China Coffee Machine Industry Development Status and Import/Export Analysis in 2021
2023-02-10
- China's coffee machine market size continued to grow in 2021, with the improvement of consumers' requirements for coffee quality and taste as well as the popularization of coffee culture, the coffee machine market has shown rapid growth.
Exports:
-Volume and value: in 2021, China's export volume of coffee machines reached 71.31 million units, an increase of 11.22% year-on-year; the export value of 2.056 billion U.S. dollars, an increase of 31.17% year-on-year. This indicates that the competitiveness of China's coffee machines in the international market continues to improve.
-Main export countries: China's coffee machines are exported to more than 160 countries and regions around the world, of which the United States is the largest export destination for China's coffee machines, with a total of 27,066,700 units exported, accounting for 37.96% of the total export volume of the year; followed by Brazil, France, Italy and other countries.
- Product characteristics: China's exported coffee machines are mainly low-end products with lower unit prices, which are far from the traditional coffee machines in Europe and the United States that often cost thousands or even tens of thousands of dollars. This reflects the advantages of China's coffee machine manufacturing industry in cost control and large-scale production.
Import situation:
- With the increasing demand for high-quality coffee among domestic consumers, the imported coffee machine market also shows growth.
- Imported coffee machines are mainly high-end models, which fulfill consumers' demand for high-quality coffee experience.
2022-12-30
- The coffee machine market will continue to grow, benefiting from the popularization of coffee culture and consumers' pursuit of a high quality of life.
- Intelligent and high-end will become the main development trend of the coffee machine industry, meeting consumers' demand for personalized and convenient coffee experience.
- The export market will continue to grow, but enterprises need to continuously improve product quality and technology to meet the needs of the international market.
- The imported coffee machine market will also continue to grow, and domestic consumers will pay more attention to the quality and brand of coffee machines, driving the further development of the imported coffee machine market.
If the $100 billion coffee market leads to chaos, can the coffee machine take off?
2022-12-30
China's coffee market size has been growing rapidly in recent years, and has reached about 100 billion yuan in 2020, and is expected to reach 217.1 billion yuan in 2025, with an average annual growth rate of 15%, much higher than the world's growth rate of 2%. In addition, some data show that the market size of China's coffee industry has reached 265.4 billion yuan in 2023, and is expected to increase to 313.3 billion yuan in 2024, with a compound annual growth rate of 17.14% in the past three years.
Consumers are beginning to wave goodbye to instant coffee and turn to freshly ground coffee, a shift that is driving the growth of the coffee machine market. At the same time, the social attributes of coffee are weakening, and more and more consumers are paying attention to the taste, convenience and price of coffee, and drinking coffee has become a “necessity” in the daily life of some people.
With the popularization of coffee culture and consumers' pursuit of coffee quality, more and more families are purchasing coffee machines to meet the needs of family members for coffee.
The demand for coffee machines in commercial settings such as coffee shops, convenience stores and offices is also increasing. With a high degree of integration and finish, commercial coffee machines are able to quickly complete the processes of grinding, extraction and milk frothing under limited conditions, improving the quality of coffee and the efficiency of production.
In the melee of China's $100 billion coffee market, coffee machines are expected to take off on the momentum. However, to achieve sustained growth, the joint efforts and continuous innovation of brand manufacturers, OEMs and the industry as a whole are needed.
We offer our customers all services from design to manufacturing.
2022-12-30
Established in 2006, SEVL is a manufacturer of small home appliances offering the best quality products to our customers.
We provide all services from design to manufacturing.
For the existing product technology, we got several utility model patents.