Market Insights Consumer Household Appliances Small Appliances

Coffee Machines - Seychelles

Seychelles

The Coffee Machines market in Seychelles is projected to generate a revenue of US$0.52m in 2024.
With an annual growth rate of 15.09% (CAGR 2024-2029), the market is expected to expand steadily.
In terms of global comparison, in the United States leads the way with a revenue of US$3,700m in 2024.
When considering the total number of households, the per household revenue in Seychelles is estimated to be US$21.22 in 2024.
Looking ahead, the volume in the Coffee Machines market is anticipated to reach 5.7k pieces units by 2029.
Additionally, there is an expected volume growth of 1.8% in 2025.
On average, each household in Seychelles is predicted to have a volume of 0.21pieces units in the Coffee Machines market by 2024.
Seychelles' coffee machine market is experiencing a surge in demand as locals embrace the convenience and quality of home-brewed coffee.

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.