The Business Research Company published its Coffee Machines Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Coffee Machines market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the coffee machines market’s segments-
1) By Type, Filter Coffee Machines, Pod/Capsule Coffee Machines, Traditional Espresso Machines, Bean-to-Cup Coffee Machines
2) By Product, Drip Filter, Capsule, Espresso, Bean-to-Cup
3) By End-User, Household, Commercial.
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Coffee Machines Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global coffee machines market is expected to decline from $5.93 billion in 2019 to $5.40 billion in 2020 at a compound annual growth rate (CAGR) of -8.92%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is then expected to recover and reach $6.20 billion in 2023 at CAGR of 4.69%.
Smart coffee machines with Bluetooth or Wi-Fi connectivity is a key trend driving the growth of the coffee machines market. The smart coffee machines can be accessed via smartphones, and users can monitor them from anywhere in the house and can also send smartphone commands. Most coffee makers have their own software to configure the brew settings and plan brew times.
Few Points From Table Of Content
1. Executive Summary
2. Coffee Machines Market Characteristics
3. Coffee Machines Market Size And Growth
4. Coffee Machines Market Segmentation
5. Coffee Machines Market Regional And Country Analysis
25. Coffee Machines Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Coffee Machines Market
27. Coffee Machines Market Trends And Strategies
28. Coffee Machines Market Future Outlook and Potential Analysis
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Coffee Machines Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 48: Nestlé Nespresso S.A. Financial Performance
Table 49: De’Longhi Appliances S.r.l. Financial Performance
Table 50: Electrolux Financial Performance
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