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NEW YORK, Sept. 6, 2021 /PRNewswire/ — Technavio has been monitoring the office and commercial coffee equipment and supplies market in North America and it is poised to grow by USD 1.87 billion during 2021-2025, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bunn-O-Matic Corp., Coffee Day Enterprises Ltd., DeLonghi Spa, Farmer Bros Co., Groupe SEB, Hamilton Beach Brands Holding Co., Luigi Lavazza Spa, Nestle SA, Newell Brands Inc., and Royal Cup Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The growing number of office spaces and commercial establishments has been instrumental in driving the growth of the market. However, possible health implications of caffeine will hamper market growth.
Office and Commercial Coffee Equipment and Supplies Market in North America 2021-2025: Segmentation
Office and Commercial Coffee Equipment and Supplies Market in North America is segmented as below:
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Global Office and Commercial Coffee Equipment and Supplies Market – Global office and commercial coffee equipment and supplies market is segmented by end-user (offices, healthcare and hospitality, education, and others), distribution channel (offline and online), and geography (Europe, North America, APAC, MEA, and South America).
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Office and Commercial Coffee Equipment and Supplies Market in North America 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our office and commercial coffee equipment and supplies market in North America report covers the following areas:
This study identifies increased product innovation leading to product premiumization as one of the prime reasons driving the office and commercial coffee equipment and supplies market growth in North America during the next few years.
Office and Commercial Coffee Equipment and Supplies Market in North America 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Office and Commercial Coffee Equipment and Supplies Market in North America
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Office and Commercial Coffee Equipment and Supplies Market in North America 2021-2025: Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: www.technavio.com/report/office-and-commercial-coffee-equipment-and-supplies-market-in-north-america-industry-analysis
Newsroom: https://newsroom.technavio.com/news/office-and-commercial-coffee-equipment-and-suppliesmarket
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