The India Coffee Machine Market is valued at USD 165.45 million in FY2022 and will reach USD 315.20 million by FY2030, growing at a CAGR of 8.39% during the forecast period between FY2023 and FY2030 owing to the country's expanding coffee culture and rising dual-family income.
Home>Industry Reports>India Coffee Machine Market Assessment, Opportunities, and Forecast, FY2016-FY2030F
The India Coffee Machine Market is valued at USD 165.45 million in FY2022 and will reach USD 315.20 million by FY2030, growing at a CAGR of 8.39% during the forecast period between FY2023 and FY2030 owing to the country's expanding coffee culture and rising dual-family income. Innovations, new product introductions, and escalating customer demand have contributed to the coffee industry's evolution and thereby, affecting the coffee machine market. Furthermore, technological improvements, growing working-class population, increased knowledge of health advantages, and rising demand for smart kitchen appliances are anticipated to fuel the growth of the India coffee machine market.
However, it is also projected that rising coffee machine repair and maintenance costs may impede industry expansion. Additionally, the market has temporarily been impeded by escalating transportation challenges, labour scarcity concerns, and instances of lengthier delivery delays as a result of the unpredictable supply chain interruption during the COVID-19 outbreak.
Growing Gen Z and Millennials Population
India is experiencing a greater proportion of millennials and Generation Z as a percentage of the total population, whereas Western nations are seeing this proportion drop. The proportion of millennials and Generation Z in the country's population was 52% in 2021. This segment of the population has experienced a paradigm shift in choice of coffee over any other traditional drink such as tea. The return to office scenario and adoption of western café culture, India is witnessing a spurge in the setup of such infrastructure with direct impact on the demand of coffee machines.
Expansion of HoReCa Led to Market Growth
The popularity of cafes and coffee shops is on the rise as a result of shifting lifestyles, an increase in the number of workers, and customer preferences. Numerous opportunities in the food and beverages industry have influenced many small and midsize players to enter the industry, thereby increasing the growth of coffee machine market. Additionally, it is anticipated that the coffee machine market is anticipated to grow owing to an increase in coffee flavors and variations.
India Coffee Machine Market Pre and Post COVID-19
While the demand for coffee machines in non-residential sectors decreased significantly during COVID-19, the demand for coffee machines in residential sectors increased, as a result of the closure of several cafes and the transition to work-from-home. Sales of coffee machines have soared as a result. Additionally, the market was impeded by escalating transportation challenges, labour scarcity concerns, and delivery delays as a result of the unpredictable supply chain interruption during the COVID-19 pandemic. However, the expansion of business infrastructure and the number of offices ensured development in coming years even if there was a brief halt during the pandemic.
India Coffee Machine Market Assessment, Opportunities and Forecast, FY2016-FY2030: Report Scope: Report Scope
“India Coffee Machine Market Assessment, Opportunities and Forecast, FY2016-FY2030: Report Scope, FY2016-FY2030F”, is a comprehensive report by Market Xcel, providing in-depth analysis and qualitative and quantitative assessment of the market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities and forecast between FY2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
Report Attribute |
Details |
Base Year of the Analysis |
FY2022 |
Historical Period |
FY2016-FY2022 |
Forecast Period |
FY2023-FY2030 |
Market Size in FY2022 |
USD 165.45 million |
Projected Growth Rate |
CAGR of 8.39% from FY2023-FY2030 |
Revenue Forecast in FY2030 |
USD 315.20 million |
Units |
Revenue in USD and Volume in Units |
Segments Covered |
Type, Technology, End-User, Application, Distribution Channel and Region |
Regions Covered |
|
Key Companies Profiled |
Coffee Day Global Limited, JURA Elektroapparate AG, Miele India Pvt. Ltd., BRG Appliances Limited (Sage Appliances/ Breville), Philips India Ltd. (including Gaggia Milano – same group), Nestlé Nespresso S.A., Häfele India Private Limited, Wonderchef Home Appliances Pvt. Ltd., INALSA Appliances Limited, Havells India Limited, Bajaj Electricals Limited (Morphy Richards), and BSH Home Appliances Ltd. |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfil your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In this report, India Coffee Machine Market has been segmented into the following categories:
1. India Coffee Machine Market, By Type
1.1. Espresso Machine
1.2. Filter/Drip Coffee Machine
1.3. Pod-Based Coffee Machine
1.4. Bean to Cup
2. India Coffee Machine Market, By Technology
2.1. Semi-Automatic
2.2. Fully Automatic
3. India Coffee Machine Market, By End-User
3.1. Domestic
3.2. Commercial
3.2.1.HoReCa (Hotels, Restaurants and Café)
3.2.2.Government Facilities (Railways, Airport, etc.)
3.2.3.Enterprises
3.2.4.Hospitals
3.2.5.Commercial Setups (Shops, Offices, etc.)
3.2.6.Others
4. India Coffee Machine Market, By Application
4.1. Built-In Machine
4.2. Tabletop Machine
5. India Coffee Machine Market, By Distribution Channel
5.1. Online
5.2. Offline
5.2.1.Distributors/Dealers
5.2.2.Multi-Brand Outlets
5.2.3.Others
6. India Coffee Machine Market, By Region
6.1. West
6.2. South
6.3. North and Central
6.4. East
Key Players Landscape and Outlook
The India coffee machine market is expanding quickly, which has sparked fierce rivalry. The market is, nevertheless, dominated by a few renowned companies. In order to capture a significant market share, companies work on new product launches and innovations. For instance, Philips India has introduced three models from the Philips Saeco portfolio which are priced at Rs 13995, Rs 54995, and Rs 74994. All of these devices can assist in making a variety of coffee drinks, including cappuccinos, espressos, lattes, and macchiatos. Furthermore, many companies are working on advanced technology such as WiFi/Bluetooth-enabled smart coffee machines. Smart coffee machines allow the ability to remotely monitor the coffee maker using smartphones.
Key Players Operating in India Coffee Machine Market
· Coffee Day Global Limited
· JURA Elektroapparate AG
· Miele India Pvt. Ltd.
· BRG Appliances Limited (Sage Appliances/ Breville)
· Philips India Ltd. (including Gaggia Milano – same group)
· Nestlé Nespresso S.A.
· Häfele India Private Limited
· Wonderchef Home Appliances Pvt. Ltd.
· INALSA Appliances Limited
· Havells India Limited
· Bajaj Electricals Limited (Morphy Richards)
· BSH Home Appliances Ltd.
Why You Should Buy This Report
Market Xcel reports are based on qualitative and quantitative data collected through ‘on-ground’ primary research interventions. Based on our in-depth research, our reports can also provide granular city/state level market size data. The report includes deeper actionable insights provided by the industry experts & Key Opinion Leaders thus offering cutting-edge business solutions. The forecast data included in the report is based on ‘Drivers based forecasting’ technique ensuring accurate decoding of the future.
If you can't find what you're searching for or have any custom requirements for Global Air Conditioner Market, you may approach our team at info@marketsandata.com
Japan's Artificial Intelligence market has been witnessing notable progress. The Japan Artificial Intelligence market is estimated to achieve a value of USD 15.84 billion by the fiscal year 2031, showing substantial growth from USD 5.95 billion in FY....Read More
Published on
December 2023
3,300
Vietnam Commercial Vehicle Market size was valued at USD 3.07 billion in 2022 which is expected to reach USD 5.84 billion in 2030 with a CAGR of 8.37% for the forecast period between 2023 and 2030. ....Read More
Published on
December 2023
3,300
Japan Internet of Things Market size is valued at USD 11.71 billion in FY2023, expected to reach USD 50.08 billion in FY2031 with a CAGR of 19.92% for the forecast period between FY2024 and FY2031.....Read More
Published on
December 2023
3,300
Japan Ready-To-Eat Food Market is expected to witness a CAGR of 4.03% during the forecast period FY2024-FY2031. The market was valued at USD 8.14 billion in FY2023 and is anticipated to reach USD 11.17 billion by FY2031.....Read More
Published on
December 2023
3,300
Purchase Options
USD ($)
i
1,800
2,000
10%
i
2,904
3,300
12%
i
3,825
4,500
15%
i
5,600
7,000
20%
Tired of Searching?
Looking for Customization?
Some other doubt?
Need insights from a cohort?
REACH US