Global Smart Coffee Maker and Kettle Market, By Technology (Wi-Fi-Enabled, Bluetooth-Enabled, Voice Recognized), Power Rating (Up to 1200 W, 1200-1800 W, 1800-3000 W) Application (Commercial, Office, Household, Other), Distribution Channel (Online Sales, Offline Sales) – Industry Trends and Forecast to 2029
Market Analysis and Size
The small kitchen appliances industry is expected to grow rapidly as a result of features such as connected security and intelligent sensors, as well as an emphasis on time-saving and convenience. The shifting consumer preference for technology-driven products is driving the demand for electric and energy-efficient kettles in the kitchen appliances market. It is built with and supported by technologies such as Wi-Fi, Bluetooth, and voice assistance. Since the release of Amazon Echo and Google Home, which can control your home via a smart connection, digital assistance applications such as voice control have grown in popularity.
Data Bridge Market Research analyses that the smart coffee maker and kettle market was valued at USD 340.01 million in 2021 and will reach USD 1432.98 million by 2029, and is growing at a CAGR of 19.7% during the forecast period of 2022 to 2029. "Food and Beverage" accounts for the largest end-use industry segment in the smart coffee maker and kettle market owing to the growth and expansion of the food and beverages industry, especially in the world's developing economies. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
Market Definition
A smart coffee maker and kettle maker is a countertop appliance that brews and warms beverages. Smart kitchen appliance makers comprise the automated smart makers machines. Smart coffee and kettle makers are permitted with Wi-Fi and Bluetooth and can be controlled via a smartphone app. These smart coffee and kettle makers can be used from afar and have the added benefit of allowing the system to be controlled remotely via smart networking..
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (Wi-Fi-Enabled, Bluetooth-Enabled, voice recognized), Power Rating (Up to 1200 W, 1200-1800 W, 1800-3000 W) Application (Commercial, Office, Household, Other), Distribution Channel (Online Sales, Offline Sales)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Behmor, Inc. (Netherlands), Gourmia (U.K), Hamilton Beach Brands, Inc. (Vietnam), JURA Elektroapparate AG (Japan), Koninklijke Philips N.V. (China), Nestlé (U.S), Newell Brands (Spain), Robert Bosch GmbH (Germany), Smarter (India), Keurig Green Mountain, Inc. (Italy), De’Longhi Appliances S.r.l. (France), Electrolux Professional AB (U.S), Melitta Europa GmbH & Co. KG (Spain), Berry Global Inc (Brazil), Merck KGaA (U.S)
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Market Opportunities
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Smart Coffee Maker and Kettle Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Changing customer lifestyle as well as adoption of smart appliance
The increasing adoption of smart homes and smart appliances, the increasing number of innovations in technology, design, and customizable features, remote access convenience, growing consumption of coffee and tea and increasing workplaces, rising levels of disposable income of people, as well as changing consumer lifestyles,
- Ease of accessibility and user friendly
Smart coffee and kettle machines can be accessed via smartphones, and users can control it from anywhere in the house, as well as provide commands from a smartphone, which will further contribute by generating massive opportunities, leading to the growth of the smart coffee maker market in the above-mentioned projected timeframe. Smart coffee and kettle machines can be accessed via smartphones, and users can control it from anywhere in the house, as well as provide commands from a smartphone, which will further contribute by generating massive opportunities, leading to the growth of the smart coffee maker market in the above-mentioned projected timeframe.
Restraints
- App interface issue
An increasing number of app interface issues, as well as a lack of additional product differentiation, will likely act as market restraints for the growth of the smart coffee and kettle maker during the above-mentioned projected timeframe. The easy availability of product substitutes will be the biggest and most pressing challenge to the market's growth.
Opportunities
The smart coffee machines can be accessed through smartphones and users can control it from anywhere inside the house and can also provide commands from a smartphone along with growing working class population which will further contribute by generating massive opportunities that will lead to the growth of the smart coffee maker and kettle market in the above mentioned projected period.
This smart coffee maker and kettle market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the smart coffee maker and kettle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Smart Coffee Maker and Kettle Market
The recent outbreak of coronavirus has critically impacted the Smart Coffee Maker and Kettle market. Almost every sector has been grievously hit by the pandemic and affected the day-to-day work-related functions. As a result, the materials and packaging industry had to bear financial losses, therefore negatively impacting the Smart Coffee Maker and Kettle market.
On the brighter side, the manufacturers are focusing on developing better products, keeping in mind the new market trends to fulfil consumer requirements in the post-pandemic phase. New technological advancements will further help to excel the availability of Smart Coffee Maker and Kettle in the developing and emerging markets post pandemic.
Recent Development
- Breville Group Limited acquired Chefsteps, a food and technology firm based in the United States, to strengthen its R&D segment, with a focus on innovation to benefit consumers and retailers through practical and demonstration videos in the small kitchen appliances market. The market is also being propelled forward by the rapid proliferation of online e-commerce sales channels and the growing number of smart home applications..
Global Smart Coffee Maker and Kettle Market Scope
The smart coffee maker and kettle market is segmented on the basis of technology, power rating, application and distribution channel The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Wi-Fi enabled
- Bluetooth enabled
- Voice recognisition
Power Rating
- 1200
- 1200-1800
- 1800-3000
Application
- commercial
- Office
- Households
- Others
Distribution channel
- Online
- Offline
Smart Coffee Maker and Kettle Market Regional Analysis/Insights
The Smart Coffee Maker and Kettle market is analysed and market size insights and trends are provided by country, technology, power rating, application and distribution channel as referenced above.
The countries covered in the Smart Coffee Maker and Kettle market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Due to the general expansion of coffee culture and the expansion of coffee shops, the United States dominates the North American smart coffee maker market, increasing preferences for coffee consumption among the region's youth population. Due to increasing coffee consumption and workplaces in this region, Germany is expected to have the highest growth rate in the Europe smart coffee maker market during the forecast period of 2021-2028.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart Coffee Maker and Kettle Market Share Analysis
The Smart Coffee Maker and Kettle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Smart Coffee Maker and Kettle market.
Some of the major players operating in the smart coffee maker and kettle market are:
- Behmor, Inc. (Netherlands)
- Gourmia (U.K)
- Hamilton Beach Brands, Inc. (Vietnam)
- JURA Elektroapparate AG (Japan)
- Koninklijke Philips N.V. (China)
- Nestlé (U.S)
- Newell Brands (Spain)
- Robert Bosch GmbH (Germany)
- Smarter (India)
- Keurig Green Mountain, Inc. (Italy)
- De’Longhi Appliances S.r.l. (France)
- Electrolux Professional AB (U.S)
- Melitta Europa GmbH & Co. KG (Spain)
- Berry Global Inc (Brazil)
- Merck KGaA (U.S)
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