Automatic Expresso Machines Market
Automatic Expresso Machines Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0828
Segments Covered
By
Product Semi-automatic Espresso Machines, Fully-automatic Espresso Machines
-
By
Application Residential, Commercial, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1.15 Billion |
 Revenue 2028:
|
1.98 Billion |
 Revenue CAGR
(2021 - 2028): |
7 |
Fastest Growing Region (2022 -
2028)
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
FAQ
Frequently Asked Question
What is the global demand for Automatic Expresso Machines in terms of revenue?
-
The global Automatic Expresso Machines valued at 1.15 Billion in 2020 and is expected to reach 1.98 Billion in 2028 growing at a CAGR of 7%.
Which are the prominent players in the market?
-
The prominent players in the market are Cuisinart, Philips, Gaggia, DeLonghi, Krups, Hamilton Beach, Illy, Nespresso, Jura, Breville..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automatic Expresso Machines include
- Shifting consumer preferences towards the smart home technology in a household on account of its high level of convenience and luxury is expected to play a key role in expanding the market size.
- Higher disposal income is generating the huge demand is emerging as a strong factor for the market growth.
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Automatic Expresso Machines in 2020.
