According to the business intelligence 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 assessed at USD 2.65 billion in 2020 and is anticipated to accrue USD 4.43 billion by 2027, expanding at an annual rate of 7.6% between 2021-2027.
 

Increasing coffee consumption, growing urbanization, and busier lifestyles are key factors spurring global portable coffee maker industry expansion. As per the international Coffee Organization, 164,530,000 60 kg caffeine bags were consumed in 2019, which increased to 166,628,000 bags in 2020.
 

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The report also cites that launch of innovative products will facilate industry augmentation over the forecast timeframe as well. Citing an example: Osma Inc. launched an advanced smart coffee maker in February 2021.
 

While time saving capacity, increasing youth population, and ease of use will aid product adoption, surging machinery prices and side effects of caffeine consumption will act as restraints for businesses operating in this sphere.
 

Based on product type, global portable coffee maker market space is divided into manual, and automatic. Speaking of category, the industry is bifurcated into mass market, and premium. As per end user spectrum, the business sphere is classified into household, food service, out-of-home, and corporate. Moving on to distribution channel, the market space is fragmented into non-store based, and store-based.
 

From regional frame of reference, Asia Pacific captured majority of worldwide portable coffee maker industry share in the past year and is estimated to expand considerably between 2021-2027, owing to increasing population, busy corporate lifestyle, and growing coffee production.
 

Key players shaping global portable coffee maker market trends are Crem International AB, Behmor Inc., Koninklijke Philips N.V., Spectrum Brands Holdings Inc., Bunn-O-Matic Corporation, Aroma Brewing, Melitta USA Inc., Nestlé Nespresso S.A., Illycaffè S.p.A., and De’Longhi S.p.A.
 

These companies have undertaken strategic moves like mergers & acquisitions, investments in R&D, collaborations, alliances, and partnerships to enlarge profit margins and expand customer reach.