India Coffee Machine Market Size, Share, Analysis, Trends, Growth, Forecasts, 2032

India Coffee Machine Industry Prospective:

The India coffee machine market size was evaluated at $166 million in 2023 and is set to hit $317 million by the end of 2032 with a CAGR of nearly 8.41% between 2024 and 2032.

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India Coffee Machine Market: Overview

A coffee machine or coffee maker is a cooking appliance utilized to brew coffee. Coffee machines in India are available in various types and cater to various preferences. A few of the most popular alternatives include drip coffee makers, specialty coffee makers, programmable coffee makers, and single-serve coffee makers.

Key Insights

• As per the analysis shared by our research analyst, the India coffee machine market is projected to expand annually at the annual growth rate of around 8.41% over the forecast timespan (2024-2032)
• In terms of revenue, the India coffee machine market size was evaluated at nearly $166 million in 2023 and is expected to reach $317 million by 2032.
• India coffee machine market is anticipated to grow rapidly over the forecast timeline owing to product innovations and a surge in the intake of specialty coffee.
• In terms of product type, the Espresso coffee machine segment is slated to register the highest CAGR over the forecast period.
• On the basis of end-user, the commercial segment is predicted to contribute notably towards the segmental surge in the ensuing years.

India Coffee Machine Market: Growth Factors

Escalating industrialization along with changes in the lifestyles of the population is likely to boost the market surge in India

Surging urbanization and lifestyle changes can prop up the growth of the India coffee machine market in the years ahead. Product innovations and a surge in the intake of specialty coffee are predicted to embellish the expansion of the market in India. Huge awareness about the health benefits offered by coffee is likely to expand the scope of the market growth in the country. Flourishing online retail sector and thriving e-commerce activities are likely to protrude the expansion of the market in India. Apart from this, an increase in online product sales in the southern part of India will proliferate the size of the market in India. Government support for coffee production will tout the growth of the market in the Indian sub-continent. Rising sales of high-quality coffee machines in India will contribute majorly towards the revenue growth of the market in the country along with accounting significantly towards the economy and GDP growth of the country.  

India Coffee Machine Market: Restraints

A surge in the maintenance costs of the product can impede the industry growth in the country

An increase in the costs of maintaining coffee equipment in emerging economies such as India along with a rise in the repairing costs of coffee machines can hamper the growth of India coffee machine industry. Easy access to substitute products can hinder the expansion of the industry in the country. Huge import tariffs levied on the product can shrink the growth of the industry in the country.

India Coffee Machine Market: Opportunities

Easy availability of the product at reasonable costs is projected to open new growth opportunities for the market in India

A surge in specialty coffee shops and demand for artisan coffee items will generate new vistas of growth for the India coffee machine market in the years to come. Easy access to cost-effective coffee equipment and accessories is predicted to foster market growth in the Indian sub-continent.

India Coffee Machine Market: Challenges

Rising prices of deploying the product can pose a huge challenge to the industry expansion in India

A surge in the preliminary product installation costs along with budgetary constraints faced by the consumers during the equipment purchase can retard the expansion of the India coffee machine industry in the years ahead. Low awareness about the benefits of deploying coffee machines can further obstruct the growth of the industry in India.

India Coffee Machine Market: Segmentation

The India coffee machine market is divided into product type, end-user, and region.                                          

In terms of product type, the India coffee machine market is bifurcated into pod coffee machine, filter coffee machine, drip coffee machine, and espresso coffee machine segments. Additionally, the espresso coffee machine segment, which accrued nearly 51% of the market revenue in 2023, is projected to record the highest growth rate yearly in the forecast timeline. The progress of the segment in the next couple of years can be due to escalating demand for high-quality coffee beverages including lattes, expresso shots, and cappuccinos in India. Moreover, a surging number of coffee enthusiasts who are eager to gain café experience at home is anticipated to embellish the expansion of the segment in the coming years.

Based on the end-user, the India coffee machine industry is divided into residential and commercial segments. Furthermore, the commercial segment, which garnered approximately 73% of the industry earnings in 2023, is expected to make key contributions towards the industry size in the country over the forecasting timeline. The surge of the segment in the analysis timeline can be due to an increase in product demand and use in commercial complexes as well as commercial buildings.

India Coffee Machine Market: Report Scope

Key Developments

• In the second half of 2024, Nestle India declared the launching of the premium coffee product referred to as Nespresso in India, thereby enhancing customer demand.
• In the first half of 2024, Kaapi Machines, a key provider of major coffee equipment in India, launched WMF Espresso NEXT, the new addition to a range of cutting-edge coffee solutions that is likely to boost the demand for coffee machines in India.

India Coffee Machine Market: Competitive Space

The India coffee machine market profiles key players such as:

• Usha International Limited
• Philips India Limited
• Nestle India Limited
• Morphy Richards (Groupe SEB India)
• Crompton Greaves Consumer Electricals Limited
• Bosch and Siemens Home Appliances Group (BSH)
• TTK Prestige Ltd
• De’Longhi India Private Limited
• Sunflame Enterprises Private Limited
• Tecnora Appliances Private Limited
• Bajaj Electricals Limited
• Wonderchef Home Appliances Pvt. Ltd.
• Preethi Kitchen Appliances Pvt. Ltd.
• Black & Decker
• Havells India Limited.

The India coffee machine market is segmented as follows:

By Product Type

• Pod Coffee Machine
• Filter Coffee Machine
• Drip Coffee Machine
• Espresso Coffee Machine

By End-User

• Residential
• Commercial

By Region

• North India
• West and Central India
• South India
• East India