Dublin, 18 Feb. 2022 (GLOBE NEWSWIRE) — The report “Vending Machine Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
The global vending machine market reached a value of US$18.5 billion in 2021. Looking ahead, the publisher expects the market to reach US$25.3 billion by 2027, posting a CAGR of 5.3% in 2022-2027. Keeping in mind the uncertainties of COVID-19, they continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor
A vending machine is a self-contained automated device that dispenses small-sized products in exchange for tokens or cash. It is used for dispensing food products, such as packaged snacks, chocolate bars, cupcakes, pizzas, hot and cold beverages, and candies. They are also used to provide toys, newspapers, cigarettes and tickets. Products are loaded into the machine and are available for purchase throughout the day. The machine dispenses the product corresponding to the item number or button selected by the consumer. It also includes bill and coin validators, computer control boards, refrigeration units and lighting systems to automate the sales process and provide a seamless user experience. As a result, vending machines are widely used in public spaces, shopping complexes, restaurants and hotels.
Vending Machine Market Trends:
Significant growth in the retail industry across the globe is one of the key factors creating a positive outlook for the market. Additionally, the growing need for automated product dispensing systems at airports, hospitals, school canteens, railway stations and gas stations and industrial plants is giving impetus to the growth of the market. Various technological advances, such as the development of reverse vending machines (RVMs), act as other growth factors. These machines allow the customer to insert used or empty plastic containers and aluminum cans in exchange for a reward.
Product makers are also releasing new variants with built-in touchscreens, gesture, video, audio, and scent interactions, and cashless payment features. In this light, the widespread adoption of self-service technology across all industries is also contributing to the growth of the market. Other factors including growing consumer spending capabilities along with rising demand for Internet of Things (IoT) and cloud-enabled industrial vending machines are expected to drive the market towards growth.
Key Market Segmentation:
The publisher provides an analysis of the main trends in each sub-segment of the global vending machine market, as well as forecasts at the global, regional and country levels from 2022 to 2027. Our report has categorized the market based on type, technology, payment method and application
Breakdown by type:
- food vending machine
- beverage vending machine
- tobacco vending machine
- Others
Breakdown by technology:
- Automatic machine
- Semi-automatic machine
- smart machine
Breakdown by payment method:
Breakdown by application:
- Hotels and restaurants
- Corporate offices
- Public places
- Others
Breakdown by region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of major players i.e. Azkoyen Group, Bianchi Industry SpA, Cantaloupe Inc., Crane Co., Fuji Electric Co. Ltd., Glory Ltd., Jofemar Corporation , Orasesta Spa. , Royal Vendors Inc., Sanden Holdings Corporation, Seaga Manufacturing Inc., Selecta AG and Westomatic Vending Services Ltd.
Answers to key questions in this report:
- How has the global vending machine market behaved so far and how will it behave in the coming years?
- What has been the impact of COVID-19 on the global vending machine market?
- What are the main regional markets?
- What is the market breakdown by type?
- What is the shattering of the technology-based market?
- What is the market breakdown by payment method?
- What is the market breakdown by application?
- What are the different stages of the industry value chain?
- What are the key drivers and challenges in the industry?
- What is the structure of the global vending machine market and who are the key players?
- How competitive is the industry?
Main topics covered:
1 Preface
2 Scope and methodology
3 Executive summary
4 Presentation
4.1 Overview
4.2 Key Industry Trends
5 Global Vending Machines Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Type
6.1 Vending Machine
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Beverage vending machine
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Tobacco vending machine
6.3.1 Market trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market trends
6.4.2 Market Forecast
7 Market Breakdown by Technology
7.1 Automatic machinery
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Semi-automatic machine
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Smart machine
7.3.1 Market trends
7.3.2 Market Forecast
8 Market Breakdown by Payment Method
8.1 Cash
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Cashless
8.2.1 Market trends
8.2.2 Market Forecast
9 Market Breakdown by Application
9.1 Hotels and restaurants
9.1.1 Market trends
9.1.2 Market Forecast
9.2 Headquarters
9.2.1 Market trends
9.2.2 Market Forecast
9.3 Public places
9.3.1 Market trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market trends
9.4.2 Market Forecast
10 Market Breakdown by Region
11 SWOT Analysis
12 Value chain analysis
13 Analysis of the five forces of carriers
14 Price Analysis
15 Competitive Landscape
15.1 Market structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Azkoyan Group
15.3.1.1 Company overview
15.3.1.2 Product portfolio
15.3.1.3 Finance
15.3.2 Bianchi Industry SpA
15.3.2.1 Presentation of the company
15.3.2.2 Product portfolio
15.3.3 Cantaloupe Inc.
15.3.3.1 Company Overview
15.3.3.2 Product portfolio
15.3.3.3 Finance
15.3.4 Crane Co.
15.3.4.1 Company overview
15.3.4.2 Product portfolio
15.3.4.3 Finance
15.3.4.4 SWOT Analysis
15.3.5 Fuji Electric Co.Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product portfolio
15.3.5.3 Finance
15.3.5.4 SWOT Analysis
15.3.6 Glory Ltd.
15.3.6.1 Company Overview
15.3.6.2 Product portfolio
15.3.6.3 Finance
15.3.7 Jofemar Company
15.3.7.1 Company Overview
15.3.7.2 Product portfolio
15.3.8 Baths of Orasesta
15.3.8.1 Company Overview
15.3.8.2 Product portfolio
15.3.9 Royal Suppliers Inc.
15.3.9.1 Company Overview
15.3.9.2 Product portfolio
15.3.10 Sanden Holdings Company
15.3.10.1 Company Overview
15.3.10.2 Product portfolio
15.3.10.3 Finance
15.3.11 Seaga Manufacturing Inc.
15.3.11.1 Company Overview
15.3.11.2 Product portfolio
15.3.12 Selecta AG
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 Westomatic Vending Services Ltd.
15.3.13.1 Company Overview
15.3.13.2 Product portfolio
For more information about this report visit https://www.researchandmarkets.com/r/xte5p3
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Global vending machine market
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