The Coffee Server Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Coffee Server Global Market Report 2024, The coffee servers market size has grown strongly in recent years. It will grow from $1.84 billion in 2023 to $1.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing consumer preference for specialty coffee, increasing demand for coffee servers for home use, increasing need for precision and control, and increasing demand for coffee servers with diverse features and designs.
The coffee servers market size is expected to see strong growth in the next few years. It will grow to $2.55 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising personal disposable income, home brewing, sustainable practices, expansion of the hospitality industry, and proliferation of specialty coffee shops. Major trends in the forecast period include enhanced brewing technologies, built-in grinders, and milk frothers, personalization and customization, mobile integration, and AI-powered brewing.
The rise of remote work is expected to propel the growth of the coffee server market going forward. Remote work refers to performing job duties from a location outside the traditional office environment, typically facilitated by digital technology. The increasing use of remote work is primarily driven by advancements in technology, changing attitudes toward work-life balance, cost savings for employers, and the desire for flexibility among employees. As more people work remotely, they seek to replicate the café experience by investing in quality coffee-making equipment, including coffee servers, to enjoy freshly brewed coffee throughout the day. For instance, in April 2023, according to the US Bureau of Labor Statistics, there was the biggest increase occurred during 2022 when the percentage of establishments with employees who teleworked all the time grew from 37.4% in 2021 to 42.2%. Therefore, the rise of remote work is driving the growth of the coffee server market.
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The coffee server market covered in this report is segmented –
1) By Material: Glass, Stainless Steel, Porcelain
2) By Capacity: Up To 100ml, 100ml To 300ml, 300ml To 500ml, 500ml To 700ml, Above 700ml
3) By Price: Low, Medium, High
4) By Distribution Channel: Online, Offline
5) By End User: Residential, Commercial
Major companies operating in the coffee server market are focusing on developing innovative products, such as ceramic-coated coffee servers, to gain a competitive edge in the market. Ceramic-coated coffee servers are vessels coated from ceramic materials designed to hold and serve brewed coffee. For instance, in February 2024, HARIO., a Japan-based glassware company, launched a new product called the Double-Walled Thermal Pot with Ceramic Coating. This innovative coffee pot features a ceramic coating that enhances its thermal insulation properties, making it ideal for maintaining the temperature of beverages. The product is designed to provide a stylish and functional option for coffee enthusiasts looking to enjoy their drinks at the perfect temperature for longer periods of time.
The coffee server market report table of contents includes:
1. Executive Summary
2. Coffee Server Market Characteristics
3. Coffee Server Market Trends And Strategies
4. Coffee Server Market – Macro Economic Scenario
5. Global Coffee Server Market Size and Growth
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32. Global Coffee Server Market Competitive Benchmarking
33. Global Coffee Server Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Coffee Server Market
35. Coffee Server Market Future Outlook and Potential Analysis
36. Appendix
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