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Automatic Vending Machine Market Size, Share & Growth [2031]
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Automatic Vending Machine Market Size, Share & Growth [2031]

Segments - Global Automatic Vending Machines Market by Types (Food Vending Machine, Beverages Vending Machines, Tobacco Vending Machines, and Others), By Payment Modes (Cash and Cashless), By Applications (Commercial Places, Corporate Offices, Public Places, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Upcoming | Report ID :ICT-SE-3163 | 4.9 Rating | 62 Reviews | 202 Pages | Format : PDF Excel PPT

Report Description


Automatic Vending Machines Market Outlook

The global automatic vending machines market size was valued at USD 57.46 Billion in 2022 and is likely to reach USD 143.45 Billion by 2031, expanding at a CAGR of 10.7% during the forecast period, from 2023 and 2031. Automatic vending machines are small, automated devices that deliver various items in exchange for money.

Automatic vending machines are popular in developing nations, as they are relatively convenient to operate. This machine technology continues to provide recent developments, such as facial recognition systems and ID card identification to view a customer's purchasing history, entering a new era of technologically advanced vending machines.

This is frequently anticipated to help businesses increase their sales per transaction. Demand for automatic vending machines grew over the last decade, and with the advent of cashless payment methods, smart vending technology solutions are gaining traction on an unprecedented scale.

The proliferation of vending machines has been fueled by growing urbanization and increased disposable income.

Automatic Vending Machines Market Outlook

  • Increased demand for food vending machines in offices/institutions is expected to drive the vending machine market over the forecasted period.
  • The increased consumption of food products, and therefore the adoption of smart customer service technologies in various food categories, are projected to fuel the development of the vending machine market.
  • The use of food and beverage vending machines in numerous areas, such as schools and universities, has been banned by governments in several countries, reducing demand for these devices.
  • High adoption of automatic vending machines in developing nations is expected to create opportunities for the players in the automatic vending machines market.

Scope of Automatic Vending Machines Market Report

The report on the global automatic vending machines market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Global Automatic Vending Machines Market - Industry Analysis, Size, Share, Growth, Trends And Forecast

Base Year

2022

Historic Data

2016 & 2021

Forecast Period

2023–2031

Segmentation

Types (Food Vending Machine, Beverages Vending Machines, Tobacco Vending Machines, and Others), By Payment Modes (Cash and Cashless), By Applications (Commercial Places, Corporate Offices, Public Places, and Others)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

AZKOYEN, SA, Bianchi Industry, Crane Merchandising Systems, Fastcorp Vending LL, Fuji Electric Co., Ltd., JOFEMAR S.A., Royal Vendors, Inc., SANDENVENDO AMERICA, INC., Selecta AG, and Beta Automation

Global Automatic Vending Machines Market Segment Insights

High demand for food vending machines to drive the market

Based on types, the global automatic vending machine market is segmented into food vending machine, beverages vending machines, tobacco vending machines, and others. The food vending machine segment holds a significant market share, owing to its high demand among consumers across the globe.

Automatic Vending Machines Market Types

Cash segment holds a significant market share

On the basis of payment modes, the global automatic vending machine market is segmented into cash and cashless. The cash segment is expected to hold a significant market share during the forecast period, as the majority of current vending machines only accept cash as a payment option, as installing devices with cashless alternatives is expensive.

The cashless segment is expected to expand at a substantial rate over the forecast period. Many manufacturers are collaborating with a variety of payment service providers to fulfill the rising need for cashless payment solutions.

High use of vending machines in corporate offices to drive the market

Based on applications, the global automatic vending machines market is segmented into commercial places, corporate offices, public places, and others. The corporate offices segment holds a significant market share and is expected to grow considerably over the forecast period. The primary element driving the product demand is the global expansion of the corporate and industrial sectors.

Vending machines are commonly utilized in offices to save space, money, and keep things clean. Applications of vending machines in commercial places is projected to develop significantly during the forecast period, due to increasing number of commercial projects worldwide. These devices are commonly seen at hotels, clubs, colleges, and hospitals, among other places.

Automatic Vending Machines Market Applications

Automatic Vending Machines Market Regional Outlook

North America dominates the global market

In terms of regions, the global automatic vending machines market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to be the major regional market during the forecast period, due to factors such as changing lifestyles and rising demand for Ready-to-Eat (RTE) foods. The market in Asia Pacific is anticipated to register substantial growth rate.

Automatic Vending Machines Market Region

Segments

By Types

  • Food Vending Machines
  • Beverages Vending Machines
  • Tobacco Vending Machines
  • Others

By Payment Modes

  • Cash
  • Cashless

By Applications

  • Commercial Places
  • Corporate Offices
  • Public Places
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

Competitive Landscape

Key players in the global automatic vending machines market include AZKOYEN, SA, Bianchi Industry, Crane Merchandising Systems, Fastcorp Vending LL, Fuji Electric Co., Ltd., JOFEMAR S.A., Royal Vendors, Inc., SANDENVENDO AMERICA, INC., Selecta AG, and Beta Automation. These companies engage in mergers and acquisitions, collaborations, agreements, and partnerships to strengthen their regional footprint.

Automatic Vending Machines Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automatic Vending Machine Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automatic Vending Machine Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automatic Vending Machine Market - Supply Chain
  4.5. Global Automatic Vending Machine Market Forecast
     4.5.1. Automatic Vending Machine Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automatic Vending Machine Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automatic Vending Machine Market Absolute $ Opportunity
5. Global Automatic Vending Machine Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Automatic Vending Machine Market Size and Volume Forecast by Types
     5.3.1. Food Vending Machines
     5.3.2. Beverages Vending Machines
     5.3.3. Tobacco Vending Machines
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automatic Vending Machine Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automatic Vending Machine Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automatic Vending Machine Demand Share Forecast, 2019-2026
7. North America Automatic Vending Machine Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automatic Vending Machine Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automatic Vending Machine Market Size and Volume Forecast by Types
     7.4.1. Food Vending Machines
     7.4.2. Beverages Vending Machines
     7.4.3. Tobacco Vending Machines
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automatic Vending Machine Demand Share Forecast, 2019-2026
8. Latin America Automatic Vending Machine Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automatic Vending Machine Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automatic Vending Machine Market Size and Volume Forecast by Types
     8.4.1. Food Vending Machines
     8.4.2. Beverages Vending Machines
     8.4.3. Tobacco Vending Machines
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automatic Vending Machine Demand Share Forecast, 2019-2026
9. Europe Automatic Vending Machine Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automatic Vending Machine Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automatic Vending Machine Market Size and Volume Forecast by Types
     9.4.1. Food Vending Machines
     9.4.2. Beverages Vending Machines
     9.4.3. Tobacco Vending Machines
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automatic Vending Machine Demand Share Forecast, 2019-2026
10. Asia Pacific Automatic Vending Machine Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automatic Vending Machine Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automatic Vending Machine Market Size and Volume Forecast by Types
     10.4.1. Food Vending Machines
     10.4.2. Beverages Vending Machines
     10.4.3. Tobacco Vending Machines
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automatic Vending Machine Demand Share Forecast, 2019-2026
11. Middle East & Africa Automatic Vending Machine Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automatic Vending Machine Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automatic Vending Machine Market Size and Volume Forecast by Types
     11.4.1. Food Vending Machines
     11.4.2. Beverages Vending Machines
     11.4.3. Tobacco Vending Machines
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automatic Vending Machine Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automatic Vending Machine Market: Market Share Analysis
  12.2. Automatic Vending Machine Distributors and Customers
  12.3. Automatic Vending Machine Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AZKOYEN, SA
     12.4.2. Bianchi Industry
     12.4.3. Crane Merchandising Systems
     12.4.4. Fastcorp Vending LL
     12.4.5. Fuji Electric Co., Ltd.
     12.4.6. JOFEMAR S.A.
     12.4.7. Royal Vendors, Inc.

Methodology

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