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Coffee Machines - Taiwan

Taiwan
  • In 2024, the revenue in the Coffee Machines market in Taiwan amounts to US$17.25m.
  • It is projected that the market will experience an annual growth rate of 5.14% from 2024 to 2029 (CAGR 2024-2029).
  • When compared globally, United States generates the highest revenue in this segment, with US$4bn in 2024.
  • In terms of per household revenues, US$2.12 is generated in 2024.
  • Looking ahead to 2029, the volume in the Coffee Machines market is predicted to reach 103.4k pieces.
  • Additionally, there is an expected volume growth of 2.6% in 2025.0.
  • For each household, the average volume in the Coffee Machines market is projected to be 0.01pieces in 2024.
  • The coffee machine market in Taiwan is experiencing a surge in demand for high-quality, specialty machines as Taiwanese consumers become more discerning in their coffee preferences.

Definition: The market for coffee machines encompasses a range of electric appliances used for brewing coffee at home. These products exhibit variability in terms of brewing principle, function, size, and price, ranging from basic drip coffee machines producing large quantities of black coffee to capsule machines offering single-serve coffee with simplicity, as well as high-end, fully automated espresso machines combining grinding, pouring, and frothing functionalities to produce customized cappuccino or white coffee. However, it is essential to note that different regions have their unique coffee cultures and brewing methods. Therefore, accessories, such as grinders, milk frothers, and spare parts, professional coffee machines for HoReCa and office use, and alternative brewing methods such as French press, cold-brewing systems, Moka stovetops, and percolators are not included within this segment.

Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.

Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.

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In-Scope

  • Drip/filter coffee machines
  • Espresso machines (fully automated, semi-automated)
  • Pod/capsule coffee machines

Out-Of-Scope

  • Hand-brewing methods (French press, cold brewing, etc.)
  • Moka stovetops / percolators
  • Professional coffee machines (HoReCa & office)
  • Accessories (grinders, milk frothers, spare parts, etc.)
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: May 2024

    Source: Statista Market Insights

    Most recent update: May 2024

    Source: Statista Market Insights

    Volume

    Most recent update: May 2024

    Source: Statista Market Insights

    Most recent update: May 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Price

    Most recent update: May 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: May 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: May 2024

    Source: Statista Market Insights

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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