Market Overview:
The global vending machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for convenience foods and beverages, rising disposable income, and growing urbanization. In terms of type, the food segment is expected to hold the largest share of the global vending machine market during the forecast period. This can be attributed to changing consumer preferences for healthy snacks and increasing demand for on-the-go food options.
Product Definition:
A vending machine is a machine that dispenses items such as snacks, beverages, cigarettes, and lottery tickets after money or a credit card is inserted into the machine.
FOOD:
Food is any substance or material that can be consumed to fulfill nutritional requirements and taste. It includes edible products, raw materials used for manufacturing such products, and the processes involved in producing them. The most common types of food are beverages (alcoholic and non-alcoholic), solid (baked goods & frozen foods) and liquid (juices & milk).
CIGARETTE:
Cigarette is also known as smoke, fag, or roll-your-own. It is a tobacco leaves rolled in a thin paper for making it easy to smoke. Cigarettes are available in different flavors such as menthol, vanilla, chocolate etc. and can be bought from vending machines by selecting the required brand and flavor via an interactive display screen.
Application Insights:
The factory application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as growing production industries in emerging economies, increasing demand for packaged food products, and rising disposable income levels among consumers.
The office building application segment is expected to witness significant growth over the forecast period owing to factors such as rapid urbanization, technological developments & innovations in vending machine industry by major players, rising number of start-ups across developing countries including China India & Brazil which require offices spaces; and lastly due increase in spending on office refurbishment projects across developed countries including U.S., Canada France etc.; which will drive product demand over the next few years involving high investment returns; thus propelling market growth during this phase.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 5% during the forecast period. This can be attributed to increasing adoption of self-service technologies and rising demand for on-demand services in countries, such as U.S., Canada, and Mexico. Moreover, presence of major players such as International Vending Machine Inc.
Asia Pacific is anticipated to emerge as the fastest growing regional market with a CAGR exceeding 6% during the same period owing to rapid urbanization coupled with increasing disposable income levels in emerging economies including China.
Growth Factors:
- Increasing demand for healthy snacks and beverages from the health-conscious population
- Growing number of working women who prefer to buy food and drinks from vending machines instead of going out for lunch or snacks
- Proliferation of vending machines in transportation hubs, educational institutions, and office complexes
- Introduction of new technologies that offer greater convenience and variety to consumers
- Rise in disposable income levels among the middle-class population in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Vending Machine Market Research Report
By Type
FOOD, CIGARETTE, TICKET, FOOD, BEVERAGE&DRINK, OTHER GOODS
By Application
FACTORY, OFFICE BUILDING, PUBLIC PLACES, SCHOOL, OTHERS
By Companies
Fuji Electric, Crane, SandenVendo, Lone Star Funds, Sielaff, Azkoyen Group, Bianchi Vending, Royal Vendors, Selecta, 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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Vending Machine Market Report Segments:
The global Vending Machine market is segmented on the basis of:
Types
FOOD, CIGARETTE, TICKET, FOOD, BEVERAGE&DRINK, 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
FACTORY, OFFICE BUILDING, 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:
- Fuji Electric
- Crane
- SandenVendo
- Lone Star Funds
- Sielaff
- Azkoyen Group
- Bianchi Vending
- Royal Vendors
- Selecta
- Jofemar
- Westomatic
- Fushi Bingshan
- Seaga
- FAS International
- Deutsche Wurlitzer
- AMS
- Aucma
Highlights of The Vending Machine 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:
- FOOD
- CIGARETTE
- TICKET
- FOOD
- BEVERAGE&DRINK
- OTHER GOODS
- By Application:
- FACTORY
- OFFICE BUILDING
- 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 Machine 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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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?
A vending machine is a mechanical device that dispenses goods to customers.
Some of the key players operating in the vending machine market are Fuji Electric, Crane, SandenVendo, Lone Star Funds, Sielaff, Azkoyen Group, Bianchi Vending, Royal Vendors, Selecta, Jofemar, Westomatic, Fushi Bingshan, Seaga, FAS International, Deutsche Wurlitzer, AMS, Aucma.
The vending machine market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vending Machine 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. Vending Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vending Machine Market - Supply Chain
4.5. Global Vending Machine Market Forecast
4.5.1. Vending Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vending Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vending Machine Market Absolute $ Opportunity
5. Global Vending Machine 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. Vending Machine Market Size and Volume Forecast by Type
5.3.1. FOOD
5.3.2. CIGARETTE
5.3.3. TICKET
5.3.4. FOOD
5.3.5. BEVERAGE&DRINK
5.3.6. OTHER GOODS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vending Machine 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. Vending Machine Market Size and Volume Forecast by Application
6.3.1. FACTORY
6.3.2. OFFICE BUILDING
6.3.3. PUBLIC PLACES
6.3.4. SCHOOL
6.3.5. OTHERS
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vending Machine 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. Vending Machine 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 Vending Machine 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. Vending Machine 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 Vending Machine Demand Share Forecast, 2019-2026
9. North America Vending Machine 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 Vending Machine 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 Vending Machine Market Size and Volume Forecast by Application
9.4.1. FACTORY
9.4.2. OFFICE BUILDING
9.4.3. PUBLIC PLACES
9.4.4. SCHOOL
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 Vending Machine Market Size and Volume Forecast by Type
9.7.1. FOOD
9.7.2. CIGARETTE
9.7.3. TICKET
9.7.4. FOOD
9.7.5. BEVERAGE&DRINK
9.7.6. OTHER GOODS
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 Vending Machine Demand Share Forecast, 2019-2026
10. Latin America Vending Machine 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 Vending Machine 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 Vending Machine Market Size and Volume Forecast by Application
10.4.1. FACTORY
10.4.2. OFFICE BUILDING
10.4.3. PUBLIC PLACES
10.4.4. SCHOOL
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 Vending Machine Market Size and Volume Forecast by Type
10.7.1. FOOD
10.7.2. CIGARETTE
10.7.3. TICKET
10.7.4. FOOD
10.7.5. BEVERAGE&DRINK
10.7.6. OTHER GOODS
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 Vending Machine Demand Share Forecast, 2019-2026
11. Europe Vending Machine 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 Vending Machine 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 Vending Machine Market Size and Volume Forecast by Application
11.4.1. FACTORY
11.4.2. OFFICE BUILDING
11.4.3. PUBLIC PLACES
11.4.4. SCHOOL
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 Vending Machine Market Size and Volume Forecast by Type
11.7.1. FOOD
11.7.2. CIGARETTE
11.7.3. TICKET
11.7.4. FOOD
11.7.5. BEVERAGE&DRINK
11.7.6. OTHER GOODS
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 Vending Machine Demand Share, 2019-2026
12. Asia Pacific Vending Machine 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 Vending Machine 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 Vending Machine Market Size and Volume Forecast by Application
12.4.1. FACTORY
12.4.2. OFFICE BUILDING
12.4.3. PUBLIC PLACES
12.4.4. SCHOOL
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 Vending Machine Market Size and Volume Forecast by Type
12.7.1. FOOD
12.7.2. CIGARETTE
12.7.3. TICKET
12.7.4. FOOD
12.7.5. BEVERAGE&DRINK
12.7.6. OTHER GOODS
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 Vending Machine Demand Share, 2019-2026
13. Middle East & Africa Vending Machine 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 Vending Machine 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 Vending Machine Market Size and Volume Forecast by Application
13.4.1. FACTORY
13.4.2. OFFICE BUILDING
13.4.3. PUBLIC PLACES
13.4.4. SCHOOL
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 Vending Machine Market Size and Volume Forecast by Type
13.7.1. FOOD
13.7.2. CIGARETTE
13.7.3. TICKET
13.7.4. FOOD
13.7.5. BEVERAGE&DRINK
13.7.6. OTHER GOODS
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 Vending Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vending Machine Market: Market Share Analysis
14.2. Vending Machine Distributors and Customers
14.3. Vending Machine 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. Crane
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SandenVendo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lone Star Funds
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sielaff
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Azkoyen Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bianchi 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. Royal Vendors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Selecta
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jofemar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Westomatic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fushi Bingshan
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Seaga
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. FAS International
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Deutsche Wurlitzer
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AMS
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Aucma
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
