Commercial Coffee Brewer Market to Reach USD 34.56 Mn by 2024, AB Electrolux and Ali Group Srl Emerge as Key Contributors to Growth | Technavio

Technavio has been monitoring the global commercial coffee brewer market size and it is poised to grow by USD 34.56 million during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Commercial Coffee Brewer Market 2020-2024 (Graphic: Business Wire).

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Frequently Asked Questions:

• Based on segmentation by product, which is the leading segment in the market?
  
  Commercial satellite coffee brewer is the leading segment in the market.
• What are the major trends in the market?
  
  The growing availability of commercial coffee brewers with energy-efficient features is a key market trend.
• At what rate is the market projected to grow?
  
  The market is expected to grow at a CAGR of about 7% during the forecast period.
• Who are the top players in the market?
  
  AB Electrolux, Ali Group Srl, BRG Appliances Ltd., BUNN-O-MATIC Corp., Conair Corp., Groupe SEB, Hamilton Beach Brands Holding Co., PLAE2TECH Ltd., Smeg Spa, and The Middleby Corp. are some of the major market participants.
• What are the key market drivers?
  
  The increasing focus on introducing new flavors of brewed coffee will offer immense growth opportunities.
• How big is the North America market?

The market in North America is expected to grow by 35% during the forecast period.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. AB Electrolux, Ali Group Srl, BRG Appliances Ltd., BUNN-O-MATIC Corp., Conair Corp., Groupe SEB, Hamilton Beach Brands Holding Co., PLAE2TECH Ltd., Smeg Spa, and The Middleby Corp. are some of the major market participants. The increasing focus on introducing new flavors of brewed coffee will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Commercial Coffee Brewer Market 2020-2024: Segmentation

Commercial Coffee Brewer Market is segmented as below:

• Product
  • Commercial Satellite Coffee Brewer
  • Commercial Decanter Coffee Brewer
  • Commercial Airport Coffee Brewer
  • Commercial Coffee Urns
• Geographic Landscape
  • North America
  • Europe
  • South America
  • APAC
  • MEA

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Commercial Coffee Brewer Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial coffee brewer market report covers the following areas:

• Commercial Coffee Brewer Market Size
• Commercial Coffee Brewer Market Trends
• Commercial Coffee Brewer Market Industry Analysis

This study identifies the growing availability of commercial coffee brewers with energy-efficient features as one of the prime reasons driving the Commercial Coffee Brewer Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Commercial Coffee Brewer Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist commercial coffee brewer market growth during the next five years
• Estimation of the commercial coffee brewer market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the commercial coffee brewer market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of commercial coffee brewer market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Satellite coffee brewer - Market size and forecast 2019-2024
• Decanter coffee brewer - Market size and forecast 2019-2024
• Airpot coffee brewer - Market size and forecast 2019-2024
• Coffee urns - Market size and forecast 2019-2024
• Market opportunity by Product

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AB Electrolux
• Ali Group Srl
• BRG Appliances Ltd.
• BUNN-O-MATIC Corp.
• Conair Corp.
• Groupe SEB
• Hamilton Beach Brands Holding Co.
• PLAE2TECH Ltd.
• Smeg Spa
• The Middleby Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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View source version on businesswire.com: https://www.businesswire.com/news/home/20201015005668/en/