
Global Electric Coffee Pot Market Size By Type (Satellite Brewers, Decanter Brewers), By Application (Coffee Shops, Restaurants), By Region, And Segment Forecasts, 2023 to 2031
Report Id: 12047 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Electric Coffee Pot Market was valued at USD 3.5 billion in 2023 and is projected to surpass USD 6.8 billion by 2031, growing at a CAGR of 8.2% during the forecast period from 2023 to 2031. The rising consumer preference for convenient and time-saving coffee brewing solutions, increasing coffee consumption globally, and advancements in smart kitchen appliances are fueling the demand for electric coffee pots.
With the integration of IoT-enabled and
smart features, such as app-based control, scheduling, and temperature
adjustment, the electric coffee pot market is undergoing significant
transformation. Additionally, the increasing adoption of energy-efficient and
compact appliances is contributing to market growth, particularly in urban
households and commercial spaces.
Market Drivers:
Rising Coffee Consumption Worldwide:
The global increase in coffee consumption,
particularly in emerging markets, is significantly driving the demand for
electric coffee pots. The rise of coffee culture, specialty coffee shops, and
home brewing trends is further boosting the market.
Growth in Smart and Connected Kitchen
Appliances:
The increasing penetration of IoT-enabled
devices in kitchen appliances, including electric coffee pots with Wi-Fi and
Bluetooth connectivity, is fueling market expansion. Consumers seek
customizable brewing options, voice control compatibility (Alexa, Google
Assistant), and smart scheduling features.
Increasing Demand for Energy-Efficient and
Compact Designs:
Urbanization and smaller kitchen spaces are
prompting consumers to opt for compact, multi-functional, and energy-efficient
electric coffee pots that cater to both single-serve and multiple-cup brewing
preferences.
Market Restraints:
High Initial Cost of Smart Coffee Pots:
While basic electric coffee pots are
affordable, high-end smart coffee makers with advanced features tend to be
expensive, limiting their adoption in price-sensitive markets.
Growing Preference for Alternative Brewing
Methods:
The resurgence of manual brewing techniques
such as pour-over, French press, and AeroPress among coffee enthusiasts could
pose a challenge to electric coffee pot adoption.
Market Opportunities:
Expansion in Emerging Markets:
Developing countries, particularly in
Asia-Pacific and Latin America, are witnessing a rise in coffee consumption and
urbanization, creating lucrative opportunities for electric coffee pot
manufacturers.
Advancements in Sustainable and Eco-Friendly
Products:
With increasing environmental awareness,
manufacturers are focusing on biodegradable coffee filters, energy-efficient
heating elements, and BPA-free materials, presenting growth prospects in the
sustainable appliances sector.
Market
by System Type Insights:
Based on system type, the Drip Coffee
Machine segment dominated the market in 2023 and is expected to retain its
leadership position during the forecast period. The ease of use, affordability,
and ability to brew larger quantities make drip coffee machines a popular
choice among consumers.
However, the Single-Serve Coffee Machine
segment is expected to witness the highest growth rate due to the increasing
demand for personalized and convenient brewing options.
Market
by End-use Insights:
Household Segment:
The household segment holds the largest
market share, driven by increasing home coffee brewing trends and the growing
popularity of smart kitchen appliances.
Commercial Segment:
The commercial sector, including cafés, restaurants,
hotels, and offices, is experiencing steady growth, particularly with automatic
and high-capacity coffee machines that cater to large-scale brewing needs.
Market
by Regional Insights:
North America:
Holds the largest market share, driven by high
per capita coffee consumption and the rapid adoption of smart kitchen
appliances.
Europe:
A key market due to strong coffee culture,
increasing demand for energy-efficient appliances, and the growing preference
for premium and specialty coffee machines.
Asia-Pacific:
Expected to witness the highest CAGR due to
rising coffee consumption in China, India, and Southeast Asia, increasing
urbanization, and changing lifestyle preferences.
Competitive
Scenario:
Key players in the Global Electric Coffee
Pot Market include:
Keurig Dr Pepper Inc.
Breville Group Ltd.
Nestlé Nespresso S.A.
De'Longhi S.p.A.
Hamilton Beach Brands, Inc.
Philips Saeco
Cuisinart (Conair Corporation)
BUNN-O-MATIC Corporation
Krups (Groupe SEB)
Technivorm Moccamaster
These companies are focusing on
technological innovations, sustainability, and expanding their product
offerings to cater to diverse consumer preferences.
Scope
of Work – Global Electric Coffee Pot Market
Report
Metric |
Details |
Market Size (2023) |
USD 3.5 billion |
Market Size (2031) |
USD 6.8 billion |
CAGR (2023-2031) |
8.2% |
Market Segments |
System Type (Drip Coffee Machine,
Single-Serve, Espresso Machine), End-use (Household, Commercial) |
Largest Market |
North America |
Fastest Growing Market |
Asia-Pacific |
Growth Drivers |
Increasing coffee consumption, Smart
appliances adoption, Energy-efficient products demand |
Opportunities |
Sustainable product innovations,
Expansion in emerging markets |
Key
Market Developments:
In 2023, Keurig Dr Pepper Inc. launched a
new AI-powered coffee maker that allows users to customize brew strength and
schedule brewing times via a smartphone app.
Breville Group Ltd. introduced a
next-generation espresso machine with automated milk frothing and temperature
control for specialty coffee lovers.
Nestlé Nespresso S.A. expanded its presence
in emerging markets by launching an affordable single-serve coffee maker
tailored for Asian consumers.
FAQs – Global Electric Coffee Pot Market
What is the current market size of the
Global Electric Coffee Pot Market?
The market was valued at USD 3.5 billion in
2023.
What is the major growth driver of the
Global Electric Coffee Pot Market?
The major driver is the rising demand for
convenient and smart coffee-making solutions.
Which is the largest region during the
forecast period in the Global Electric Coffee Pot Market?
North America holds the largest market
share, while Asia-Pacific is expected to grow at the fastest rate.
Which segment accounted for the largest
market share in the Global Electric Coffee Pot Market?
The Drip Coffee Machine segment accounted
for the largest market share due to its affordability and large brewing
capacity.
Who are the key market players in the
Global Electric Coffee Pot Market?
Leading companies include Keurig Dr Pepper
Inc., Breville Group Ltd., Nestlé Nespresso S.A., De'Longhi S.p.A., Hamilton
Beach, Philips Saeco, and Cuisinart.
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