South Korea Handheld Espresso Makers Market was valued at USD 0.04 Billion in 2022 and is projected to reach USD 0.10 Billion by 2030, growing at a CAGR of 11.5% from 2024 to 2030.
The South Korea Handheld Espresso Makers Market is witnessing a significant surge in demand, driven by the growing popularity of portable coffee-making devices. As coffee culture continues to thrive in the region, consumers are increasingly seeking compact and efficient ways to enjoy high-quality espresso at home or on the go. This trend has not only affected individual coffee lovers but also industries that cater to the growing preference for specialty beverages, such as cafes, hotels, and offices.
One of the key factors driving the market's growth is the shift toward convenience and portability. Handheld espresso makers offer a unique combination of simplicity and functionality, allowing users to brew fresh espresso without the need for bulky equipment or complicated processes. These devices are compact, lightweight, and easy to use, making them a perfect fit for busy lifestyles and small spaces. As a result, the demand for handheld espresso makers is expected to continue rising, with a particular focus on models that deliver high-quality results without sacrificing convenience.
Industries are also contributing to the demand for handheld espresso makers. In the hospitality sector, hotels, cafes, and restaurants are increasingly incorporating portable espresso machines into their offerings, allowing for faster service and greater customer satisfaction. The compact nature of these devices makes them ideal for establishments with limited counter space or those looking to cater to a growing number of on-the-go customers.
Moreover, the growing trend of remote work has increased the demand for handheld espresso makers in corporate settings. Offices are adopting these devices as part of their efforts to provide employees with convenient and high-quality coffee experiences. The ease of use and ability to create personalized espresso drinks make handheld makers an attractive addition to office kitchens.
Overall, the South Korea Handheld Espresso Makers Market is poised for continued growth, with increasing interest from both individual consumers and businesses. As more industries recognize the value of portable coffee solutions, the market will likely see further innovation and diversification in product offerings.
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Handpresso
Wacaco
DeLonghi
Jura
Philips (Saeco)
Melitta
La Marzocco
Nespresso
Ali Group (Rancilio)
Gruppo Cimbali
Nuova Simonelli
Panasonic
Illy
Bosch
Mr. Coffee
Simens
Keurig
Hamilton Beach
Staresso
La Pavoni
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Handheld Espresso Makers Market
Manual Handheld Espresso Makers
Electric-Handheld Espresso Makers
Hybrid Espresso Makers
Stainless Steel
Plastic
Aluminum
Silicone
Ceramic
Budget (under $50)
Mid-range ($50 - $150)
Premium (above $150)
Single Shot
Double Shot
Multi-Shot (three or more shots)
Home Users
Office/Commercial Users
Travel Enthusiasts
Baristas/Coffee Professionals
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Handheld Espresso Makers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Handheld Espresso Makers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Handheld Espresso Makers Market, By Type
6. South Korea Handheld Espresso Makers Market, By Application
7. South Korea Handheld Espresso Makers Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Handheld Espresso Makers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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