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Vending Machines - Global Market Trajectory & Analytics

  • ID: 338688
  • Report
  • July 2020
  • Region: Global
  • 257 Pages
  • Global Industry Analysts, Inc
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Global Vending Machines Market to Reach US$146.6 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Vending Machines estimated at US$134.4 Billion in the year 2020, is projected to reach a revised size of US$146.6 Billion by 2027, growing at a CAGR of 1.3% over the analysis period 2020-2027.Beverage, one of the segments analyzed in the report, is projected to grow at a 1.7% CAGR to reach US$88.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Food segment is readjusted to a revised 1% CAGR for the next 7-year period. This segment currently accounts for a 16.9% share of the global Vending Machines market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 2.8% CAGR for the Period of 2020-2027

The Vending Machines market in the U. S. is estimated at US$36.5 Billion in the year 2020. The country currently accounts for a 27.13% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$27.7 Billion in the year 2027 trailing a CAGR of 2.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.1% and 1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.3% CAGR while Rest of European market (as defined in the study) will reach US$27.7 Billion by the year 2027.

Other Product Types Segment Corners a 24.6% Share in 2020

In the global Other Product Types segment, USA, Canada, Japan, China and Europe will drive the 0% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$25 Billion in the year 2020 will reach a projected size of US$25.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$19.1 Billion by the year 2027, while Latin America will expand at a 0.8% CAGR through the analysis period. The publisher brings years of research experience to this 18th edition of our report. The 257-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Acer Inc.
  • AOC International
  • Apple Inc.
  • ASUSTeK Computer Inc.
  • BenQ Corporation
  • Chuntex Electronics Co. Ltd.
  • Dell Inc.
  • Eizo Corporation
  • Gechic Corporation
  • Hannspree Europe Holdings B. V.
  • Hewlett-Packard Development Company L. P.
  • iiyama Corporation
  • Koninklijke Philips N. V.
  • Lenovo
  • LG Display Co. Ltd.
  • LG Electronics
  • NEC Display Solutions
  • Planar Systems Inc.
  • Qisda Corporation
  • Samsung Electronics Co., Ltd.
  • Tatung Company
  • TPV Technology Limited
  • ViewSonic Corporation Inc.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

A Prelude

Recent Market Activity

The Era of V-Commerce is Here to Stay

Future of Vending Machines

Market Structure: An Overview

Market Outlook

North America Represents Strong Market for Vending Machines

European Market Attains Maturity

Developing Countries to Turbocharge Global Growth

Technological Advancements Drive Vending Machine Industry

Micro-Market Vending: Revolutionizing the Concept of Convenience & Variety in Product Choice

Advanced Solutions Facilitating Intelligent Vending Machine Foundation

Expanding Middle Class Population in Developing Countries: A Key Growth Driver

Global Competitor Market Shares

Vending Machines Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Azkoyen Group (Spain)

Crane Co. (USA)

Crane Merchandising Systems Ltd. (UK)

Fuji Electric Co., Ltd. (Japan)

Glory Ltd. (Japan)

Maas International Group (The Netherlands)

Royal Vendors, Inc. (USA)

Sanden Holdings Corp. (Japan)

SandenVendo America, Inc. (USA)

Seaga Manufacturing, Inc. (USA)

Vendors Exchange International (USA)

Westomatic Vending Services Ltd. (UK)

3. MARKET TRENDS & DRIVERS

Select Key Trends in the Vending Machine Industry

Mobile Payments

Micro Markets

Wi-Fi Enabled Vending Machines

Telemetry

Consolidation

Customization – A Marketing Gimmick

Data Analytics

Opportunities Await for OCS and Micro Market Food

Advancements in Vending Technology Spearheads Market Growth

Going Cashless

Intelligent Vending Machines: Marking an Era of Innovations

Developed Markets: Early Adopters of Intelligent Vending

Wireless Vending Machines Witness Robust Growth at the Expense of Cash Only Machines

Growing Interest in Use of CO2 Machines in Vending Industry

SandenVendo’s Innovative Machines

Issues in Adoption of Natural Refrigerants

New Expansion Valve

Favorable Trends in Food Consumption Bodes Well for Vending Market

Growing Retail Sector Sets Stage for Food and Beverages Vending Machine Market

Healthy Vending Machines: The New Frontier for Future Growth

Organic Foods Drives the Popularity of Healthy Vending Machines

Demand for Healthy Foods to Drive Fresh Food Vending Machines Market

Fresh Food Vending: A Lucrative MerchandizingOpportunity

Healthful Snacking Trends Spur Demand forSnack Vending Machines

Strong Demand for Beverages Spurs Growth ofBeverage Vending Machines

Concerns Over Sugary Carbonated Drinks SpursDemand for Hot Beverage Vending Machines

Automatic Merchandising of Non-Food Productsto Witness Strong Demand

Micro Markets: An Extension of TraditionalVending Machines

Vending Machines - Great Potential and Opportunities

Spiraling Energy Prices Fuels Demand for EnergyEfficient Vending Machines

Right Locations: Key to Revenue Growth

Micro Markets Enjoy Higher Popularity overStandalone Vending Machines

Enhanced Product Variety

Lower Service Costs

Multiple Payment Options

Fewer Regulatory Issues

Challenges

24-Hour Supermarkets: A Threat to VendingMachines

Vandalism: A Major Challenge

Lack of Customization

Cigarette Vending Machines Come Underthe Regulatory Scanner

Regulation on Sale of Tobacco Products throughVending Machines by Select Country

Vending Machines: Evolution of TechnologyOver the Years

Introduction of Coin Operated Vending Machines38The Automated Era

Technological Innovations Boost Growth of VendingMachine Industry

Using Technology to Reduce Costs

Employing Cashless Payment Technology

Micro Markets Boosting Bottom Line Growth40Cloud and AI for Smarter Vending

Bidvest Foodservice to Launch Ooft Vending Machine

Innovative Approach Transforms VendingMachine Industry

Jabil and Intel to Supply Reference Designs forSmart Vending

Select Innovative and Unique Vending Machines

Select Technologies that Changed VendingExperience

Technological Developments – Snippets

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Vending Machines Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Vending Machines Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Vending Machines Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Beverage (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Beverage (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Beverage (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Food (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Food (Product Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Food (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Other Product Types (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Other Product Types (Product Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Other Product Types (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Vending Machines Market Share (in %) by Company: 2020 & 2025

Market Analytics
TABLE 13: United States Vending Machines Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 14: Vending Machines Market in the United States by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 15: United States Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

CANADA

TABLE 16: Canadian Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 17: Canadian Vending Machines Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 18: Vending Machines Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027

JAPAN

TABLE 19: Japanese Market for Vending Machines: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 20: Vending Machines Market in Japan: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 21: Japanese Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

CHINA

TABLE 22: Chinese Vending Machines Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 23: Vending Machines Historic Market Analysis in China in US$ Million by Product Type: 2012-2019
TABLE 24: Chinese Vending Machines Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Vending Machines Market: Competitor Market Share Scenario (in %) for 2020 & 2025

Market Analytics
TABLE 25: European Vending Machines Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 26: Vending Machines Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 27: European Vending Machines Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 28: European Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 29: Vending Machines Market in Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 30: European Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

FRANCE

TABLE 31: Vending Machines Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: French Vending Machines Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 33: French Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

GERMANY

TABLE 34: Vending Machines Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 35: German Vending Machines Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 36: German Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

ITALY

TABLE 37: Italian Vending Machines Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 38: Vending Machines Historic Market Analysis in Italy in US$ Million by Product Type: 2012-2019
TABLE 39: Italian Vending Machines Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 40: United Kingdom Market for Vending Machines: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 41: Vending Machines Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 42: United Kingdom Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

SPAIN

TABLE 43: Spanish Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 44: Spanish Vending Machines Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 45: Vending Machines Market in Spain: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027

RUSSIA

TABLE 46: Russian Vending Machines Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 47: Vending Machines Market in Russia by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 48: Russian Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 49: Rest of Europe Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 50: Vending Machines Market in Rest of Europe in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 51: Rest of Europe Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 52: Asia-Pacific Vending Machines Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 53: Vending Machines Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 54: Asia-Pacific Vending Machines Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 55: Vending Machines Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 56: Asia-Pacific Vending Machines Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 57: Asia-Pacific Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 58: Vending Machines Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 59: Australian Vending Machines Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 60: Australian Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

INDIA

TABLE 61: Indian Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 62: Indian Vending Machines Historic Market Review by Product Type in US$ Million: 2012-2019
TABLE 63: Vending Machines Market in India: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and 2027

SOUTH KOREA

TABLE 64: Vending Machines Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 65: South Korean Vending Machines Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 66: Vending Machines Market Share Distribution in South Korea by Product Type: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 67: Rest of Asia-Pacific Market for Vending Machines: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 68: Vending Machines Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 69: Rest of Asia-Pacific Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 70: Latin American Vending Machines Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 71: Vending Machines Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 72: Latin American Vending Machines Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 73: Latin American Vending Machines Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 74: Vending Machines Historic Market Analysis in Latin America in US$ Million by Product Type: 2012-2019
TABLE 75: Latin American Vending Machines Marketby Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 76: Argentinean Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 77: Vending Machines Market in Argentina in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 78: Argentinean Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

BRAZIL

TABLE 79: Vending Machines Market in Brazil by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 80: Brazilian Vending Machines Historic Market Scenario in US$ Million by Product Type: 2012-2019
TABLE 81: Brazilian Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

MEXICO

TABLE 82: Vending Machines Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 83: Mexican Vending Machines Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 84: Mexican Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 85: Rest of Latin America Vending Machines Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 86: Vending Machines Market in Rest of Latin America by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 87: Rest of Latin America Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 88: The Middle East Vending Machines Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 89: Vending Machines Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 90: The Middle East Vending Machines Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 91: The Middle East Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 92: The Middle East Vending Machines Historic Marketby Product Type in US$ Million: 2012-2019
TABLE 93: Vending Machines Market in the Middle East: Percentage Share Breakdown of Salesby Product Type for 2012,2020, and 2027

IRAN

TABLE 94: Iranian Market for Vending Machines: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 95: Vending Machines Market in Iran: Historic Sales Analysis in US$ Million by Product Type for the Period 2012-2019
TABLE 96: Iranian Vending Machines Market Share Analysis by Product Type: 2012 VS 2020 VS 2027

ISRAEL

TABLE 97: Israeli Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 98: Vending Machines Market in Israel in US$ Million by Product Type: A Historic Review for the Period 2012-2019
TABLE 99: Israeli Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 100: Saudi Arabian Vending Machines Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 101: Vending Machines Historic Market Analysis in Saudi Arabia in US$ Million by Product Type: 2012-2019
TABLE 102: Saudi Arabian Vending Machines Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 103: Vending Machines Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 104: United Arab Emirates Vending Machines Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 105: Vending Machines Market Share Distribution in United Arab Emirates by Product Type: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 106: Vending Machines Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 107: Rest of Middle East Vending Machines Historic Market Analysis in US$ Million by Product Type: 2012-2019
TABLE 108: Rest of Middle East Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

AFRICA

TABLE 109: African Vending Machines Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 110: Vending Machines Market in Africa by Product Type: A Historic Review in US$ Million for 2012-2019
TABLE 111: African Vending Machines Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 116

Note: Product cover images may vary from those shown
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