Report : Middle East and Africa Coffee Machines Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Filter Coffee Machines, Espresso Coffee Machines, Capsule and Pod Coffee Machines, and Others), Category (Manual and Automatic & Semi-Automatic), and End User (Residential and Non-Residential)
Filter Coffee Machines Segment to Dominate Middle East and Africa Coffee Machines Market during 2021-2028
According to a new market research study on “Middle East and Africa Coffee Machines Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Type, Category, End-User and Country,” is expected to reach US$ 2,698.18 million by 2028 from US$ 2,066.40 million in 2021. The market is estimated to grow at a CAGR of 3.9% from 2021 to 2028. The report provides trends prevailing in the Middle East and Africa coffee machines market along with the drivers and restraints pertaining to the market growth. Heightening demand from corporates & youth population and an upsurge in caffeine popularity are major factors driving the growth of the Middle East and Africa coffee machines market. However, harmful effects of excessive consumption of caffeine hinder the growth of Middle East and Africa coffee machines market.
In Middle East and Africa, South Africa witnessed an unprecedented rise in number of COVID-19 cases, which led to the discontinuation of coffee machines manufacturing activities. Downfall of other consumer goods manufacturing sectors has negatively impacted the demand for coffee machines during the early months of 2020. Moreover, decline in the overall brewing activities has led to discontinuation of coffee machines manufacturing projects, thereby reducing the demand for coffee machines. Similar trend was witnessed in other Middle East and Africa countries, such as Morocco, UAE and Saudi Arabia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Middle East and Africa coffee machines is segmented into type, category, end-user and country. Based on type, the market is segmented into filter coffee machines, espresso coffee machines, capsule and pod coffee machines, and others. In 2020, the filter coffee machines segment held the largest share in Middle East and Africa coffee machines market. Based on category, the Middle East and Africa coffee machines is divided into manual, and automatic & semi-automatic. The automatic & semi-automatic segment is expected to be the fastest growing segment over the forecast period. Based on end-user, the market is segmented into residential, and non-residential. In 2020, the non-residential segment held the largest share in Middle East and Africa coffee machines market. Based on country, the Middle East and Africa coffee machines market is divided into South Africa, Saudi Arabia, UAE and rest of Middle East and Africa. In 2020, rest of Middle East and Africa held the largest share in Middle East and Africa coffee machines market. Furthermore, in this present scenario of COVID 19 pandemic, the Middle East and Africa coffee machines market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East and Africa countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for coffee machines.
Robert Bosch Gmbh; Electrolux Ab.; Illycaffè S.p.A.; Koninklijke Philips N.V; Morphy Richards; Nestlé S.A.; Panasonic Corporation; and Luigi Lavazza S.p.A are some of the leading companies in the Middle East and Africa coffee machines market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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