Report

GCC Coffee Machine Market Research Report: Forecast (2023-2028)

  • Publish Date: Apr,2023
  • Report ID: 16-13-1202
  • Page : 200
  • Report Type : PDF (Email)
Market Definition: A coffee machine is a device used to make coffee in homes, businesses, factories, and other places. The machine uses coffee powder and boiled water to make coffee. The coffee machine heats the water inside the chamber before brewing by manually inserting the coffee powder and cold water. Coffee machines will continue to be in high demand in the coming years as more people use them for personal or business consumption in homes, businesses, restaurants, and other establishments.

Insights into the Market The GCC Coffee Machine market is expected to expand at a CAGR of approximately 5.19 percent from 2023 to 28 because of the rising consumption of coffee throughout the region. The GCC region's residential, commercial, and public infrastructures have demonstrated the greatest demand for coffee. As a result, the increasing construction of these infrastructures would necessitate the use of a coffee machine to provide individual, employee, and customer coffee. The people at these spots have been requesting espresso to eliminate pressure and lift their energy levels for playing out their errands proficiently. Additionally, coffee with caffeine, a central nervous system stimulant, is well-known for its ability to combat fatigue and boost energy levels. Additionally, the introduction of organic and green coffee in the region resulted in a significant increase in demand for coffee machines among end users.

Alongside this, the flooding vacationer convergence in the district, attributable to the presence of differentiated vacation spot places, for example, amusement parks, aquariums, exhibition halls, legacy locales, and so on., would increase coffee consumption even more in GCC nations. In addition, coffee has been consumed in public locations like airports, railway stations, and metro stations. At these locations, people prefer to refuel themselves with coffee while they wait for trains or flights.

As a result, a greater number of restaurants, cafes, coffee shops, and other establishments opened, in the region, which in turn fueled the GCC's demand for coffee makers. As a result, it is anticipated that the GCC coffee machine market will experience significant expansion between the years 2023 and 2028.

The use of smart coffee machines that integrate Bluetooth, Wi-Fi, and artificial intelligence (AI) is a recent trend in the GCC Coffee Machine market. This is a key trend in the market. Adoption of smart coffee machines with Bluetooth or Wi-Fi connectivity has been observed in the region. Smart devices could be used to control the coffee machines, allowing customers to choose how they want their coffee prepared. Customers are able to monitor the amount of water, coffee beans, and flavors in the coffee machine and determine their caffeine intake thanks to the coffee machines' connectivity with smart devices.

The coffee maker could also prepare the coffee according to the customers' predetermined schedule or routine. Because of their intelligent features and the high level of disposable income among the population of the regional countries, the use of smart coffee machines is expected to rise in the coming years.

Segmentation of the Market by Type of Machine:

Drip Coffee Machine Steam Coffee Machine Capsule Coffee Machine Other During this time period, the Drip Coffee Machine gained a sizable share of the GCC Coffee Machine market. Due to their re-use feature, drip coffee machines have been overwhelmingly preferred by customers. The fact that several machine parts, like filters and cones, can be used again boosts demand for drip coffee machines. Additionally, it is anticipated that the expansion of the region's Coffee Machine market will be fueled by the incorporation of new technologies into drip coffee machines.

In contrast to other coffee machines, the Capsule Coffee Machine is expected to boost market growth in the coming years due to its simplicity of use, light weight, and low price. In addition, in the coming years, more residential customers will choose capsule coffee machines due to their lower energy consumption and maintenance costs.

Based on the Channel of Distribution:

Direct Deals
Discount/Retailers
On the web
Among them, the Discount/Retailers caught a prominent portion of the GCC Espresso Machine market during the verifiable period. Clients normally really like to buy the espresso machine from wholesalers or retailers which offer many choices to look over different brands, like Settle, Electrolux, Panasonic, and so forth., at a single retail location. Additionally, when purchasing coffee machines, the wholesaler or retailer offers various discounts.

As a result, the wholesaler's or retailer's presence in the GCC Coffee Machine market will increase during the forecast period due to the availability of more options and the ability to compare prices for various models and brands of coffee machines.

Based on the final user:

Lodgings
Eateries and Bistro
Corporates and Foundations
Private
Retail Shopping centers
Of them, Corporates and Foundations and Lodgings held an extensive portion of the GCC Espresso Machine market. One of the main drivers of the demand for coffee machines in hotels and corporate offices is the growing taste and preference for coffee consumption. Coffee's popularity in these industries is also driven by the growing demand for non-alcoholic beverages among millennials, consumer awareness of low-sugar beverages, and hectic work schedules.

Employees who drink coffee report less stress at work and less travel-induced fatigue among tourists. In order to provide employees and tourists with superior beverages and refreshments, there has been an increase in demand for coffee machines. During the forecast period, the installation of coffee machines in hotels would also be further driven by the rising hotel construction caused by the increasing number of tourists.

Landscape by Region Geographically, the GCC Coffee Machine Market spans:

The UAE, Saudi Arabia, Oman, Qatar, Kuwait, and Bahrain were the only other countries in the GCC to see significant growth in the GCC Coffee Machine market during the previous year. This was due to a shift in consumer preferences for coffee and the country's population's busy lifestyle. Additionally, there has been an increase in the demand for coffee machines as a result of the rising popularity among young people of blended and flavored coffee.

Additionally, there has been an increase in coffee demand as a result of the rising number of expatriates in the country. In addition, consumers have adopted coffee as a daily habit due to its various health benefits, flavor, and capacity to alleviate stress. For example:

In the second from last quarter of 2017, around 1,104 structures were developed in Abu Dhabi, most of which were named private.
Contracts for the construction of 25 waterfront residential buildings in Dubai, United Arab Emirates, were awarded in 2021 by Mohammed Bin Rashid City (MBR City) ? District One, which is a component of the Meydan master development. A total of around 1,464 apartments would be built as part of the construction project.
As a result, the rise in residential and industrial construction, in brand-new towns and cities has increased the UAE's coffee machine demand even more.

In addition, the growth of tourist destinations, leisure, entertainment, and corporate offices would present an opportunity to increase demand for coffee machines in hotels, restaurants, and cafes, to satisfy individual coffee needs.

Recent Changes Made by Leading Businesses in 2020: In the United Arab Emirates, Nescafe Dolce Gusto introduced the ESPERTA smart coffee machine. Through Bluetooth, this machine can be connected to the NESCAFE Dolce Gusto App. The coffee machine has two fermenting modes - Coffee Lift and Sensitive Brew.
2019: Nespresso introduced the Vertuo Coffee Machine in the GCC region. The machine is available in four different capacities: the Alto (414 milliliters), the Mug (230 milliliters), the Gran Lungos (150 milliliters), and, of course, the Double Espresso (80 milliliters) and Espresso (40 milliliters).
Trends in the Market:

Growth Factor: The growing influence of western culture and the rising popularity of coffee products like espressos and coffee pods among the working class and middle-aged population have resulted in an enormous demand for coffee in the GCC, which would be driven by expansion in the residential and commercial sectors. UAE, Saudi Arabia, Kuwait, and other GCC nations have taken steps to shift their economies away from the oil and gas sector and toward the commercial, information technology, e-commerce, and tourism sectors.

A wide variety of residential buildings, corporate offices, shopping malls, hotels, and other establishments have increased as a result of these industries' expansion. which has increased the demand for coffee as a result of the increase in workers and tourists. Coffee has become increasingly popular among tourists from all over the world, particularly from Europe and the United States, which has led to an increase in the use of coffee machines in the region. In order to provide individuals in these sectors with hospitality and refreshment services, coffee machines were required in these infrastructures.

As a result, the GCC Coffee Machine market will grow in the coming years as the regional countries meet their goal of economic diversification by expanding in construction, tourism, IT, and other fields.

Possible Limitation: The High Maintenance Cost of the Machine May Have Held Back Market Growth One of the Possible Factors That May Have Held Back Market Growth is the High Maintenance Cost of the Machine. Descaling product costs, repair and spare parts costs, technician or labor costs, transportation costs, and on-site callout fees are all frequent machine maintenance expenses. It is challenging for the population of the GCC countries to devote both time and resources to the upkeep of the devices due to their hectic lifestyles. As a result, the customer is more likely to avoid using coffee makers at home.

The Market Research Report Provides Answers to These Key Questions:

What are the GCC Coffee Machine Market's overall statistics or estimates (Overview, Size-by-Value, Forecast Numbers, Segmentation, and Shares)?
What are the industry's size, growth factors, and obstacles by country?
In the GCC Coffee Machine Market, what are the most important innovations, opportunities, trends now and in the future, and regulations?
Based on the competitive benchmarking matrix, who are the key competitors, what are their key strengths and weaknesses, and how do they perform in the GCC Coffee Machine Market?
What are the most important outcomes of the surveys that were carried out as part of the GCC Coffee Machine Market study?