Coffee Machines - G7

  • G7
  • In 2024, the revenue in the Coffee Machines market reaches a substantial amount of US$7.80bn.
  • This market is projected to experience an annual growth rate of 2.35% from 2024 to 2029, as measured by the compound annual growth rate (CAGR).
  • Among the G7 countries, in the United States generates the highest revenue in the Coffee Machines market, amounting to US$3,700m in 2024.
  • This signifies the prominent position of the United States in the global coffee machine market.
  • When considering the total number of households, the per household revenue generated in the Coffee Machines market is US$23.95 in 2024.
  • This metric provides insights into the economic impact of coffee machine sales on individual households.
  • Looking ahead to 2029, the volume in the Coffee Machines market is expected to reach 53.8m pieces units.
  • Furthermore, there is an anticipated growth rate of 0.0% in 2025, indicating a gradual expansion of the market.
  • Examining the average volume per household in the Coffee Machines market, it is projected to be 0.16pieces units in 2024.
  • This figure demonstrates the average number of coffee machines per household in the given year.
  • In the United States, the market for coffee machines is driven by a growing demand for versatile, high-tech models that offer convenience and customization options.

Key regions: Europe, Germany, India, Indonesia, China

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Overview

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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