According to the research report titled ‘Global Espresso Coffee Makers Market Size study with COVID-19 Impact, by Type (Manually and Semi-automatic and Fully-automatic), by Application (Individual and Household and Commercial) and Regional Forecasts 2020-2026’, available with Market Study Report, global espresso coffee makers market was accounted for USD 2.8 billion in 2019 and is expected to witness a CAGR of 6.1% during 2020-2026.
 

Growing trend of social meetups in restaurants and cafes among millennials, alongside preference for technologically advanced appliances in hotels, cafes, and restaurants are the factors responsible for the growth of global espresso coffee makers market. Moreover, launch of innovative products and numerous strategic alliances among leading companies are expected to offer lucrative opportunities for the market growth. For example, in October 2019, Philips Saeco S.p.A. introduced new espresso coffee machine range that can prepare five beverages- cappuccino, coffee, americano, espresso, and latte macchiato.
 

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For the unfamiliar, coffee in an espresso coffee maker is brewed by releasing pressurized water close to boiling point through finely ground coffee and filtered to produce concentrated coffee. Increasing prevalence of COVID-19 has caused disruptions in supply chain system across the globe, having an adverse effect on manufacturers & distributors. There is a reduction in dairy consumption due to temporary shutdown of restaurants, hotels, and offices. These factors, in tandem with high cost of the machine will impede global espresso coffee makers market growth.
 

Based on type, the market is segmented into fully automatic, manual, and semi-automatic.  With respect to the application spectrum, the industry is classified into commercial, individual, and household.
 

Considering the regional terrain, global espresso coffee makers market is segmented into Latin America, North America, Asia Pacific, Europe, and Rest of the World. North America currently dominated the global market, whereas, Asia-Pacific industry is expected to witness strong growth over 2020-2026.
 

Key players in global espresso coffee makers market are Melitta, La Marzocco, Jura Elektroapparate AG, De'Longhi S.p.A, Philips Saeco S.p.A., and Nestlé Nespresso S.A.