Market Overview:
The global vending surrounds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vending machines for automatic retailing of various types of goods such as beverages, food items, cigarettes, and tickets among others. In addition, the growing trend of automation across different sectors is also propelling the growth of this market. Based on type, the global vending surrounds market can be segmented into beverage & drink type, food type, cigarette type, ticket type and other goods. The beverage & drink type segment is expected to account for a major share in terms of revenue in 2018 owing to rising demand for soft drinks and other beverages from consumers across different regions. On the basis of application, supermarket accounted for majority share in 2017 and is projected to maintain its dominance during forecast period due high footfall traffic at these stores coupled with increasing inclination towards convenience shopping by consumers globally.
Product Definition:
A vending surround is a type of advertising that surrounds a vending machine. It can be made up of any number of materials, including vinyl, metal, or plastic. Vending surrounds are often used to promote products or brands that are available from the vending machine. They can also be used to advertise special deals or discounts available from the machine.
Beverage & Drink Type:
Beverage & Drink Type, it's usage.
The global vending machines industry is expected to grow at a CAGR of XX% from 2016 to 2024. The major drivers for this industry are the increasing demand for on-the-go snacks and beverages among consumers, changing consumer preferences towards convenience goods, growing trend of socializing at workplace etc.
Food Type:
Food type is the classification of food products that are offered for sale in vending machines. The different types of food items include ready-to-eat, fresh, chilled and frozen foods as well as beverages. Vending machines can be found in various places such as offices, public transport stations and also at petrol pumps.
The global vending machine market size was valued at USD 30 billion in 2015.
Application Insights:
The market is segmented by application into supermarket, public places, school and others. The public places segment dominated the global vending surrounds market in 2017 owing to the high usage of these machines at airports, railway stations and shopping complexes. In addition, growing urbanization has led to an increase in the number of public places such as bus stands and metro stations across various regions which have fueled demand for vending surround systems over the past few years.
The increasing popularity of online food ordering platforms such as Uber Eats has driven restaurants to incorporate these systems instead of manual distribution channels thereby fueling demand for automatic beverage dispensing machines over recent years. Furthermore, supermarkets are expected to be one of the fastest-growing segments due to their wide dispersal across various regions coupled with rising consumer preference for bulk buying goods from stores that offer convenient access points leading to increased adoption rates among retailers globally.
Regional Analysis:
North America dominated the global vending surrounds market in 2017. North America has a large number of retail stores, which are using these machines for dispensing various types of products such as food and beverages, cigarettes, tickets and other goods. The region is expected to continue its dominance over the forecast period owing to increasing adoption by retailers for providing convenience to consumers.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rising disposable income levels among people in developing countries such as India and China. Moreover, increasing government initiatives on improving public health through controlling tobacco smoking will drive growth over the next eight years. For instance, according with WHO data published in May 2018; around 6 million deaths were caused due tobacco smoking every year in China alone till 2016 (1).
Growth Factors:
- Increasing demand for healthy and fresh food options: The vending surrounds market is expected to benefit from the increasing demand for healthy and fresh food options. This is because the vending surrounds provide an easy way to access these types of food items.
- Growing popularity of convenience stores: Convenience stores are becoming increasingly popular, and this is expected to benefit the vending surrounds market as well. This is because convenience stores typically offer a wide variety of snacks and drinks, which can be purchased through a vending machine.
- Rising disposable income levels: Disposable income levels are rising in many countries around the world, which is benefiting the vending surrounds market. This is because consumers have more money available to spend on snacks and drinks, which they can purchase from a vending machine instead of going to a store or café.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vending Surrounds Market Research Report
By Type
Beverage & Drink Type, Food Type, Cigarette Type, Ticket Type, Other Goods
By Application
Supermarket, Public Places, School, Others
By Companies
Nebrak, COFFEE LOVE CO, Fuji Electric, Crane, SandenVendo, Lone Star Funds, Sielaff, Azkoyen Group, Bianchi Vending, Royal Vendors, Nebrak, Jofemar, Westomatic, Fushi Bingshan, Seaga, FAS International, Deutsche Wurlitzer, AMS, Aucma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Vending Surrounds Market Report Segments:
The global Vending Surrounds market is segmented on the basis of:
Types
Beverage & Drink Type, Food Type, Cigarette Type, Ticket Type, Other Goods
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Public Places, School, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nebrak
- COFFEE LOVE CO
- Fuji Electric
- Crane
- SandenVendo
- Lone Star Funds
- Sielaff
- Azkoyen Group
- Bianchi Vending
- Royal Vendors
- Nebrak
- Jofemar
- Westomatic
- Fushi Bingshan
- Seaga
- FAS International
- Deutsche Wurlitzer
- AMS
- Aucma
Highlights of The Vending Surrounds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Beverage & Drink Type
- Food Type
- Cigarette Type
- Ticket Type
- Other Goods
- By Application:
- Supermarket
- Public Places
- School
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vending Surrounds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vending surrounds are a type of vending machine that dispense items such as food, drinks, and cigarettes. They are typically found in busy areas such as airports or shopping malls.
Some of the key players operating in the vending surrounds market are Nebrak, COFFEE LOVE CO, Fuji Electric, Crane, SandenVendo, Lone Star Funds, Sielaff, Azkoyen Group, Bianchi Vending, Royal Vendors, Nebrak, Jofemar, Westomatic, Fushi Bingshan, Seaga, FAS International, Deutsche Wurlitzer, AMS, Aucma.
The vending surrounds market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vending Surrounds Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Vending Surrounds Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vending Surrounds Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Vending Surrounds Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Vending Surrounds Market Size & Forecast, 2020-2028 4.5.1 Vending Surrounds Market Size and Y-o-Y Growth 4.5.2 Vending Surrounds Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Beverage & Drink Type
5.2.2 Food Type
5.2.3 Cigarette Type
5.2.4 Ticket Type
5.2.5 Other Goods
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Public Places
6.2.3 School
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vending Surrounds Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vending Surrounds Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Beverage & Drink Type
9.6.2 Food Type
9.6.3 Cigarette Type
9.6.4 Ticket Type
9.6.5 Other Goods
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Public Places
9.10.3 School
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Beverage & Drink Type
10.6.2 Food Type
10.6.3 Cigarette Type
10.6.4 Ticket Type
10.6.5 Other Goods
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Public Places
10.10.3 School
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Beverage & Drink Type
11.6.2 Food Type
11.6.3 Cigarette Type
11.6.4 Ticket Type
11.6.5 Other Goods
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Public Places
11.10.3 School
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Beverage & Drink Type
12.6.2 Food Type
12.6.3 Cigarette Type
12.6.4 Ticket Type
12.6.5 Other Goods
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Public Places
12.10.3 School
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Beverage & Drink Type
13.6.2 Food Type
13.6.3 Cigarette Type
13.6.4 Ticket Type
13.6.5 Other Goods
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Public Places
13.10.3 School
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vending Surrounds Market: Competitive Dashboard
14.2 Global Vending Surrounds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nebrak
14.3.2 COFFEE LOVE CO
14.3.3 Fuji Electric
14.3.4 Crane
14.3.5 SandenVendo
14.3.6 Lone Star Funds
14.3.7 Sielaff
14.3.8 Azkoyen Group
14.3.9 Bianchi Vending
14.3.10 Royal Vendors
14.3.11 Nebrak
14.3.12 Jofemar
14.3.13 Westomatic
14.3.14 Fushi Bingshan
14.3.15 Seaga
14.3.16 FAS International
14.3.17 Deutsche Wurlitzer
14.3.18 AMS
14.3.19 Aucma