According to the research report titled ‘Global Portable Coffee Maker Market Size study, by Product Type (Manual, Automatic), by Category (Premium, Mass-Market), by End-Use (Household, Out-of-Home, Food Service, Corporate), by Distribution Channel (Store-Based, Non-Store-Based) and Regional Forecasts 2021-2027’, available with Market Study Report, global portable coffee maker market was worth USD 2.65 billion in 2020 and is anticipated to register a y-o-y growth rate of 7.6% during 2021-2027, thereby accumulating USD 4.43 billion by the end of analysis timeline.
 

Increasing coffee consumption, and rapid urbanization which has resulted in adoption of portable options due to busy lifestyle of the masses are boosting the expansion of global portable coffee maker market.
 

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In addition, growing youth population, and emergence of new products with advanced features will further add momentum to the industry progression. Citing an instance, San Francisco based company Osma, Inc. launched its new smart portable coffee maker in February 2021.
 

For the unversed, portable coffee makers are electric appliances that brew hot coffee automatically. These products help in saving time and are easy to use.
 

On the contrary, side-effects related to excessive coffee consumption, along with increasing prices of coffee making appliances may hamper the market remuneration scope in the ensuing years.
 

By product type, the industry is bifurcated into manual, and automatic, whereas, classification based on category includes mass market, and premium. On the basis of end-use, worldwide portable coffee maker market is split into out-of-home, corporate, food service, and household. In terms of distribution channel, the business sphere is fragmented into store based and non-store based.
 

Speaking of geographical landscape, North America, Latin America, Europe, and Asia Pacific are the major benefactors to the market valuation. Among these, Asia Pacific market is slated to witness substantial gains during 2021-2027, owing to population expansion, surge in coffee production, and busy corporate lifestyle of professionals.
 

Major players like Crem International AB, Koninklijke Philips N.V., Bunn-O-Matic Corporation, Melitta USA, Inc., Illycaffe S.p.A., De’Longhi S.p.A., Spectrum Brands Holdings, Inc., Nestle Nespresso S.A., Auroma Brewing Company, and Behmor, Inc. are profiled in global portable coffee maker market report.