Market Overview:
The global drink vending machines industry market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience and on-the-go food and beverage options, especially among millennials. In addition, the increasing penetration of vending machines in airports, railway stations, schools, and business centers is also contributing to the growth of this market. The global drink vending machines industry market can be segmented by type into beverage, commodity, food, and others. The beverage segment is expected to account for the largest share of this market during the forecast period owing to rising demand for carbonated drinks and energy drinks. The commodity segment includes products such as cigarettes, candy bars etc., while the food segment includes items such as sandwiches and pizzas. Others include products such as lottery tickets etc. The global drink vending machines industry can also be divided by application into airports, railway stations,, schools,, business centers,, hospitals,, military bases,, prisons,.and others (such as gyms). Among these applications ,the airport segment is projectedto grow at a highest CAGRduringthe forecastperiod .
Product Definition:
Drink vending machines industry dispense drinks in a variety of forms, including soda, water and other beverages. The drink vending machines industry has been growing due to the increased demand for healthy and convenient snacks and beverages. The importance of the drink vending machines industry is that it offers consumers a convenient way to purchase drinks without having to go out.
Beverage:
Beverage is any substance consumed in small quantities to excess and used as a beverage is termed as Alcoholic Beverage (AB) or Non-Alcoholic Beverage (NAB). The major ingredients of beverages are water, flavoring agents, sweeteners, preservatives and colors. Some other ingredients may include emulsifiers which are added to prevent the formation of ice crystals.
Coodity:
Coodity is a service that helps manufacturers and operators of drink vending machines to manage their products in real-time. It provides inventory management, product configuration, reporting and analytics for the machine operators as well as the manufacturer. The operator can use this software to easily configure his/her drink vending machine by entering data such as price, brand name, quantity available etc.
Application Insights:
The others application segment held the largest market share of more than 40% in 2017. The segment includes parking meters, laundry machines, and smoking cessation devices among others. Airport application is projected to be the fastest-growing region over the forecast period owing to increasing air travelers¢â‚¬â„¢ demand for various beverages including coffee, soda, energy drinks and water.
Airport authorities are increasingly deploying drink vending machines at airports across the world due to growing passenger traffic and need for commercialization of airport premises. For instance; Dubai International Airport has installed a total of 12 food & beverage outlets at both terminals that cater to the needs of passengers waiting for their flight as well as those on board airplanes refueling or boarding aircrafts. Such developments are expected to fuel industry growth over next few years.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to high demand for on-the-go products and services. The U.S., in particular, has a strong presence of global players such as Coca Cola Company; PepsiCo Inc.; and Dr Pepper/Seven Up, Inc. Moreover, these companies are also looking at expanding their businesses in this region by acquiring new companies or entering into partnerships with local operators of DDMMs. For instance, In October 2017, Pepsico announced its plan to expand its network of drink vending machines across Canada through an acquisition offer for snack machine manufacturer Bensons for 5 million ( USD).
Asia Pacific is anticipated to be one of the fastest growing regions due to increasing demand from developing countries such as India and China among others.
Growth Factors:
- Increasing demand for healthy and convenient drinks: The drink vending machines industry is benefiting from the increasing demand for healthy and convenient drinks. This is because drink vending machines offer a wide range of beverages, including both hot and cold drinks, which appeal to consumers’ needs for convenience and health.
- Rising number of self-employed individuals: The number of self-employed individuals is rising, which is benefiting the drink vending machines industry. This is because self-employed individuals are more likely to use drink vending machines as a means of obtaining quick and easy access to beverages than those who are employed by others.
- Growing popularity of office break rooms: Office break rooms are becoming increasingly popular, which is benefiting the drink vending machines industry. This is because office break rooms provide employees with a place to relax during their breaks, as well as access to food and beverage items that they may not have otherwise had access to if they worked from home or outside the office premises altogether.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drink Vending Machines Industry Market Research Report
By Type
Beverage, Coodity, Food, Others, .
By Application
Airport, Railway Station, School, Business Center, Others
By Companies
Fuji Electric, Azkoyen Group, Crane, Jofemar, Westomatic, Seaga, N&W Global Vending, Deutsche Wurlitzer, Automated Merchandising Systems, Sielaff, Bianchi Vending Group, Royal Vendors, FAS International, SandenVendo, Fushi Bingshan, TCN Vending Machine, Fuhong Vending, Kimma
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Drink Vending Machines Industry Market Report Segments:
The global Drink Vending Machines Industry market is segmented on the basis of:
Types
Beverage, Coodity, Food, Others, .
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
Airport, Railway Station, School, Business Center, 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:
- Fuji Electric
- Azkoyen Group
- Crane
- Jofemar
- Westomatic
- Seaga
- N&W Global Vending
- Deutsche Wurlitzer
- Automated Merchandising Systems
- Sielaff
- Bianchi Vending Group
- Royal Vendors
- FAS International
- SandenVendo
- Fushi Bingshan
- TCN Vending Machine
- Fuhong Vending
- Kimma
Highlights of The Drink Vending Machines Industry 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
- Coodity
- Food
- Others
- .
- By Application:
- Airport
- Railway Station
- School
- Business Center
- 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 Drink Vending Machines Industry 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?
The drink vending machines industry is a $15.5 billion global industry that manufactures, sells and services beverage dispensing machines. These machines are used in places such as restaurants, convenience stores and other retail outlets to dispense soft drinks, water, coffee and other beverages to customers.
Some of the major companies in the drink vending machines industry market are Fuji Electric, Azkoyen Group, Crane, Jofemar, Westomatic, Seaga, N&W Global Vending, Deutsche Wurlitzer, Automated Merchandising Systems, Sielaff, Bianchi Vending Group, Royal Vendors, FAS International, SandenVendo, Fushi Bingshan, TCN Vending Machine, Fuhong Vending, Kimma.
The drink vending machines industry market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Drink Vending Machines Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Drink Vending Machines Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Drink Vending Machines Industry Market - Supply Chain
4.5. Global Drink Vending Machines Industry Market Forecast
4.5.1. Drink Vending Machines Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Drink Vending Machines Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Drink Vending Machines Industry Market Absolute $ Opportunity
5. Global Drink Vending Machines Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Drink Vending Machines Industry Market Size and Volume Forecast by Type
5.3.1. Beverage
5.3.2. Coodity
5.3.3. Food
5.3.4. Others
5.3.5. .
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Drink Vending Machines Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Drink Vending Machines Industry Market Size and Volume Forecast by Application
6.3.1. Airport
6.3.2. Railway Station
6.3.3. School
6.3.4. Business Center
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Drink Vending Machines Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Drink Vending Machines Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Drink Vending Machines Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Drink Vending Machines Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Drink Vending Machines Industry Demand Share Forecast, 2019-2026
9. North America Drink Vending Machines Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Drink Vending Machines Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Drink Vending Machines Industry Market Size and Volume Forecast by Application
9.4.1. Airport
9.4.2. Railway Station
9.4.3. School
9.4.4. Business Center
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Drink Vending Machines Industry Market Size and Volume Forecast by Type
9.7.1. Beverage
9.7.2. Coodity
9.7.3. Food
9.7.4. Others
9.7.5. .
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Drink Vending Machines Industry Demand Share Forecast, 2019-2026
10. Latin America Drink Vending Machines Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Drink Vending Machines Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Drink Vending Machines Industry Market Size and Volume Forecast by Application
10.4.1. Airport
10.4.2. Railway Station
10.4.3. School
10.4.4. Business Center
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Drink Vending Machines Industry Market Size and Volume Forecast by Type
10.7.1. Beverage
10.7.2. Coodity
10.7.3. Food
10.7.4. Others
10.7.5. .
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Drink Vending Machines Industry Demand Share Forecast, 2019-2026
11. Europe Drink Vending Machines Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Drink Vending Machines Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Drink Vending Machines Industry Market Size and Volume Forecast by Application
11.4.1. Airport
11.4.2. Railway Station
11.4.3. School
11.4.4. Business Center
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Drink Vending Machines Industry Market Size and Volume Forecast by Type
11.7.1. Beverage
11.7.2. Coodity
11..3. Food
11.7.4. Others
11.7.5. .
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Drink Vending Machines Industry Demand Share, 2019-2026
12. Asia Pacific Drink Vending Machines Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Drink Vending Machines Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Drink Vending Machines Industry Market Size and Volume Forecast by Application
12.4.1. Airport
12.4.2. Railway Station
12.4.3. School
12.4.4. Business Center
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Drink Vending Machines Industry Market Size and Volume Forecast by Type
12.7.1. Beverage
12.7.2. Coodity
12.7.3. Food
12.7.4. Others
12.7.5. .
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Drink Vending Machines Industry Demand Share, 2019-2026
13. Middle East & Africa Drink Vending Machines Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Drink Vending Machines Industry Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Drink Vending Machines Industry Market Size and Volume Forecast by Application
13.4.1. Airport
13.4.2. Railway Station
13.4.3. School
13.4.4. Business Center
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Drink Vending Machines Industry Market Size and Volume Forecast by Type
13.7.1. Beverage
13.7.2. Coodity
13.7.3. Food
13.7.4. Others
13.7.5. .
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Drink Vending Machines Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Drink Vending Machines Industry Market: Market Share Analysis
14.2. Drink Vending Machines Industry Distributors and Customers
14.3. Drink Vending Machines Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fuji Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Azkoyen Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Crane
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jofemar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Westomatic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seaga
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. N&W Global Vending
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Deutsche Wurlitzer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Automated Merchandising Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sielaff
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bianchi Vending Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Royal Vendors
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. FAS International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SandenVendo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fushi Bingshan
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. TCN Vending Machine
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Fuhong Vending
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Kimma
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
