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The vending machine market is poised to grow by $12,426.7 million during 2023-2027, accelerating at a CAGR of 16.81% during the forecast period. The market is driven by the growing demand for cashless vending machines, the growing demand for intelligent vending machines from the retail industry, and the increasing popularity of vending machines.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the vending machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
The vending machine market is segmented as below:
By Product
- Low-end vending machines
- Intelligent vending machines
By Distribution Channel
- Offline
- Online
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on vending machine market covers the following areas:
- Vending machine market sizing
- Vending machine market forecast
- Vending machine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Executive Summary
The analyst recognizes the following companies as the key players in the global vending machine market: Azkoyen SA, Bianchi Industry Spa, BULK VENDING SYSTEMS Ltd., Compass Group Plc, Continental Vending Inc., Crane Payment Innovations Inc., Ellab AS, Federal Machine, Furukawa Electric Co. Ltd., Future Techniks India Pvt. Ltd., Glory Ltd., Intel Corp., Orasesta Spa, Royal Vendors Inc., Sanden Corp., Seaga Manufacturing Inc., Sielaff GmbH and Co. KG, The Coca Cola Co., Westomatic Vending Services Ltd., and Worldline SA.Commenting on the report, one of the report's analysts said: 'The latest trend gaining momentum in the market is tie-ups between retailers and manufacturers.'
According to the report, one of the major drivers for this market is the growing demand for cashless vending machines.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Azkoyen SA
- Bianchi Industry Spa
- BULK VENDING SYSTEMS Ltd.
- Compass Group Plc
- Continental Vending Inc.
- Crane Payment Innovations Inc.
- Ellab AS
- Federal Machine
- Furukawa Electric Co. Ltd.
- Future Techniks India Pvt. Ltd.
- Glory Ltd.
- Intel Corp.
- Orasesta Spa
- Royal Vendors Inc.
- Sanden Corp.
- Seaga Manufacturing Inc.
- Sielaff GmbH and Co. KG
- The Coca Cola Co.
- Westomatic Vending Services Ltd.
- Worldline SA