Capsule coffee sales boom in Korea

In this article (4)
As more people enjoy their own coffee at home or at work, sales of capsule coffee machines are going through the roof.
Nescafe Dolce Gusto, the largest capsule coffee machine provider in Korea, announced this week that sales of its capsule coffee machines in the first quarter this year rose 73.4 per cent over the same period of the previous year.
However, during the same period, sales of automatic espresso machines and filter coffee machines saw increases of only 15.6 per cent and 3.5 per cent respectively.
Market watchers believe the rising popularity of capsule coffee machines is the product of consumer demand for both taste and convenience. In particular, they attributed the rise in sales to a tendency among consumers to enjoy reasonably-priced coffee at home instead of splurging on expensive beverages at popular coffee shops, a change brought on by financial restraint in the midst of a period of economic uncertainty.
An official at Nescafe Dolce Gusto said: “In the early stages of the Korean capsule coffee market, newly-wed couples led the way. Now, with a variety of products in terms of price and design, more and more people are showing interest.”
Meanwhile, Nescafe Dolce Gusto is offering a trade-in promotion giving a 50 per cent discount on its new capsule coffee machine to those who exchange their old coffee machine, until June 14.
Questions & Answers
Q.What is driving the increased popularity of capsule coffee machines in Korea?
What is driving the increased popularity of capsule coffee machines in Korea?
Market watchers believe consumer demand for both taste and convenience is responsible. Consumers are opting for reasonably-priced coffee at home instead of expensive coffee shop beverages, a trend driven by financial restraint during economic uncertainty.
Q.How do sales of capsule coffee machines compare to other types of coffee machines?
How do sales of capsule coffee machines compare to other types of coffee machines?
Sales of Nescafe Dolce Gusto's capsule coffee machines rose by 73.4% in the first quarter this year. In the same period, automatic espresso machines saw a 15.6% increase, and filter coffee machines grew by only 3.5%.
Q.Who was initially responsible for the growth of the Korean capsule coffee market?
Who was initially responsible for the growth of the Korean capsule coffee market?
An official at Nescafe Dolce Gusto stated that newly-wed couples were the early adopters and led the way in the Korean capsule coffee market. Now, a wider range of people are showing interest.
Reader pulse
Is home capsule coffee a long-term trend?
18,795 votes so far