+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Vending Machines - Global Strategic Business Report

  • PDF Icon

    Report

  • 494 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338688

Global Vending Machines Market to Reach $30.8 Billion by 2030

The global market for Vending Machines estimated at US$19.4 Billion in the year 2023, is projected to reach a revised size of US$30.8 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030.

Beverage Vending Machines, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$19 Billion by the end of the analysis period. Growth in the Food Vending Machines segment is estimated at 5.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.5 Billion, While China is Forecast to Grow at 8.3% CAGR

The Vending Machines market in the U.S. is estimated at US$6.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 5.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 94 Featured)

  • AutoCrib, Inc.
  • Azkoyen Group
  • Bianchi Industry S.p.A.
  • Crane Co.
  • FastCorp Vending LLC
  • Fastenal Company
  • Fuji Electric Co., Ltd.
  • Glory Ltd.
  • Invenda Group AG
  • Jofemar Corp.
  • Royal Vendors, Inc.
  • Sanden Holdings Corp.
  • Seaga Manufacturing, Inc.
  • Selecta AG
  • Westomatic Vending Services Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competition
  • Vending Machines - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Against the Backdrop of the Rise of Self-Service Technologies, V-Commerce is Here to Stay
  • Growing Popularity of the Concept of Self Service Technology to Benefit Investments in Vending Machines: Global Self Service Technology Market (In US$ Billion) for Years 2022, 2024, 2026 and 2028
  • Global Economic Update
  • Vending Machines: Overview, Types, & Market Structure
  • World Brands
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Led by Growing Population & Nutrition Needs, Global Food Industry Offers Broad Based Opportunities for Vending Machines in Chilled & Frozen Foods Retailing
  • Growing Population Pushes up Demand for Food and Beverage Products, Opening Up Parallel Opportunities for Vending Machine Retailing: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Strong Consumer Demand for Frozen Foods to Spur Sales of Frozen Food Vending Machines: Global Opportunity for Frozen Foods by Type (In US$ Billion) for Years 2020, 2022, 2024, 2026
  • Meat Vending Machines Make Their Appearance Against the Backdrop of Growing Meat Consumption
  • Robust Demand for Protein Rich Diets to Drive Demand for Meat Vending Machines: Global Average Per Capita Consumption of Meat & Seafood (In Kgs) for Years 2020, 2022, 2024 & 2026
  • Focus on Sustainability & Building a Circular Economy Drives the Popularity of Reverse Vending Machine (RVM)
  • As Recycling Efforts Gain Momentum, Reverse Vending Machines Become a Key Link in the Waste Material Recovery Process in the Retail Sector: Global Market for Recycling Services (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
  • Technology Innovations Continue to Remain Crucial to Market Growth & Expansion
  • Robust Growth Opportunities in Store for OCS & Micro Market Vending
  • Epidemic Rise in Obesity & Diabetes Drives Focus on Healthy Food Vending
  • Pressure to Reduce Carbon Footprint Fuels Demand for Energy Efficient Vending Machines
  • Intelligent Vending Machines Set to Post Impressive Growth
  • AI Powered Vending Machines Storms Into the Spotlight
  • IoT Revolutionizes Vending Machines
  • Here’s How Blockchain is Impacting Vending Machines
  • Piggybacking on the Self-Service Trend, Laundromats/Coin Operated Laundry Machines Become Popular
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Vending Machines Market Analysis of Annual Sales in US$ Million for Years 2017 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Vending Machines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Vending Machines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 4: World 13-Year Perspective for Vending Machines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2017, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 7: World 13-Year Perspective for Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Food by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Food by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 10: World 13-Year Perspective for Food by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 13: World 13-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Standalone by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Standalone by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 16: World 13-Year Perspective for Standalone by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 19: World 13-Year Perspective for Online by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Hotels & Restaurants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Hotels & Restaurants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 22: World 13-Year Perspective for Hotels & Restaurants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Corporate Offices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Corporate Offices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 25: World 13-Year Perspective for Corporate Offices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Public Places by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Public Places by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 28: World 13-Year Perspective for Public Places by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2022 and % CAGR
  • Table 31: World 13-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Vending Machines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Vending Machines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Vending Machines Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AutoCrib, Inc.
  • Azkoyen Group
  • Bianchi Industry S.p.A.
  • Crane Co.
  • FastCorp Vending LLC
  • Fastenal Company
  • Fuji Electric Co., Ltd.
  • Glory Ltd.
  • Invenda Group AG
  • Jofemar Corp.
  • Royal Vendors, Inc.
  • Sanden Holdings Corp.
  • Seaga Manufacturing, Inc.
  • Selecta AG
  • Westomatic Vending Services Ltd.

Table Information