Enjoy complimentary customisation on priority with our Enterprise License!
The office and commercial coffee equipment and supplies market share in the US is expected to increase by USD 1.45 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.29%.
This office and commercial coffee equipment and supplies market in the US 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 in the US segmentations by distribution channel (offline and online) and end-user (offices, foodservice outlets, restaurants, and convenience stores, healthcare and hospitality, education, and others). The office and commercial coffee equipment and supplies market in the US report also offers information on several market vendors, including American Vending Services, Bunn O Matic Corp., Farmer Bros Co., Koffee King Beverage and Food Service Co., Luigi Lavazza SpA, Nestle SA, Newell Brands Inc., Panera Brands, Royal Cup Inc., Starbucks Co., The coca cola co., The Kraft Heinz Co., and Hamilton Beach Brands Holding Co. among others.
Download the Free Report Sample to Unlock the Office and Commercial Coffee Equipment and Supplies Market Size in the US for the Forecast Period and Other Important Statistics
The technological and design innovations in coffee brewers leading to product premiumization is notably driving the office and commercial coffee equipment and supplies market growth in the US, although factors such as rising and fluctuating prices of coffee beans 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 office and commercial coffee equipment and supplies industry in the US. 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 in the US
The technological and design innovations in coffee brewers leading to product premiumization is one of the key drivers supporting the office and commercial coffee equipment and supplies market growth in the US. For instance, over the years, the K-Cups coffee roaster has been recognized as the most popular single-serve brewer brand in the US. To maintain its market position, in July 2021, Keurig Green Mountain introduced its new K-Supreme Plus smart brewer, which runs on interactive technology. Recently, the key market vendors have begun investing in innovative coffee makers, like automatic and smart coffee machines, which could further have smartphone connectivity options. Significantly, technological and product innovations contribute to product enhancements. They also aid in the introduction of quality products to the US office & commercial coffee equipment & supplies market, which, in turn, boosts the growth of the market.
Key Office and Commercial Coffee Equipment and Supplies Market Trend in the US
The increase in demand for sustainable coffee solutions is one of the key office and commercial coffee equipment and supplies market trends in the US that is contributing to the market growth. The use of eco-friendly packaging materials and recyclable packaging papers facilitates the incorporation of sustainable trends in the market. Currently, certified biodegradable and unbleached paper coffee pods are in high demand in commercial establishments. The demand for such products is expected to grow rapidly during the forecast period. Moreover, the increased sale of such products eliminates plastic waste to a large extent. The disposal of plastic coffee pods requires wide landfill sites. Such coffee pods contribute to environmental pollution. Thus, these factors will drive the US office & commercial coffee equipment & supplies market growth.
Key Office and Commercial Coffee Equipment and Supplies Market Challenge in the US
The rising and fluctuating prices of coffee beans is one of the factors hindering the office and commercial coffee equipment and supplies market growth in the US. Inconsistency in demand-supply balance, limited production, unfavorable weather conditions, natural disasters, and emerging labor costs contribute to the high prices of coffee beans. Farmers are badly affected by such uncertainties owing to the availability of limited backup resources. Furthermore, the excessive cost of pesticides and fertilizers leads to an increase in production costs of coffee beans. This diminishes the profit margins of vendors. Thus, rising and fluctuating coffee-bean prices lead to uncertainties in the market. This negatively impacts the US office & commercial coffee equipment & supplies market growth.
This office and commercial coffee equipment and supplies market in the US 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 2022-2026.
Technavio categorizes the office and commercial coffee equipment and supplies market in the US 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 in the US 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 office and commercial coffee equipment and supplies market in the US encompasses successful business strategies deployed by the key vendors. The office and commercial coffee equipment and supplies market in the US is concentrated and the vendors are deploying growth strategies such as product quality, service quality, innovation, pricing, and product portfolio to compete in the market.
To make the most of the opportunities and recover from the 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 in the US 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 office and commercial coffee equipment and supplies market in the US, 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.
To gain further insights on the market contribution of various segments Request for a FREE sample
The office and commercial coffee equipment and supplies market share growth in the US by the offline segment will be significant during the forecast period. Offline distribution strategies such as wholesale delivery or provisioning strategies allow vendors to supply products to offices and commercial places, without the service of intermediaries. The rising competition in the market has forced the players to focus on improved distribution strategies to gain revenue. Moreover, wholesale delivery services aid vendors in boosting their revenues and expanding their customer bases. Such strategies boost the profit margins of the vendors. Such strategies followed in offline distribution channels will drive the US office & commercial coffee equipment & supplies market growth.
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 in the US and actionable market insights on the post-COVID-19 impact on each segment.
Office and Commercial Coffee Equipment and Supplies Market Scope in the US |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.29% |
Market growth 2022-2026 |
$ 1.45 billion |
Market structure |
Concentrated |
YoY growth (%) |
4.13 |
Regional analysis |
US |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
American Vending Services, Bunn O Matic Corp., Farmer Bros Co., Koffee King Beverage and Food Service Co., Luigi Lavazza SpA, Nestle SA, Newell Brands Inc., Panera Brands, Royal Cup Inc., Starbucks Co., The coca cola co., The Kraft Heinz Co., and Hamilton Beach Brands Holding Co. |
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, and Market condition analysis for the 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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Distribution Channel
6 Market Segmentation by End-user
7 Customer Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.