The coffee machine market in Vietnam shows broad development prospects, with huge business opportunities in supermarkets, hypermarkets, department stores, health and beauty stores, and electronic retail markets.
The key factors driving the sustainable development of this market include the continuous growth of coffee consumption population, the awareness of coffee on health benefits such as reducing the risk of liver cancer and type 2 diabetes, and the rising demand for ready to drink coffee drinks.
According to Statista’s forecast, the revenue of the Vietnamese coffee machine market is expected to reach $50.93 million by 2024 and maintain a compound annual growth rate of 3.88% between 2024 and 2029. Looking ahead, the sales volume of coffee machines in Vietnam is expected to exceed 600000 units by 2029. The thriving coffee culture in Vietnam has further driven the market demand for coffee machines that can brew traditional Vietnamese coffee.
The Vietnamese commercial coffee vending machine market shows great potential for development. According to Statista’s forecast, the revenue of the Vietnamese coffee machine market is expected to reach $50.93 million by 2024 and maintain a compound annual growth rate of 3.88% between 2024 and 2029. Looking ahead, by 2029, the sales volume of the Vietnamese coffee machine market is expected to exceed 600000 units.
Market driven factors
The continuous growth of coffee consumption population: Vietnam has a huge coffee consumption group, with about 5 million households regularly consuming coffee as of 2019, which has driven the sales growth of coffee machines.
Increased health awareness: consumers’ awareness of the health benefits of coffee (such as reducing the risk of liver cancer and type 2 diabetes) has further boosted the demand for coffee machines12.
The rising demand for ready to drink coffee beverages: With the continuous increase in demand for ready to drink coffee beverages, the commercial coffee vending machine market has also ushered in more business opportunities.
Market Status and Trends
The Vietnamese commercial coffee vending machine market is in a rapid development stage, with huge business opportunities in supermarkets, hypermarkets, department stores, health and beauty stores, and electronic retail market12. In addition, Vietnam’s thriving coffee culture has further driven the market demand for coffee machines that can brew traditional Vietnamese coffee.
Competitive landscape and major players
LE Vending is the leading supplier of smart type fully automatic coffee vending machines in Vietnam market since 2016, it is the most competitive and reliable manufacture in the whole commercial coffee vending machine business. The most popular model is LE308G,fresh bean to cup coffee vending machine with built-in ice maker.
Meanwhile, the tabletop coffee vending machine and automatic ice maker will be another popular product in Vietnam market.
Future prospects
It is expected that the Vietnamese commercial coffee vending machine market will continue to maintain a growth trend in the coming years.
Post time: Feb-18-2025
