Coffee Machines - China

  • China
  • In 2024, the Coffee Machines market in China generated a revenue of €293.40m.
  • It is projected to experience an annual growth rate of 3.96% (CAGR 2024-2029).
  • When compared globally, in the United States leads in revenue generation with €3,431m in 2024.
  • In terms of per household revenues, in China is expected to generate €0.60 in 2024.
  • Looking ahead to 2029, the volume in the Coffee Machines market is predicted to reach 2.3m pieces.
  • Additionally, there is an anticipated volume growth of 1.4% in 2025.
  • The average volume per household in the Coffee Machines market is estimated to be 0.00pieces in 2024.
  • China's growing middle class is fueling the demand for high-end coffee machines, with a preference for sleek, automated models.

Key regions: China, Indonesia, United States, Germany, Japan

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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