PUBLISHER: The Business Research Company | PRODUCT CODE: 1559119
PUBLISHER: The Business Research Company | PRODUCT CODE: 1559119
A commercial coffee urn is a high-capacity brewing device designed for use in offices, events, catering services, and hospitality settings. It is engineered to brew and maintain large quantities of coffee, with capacities ranging from several gallons to over a dozen gallons, depending on the model.
There are two main types of commercial coffee urns such as traditional and digital. Traditional urns are manual systems that use basic heating elements and simple controls. They come in various capacities, including up to 5 liters, between 5 and 10 liters, and over 10 liters. These urns are typically made from materials such as stainless steel and aluminum. They are available through multiple distribution channels, including both online and offline sources, and are used in various applications such as restaurants, office buildings, and other venues.
The commercial coffee urn market research report is one of a series of new reports from The Business Research Company that provides commercial coffee urn market statistics, including commercial coffee industry global market size, regional shares, competitors with a commercial coffee urn market share, detailed commercial coffee unmarked segments, market trends, and opportunities, and any further data you may need to thrive in the commercial coffee industry. This commercial coffee market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The commercial coffee urn market size has grown strongly in recent years. It will grow from $1.26 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth during the historical period can be attributed to several factors such as the rising demand for coffee-based beverages, the expansion of online portals, an increase in the number of hotels and restaurants, growth in the hospitality sector, and greater internet penetration.
The commercial coffee urn market size is expected to see strong growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The projected growth during the forecast period can be attributed to rising awareness of environmental impact, a growing emphasis on sustainability and eco-friendliness, an increase in smartphone adoption, greater availability of specialty coffee, and an expanding share in commercial kitchens. Key trends expected in this period include advancements in technology, the adoption of automated self-cleaning functions, innovations in coffee machine technology, the introduction of new products, and the integration of insulation technology.
The increasing number of hotels and restaurants is projected to drive significant growth in the commercial coffee urn market. This growth is attributed to the rise in domestic and international travelers, the popularity of food tourism and online marketing, and an increasing number of events, conferences, and conventions. Coffee urns are crucial in hotels and restaurants for efficiently managing high volumes of coffee, ensuring continuous access to hot coffee for guests, and optimizing service and operational efficiency. For example, in July 2024, according to the Bureau of Labor Statistics (BLS), a US government agency, the number of establishments in the accommodation and food services sector in the US increased from 773,081 in Q1 2023 to 789,430 in Q4 2023. This expansion in the number of hotels and restaurants is fueling the growth of the commercial coffee urn market.
Leading companies in the commercial coffee urn market are focusing on developing innovative products such as automated coffee machines to enhance coffee quality, streamline operations, and offer greater flexibility and convenience in high-demand settings. Automated coffee machines are designed to brew coffee with minimal user intervention, providing an efficient way to prepare a variety of coffee drinks. These machines feature advanced technologies for automating the brewing process, including grinding coffee beans and frothing milk. For instance, in March 2022, Wilbur Curtis Co., a US-based manufacturer of coffee urns, introduced the Schaerer Coffee Skye, an automated coffee machine with precise temperature control, real-time monitoring, and predictive maintenance features. This machine ensures consistent coffee quality, reduces downtime, and includes an intuitive interface with large symbols for ease of use and front-accessible installation connections for simplified maintenance.
In February 2023, Group SEB, a France-based company specializing in small household appliances, acquired La San Marco for an undisclosed amount. This acquisition is aimed at enhancing Group SEB's ability to provide innovative, high-quality, and user-friendly household products. La San Marco, based in Italy, is known for manufacturing espresso machines.
Major companies operating in the commercial coffee urn market are Hamilton Beach Brands Inc., Bunn-O-Matic Corporation , The Vollrath Company LLC, Wilbur Curtis Co. Inc., Bravilor Bonamat B.V., Rancilio Group, Aroma Housewares Company, Nesco, Grind Master Machines Pvt. Ltd., Nella Cutlery & Food Equipment Inc., Bonchef inc., FETCO, The Zojirushi Corporation, Proctor Silex Co., Alegacy Foodservice Products Group Inc., Waring Commercial Company, Maxx Cold, Coffee Pro EQ, Central Restaurant Supplies Ltd., Avantco Equipment
North America was the largest region in the commercial coffee urn market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial coffee urn market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the commercial coffee urn market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The commercial coffee urn market consists of sales of portable coffee urns, brew urns, and percolator coffee urns. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Commercial Coffee Urn Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on commercial coffee urn market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for commercial coffee urn ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The commercial coffee urn market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.