Europe Built-in Coffee Machine Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2022 2032

 

According to a recent report by Future Market Insights (FMI), the Europe built-in coffee machine market is expected to surpass a valuation of US$ 2 Bn in 2022, with sales growing at a 4.9% CAGR through 2032.

Surging demand for automated kitchen appliances, along with growing popularity of brewing coffee at home using authentic techniques is boosting sales of built-in coffee machines in Europe. Manufacturers are developing new features and upgrading their manufacturing processes to offer the most innovative models of built-in coffee machines in the market.

By doing so, they aim to meet consumers’ needs and expectations in terms of quality, performance, and serviceability. Most noticeable innovation is the introduction of fully automated built-in coffee machine for domestic purposes.

In order to attract consumers and effectively promote the novelties offered in built-in coffee machines, manufacturers are promising barista-quality coffee blends at home which will be similar to the coffee offered at the commercial places.

Further, features such as dose control grinding, hands-free operation, and a great steamer for micro-foam milk texturing, etc., are further driving sales of built-in coffee machines for at-home use.

Besides this, demand for built-in coffee machines has increased due to growing need for high-quality coffee machines that are simple to use and exceptionally reliable in the long run. Manufacturers are launching innovative coffee machine models at online retail channels amid rising preference for online retail, which, in turn, is augmenting the growth in the market.

“Surging demand for IoT-based coffee machines with smartphone connectivity, along with rising trend of miniaturized home and kitchen appliances will continue pushing sales of built-in coffee machines in Europe,” says an FMI analyst.

Key Takeaways:

  • Based on water tank capacity, demand in the 1-1.5L segment is projected to grow at a 3.5% CAGR over the forecast period.
  • By power, the 1500W-2000W segment will account for 37.1% of the total market share by 2032.
  • In terms of connectivity, sales in the home connectivity segment will increase at a 6.2% CAGR over the assessment period.
  • Demand in the Germany built-in coffee machine market is slated to surge at a 3.3% CAGR over the forecast period.
  • Italy will emerge as an attractive pocket, with demand growing at a 6.5% CAGR through 2032.

Who is winning?

Leading manufacturers of Europe built-in coffee machine are introducing machines based upon the regional interests and further advertising them to drive sales of Europe built-in coffee machine.

Major players present in the Europe built-in coffee machine market are Bosch (BSH Home Appliances Ltd), Jenn Air (Whirlpool Corporation), Wolf (Sub Zero Group, Inc.), Ariston (Ariston Group), Fisher & Paykel (Fisher & Paykel Appliances Ltd.),Thermador (BSH Home Appliances Ltd), Kupperbusch, Gaggenau (BSH Hausgeräte GmbH), Meneghetti S.p.A Fulgor Milano, Neff (BSH Home Appliances Ltd.), AEG (AB Electrolux), Whirlpool Corporation, Miele, Smeg, Indesit Company, and Electrolux among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Europe built-in coffee machine market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Europe built-in coffee machine market based on the Water Tank Capacity (Below 1L, 1L-1.5L, 1.5L-2L, and Above 2L), Power (Below 1500W, 1500W – 2000W, and Above 2000W), Price Range (Below US$3,000, US$3,000 - US$3,500, US$3,500 - US$4,000, and Above US$4,000), Connectivity (Home Connectivity and Non-home Connectivity), Sales Channel (Direct Sales and Indirect Sales), across Europe.

Browse Full Report at :  https://www.futuremarketinsights.com/reports/europe-built-in-coffee-machine-market

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