Market Size of US Household Coffee Machine Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.06 Billion |
| Market Size (2029) | USD 4.18 Billion |
| CAGR (2024 - 2029) | 6.38 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Household Coffee Machine Market Analysis
The US Household Coffee Machine Market size is estimated at USD 3.06 billion in 2024, and is expected to reach USD 4.18 billion by 2029, growing at a CAGR of 6.38% during the forecast period (2024-2029).
The top five countries generating revenue from the coffee machine market in descending order are the United States, Germany, France, Italy, and Brazil. With the US generating 3521 Mn USD in 2022. With the advent of the online sales platform, sales of coffee machines in offline mode had seen a continuous decline and a surge in online sales, signifying a change in consumer behavior and how the market had to change its selling strategy online. A continuous increase in the price of coffee machines is observed because of the continuous increase in the inflation rate and price of raw materials (metal industry). The price of a coffee machine was USD 106.6 in 2014, increasing to $119.3 in 2021. In 2020 there was maximum revenue generation for the coffee machine market. After the advent of COVID 19, it saw a decline of 16.3% in 2022.
Covid had caused a disruption in the coffee machine market, leading to decreased revenue generation. A continuous disruption in supply chain logistics occurs, causing inflationary pressure for coffee and the coffee machine market because firms could not meet surging global demand.
As covid restrictions are relaxed in various parts of the world and lockdowns are relaxed, more economic activity is taking place. With an increase in economic activity and normalization of the supply chain, consumption of coffee is increasing, creating space for the coffee machine market in the US. With 64% of US consumers drinking coffee daily of an average of 3.5 cups, consumer spread is expected to increase.
US Household Coffee Machine Industry Segmentation
This report is focused on an analysis of the US coffee machine market. It has been observed that the US has an opportunistic trend for the coffee machine market because coffee consumption is continuously increasing, and most coffee machines are bought through online purchasing apps. This report focuses on finding opportunities to invest in the US Household coffee machine market. Major firms are working on the automation of coffee machines by launching different product types with an increase in coffee consumption in different parts of Europe and the United States. Distribution channels play a major role in expanding the coffee machine market. After the advent of online marketing is expanding more.
US household coffee machine market is segmented by distribution channels( Multi-brand store, Specialty store, Online Store, Other Distribution channels), Product type(Filter coffee machine, Capsule or pod coffee machine, Traditional espresso machine, Bean to cup coffee machine), and operational category (Semi-Automated, Fully Automated).
| By Distribution Channel | |
| Multibrand Store | |
| Speciality Store | |
| Online Store | |
| Other Distribution Channel |
| By Product Type | |
| Filter coffee machine | |
| Capsule or Pod coffee machine | |
| Traditional Espresso coffee machine | |
| Bean to Cup coffee machine |
| Operational Cateogry | |
| Semi Automated | |
| Automated |
US Household Coffee Machine Market Size Summary
The US household coffee machine market is poised for significant growth over the forecast period, driven by evolving consumer preferences and technological advancements. The shift from offline to online sales platforms has reshaped the market dynamics, reflecting a broader change in consumer behavior. This transition has been accompanied by rising prices due to inflation and increased raw material costs, impacting the overall market landscape. The market experienced a downturn during the COVID-19 pandemic, with supply chain disruptions and decreased consumer spending contributing to a temporary decline in revenue. However, as economic activities resume and supply chains normalize, there is a resurgence in coffee consumption, creating new opportunities for the coffee machine market in the US.
The market is characterized by a diverse range of products, including steam, capsule, and drip coffee machines, each segment expected to grow at a robust pace. Automation and smart technology integration are key trends, with automated and semi-automated machines gaining popularity for their convenience and efficiency. The US market remains a leader in the global coffee machine industry, with a significant share of demand for automated machines originating from the country. Competitive dynamics are intensifying, with major players focusing on product innovation and strategic expansions to capture market share. The coffee machine market's growth is further supported by the increasing popularity of specialty coffee and the expanding coffee shop culture, which drive demand for both household and commercial coffee machines.
US Household Coffee Machine Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Insights on impact of technology and innovation in Coffee Machine Market
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1.5 Insights on Product Technology
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1.6 Industry Attractiveness - Porters' Five Forces Analysis
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1.6.1 Threat of New Entrants
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1.6.2 Bargaining Power of Buyers
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1.6.3 Bargaining Power of Suppliers
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1.6.4 Threat of Substitutes
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1.6.5 Intensity of Competitive Rivalry
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1.7 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Distribution Channel
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2.1.1 Multibrand Store
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2.1.2 Speciality Store
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2.1.3 Online Store
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2.1.4 Other Distribution Channel
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2.2 By Product Type
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2.2.1 Filter coffee machine
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2.2.2 Capsule or Pod coffee machine
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2.2.3 Traditional Espresso coffee machine
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2.2.4 Bean to Cup coffee machine
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2.3 Operational Cateogry
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2.3.1 Semi Automated
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2.3.2 Automated
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US Household Coffee Machine Market Size FAQs
How big is the US Household Coffee Machine Market?
The US Household Coffee Machine Market size is expected to reach USD 3.06 billion in 2024 and grow at a CAGR of 6.38% to reach USD 4.18 billion by 2029.
What is the current US Household Coffee Machine Market size?
In 2024, the US Household Coffee Machine Market size is expected to reach USD 3.06 billion.
