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Portable Coffee Makers Market Overview
The global portable coffee makers market will likely show a continual rise. The key driving forces are increased demand for convenience products and rising coffee consumption in emerging economies. Market Research Future (MRFR) states that the global portable coffee makers market value is poised to grow to USD 8.52 BN by 2032 from USD 4.9 BN in 2022, with a 6.34% CAGR during the review period (2023- 2032).
Portable coffee makers have become the most frequently utilized appliances worldwide in household and business settings. People increasingly prefer portable coffee makers that supply every coffee variety and excel in many flavors, from conventional espresso to filter coffee to mocha. Manufacturers are providing a wide variety of coffee manufacturing equipment and solutions in response to the growing consumer demand for items tailored depending on their use in various areas worldwide.
The demand for automatic portable coffee makers is increasing, boosting the market’s growth. A current trend in the global industry is for smart portable coffee makers with Bluetooth or Wi-Fi connectivity. Smartphones can be used to access these smart portable coffee makers, and users can control them from anywhere in the house and provide commands from a smartphone.
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One of the main reasons for the rise in demand for portable coffee machines worldwide is their simplicity of use and reliability of the brewing output. The need for portable coffee machines is rising as coffee consumption increases worldwide. Users like portable coffee machines for camping and hiking vacations due to their compact design.
Portable Coffee Makers Market – Competitive Landscape
The market appears highly competitive, with the presence of tier-1 and tier-2 players. These players concentrate on research and development activities. They also initiate strategies, such as development, product introduction, joint ventures, and partnerships, to strengthen their market position and capture an extensive customer base.
Major Players
Prominent portable coffee maker market players include Keurig Green Mountain Inc. (the USA), Nestlé SA (Switzerland), Newell Brands (USA), Electrolux AB (Sweden), Koninklijke Philips NV (Netherlands), Hamilton Beach BrandsInc. (the USA), Robert Bosch GmbH (Germany), illycaffèSpA (Italy), Dualit Limited (United Kingdom), HandpressoSas (France), and Wacaco Company Limited (Hong Kong), among others.
Portable Coffee Makers Market – Segments
The analysis is segmented into types, categories, end-uses, distribution channels, and regions. The type segment comprises manual and automatic. The category segment comprises premium and mass-market. The end-use segment comprises household, out-of-home, food service, and corporate. The distribution channel segment comprises store-based and non-store-based. By region, the portable coffee makers market is segmented into North America, Europe, Asia-Pacific, MEA, and the rest of the world.
Portable Coffee Makers Market – Regional Analysis
Europe dominates the global portable coffee maker’s market. Sales of portable coffee makers in Europe have increased due to market participants’ expansion plans and their regular product launches. Some key contributors to the portable coffee makers’ market share expansion include Germany, France, and Italy.
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Industry/ Innovation /Related News:
Oct. 13, 2022 — Wacaco Company Ltd., a leading global portable espresso maker, launched the second generation of its Minipresso NS capsule espresso machine. The new Minipresso NS2 is designed to work exclusively with all types of Nespresso Original capsules and compatibles. It has the most compact design and is a capable capsule espresso machine. Wacaco’s new machine combines ease of use, intuitive ergonomics, durable materials, and an elegant aesthetic to help users brew the perfect espresso.
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