD display.
It’s compact size makes it portable and easy to carry around for making iced tea at any places like outdoor parties or even for small get togethers at home.
Electric Type:
An electric type is a tea and hot water making machine that works on electricity. It uses an electric heating element to heat the water or tea, which is then forced through the leaves using a spray mechanism. The result is fresh and piping hot tea or coffee with no need for any external support such as a milk carton or cups.
The main advantage of this product over its counterparts, including gas types,is that there are no moving parts that can break down.
Application Insights:
The commercial application segment dominated the global iced tea maker market in 2017, accounting for more than 60.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to rising demand from hotels and restaurants. In addition, expansion of hospitality industry will further propel product demand in near future.
Household application is projected to be one of the fastest-growing segments during the forecast period owing to increasing consumer preference for convenient beverage options at home or work place without compromising with quality and taste. Furthermore, growing health awareness among consumers is likely to boost product adoption in household applications over next few years.
For instance, introduction of new flavors by major players such as TBSCO Industries limited and SMK Corporation has created huge success among target customers who have been drinking iced tea since childhood but now prefer flavored variants such as peach or strawberry which provide hydration benefits along with great taste that has made them popular among young adults.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing consumption of iced tea, growing demand for convenient beverages, and rising health concerns among consumers in this region. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increased spending power of consumers and rapid urbanization in economies such as China and India.
The key players operating in this industry are: Tata Global Beverages Ltd.; CCD Limited; Barista Expressions Sdn Bhd; Starbucks Coffee Company; AIMA Group (Beverage Holdings); Coca-Cola Enterprises (Asia) Pvt Ltd.; Del Monte Philippines Inc.; Jain Irrigations & Pipes Ltd.; Lipton Tea Co., etc.
Growth Factors:
- Increasing demand for iced tea from the health-conscious population
- Rising disposable income of the consumers
- Growing popularity of ready-to-drink tea products
- Proliferation of retail outlets that sell iced tea maker products
- Innovative marketing and promotional campaigns by manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Iced Tea Maker Market Research Report
By Type
ManualType, Electric Type
By Application
Commercial, Household
By Companies
Mr. Coffee, BUNN, Takeya, Capresso, Curtis, Grindmaster-Cecilware, West Bend, Mr. Coffee
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Iced Tea Maker Market Report Segments:
The global Iced Tea Maker market is segmented on the basis of:
Types
ManualType, Electric Type
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, 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:
- Mr. Coffee
- BUNN
- Takeya
- Capresso
- Curtis
- Grindmaster-Cecilware
- West Bend
- Mr. Coffee
Highlights of The Iced 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:
- ManualType
- Electric Type
- By Application:
- Commercial
- 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 Iced 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
- 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?
An iced tea maker is a kitchen appliance that makes iced tea. It typically consists of a container for ice, water, and tea leaves, as well as a mechanism for turning the ice into chilled liquid.
Some of the major companies in the iced tea maker market are Mr. Coffee, BUNN, Takeya, Capresso, Curtis, Grindmaster-Cecilware, West Bend, Mr. Coffee.
The iced 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 Iced 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 Iced Tea Maker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Iced 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 Iced 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 Iced Tea Maker Market Size & Forecast, 2018-2028
4.5.1 Iced Tea Maker Market Size and Y-o-Y Growth
4.5.2 Iced Tea Maker Market Absolute $ Opportunity
Chapter 5 Global Iced 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 Iced Tea Maker Market Size Forecast by Type
5.2.1 ManualType
5.2.2 Electric Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Iced 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 Iced Tea Maker Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Iced 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 Iced 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 Iced Tea Maker Analysis and Forecast
9.1 Introduction
9.2 North America Iced 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 Iced Tea Maker Market Size Forecast by Type
9.6.1 ManualType
9.6.2 Electric Type
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 Iced Tea Maker Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 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 Iced Tea Maker Analysis and Forecast
10.1 Introduction
10.2 Europe Iced 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 Iced Tea Maker Market Size Forecast by Type
10.6.1 ManualType
10.6.2 Electric Type
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 Iced Tea Maker Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 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 Iced Tea Maker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Iced 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 Iced Tea Maker Market Size Forecast by Type
11.6.1 ManualType
11.6.2 Electric Type
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 Iced Tea Maker Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 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 Iced Tea Maker Analysis and Forecast
12.1 Introduction
12.2 Latin America Iced 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 Iced Tea Maker Market Size Forecast by Type
12.6.1 ManualType
12.6.2 Electric Type
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 Iced Tea Maker Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 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) Iced Tea Maker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Iced 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) Iced Tea Maker Market Size Forecast by Type
13.6.1 ManualType
13.6.2 Electric Type
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) Iced Tea Maker Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 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 Iced Tea Maker Market: Competitive Dashboard
14.2 Global Iced Tea Maker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mr. Coffee
14.3.2 BUNN
14.3.3 Takeya
14.3.4 Capresso
14.3.5 Curtis
14.3.6 Grindmaster-Cecilware
14.3.7 West Bend
14.3.8 Mr. Coffee
