Global Retail Vending Machine Market Segments 2024, Forecast To 2033
5 Mar, 2024
The retail vending machine market has shown robust growth, increasing from $44.66 billion in 2023 to $48.72 billion in 2024, demonstrating a 9.1% CAGR. Drivers include convenience culture and cost-effective retailing. The market is poised for further growth, reaching $70.39 billion in 2028, with a 9.6% CAGR. Key trends include retail automation, contactless payments, and health and hygiene considerations.
Global Retail Vending Machine Market Key Driver
The retail vending machine market is propelled by the rising demand for ready-to-eat foods, as seen in the increased sales of packaged food products in China from $283,984.8 million in 2020 to $298,005.3 million in 2021, driving the adoption of vending machines for convenient access.
Get A Free Sample Of The Global Retail Vending Machine Market ReportGlobal Retail Vending Machine Market Segments
The retail vending machine market covered in this report is segmented –
1) By Type: Food, Beverage, Games or Amusement, Tobacco, Candy and Confectionery, Beauty and Personal Care, Ticket, Other Types
2) By Payment Mode: Cash Retail Vending Machine, Cashless Retail Vending Machine
3) By Application: Retail Vending Machine for Commercial Places, Retail Vending Machine for Offices, Retail Vending Machine for Public Places, Retail Vending Machine for Other Applications
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the retail vending machine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the retail vending machine market during the forecast period. The regions covered in the retail vending machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Retail Vending Machine Industry Players
Azkoyen Group; Westomatic Vending Services Ltd; Royal Vendors Inc; Seaga Manufacturing Inc; Sanden Group; Glory Ltd; Crane Merchandising Systems; Fuji Electric Global; Bianchi Industry; Coke Solutions; Sellmat Srl; Fastcorp vending machines LLC; Jofemar Corporation; Selecta AG; Continental Vending Inc; Worldline S A; Federal Machine Corporation; Future Techniks India Private Ltd; Intel Corporation; Sielaff GmbH & Co KG; Cantaloupe Systems; Orasesta S.p.A; Apex Supply Chain Technologies; Ford Gum & Machine Co. Inc.; Vending Design Works; Automated Merchandising Systems Inc.; Bulk Vending Systems; Canteen Vending Services; Coin Acceptors Inc.; Dixie-Narco Inc.; FAS International S.R.L.
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AIOps Retail Vending Machine Market Overview
Retail vending machine refers to out-of-store retailing machines that require a standard power supply connection to function. It uses the distribution of products to consumers through coin-operated systems that improve the customer purchase experience.
Retail Vending Machine Global Market Report 2023 provides data on the global retail vending machine market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The retail vending machine market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.