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    European Coffee Machine Seals Market Growth Analysis

    European Coffee Machine Seals Market Growth Analysis
    Report code - SR2514 Published On : Apr,2023 No. of Pages: 96
    European Coffee Machine Seals Market Size, Share, Trend, Forecast, Competitive Analysis, a See more...

    Market Highlights

    The European Coffee Machine Seals Market is likely to grow at a promising CAGR of 3.8%, in the long run, to reach US$ 79 million in 2028.

    Coffee machine seals are used to prevent leakages, and contamination, and reduce friction to ensure the proper operation of coffee machines. O-rings and gaskets are the most used seals in various parts of the coffee machine, including the water tank, brewing unit, portafilter, flowmeter, pumps, and steam wand. Seals ensure a tight seal between mating components and help them maintain pressure and temperature within the machine. The average lifespan of a sealing solution varies from 4 to 9 years. Thus, over time, seals and gaskets can wear out or be damaged, and they may need to be replaced to maintain the optimal performance of the coffee machine. 

    In 2022, coffee machine production in Europe declined, mainly due to tough geopolitical conditions. European coffee machine seals, a sizeable market, also suffered a decline (>-12% in 2022) amid the Russia-Ukraine war, quite aligned with the decline in coffee machine production. However, the industry is expected to recover gradually from 2023 onwards, with the ramp-up in consumer confidence. Furthermore, expected exponential growth in HORECA business in the European countries, rapid advancements in technologies, such as the development of modern pod/capsule machines, and rising automation in coffee machines leading to the development of innovative and advanced sealing solutions to address market needs are the factors likely to boost the demand for coffee machine seals in Europe.

    Recent Product Developments:

    • Freudenberg Group: Hygienic Forseal and Hygienic Pressure Seal with Premium Elastomer and PTFE materials.
    • Angst+Pfister: PERTEC® elastomer compounds for coffee machines provide the highest purity, elasticity, and chemical resistance. APSOseal® molded seals are custom-made molded seals made for capsule sealing in coffee machines.
    • Trelleborg: Modified Stepseal® in Turcon® MF increases the efficiency of professional coffee machines and extends the seal life with a target of 100,000 cycles before maintenance.

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Component-Type Analysis

    Connectors, Water Tanks, Pumps, Heating Devices, Drainage Valves, and Others

    Connectors are anticipated to remain the biggest demand generator for coffee machine seals in the years to come.

    Material-Type Analysis

    Silicone, FKM, PTFE, and Others

    FKM is likely to be the most preferred material type for coffee machine seals. FKM is also likely to grow at the fastest pace in the market until 2028.

    Product-Type Analysis

    O-rings, Gaskets, and Others

    O-rings are expected to contribute the highest share of the market throughout the forecast period. The product type is likely to grow at the fastest rate during the same period.

    Country-Wise Analysis

    Germany, France, the Netherlands, Italy, and the Rest of Europe

    Germany is expected to remain the largest as well as the fastest-growing market until 2028.

     

    By Component Type:

    The European coffee machine seals market is segmented into connectors, water tanks, pumps, heating devices, drainage valves, and others. Connectors are expected to remain the biggest demand generator in the market during the forecast period, owing to many connectors used in a coffee machine, with each connector requiring at least two O-rings.

    Increasing usage of eco-friendly materials, such as bioplastics and recyclable materials, for the development of connectors, the development of universal connectors that can be suitable for all types of coffee machines with greater flexibility and hygiene, and the incorporation of advanced technologies, such as smart sensors, and wireless connectivity, to enhance the functionality of coffee machines are some of the factors creating the demand for innovative seals for connectors in the market.

    By Product Type:

    The market is segmented into O-rings, gaskets, and others. O-rings are expected to remain the most dominant as well as the fastest-growing seals in the market during the forecast period. O-rings are essential components of coffee machines, as they help to create a seal between the different parts to prevent leakages. O-rings also offer durability, versatility, cost-effectiveness, and ease of installation.

    Owing to these benefits, O-rings are widely used in different components of coffee machines, such as connectors, drainage valves, flowmeters, water tanks, and brewing units.

    By Material Type:

    The market is segmented into silicone, FKM, PTFE, and others. FKM is expected to remain the dominant material type in the market during the forecast period. The FKM material offers excellent temperature & chemical resistance, as well as high stability in ozone, weather, and aging. Silicone is another commonly used material for coffee machine seal, as it offers several benefits, such as durability, heat resistance, and ease of cleaning.

    Country Insights:

    Among the European countries, Germany is expected to remain the largest market for the European coffee machine seals market during the forecast period. Germany is known for its coffee culture and has the presence of several German coffee machine brands as well as a large number of coffee machine manufacturers in the country. This has generated a high demand for coffee machine seals in the country.

    The German market is also expected to grow at the fastest pace in the coming years, driven by a host of factors, such as increasing demand for high-quality coffee, the growing HORECAbusinesss and professional coffee machine markets, rising disposable incomes, and the growing popularity of coffee shops and cafes.

    Key Players

    The market is highly populated due to the presence of several regional and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The supply chain of the coffee machine seals market includes raw material suppliers, coffee machine seals manufacturers, distributors, coffee machine component manufacturers, and OEMs.

    The following are the key players in the European coffee machine seals market:

    • Freudenberg Group
    • Trelleborg AB
    • Angst+Pfister
    • Flowserve Corporation
    • Morgan Advanced Materials

    Research Methodology

    This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s European coffee machine seals market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner possible in order to provide a panoramic view of the market.

    The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as in the formulation of growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the European Coffee Machine Seals Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The European coffee machine seals market is estimated to grow at a modest CAGR of 3.8% by 2028, driven by the rising production of coffee machines along with increasing HORECA business.

    Freudenberg Group, Trelleborg AB, and Angst+Pfister are the leading players in the European coffee machine seals market.

    Germany is estimated to remain dominant in the European coffee machine seals market in the foreseeable future. The country’s market is mainly driven by the HORECA sector, which accounts for ~60% of all coffee machine sales in Germany.

    Germany is projected to witness the fastest growth in the European coffee machine seals market in the foreseeable future. This is mostly due to the presence of a large number of coffee machine manufacturers in the country coupled with the rising number of cafes, coffee shops, and restaurants in the country.

    O-rings are estimated to remain dominant in the market in the coming years as they provide a reliable and long-lasting solution for preventing leakages and ensuring the proper functioning of a coffee machine.