The factors that are driving this market are healthy economic condition, increasing purchase of healthy foods, rise of cashless payments. Besides, vending machine technology continues to offer the latest technologies like ID card identification, Face recognition to check buying customer’s history. The healthy economic condition of Europe is one of the main factors for executing self-services technology with its application in different industries. Although it has got some challenges like Food safety issues and low-power mode, Health and safety legislation is further hampering the market growth.
This report titled “Europe Vending Machine Market & Numbers by Category (Hot & Cold Beverages, Snack & Food) Machine, Country (Italy, France, Germany, United Kingdom, Spain, Netherlands and Rest of Europe), Company Analysis (Azkoyen Group, Honeywell International Inc., Aramark Corporation, Selecta, Compass Group and Compass Group, Plc)” provides a detailed analysis of Europe Vending Machine Market.
By Category; Hot Beverage Market is the leading category in Europe Vending Machine
This report covers the market, numbers and market share of the following Vending Machine Categories: Hot beverage machines, Cold-beverage machines, and Snacks machines. The number of vending machines used in Europe was XXXX Million units, and the number of vends increased by XXXX in 2018.
By Country; Italy dominates Europe Vending Machine Market among all other countries
In these sections, we have given complete insight into European countries' machine base, revenue, and number of vends of countries such as Italy, France, Germany, the United Kingdom, Spain, Netherlands, and the Rest of Europe. Besides, Italy is the also leading European manufacturer of Vending machines.
All the companies have been studied from two points
- Recent Developments
- Sales Analysis
Company Analysis
- Honeywell International Inc.
- Selecta, Compass Group
- Compass Group, Plc
- Aramark Corporation
- Azkoyen Group
Countries - Vending Machine Market
- Italy
- France
- Germany
- United Kingdom
- Spain
- Netherlands
- Rest of Europe
Categories - Market & Numbers of Europe Vending Machines
- Hot Beverage Machine
- Cold Beverage Machine
- Snack & Food Machine
Table of Contents
Companies Mentioned
- Honeywell International Inc.
- Selecta, Compass Group
- Compass Group, Plc
- Aramark Corporation
- Azkoyen Group
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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