Nanoexpresso is a portable espresso machine with a compact design resembling a cylindrical bottle structure. This type of portable coffee maker was first introduced in the first half of the current decade to give consumers an appliance to make coffee on the go.
Nanoexpressos are easy to carry while travelling, therefore, attracting a variety of target consumers such as hikers, office-goers, students, etc. With the rising population of coffee drinkers and increasing demand for consumer products, the global nanopresso market will continue to grow substantially.
Most of the nanopressos are manually operated using pneumatic (pumping) technology to extract/brew the coffee. Market players are also coming up with automatic and semi-automatic nanopressors, wherein they can be powered through a battery or a wire. These electric nanopressors can boil water on the go, thus overpowering the manual model that stores hot water.
Nanopresso is a machine made up various detachable components such as filter basket, coffee cup, water tank, etc. and also comes with additional accessories such as coffee scoop and cleaning brush, thereby allowing thorough cleaning of the device.
To make it even more convenient, some devices can brew coffee from coffee capsules, thus, cancelling out coffee grinders, cleaning, and wastage. Thus, continuous innovation towards ease of use and reliable brewing performance are one of the important driving factors for the growth of global nanopresso market.
Coffee is a refreshment beverage consumed by over 30% of the global population every day. The number keeps on rising at a fast rate especially in developing economies wherein the trend of coffee and cafés have caught the attention of Generation Z and millennials. The changing living standards of individuals from students to working professionals is expected to have a major impact on the nanopresso market.
Some of the key players manufacturing nanopresso are as follows
Coffee is one of the most widely consumed beverages in the world and is a very popular beverage in the European Union largely owing to its café culture. Also, over 60% of the North American population is estimated to consume coffee regularly.
The developed economies in these regions including East Asia and Oceania pose as a potential consumer for the growing nanopresso market. In addition to this, market players should seize lucrative opportunities by increasing exports in the expanding commercial sector of South Asia and MEA.
Some of the key market players are coming up with nanopressors that have an inbuilt Wi-Fi and Bluetooth connectivity to operate it from anywhere near its range through smartphones. This will create a competitive environment and bifurcate the market into premium and economic range segments.
However, the growing number of manufacturers of private label nanopressors and the presence of unorganized market players selling nanopressors at less price is expected to curb the growth of the global nanopressors market over the forecast period.
The deadly COVID-19 pandemic had stalled the global production of consumer goods in the first quarter of 2020. Although the lockdown relaxed in several countries, the manufacturers were struggling to streamline their production.
Moreover, the product was designed for outdoor purposes whereas the consumers are refraining from stepping outside, eventually causing the demand for nanopressors to witness a slight dip in its growth trajectory for an estimated two to three consecutive years starting from 2020. However, post the COVID-19 pandemic, the demand for nanopressos would increase substantially.
The nanopresso market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the nanopresso market, including but not limited to: regional markets, operation, adapter type, and sales channel.
The nanopresso market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Nanopresso market report projects the attractiveness of each major segment over the forecast period.
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Based on Sales Channel
Nanopresso Market
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