Office And Commercial Coffee Equipment And Supplies Market size is set to grow by USD 5.41 billion from 2024-2028, growing number of office spaces and commercial establishments boost the market, Technavio

NEW YORK, June 18, 2024 /PRNewswire/ -- The global office and commercial coffee equipment and supplies market size is estimated to grow by USD 5.41 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.43%  during the forecast period. growing number of office spaces and commercial establishments is driving market growth, with a trend towards rising demand for fully automated coffee dispensing machines  However, possible health implications of caffeine  poses a challenge.Key market players include Animo B.V., Bunn O Matic Corp., Clive Coffee, Coffee Day Enterprises Ltd., Danone SA, DeLonghi Group, Farmer Bros Co., Hamilton Beach Brands Holding Co., JURA Elektroapparate AG, Kaapi Machines India Pvt. Ltd., Keurig Green Mountain Inc., Koninklijke Philips N.V., LUIGI LAVAZZA S.p.A., Massimo Zanetti Beverage Group Spa, Nestle SA, Newell Brands Inc., Rhea Vendors Group Spa, SEB Developpement SA, Simonelli Group Spa, and The Coca Cola Co..

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Market Driver

The global office and commercial coffee equipment and supplies market is experiencing growth due to the increasing adoption of fully automated coffee machines. These machines offer benefits such as reduced operational effort, time savings, and maintenance cost reductions. WMF, a market leader, provides a range of fully automated coffee machines, including the 9000S+ model with advanced features like a touch display, individual temperature control, and self-cleaning system. Despite higher prices, the demand for these machines is high due to their efficiency and precision, driving both volume and value sales in the market. 

The market for office and commercial coffee equipment and supplies is thriving, with a focus on convenience and efficiency. Coffee machines, both automatic and manual, are popular choices for businesses. The trend towards sustainability is reflected in the demand for eco-friendly coffee equipment and biodegradable supplies. The use of technology, such as app-controlled coffee machines and smart coffee grinders, is on the rise. The market also caters to various tastes with a wide range of coffee beans and flavors available. Additionally, the need for quick and easy-to-prepare beverages has led to the popularity of capsule coffee systems. Overall, the office and commercial coffee equipment and supplies market is an essential sector, providing businesses with essential tools to boost productivity and employee morale. 

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Market Challenges

• The consumption of caffeine can negatively impact the demand for coffee supplies in offices and commercial establishments. Excessive caffeine intake disrupts sleep patterns, leading to insomnia. It also increases blood sugar levels, making it challenging for consumers with type-2 diabetes to manage insulin levels. Caffeine blocks magnesium absorption, slowing digestion, and can cause dehydration. High caffeine consumption stimulates the nervous system, leading to irritability, anxiety, and headaches. These health concerns may deter consumers from purchasing coffee creamers and other supplies during the forecast period.
• The Office and Commercial Coffee Equipment and Supplies market face several challenges. Coffee machines, filters, and related supplies are essential for businesses to offer their employees and customers a quality beverage experience. However, keeping up with the latest technology and trends can be costly. Additionally, ensuring a consistent supply of high-quality coffee beans and other ingredients can be challenging. Sustainability is also a concern, as businesses strive to reduce their environmental impact. Furthermore, the competition in this market is fierce, requiring companies to differentiate themselves through exceptional customer service and innovative product offerings. Lastly, the ongoing economic uncertainty and potential for supply chain disruptions add to the challenges faced by players in this market.

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Segment Overview 

This office and commercial coffee equipment and supplies market report extensively covers market segmentation by  

1. End-user 
• 1.1 Offices
• 1.2 Foodservice restaurants and convenience stores
• 1.3 Healthcare and hospitality
• 1.4 Education
• 1.5 Others
2. Distribution Channel
• 2.1 Offline
• 2.2 Online
3. Geography 
• 3.1 Europe
• 3.2 APAC
• 3.3 North America
• 3.4 Middle East and Africa
• 3.5 South America

1.1 Offices-  The office segment is the largest consumer of global office and commercial coffee equipment and supplies, with varying machine types and capacities based on office needs. Modernization and changing work culture drive demand for advanced coffee equipment, particularly automatic espresso machines with multiple menu options. The service sector's employment growth, especially in corporate offices, has fueled market expansion. However, the COVID-19 pandemic led to a decrease in demand for office equipment, including coffee equipment and supplies. Limited workforce offices opening in late 2021 are expected to revive demand, particularly for coffee supplies.

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Research Analysis

The Office and Commercial Coffee Equipment and Supplies market encompasses a wide range of products, including commercial coffee makers, brewing technologies, and self-service alternatives. Coffee consumption is a significant driver in this market, with specialty and premium coffee becoming increasingly popular. Café culture continues to influence the demand for high-quality coffee-making technology, leading to the emergence of energy-efficient models and smart coffee machines. Office coffee services are a key segment, offering manual, semi-automated, and fully automated options to cater to various business needs. Additionally, food stalls and beverage vending machines provide convenience for consumers, while hotels and restaurants, specialty stores, supermarkets, and online stores offer diverse sales channels. Caffeine, a stimulant, is known to combat lethargy and enhance mental acuity, energy levels, stamina, and cognitive function, making coffee a productivity enhancer in professional settings.

Market Research Overview

The Office and Commercial Coffee Equipment and Supplies market encompasses a wide range of products designed to cater to various business needs. These include coffee machines, filters, cups, lids, stirrers, and other related accessories. Coffee equipment can vary from simple drip coffee makers to advanced automatic machines offering multiple brewing options. Supplies consist of disposable items like filters, cups, and lids, as well as reusable options. The market also includes services such as installation, maintenance, and repair. The demand for these products is driven by the growing popularity of coffee culture and the need for productivity in workplaces. Additionally, the trend towards sustainability is leading to an increase in demand for eco-friendly coffee supplies. Overall, the Office and Commercial Coffee Equipment and Supplies market is a dynamic and evolving industry that caters to the diverse needs of businesses.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• End-user
• Offices
• Foodservice Restaurants And Convenience Stores
• Healthcare And Hospitality
• Education
• Others
• Distribution Channel
• Offline
• Online
• Geography
• Europe
• APAC
• North America
• Middle East And Africa
• South America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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