Enjoy complimentary customisation on priority with our Enterprise License!
The office and commercial coffee equipment and supplies market size is forecast to increase by USD 5.41 billion at a CAGR of 3.43% between 2023 and 2028. The market is experiencing significant expansion, driven by various factors. Notably, the increasing number of office spaces and commercial establishments fuels market growth. Additionally, the proliferation of food service and cafe chains amplifies demand for high-quality coffee equipment and supplies. Product innovation and the resulting trend toward product premiumization further bolster market expansion. These elements collectively contribute to a robust and dynamic market landscape. It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
To learn more about this report, View Report Sample
In the vibrant landscape of coffee consumption, commercial coffee makers stand as pillars of the specialty coffee movement, catering to discerning palates and elevating the premium coffee experience. With advancements in brewing technologies and coffee-making technology, establishments now offer self-service alternatives with energy-efficient models and smart coffee machines. From office coffee services to food stalls, these machines provide a much-needed caffeine boost, combating lethargy and enhancing mental acuity. Whether manual, semi-automated, or fully automated, these devices grace the corridors of hotels, restaurants, and specialty stores, while also finding homes in supermarkets and online stores, embodying the essence of the modern coffee culture. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing number of office spaces and commercial establishments is a key factor driving the growth of the market. The demand for office and commercial coffee equipment and supplies 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 the globe. A rise in the number of technological parks and business parks has fueled the demand for office supplies and equipment, which is expected to increase further during the next five years. As a result, the demand for office and commercial coffee equipment and supplies has increased across the globe.
Moreover, the growth in the commercial leasing industry, which includes renting retail buildings, office buildings, and industrial buildings, has also contributed to the increased demand for office and commercial coffee equipment and supplies in the region. Offices are the major consumers of office and commercial coffee equipment and supplies. Therefore, the growth in the number of offices and tech parks will drive the demand for office and commercial coffee equipment and supplies across the globe during the forecast period.
Increased adoption of sustainable manufacturing by vendors is the primary trend in the market growth. Office and commercial coffee equipment and supplies are manufactured from durable materials, including high-grade plastic and metals (steel and iron). The manufacturing of these products requires an ample amount of water and electricity and other raw materials for packaging. This leads to the generation of huge amounts of industrial waste, especially chemicals, which contribute to environmental pollution. The waste generated during the manufacturing of office and commercial coffee equipment and supplies is generally sent to landfill sites or remains unrecycled at dump yards. Therefore, companies are taking initiatives and joining sustainability associations to adopt sustainable manufacturing processes.
The adoption of sustainable manufacturing practices by vendors ensures that all their products will be manufactured using eco-friendly methods. The adoption of sustainable manufacturing processes also provides vendors with a positive brand value among customers, especially commercial users. This will increase the adoption of office and commercial coffee equipment and supplies among environment-conscious consumers, which will drive the growth of the market during the forecast period.
A long product life cycle is a major challenge to the growth of the market. Office equipment and supplies such as coffee equipment from major market players are known for their reliability and quality. They are made of stainless steel or hard and durable metals and are characterized by a long replacement cycle. Coffee machines are known to last as long as 15 years. Coffee machines in contact with humidity during cleaning and maintenance can get damaged due to rusting. To avoid such risks, vendors make coffee equipment with stainless steel or high-grade plastic materials, which make these appliances lightweight and durable. They also invest in R&D and use innovative and durable materials to extend the operational life of these appliances.
The long replacement cycle of coffee equipment limits the year-over-year growth of the market. Coffee equipment manufacturers offer product warranties and guarantees, which further extend the lifespan of these appliances and limit repeat purchases. Furthermore, the need to adhere to industry regulations and norms enhances the durability of products. The low maintenance requirement of coffee equipment also reduces the frequency of product purchases. These factors are likely to hinder the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Animo. Eu - The company offers office and commercial coffee equipment and supplies such as coffee machines, and coffee makers.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth by the offices segment will be significant during the forecast period. The office segment is the largest end-user segment of the market. Offices install different types of coffee machines with different capacities (single-serve, multi-serve, brewers, and espresso machines) based on their requirements. Many corporate offices adopt espresso coffee machines which are automatic and can be used by the employees without any hassle. Automatic espresso coffee machines with multiple menu options with respect to coffee making are high in demand in office spaces. Therefore, vendors in the market are offering office coffee machines with the above-mentioned attributes. Such products are expected to gain traction among offices during the forecast period.
Get a glance at the market contribution of various segments View the PDF Sample
The offices segment was valued at USD 12.71 billion in 2018. With the increasing number of office spaces and rising employment rates, the demand for office and commercial coffee equipment and supplies will grow across the globe. Offices are witnessing a major haul of changes led by modernization and changing work culture. This leads to the deployment of several modern pieces of equipment, such as advanced coffee equipment. Technologically advanced office and commercial coffee equipment and supplies 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 office and commercial coffee equipment and supplies across the globe.
For more insights on the market share of various regions Download PDF Sample now!
Europeis estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Another Region offering significant growth opportunities to companies in North America. The market in Europe is expected to grow at a steady rate during the forecast period. In Europe, office and commercial coffee equipment and supplies will witness slow adoption because of the maturing and stagnating office and commercial equipment and supplies market in the region. The office and commercial coffee equipment and supplies market in Europe is characterized by replacement sales. However, the introduction of technologically advanced products, the strong brand value of products, and the high adoption of smart and energy-efficient coffee machines are expected to fuel the growth of the market in the region during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
You may also be interested in
1. Commercial Espresso Machines Market:-Commercial Espresso Machines Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, China, Italy, Germany, France
2. Coffee Machine Market:-Coffee Machine Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, Canada, China, UK, Italy - Size and Forecast
3. Capsule Coffee Machine Market:-Capsule Coffee Machine Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast
As Cafes culture thrives, the demand for quality coffee experiences extends to aviation. Mirroring the trend towards organic coffee and eco-friendly materials, airlines embrace sustainable practices in their commercial aircraft seating. From renowned coffee chains, to in-flight offerings, passengers enjoy a plethora of options, including non-espresso choices like cold brew and pour-over systems. Equipped with bean-to-cup and capsule pod coffee machines, aircraft cater to diverse preferences. Whether through traditional espresso machines or fully automatic systems with Bluetooth and Wi-Fi connectivity, airlines prioritize providing a stimulating experience, enhancing passengers' energy levels and cognitive function.
Furthermore, Just as skilled baristas craft beverages in cafés, aircraft kitchens and beverage vending machines deliver refreshing beverages, ensuring comfort and satisfaction in the skies for travelers and crew alike. In-flight coffee experiences soar with diverse options like non-espresso beverages from bean-to-cup and automatic coffee machines. From filter coffee to concentrated coffee drinks, airlines cater to passengers' needs, offering a stimulating stimulant that enhances stamina and serves as a productivity enhancer.
Market Scope |
|
Report Coverage |
Details |
Page number |
193 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.43% |
Market Growth 2024-2028 |
USD 5.41 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
3.27 |
Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 42% |
Key countries |
US, China, Germany, France, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Animo B.V., Bunn O Matic Corp., Clive Coffee, Coffee Day Enterprises Ltd., Danone SA, DeLonghi Group, Farmer Bros Co., Hamilton Beach Brands Holding Co., JURA Elektroapparate AG, Kaapi Machines India Pvt. Ltd., Keurig Green Mountain Inc., Koninklijke Philips N.V., LUIGI LAVAZZA S.p.A., Massimo Zanetti Beverage Group Spa, Nestle SA, Newell Brands Inc., Rhea Vendors Group Spa, SEB Developpement SA, Simonelli Group Spa, and The Coca Cola Co. |
Market dynamics |
Parent market analysis, Market forecasting, 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 market 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 market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 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.