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The commercial coffee brewer market share is expected to increase by USD 121.56 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 7%.
This commercial coffee brewer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the commercial coffee brewer market segmentation by product (satellite coffee brewer, decanter coffee brewer, airpot coffee brewer, and coffee urns) and geography (North America, Europe, South America, MEA, and APAC). The commercial coffee brewer market report also offers information on several market vendors, including 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. among others.
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The massive expansion plans of coffee chains are notably driving the commercial coffee brewer market growth, although factors such as the growing availability of pre-used commercial coffee brewers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial coffee brewer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Commercial Coffee Brewer Market Driver
The massive expansion plans of coffee chains are a major factor driving the global commercial coffee brewer market share growth. The expansion of various coffee chains and independent coffee shops can directly impact the market growth of commercial coffee brewers during the forecast period. Few expansion plans of coffee chains for the forecast period are as follows:
Key Commercial Coffee Brewer Market Trend
The growing availability of commercial coffee brewers with energy-efficient features is another factor supporting the global commercial coffee brewer market share growth. The US EPA introduced the specifications required for getting a commercial coffee brewer ENERGY STAR certified in 2016. Commercial coffee brewers that are used for high volume production and are designed such that they help in saving energy costs claim to consume up to 35% less energy compared with the conventional models. Hence, manufacturers are focusing on including energy-saving features in commercial coffee brewers by offering special energy-saving modes in the equipment. For instance, BUNN-O-Matic offers the Axiom series of commercial coffee brewers with energy-saving features. Similarly, Electrolux offers digital airpot coffee brewers with energy-saving sleeping mode by the brand Grindmaster-Cecilware. The preference for commercial coffee brewers with energy-efficient features is significantly increasing among the end-users. In addition to minimizing energy consumption, they also offer benefits such as lower utility costs and a low carbon footprint. Due to such reasons, the market will continue to grow during the forecast period.
Key Commercial Coffee Brewer Market Challenge
The growing availability of pre-used commercial coffee brewers will be a major challenge for the global commercial coffee blender market share growth during the forecast period. Some food service establishments prefer purchasing pre-used commercial coffee brewers that offer high-quality coffee and allow foodservice establishment owners to save on equipment purchase costs. For instance, a pre-used Axiom series commercial automatic coffee brewer, offered by BUNN-O-Matic, can be availed at a price of around $350, while the market price for the new unit of the same model is around $1,300.The online market for pre-used commercial coffee brewers is expanding in countries such as the US, India, Australia, and South Africa. eBay and Burkett Restaurant Equipment are some popular online marketplaces that sell used commercial coffee brewers. eBay offers pre-used commercial coffee brewers in various countries such as the US, India, and Australia. Therefore, the growing preference and increased sales of pre-used commercial coffee brewers are expected to hinder the sales of new units, thereby restricting the growth of the market during the coming years.
This commercial coffee brewer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global commercial coffee brewer market as a part of the global household appliances market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial coffee brewer market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the commercial coffee brewer market encompasses successful business strategies deployed by the key vendors. The commercial coffee brewer market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The commercial coffee brewer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the commercial coffee brewer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global household appliances market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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