By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Capsule Coffee Machine market accounted for USD 2.5 billion ni 2022 and is expected to exhibit a significant CAGR growth during the study period. In North America, the demand for capsule coffee machines is driven by the convenience and ease of use of these machines, which are designed to make a single cup of coffee quickly and easily.
Additionally, many consumers in North America are willing to pay a premium for high-quality coffee, and capsule coffee machines offer a convenient way to make specialty coffee drinks at home.
Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
FIGURE 2: CAPSULE COFFEE MACHINE MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Europe Capsule Coffee Machine market accounts for the second-largest market share due to the growing popularity of espresso and other specialty coffee drinks, as well as the high number of cafes and restaurants that use these machines. In addition, the growth of the hospitality industry and the increasing demand for on-the-go coffee options have contributed to the growth of the market in Europe. Further, the Germany Capsule Coffee Machine market held the largest market share, and the UK Capsule Coffee Machine market was the fastest growing market in the European region.
However, environmental concerns about the packaging of coffee pods and capsules are impeding the region's market growth. As a result, several new entrants are developing sustainable packaging solutions to address this issue. For example, in September 2022, Cafe Royal invented a coffee pod shaped like a ball. This ball is encased in a thin shell made of a vegetable layer that is completely compostable. The product is truly zero waste in terms of capsules.
The Asia-Pacific Capsule Coffee Machine Market is expected to grow at the fastest CAGR from 2022 to 2030. In Asia-Pacific, the market for capsule coffee machines is growing rapidly, driven by factors such as increasing disposable incomes, changing consumer preferences, and the growth of the coffee culture in the region. Countries such as China, Japan, and South Korea have seen significant growth in the capsule coffee machine market in recent years, as consumers in these countries increasingly seek out high-quality coffee and convenience in their daily lives.
Moreover, China Capsule Coffee Machine market held the largest market share, and the India Capsule Coffee Machine market was the fastest growing market in the Asia-Pacific region.
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