Office and Commercial Coffee Equipment and Supplies Market in North America by End-user, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

The office and commercial coffee equipment and supplies market share is expected to increase by USD 1.87 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.53%.

This office and commercial coffee equipment and supplies 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 office and commercial coffee equipment and supplies market segmentations by end user (offices, healthcare and hospitality, education, and others), distribution channel (offline and online), and geography (US and Canada). The office and commercial coffee equipment and supplies market report also offers information on several market vendors, including Bunn-O-Matic Corp., Coffee Day Enterprises Ltd., DeLonghi Spa, Farmer Bros Co., Groupe SEB, Hamilton Beach Brands Holding Co., Luigi Lavazza Spa, Nestle SA, Newell Brands Inc., and Royal Cup Inc. among others.

What will the Office And Commercial Coffee Equipment And Supplies Market Size be During the Forecast Period?

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Office And Commercial Coffee Equipment And Supplies Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing number of office spaces and commercial establishments is notably driving the office and commercial coffee equipment and supplies market growth, although factors such as possible health implications of caffeine may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the office and commercial coffee equipment and supplies industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Office And Commercial Coffee Equipment And Supplies Market Driver

The growing number of office spaces and commercial establishments is a major factor driving the office and commercial coffee equipment and supplies (OCCES) market share growth in North America. The demand for OCCES is led by an increase in the number of office spaces and commercial establishments. The introduction of multinational companies has led to a rise in the number of employees and office spaces across North America. Favorable government policies for end-user industries and the increasing number of multinationals, especially in developing countries such as China and India, have triggered the entry of foreign players in the office and commercial coffee equipment and supplies market in North America. Growth in the commercial leasing industry, which includes renting retail buildings, office buildings, and industrial buildings, has also contributed to the increased demand for OCCES in the region. Offices are the major consumers of OCCES. Therefore, the growth in the number of offices and tech parks will drive the demand for OCCES across North America. This growth indicates the expansion of businesses, which consecutively drives the growth of office equipment and supplies such as OCCES across North America.

Key Office And Commercial Coffee Equipment And Supplies Market Trend

The rising demand for fully automated coffee dispensing machines is another factor supporting the office and commercial coffee equipment and supplies market share growth in North America. Therefore, the growth in the number of offices and tech parks will drive the demand for OCCES across North America. The growth in demand for office spaces across North America is led by an increase in employment, especially in the service sector. Office spaces are getting filled rapidly in cities such as Phoenix, Silicon Valley, Austin, San Francisco, Seattle, Boston, Houston. This growth indicates the expansion of businesses, which consecutively drives the growth of office equipment and supplies such as OCCES across North America. Factors such as the growing consumption of coffee and the increasing number of new coffee shops in North America have been contributing to the increasing demand for commercial coffee equipment and supplies. Various specialty coffee shops are enhancing their consumer base by offering several various types of coffees and blended beverages. Therefore, the availability of such customization options is expected to drive the growth of the market in focus during the forecast period.

Key Office And Commercial Coffee Equipment And Supplies Market Challenge

The possible health implications of caffeine will be a major challenge for the office and commercial coffee equipment and supplies market share growth in North America. Health concerns associated with the consumption of caffeine can negatively impact the demand for coffee creamers during the forecast period. Some health impacts of caffeine consumption are mentioned below: Excessive caffeine increases anxiety and disrupts sleep patterns, leading to insomnia. Caffeine increases blood sugar levels, making it difficult for consumers with type-2 diabetes to manage insulin levels. Caffeine blocks the absorption of magnesium, a key mineral essential for regulating and ensuring healthy bowel movement by the colon. Hence, it slows the digestion of foods. Caffeine consumption can lead to dehydration. The high consumption of caffeine stimulates the nervous system and causes irritability, anxiety, agitation, headaches, palpitations, and dizziness. Therefore, the above-mentioned possible side effects of caffeine can affect the sales of coffee supplies in the office and commercial establishments during the forecast period.

This office and commercial coffee equipment and supplies 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.

Parent Market Analysis

Technavio categorizes the office and commercial coffee equipment and supplies market in North America as a part of the global office services and supplies 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 office and commercial coffee equipment and supplies market during the forecast period.

Who are the Major Office And Commercial Coffee Equipment And Supplies Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Bunn-O-Matic Corp.
• Coffee Day Enterprises Ltd.
• DeLonghi Spa
• Farmer Bros Co.
• Groupe SEB
• Hamilton Beach Brands Holding Co.
• Luigi Lavazza Spa
• Nestle SA
• Newell Brands Inc.
• Royal Cup Inc.

This statistical study of the office and commercial coffee equipment and supplies market encompasses successful business strategies deployed by the key vendors. The office and commercial coffee equipment and supplies market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Bunn-O-Matic Corp.- The company offers office and commercial coffee equipment and supplies that is IOT enabled with advanced temperature control, under the brand name of INDUS Plus.

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 office and commercial coffee equipment and supplies 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.

Office And Commercial Coffee Equipment And Supplies Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the office and commercial coffee equipment and supplies 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 global office services and supplies market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

What are the Revenue-generating End User Segments in the Office And Commercial Coffee Equipment And Supplies Market?

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The office and commercial coffee equipment and supplies market share growth by the offices segment will be significant during the forecast period. With the increasing number of office spaces and rising employment rates, the demand for OCCES will grow across North America. Offices have been witnessing a major haul of changes led by modernization and changing work culture, which leads to the deployment of several modern types of equipment, such as advanced coffee equipment. Technologically advanced OCCES offer convenience to users, and their high price value brings growth avenues for vendors offering these products. In addition, the growing number of tech parks and corporate offices is driving the demand for OCCES across North America.

This report provides an accurate prediction of the contribution of all the segments to the growth of the office and commercial coffee equipment and supplies market size and actionable market insights on post COVID-19 impact on each segment.

 

Office And Commercial Coffee Equipment And Supplies Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 4.53%
Market growth 2021-2025	$ 1.87 billion
Market structure	Fragmented
YoY growth (%)	2.97
Regional analysis	US and Canada
Performing market contribution	US at 71%
Key consumer countries	US and Canada
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Bunn-O-Matic Corp., Coffee Day Enterprises Ltd., DeLonghi Spa, Farmer Bros Co., Groupe SEB, Hamilton Beach Brands Holding Co., Luigi Lavazza Spa, Nestle SA, Newell Brands Inc., and Royal Cup Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Office And Commercial Coffee Equipment And Supplies Market In Regional Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive office and commercial coffee equipment and supplies market growth during the next five years
• Precise estimation of the office and commercial coffee equipment and supplies market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the office and commercial coffee equipment and supplies industry across US and Canada
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of office and commercial coffee equipment and supplies market vendors

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