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 2021 – 2028
The global automatic vending machines market size is anticipated to expand at substantial CAGR during the forecast period, from 2021 and 2028. 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.
Market Trends, Drivers, Restraints, and Opportunities:
- 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 the 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 | 2020 |
| Historic Data | 2018 & 2019 |
| Forecast Period | 2021–2028 |
| 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.
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.
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.
Segments
Segments Covered in the Report:
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
- 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
- Beta Automation
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.
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.
12.4.8.
Segments Covered in the Report:
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
- 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
- Beta Automation
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.
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