Technavio has been monitoring the coffee pod machine market and it is poised to grow by 1,428.20 thousand units during 2020-2024, progressing at a CAGR of almost 1% 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. Download a Free Sample Report on COVID-19
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Technavio has announced its latest market research report titled Global Coffee Pod Machine Market 2020-2024 (Graphic: Business Wire)
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Negative and Inferior impact on the coffee pod machine market. The market growth in 2020 is likely to Decrease compared to the market growth in 2019.
Frequently Asked Questions-
Based on segmentation by end-user, which is the leading segment in the market?
The non-commercial segment is expected to be the leading segment based on end-user in the global market during the forecast period.
What are the major trends in the market?
Cost-effectiveness and usability of coffee pod machines is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of almost 1%, the incremental growth of the market is anticipated to be 1,428.20 thousand units.
Who are the top players in the market?
Bunn-O-Matic Corp., Hamilton Beach Brands Holding Co., Jacobs Douwe Egberts BV, Keurig Dr Pepper Inc., Koninklijke Philips NV, Luigi Lavazza Spa, Massimo Zanetti Beverage Group Spa, Melitta Group Co., Morphy Richards Ltd., and Nestle SA are some of the major market participants.
What are the key market drivers and challenges?
Increasing strategic partnerships is one of the major factors driving the market. However, the premium price of coffee pods restraints the market growth.
How big is the Europe market?
The Europe region will contribute 37% of market growth.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Bunn-O-Matic Corp., Hamilton Beach Brands Holding Co., Jacobs Douwe Egberts BV, Keurig Dr Pepper Inc., Koninklijke Philips NV, Luigi Lavazza Spa, Massimo Zanetti Beverage Group Spa, Melitta Group Co., Morphy Richards Ltd., and Nestle SA are some of the major market participants. The increasing strategic partnerships will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this coffee pod machine market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Coffee Pod Machine Market 2020-2024: Segmentation
Coffee Pod Machine Market is segmented as below:
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Coffee Pod Machine 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 coffee pod machine market report covers the following areas:
Coffee Pod Machine Market Size
Coffee Pod Machine Market Trends
Coffee Pod Machine Market Analysis
This study identifies the cost-effectiveness and usability of coffee pod machines as one of the prime reasons driving the coffee pod machine 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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Coffee Pod Machine Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist coffee pod machine market growth during the next five years
Estimation of the coffee pod machine market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the coffee pod machine market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of coffee pod machine market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019-2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user by Volume
Comparison by End-user by volume
Non-commercial - Market size and forecast 2019-2024
Commercial - Market size and forecast 2019-2024
Market opportunity by End-user by volume
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
Hamilton Beach Brands Holding Co.
Jacobs Douwe Egberts BV
Keurig Dr Pepper Inc.
Koninklijke Philips NV
Luigi Lavazza Spa
Massimo Zanetti Beverage Group Spa
Melitta Group Co.
Morphy Richards Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201025005011/en/