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Coffee Machines Market 2020: Share Value Analysis of Top Key Players, Global Size, Consumption Analysis, Trends Forecast to 2030 | TBRC Reports

The Business Research Company’s Coffee Machines Market Global Report 2020-30: Covid 19 Growth and Change. The report covers market size, key players, market share and trends to 2030.

Coffee Machines Market Global Report 2020-30: Covid 19 Growth and Change is one of a series of new reports from The Business Research Company that provide Coffee Machines market overviews, analyze and forecast market size and growth for the whole market, Coffee Machines market segments and geographies, Coffee Machines market trends, Coffee Machines market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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https://www.thebusinessresearchcompany.com/report/coffee-machines-market-global-report-2020-30-covid-19-growth-and-change

The coffee machines market consists of sales of coffee machines and related services that are used in hotels, restaurants, cafes, and offices. Coffee machines are the small electrical machines used for coffee making.

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The global coffee machines market is expected to decline from $5.93 billion in 2019 to $5.40 billion in 2020 at a compound annual growth rate (CAGR) of -8.92%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is then expected to recover and reach $6.20 billion in 2023 at CAGR of 4.69%.

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