Coffee Machines - North America

  • North America
  • The revenue generated in the Coffee Machines market in 2024 amounts to US$4.21bn.
  • It is projected that the market will experience an annual growth rate of 2.44% from 2024 to 2029 (CAGR 2024-2029).
  • In comparison to other regions, in the United States generates the highest revenue in this segment, with US$3,700m in 2024.
  • When considering the total number of households, it is estimated that each household generates US$23.94 in revenue in 2024.
  • Looking ahead to 2029, the volume of coffee machines sold in this segment is expected to reach 32.8m pieces units.
  • Additionally, there is a projected volume growth of 0.0% in 2025.
  • Furthermore, the average volume of coffee machines per household in the Coffee Machines market is anticipated to be 0.19pieces units in 2024.
  • It is important to note that these figures pertain specifically to the North American market.
  • In North America, the demand for high-end coffee machines has surged, with consumers seeking premium brewing capabilities and customizable features.

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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