Report on Global Vending Machines Market 2021-2027

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DUBLIN, November 1, 2021 / PRNewswire / – The “Vending Machines – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer.

Global Vending Machines Market To Reach $ 146.6 billion by 2027

The global vending machine market estimated at 134.4 billion US dollars in 2020, is expected to reach a revised size of 146.6 billion US dollars by 2027, with a CAGR of 1.3% over the analysis period 2020-2027.

Beverages, one of the segments analyzed in the report, is expected to register a CAGR of 1.7% and reach 88.6 billion US dollars at the end of the analysis period. After an initial analysis of the business implications of the pandemic and the resulting economic crisis, the growth of the Food segment is readjusted to a revised CAGR of 1% for the next 7-year period.

The US market is estimated at $ 36.5 billion, while China is expected to grow at 2.8% CAGR

The market for vending machines in the United States is estimated at 36.5 billion US dollars in the year 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 27.7 billion by 2027, with a CAGR of 2.8% over the analysis period 2020 to 2027. Other notable geographies include Japan and Canada, each forecasts growth of -0.1% and 1% respectively over the period 2020-2027. In Europe, Germany is expected to grow at around 0.3% CAGR.

Other Product Types Segment to Record 0.3% CAGR

In the global segment of other product types, United States, Canada, Japan, China and Europe will result in the estimated 0% CAGR for this segment. These regional markets representing a combined market size of US $ 25 billion in 2020 will reach a projected size of US $ 25.1 billion at the end of the analysis period.

China will remain among the most dynamic of this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 19.1 billion by 2027, while Latin America will increase at a CAGR of 0.8% throughout the analysis period.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Global market trajectories
  • A prelude
  • Recent market activity
  • The era of V-Commerce is here to stay
  • The future of vending machines
  • Market structure: an overview
  • Market outlook
  • North America represents a strong market for vending machines
  • The European market reaches maturity
  • Developing countries will boost global growth
  • Technological advancements are driving the vending machine industry
  • Micro-market Vending: revolutionizing the concept of convenience and variety in the choice of products
  • Advanced solutions facilitating the foundation of intelligent vending machines
  • Growing the middle class population in developing countries: a key growth engine
  • Impact of Covid-19 and an impending global recession

2. FOCUS ON CERTAIN PLAYERS

  • Azkoyen Group (Spain)
  • Crane Co. (United States)
  • Crane Merchandising Systems Ltd. (UK)
  • Fuji Electric Co., Ltd. (Japan)
  • Glory Ltd. (Japan)
  • Maas International Group (The Netherlands)
  • Royal Sellers, Inc. (United States)
  • Sanden Holdings Corp. (Japan)
  • SandenVendo America, Inc. (United States)
  • Seaga Manufacturing, Inc. (United States)
  • International exchange of sellers (United States)
  • Westomatic Vending Services Ltd. (UK)

3. MARKET TRENDS AND FACTORS

  • Select the main trends in the vending machine industry
  • Mobile payments
  • Micro markets
  • Wi-Fi enabled vending machines
  • Telemetry
  • Consolidation
  • Personalization – A marketing gadget
  • Data analysis
  • Opportunities for OCS and Micro Market Food
  • Advances in vending machine technology are spearheading market growth
  • Switch to cash
  • Smart vending machines: marking an era of innovation
  • Developed markets: first users of smart selling
  • Wireless vending machines show robust growth at the expense of cash vending machines
  • Growing interest in the use of CO2 machines in the vending industry
  • Innovative machines from SandenVendo
  • Problems with the adoption of natural refrigerants
  • New Regulator
  • Favorable food consumption trends bode well for the vending machine market
  • Growth in retail industry paves way for food and beverage vending machine market
  • Healthy vending machines: the new frontier for future growth
  • Organic Foods Boost Popularity of Healthy Vending Machines
  • The demand for healthy food to drive the fresh food vending machine market
  • Fresh produce sales: a lucrative merchandising opportunity
  • Healthy snack trends are driving demand for snack vending machines
  • Strong beverage demand drives growth of beverage vending machines
  • Concerns over sugary sodas are driving demand for hot drink vending machines
  • Automatic merchandising of non-food products to support high demand
  • Micro-markets: an extension of traditional vending machines
  • Vending Machines – Great Potential and Opportunities
  • Soaring energy prices are fueling demand for energy-efficient vending machines
  • The right locations: the key to revenue growth
  • Micro-markets enjoy greater popularity compared to stand-alone vending machines
  • Improved product variety
  • Reduced service costs
  • Multiple payment options
  • Fewer regulatory issues
  • Challenges
  • 24-hour supermarkets: a threat to vending machines
  • Vandalism: a major challenge
  • Lack of customization
  • Cigarette vending machines fall under the regulatory scanner
  • Regulations on the sale of tobacco products in vending machines by selected country
  • Vending machines: evolution of technology over the years
  • Introduction of coin-operated vending machines 38 The automated era
  • Technological innovations are driving the growth of the vending machine industry
  • Use technology to reduce costs
  • Use cashless payment technology
  • Micro Markets Drive Results Growth 40 Cloud and AI for Smarter Selling
  • Bidvest Foodservice to launch an Ooft vending machine
  • Innovative approach transforms the vending industry
  • Jabil and Intel to Provide Reference Designs for Smart Selling
  • Select innovative and unique vending machines
  • Select the technologies that have changed the retail experience
  • Technological developments – Excerpts

4. WORLD MARKET PERSPECTIVE

  • Global 15 Year Outlook for Vending Machines by Geographic Region – Percentage Breakdown of Sales Value for United States, Canada, Japan, China, Europe, Asia Pacific, Latin America, Middle East and African markets for the years 2012, 2020 and 2027
  • Global 15 Year Perspective for Beverages by Geographic Region – Percentage Breakdown of Sales Value for United States, Canada, Japan, China, Europe, Asia Pacific, Latin America, Middle East and Africa for the years 2012, 2020 and 2027
  • Global 15 Year Outlook for Food by Geographic Region – Percentage Breakdown of Sales in Value for United States, Canada, Japan, China, Europe, Asia Pacific, Latin America, Middle East and Africa for the years 2012, 2020 and 2027
  • Global 15-year perspective for other product types by geographic region – Percentage distribution of sales in value for United States, Canada, Japan, China, Europe, Asia Pacific, Latin America, Middle East and Africa for the years 2012, 2020 and 2027

III. REGIONAL MARKET ANALYSIS

IV. COMPETETION

  • Total number of profiled companies: 116

For more information on this report, visit https://www.researchandmarkets.com/r/wh40b

Media contact:

Research and markets
Laura Wood, senior
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SOURCE Research and Markets

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