Global Market Research Company US Global Coffee Machines Market, 2014-2024 | Page 13

Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of global coffee machines market. The team has analyzed the
outlook of various segments of this market, while considering the major influencing factors such as increasing disposable income in developing
countries, etc., and hence, rising demand for modern kitchen appliances, booming HoReCa sector and growing coffee culture. The study includes
market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global coffee
machines market.
Methodology Followed for Calculation of Market Size:
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Market Size by Value: Market size, in terms of value, for the year 2018 was calculated based on information collected through exhaustive
secondary research and primary interviews with various key opinion leaders/stakeholders, such as manufacturers and distributors.
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The team interviewed more than 10 manufacturers/suppliers, 125 distributors/sub-distributors and 10 industry experts in global coffee
machines market to obtain the overall market size during 2014-2018, which was validated by the Delphi technique. Taking standard deviation
into consideration, the market size was averaged out, to arrive at the market size data for 2014-2018.
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Respondents were asked about the current and future market growth rates, market shares by product type, by end user, by region and by
company. Removing the outlier responses, the geometric mean of growth estimates and product wise revenue shares generated across various
segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated
from other stakeholders depending upon the segments of coffee machines market.
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