India Automatic Coffee Machine Market Size, Share, Report 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India automatic coffee machine market size to grow at a steady CAGR of 5.21% during the forecast period between 2023 and 2029. The growing commercial and industrial sectors would lead to a high demand for automatic coffee makers across the country. The market for automatic coffee machines is projected to expand from 2023 to 2029 due to the strong demand for sophisticated models, such as those with pre-infusion and pre-grinding features. The industry is also being driven by the popularity of smart coffee makers and other coffee makers with Wi-Fi, touch screens, and timer capabilities. The market for automatic coffee makers is expected to be significantly impacted by the rising demand for instant coffee, particularly among working people nationwide.
India Automatic Coffee Machine Market - Overview
Automatic coffee makers are commonly used in commercial settings including restaurants, cafes, and offices to extract coffee. These appliances are also referred to as super-automated, one-touch, and multifunctional coffee makers. The market is expanding more quickly as a result of rising sales of semi- and fully automatic coffee machines. This is brought on by rising living standards and rising personal disposable money. A crucial part of the modern kitchen, smart coffee makers that are Wi-Fi connected have been developed as a result of manufacturers' efforts to incorporate smart technology into their product lines. Some smart coffee makers can connect to Amazon Alexa, Siri, and Google Home-enabled devices, allowing the user to give the machine instructions from anywhere within the connectivity range and it will do the rest.
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India Automatic Coffee Machine Market – By Type
India automatic coffee Machine market is segmented into three types: Fully Automatic Coffee Machine, Super-Automatic Coffee Machine, and Semi-Automatic Coffee Machine. The semi-automatic coffee machine segment accounts for a majority of market share, with the fully automatic coffee machines segment expected to grow rapidly between 2023 and 2029. Fully automatic machines have centralized bean grinders that grind the exact amount of coffee required for each drink.
Impact of COVID-19 on India Automatic Coffee Machine Market
The pandemic of COVID-19 affected the automatic coffee machine market in India. The government imposed a strict lockdown and halted production due to the COVID-19 pandemic. Sales plummeted to their lowest point during the pandemic as a result of the lockdown. Despite the pandemic's temporary lull, the expansion of commercial infrastructure and mushrooming offices may ensure growth.
Competitive Landscape
India automatic coffee machine market is fiercely competitive. Prominent players in the market include Koninklijke Philips N.V, Keurig Green Mountain, Inc., Delonghi Appliances s.r.I, Nestle Nespresso S.A, Melilla Group, JURA Elektroapparate AG, and BUNN-O-Matic Corporation. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India automatic coffee machine market.
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