Office Coffee Machine Market Size
| Study Period | 2020-2029 |
| Market Size (2024) | USD 3.34 Billion |
| Market Size (2029) | USD 4.36 Billion |
| CAGR (2024 - 2029) | 5.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Office Coffee Machine Market Analysis
The Office Coffee Machine Market size is estimated at USD 3.34 billion in 2024, and is expected to reach USD 4.36 billion by 2029, growing at a CAGR of 5.5% during the forecast period (2024-2029).
An office coffee machine is a convenient and often essential appliance in professional settings. It provides a quick and accessible way for employees to prepare coffee, helping to boost productivity and create a more pleasant work environment. These machines come in various types, from traditional drip coffee makers to more advanced options like single-serve pod machines or fully automatic espresso machines. The choice often depends on the office size, the preferences of the employees, and the desired variety of coffee options available. A well-functioning and well-stocked office coffee machine can contribute to employee satisfaction and foster a sense of community.
The COVID-19 pandemic significantly impacted consumer behaviors. According to a survey by Packaged Facts, 27% of consumers continue to work from home full-time, while 23% work from home part-time, showing a shift from pre-pandemic routines. Although many offices have reopened for full-time and part-time in-office work, some companies plan to reintegrate remote employees back into the office the previous year, increasing the demand for office coffee services compared to the pandemic's peak when remote work was more prevalent.
Office Coffee Machine Market Trends
Rising Demand for Automated Coffee Machines
Caffeine is a potent stimulant, aiding employees in combating lethargy and maintaining mental acuity, energy levels, and stamina during work hours. As the day progresses, many individuals experience a decline in cognitive function. Hence, coffee emerges as a productivity enhancer in the workplace. Popular choices for office coffee machines include fully automatic systems or traditional bean-to-cup setups.
Fully automatic machines are favored for their ease of use and consistency in producing quality coffee, making them popular in various settings, including offices, cafes, and restaurants. The market for automatic coffee machines is experiencing substantial growth due to rising demand. A recent trend in this market involves smart coffee machines equipped with Bluetooth or Wi-Fi connectivity. These innovative devices can be remotely accessed via smartphones, allowing users to control them from anywhere within their homes, providing commands and adjustments through their mobile devices.
Asia Pacific is the Fastest Growing Market
The most rapidly expanding markets for coffee machines are primarily concentrated in the Asia-Pacific region, which is expected to demonstrate the swiftest growth in the forecasted period. In Asia Pacific, coffee has a strong appeal among the younger demographic due to its association with modern lifestyles and the prolonged working hours prevalent in office environments across nations like China, India, and Japan. Furthermore, the number of offices and the rising population significantly contribute to this region's escalating demand for office coffee machines.
The prevalent preference for coffee among the youthful populace, coupled with the expanding office spaces and population, marks the Asia-Pacific region as a thriving market for coffee machines, indicative of sustained growth and promising opportunities in the coming years.
Office Coffee Machine Industry Overview
The office coffee machines market is fragmented with the presence of many players. The market opportunities for growth during the forecasted period are expected to drive market competition further. Partnering with office supply companies or business service providers can help companies reach more customers and enhance their value proposition. Companies focus on creating unique features, designs, and functionalities to differentiate their coffee machines from competitors. This could include advanced brewing technologies, customizable options, or eco-friendly features. The key players include De'Longhi Group, Bravilor Bonamat BV, Group SEB, WMF Group, and Nestle Nespresso SA.
Office Coffee Machine Market Leaders
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De'Longhi Group
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Group SEB
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WMF Group
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Bravilor Bonamat BV
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Nestle Nespresso SA
*Disclaimer: Major Players sorted in no particular order
Office Coffee Machine Market News
- December 2023: Italian household appliance manufacturer De'Longhi had an agreement to acquire a stake in the esteemed espresso machine producer La Marzocco from its parent company and other minority shareholders. With an investment of USD 374 million, Milan-listed De'Longhi aims to purchase 41.2% of La Marzocco.
- February 2023: The French conglomerate Groupe SEB acquired a 100% stake in the family-run Italian espresso machine maker La San Marco.
Office Coffee Machine Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Swiftly growing read- to- drink beverage in office
4.2.2 Expanding knowledge for coffee benefits
4.3 Market Restraints
4.3.1 High support costs and the availability of other replacements
4.3.2 Restlessness due to excessive intake of caffeine
4.4 Market Opportunities
4.4.1 Technological advancements and development to introduce advanced coffee machines
4.4.2 Manufacturers were focused on improving user experiences
4.5 Value Chain Analysis
4.6 Industry Attractiveness: Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on Various Regulatory Trends Shaping the Market
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Vending Machines
5.1.2 Pods/Capsule Coffee Machines
5.1.3 Automatic Espresso Machines
5.2 By Geography
5.2.1 Asia-Pacific,
5.2.2 North America
5.2.3 Europe
5.2.4 South America
5.2.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
- *List Not Exhaustive
6.3 De'Longhi Group
6.4 WMF Group
6.5 Bravilor Bonamat B.V
6.6 Nestle Nespresso S.A
6.7 Group SEB
6.8 JURA Elektroapparate AG
6.9 BUNN-O-Matic Corporation
6.10 BSH Hausgerate GmbH
6.11 Keurig Green Mountain, Inc.
6.12 Animo B.V
6.13 Others
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Office Coffee Machine Industry Segmentation
An office coffee machine brews coffee using hot water through ground coffee beans, extracting the flavor and creating a concentrated coffee drink. The office coffee machines market forecast is segmented by type and geography. The market is segmented by type into vending machines, pods/capsule coffee machines, and automatic espresso machines. The market is geographically segmented into Asia-Pacific, North America, Europe, South America, Middle East & Africa, and the Rest of the World. The reports offer the market sizing and forecasts for the Office Coffee Market in value (USD) for all the above segments.
| By Type | |
| Vending Machines | |
| Pods/Capsule Coffee Machines | |
| Automatic Espresso Machines |
| By Geography | |
| Asia-Pacific, | |
| North America | |
| Europe | |
| South America | |
| Middle East & Africa |
Office Coffee Machine Market Research FAQs
How big is the Office Coffee Machine Market?
The Office Coffee Machine Market size is expected to reach USD 3.34 billion in 2024 and grow at a CAGR of 5.5% to reach USD 4.36 billion by 2029.
What is the current Office Coffee Machine Market size?
In 2024, the Office Coffee Machine Market size is expected to reach USD 3.34 billion.
Who are the key players in Office Coffee Machine Market?
De'Longhi Group, Group SEB, WMF Group, Bravilor Bonamat BV and Nestle Nespresso SA are the major companies operating in the Office Coffee Machine Market.
Which is the fastest growing region in Office Coffee Machine Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Office Coffee Machine Market?
In 2024, the North America accounts for the largest market share in Office Coffee Machine Market.
What years does this Office Coffee Machine Market cover, and what was the market size in 2023?
In 2023, the Office Coffee Machine Market size was estimated at USD 3.16 billion. The report covers the Office Coffee Machine Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Office Coffee Machine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Office Coffee Machine Industry Report
Statistics for the 2024 Office Coffee Machine market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Office Coffee Machine analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Office Coffee Machine Market Report Snapshots
