The per capita volume of domestic electric coffee or tea makers in Spain has shown modest fluctuations between 2013 and 2023. By 2023, the market reached 0.075 units per capita, regaining levels seen in 2015. From 2021 to 2022, the market held steady with no change, while 2022 to 2023 saw a year-on-year growth of approximately 1.35%. Over the last five years, the Compound Annual Growth Rate (CAGR) is around 0.6%, highlighting a stable yet slow-paced recovery trend.
Future trends to watch for:
- Increasing demand for innovative and convenient brewing technologies.
- Rising consumer interest in energy-efficient and sustainable appliances.
- Potential impact of economic fluctuations and inflation on consumer spending capacity.