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Vending Machine Trends and Forecast
The future of the global vending machine market looks promising with opportunities in the hotel and restaurant, corporate office, and public place markets. The global vending machine market is expected to reach an estimated $28.6 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are surge in the popularity of food vending machine within office and institutional settings, rise in the consumption of convenient food products, and the integration of intelligent customer service technologies across various food sectors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Vending Machine by Segment
The study includes a forecast for the global vending machine by technology, type, application, and region.
Vending Machine Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Automatic Machine
• Semi-Automatic Machine
• Smart Machine
Vending Machine Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Food Vending Machine
• Beverages Vending Machine
• Tobacco Vending Machine
• Others
Vending Machine Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Hotels and Restaurants
• Corporate Offices
• Public Places
• Others
Vending Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Vending Machine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vending machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vending machine companies profiled in this report include-
• Azkoyen
• Bianchi Industry
• Cantaloupe
• Crane
• Fuji Electric
• Glory
• Jofemar
• Orasesta Spa
• Royal Vendors
• Sanden Holdings
Vending Machine Market Insights
Lucintel forecasts that beverages vending machine will remain the largest segment over the forcast period because it provides an array of choices, suiting a variety of tastes and meeting the needs of different beverage categories.
North America will remain the largest region over the forcast period due to robust and firmly established vending machine network, along with widespread vending machine network guarantees effortless access and convenience for consumers.
Features of the Global Vending Machine Market
Market Size Estimates: Vending machine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Vending machine market size by technology, type, application, and region in terms of value ($B).
Regional Analysis: Vending machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, type, application, and regions for the vending machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vending machine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the vending machine market size?
Answer: The global vending machine market is expected to reach an estimated $28.6 billion by 2030.
Q.2 What is the growth forecast for vending machine market?
Answer: The global vending machine market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the vending machine market?
Answer: The major drivers for this market are surge in the popularity of food vending machine within office and institutional settings, rise in the consumption of convenient food products, and the integration of intelligent customer service technologies across various food sectors.
Q4. What are the major segments for vending machine market?
Answer: The future of the global vending machine market looks promising with opportunities in the hotel and restaurant, corporate office, and public place markets.
Q5. Who are the key vending machine market companies?
Answer: Some of the key vending machine companies are as follows:
• Azkoyen
• Bianchi Industry
• Cantaloupe
• Crane
• Fuji Electric
• Glory
• Jofemar
• Orasesta Spa
• Royal Vendors
• Sanden Holdings
Q6. Which vending machine market segment will be the largest in future?
Answer: Lucintel forecasts that beverages vending machine will remain the largest segment over the forcast period because it provides an array of choices, suiting a variety of tastes and meeting the needs of different beverage categories.
Q7. In vending machine market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forcast period due to robust and firmly established vending machine network, along with widespread vending machine network guarantees effortless access and convenience for consumers.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vending machine market by technology (automatic machine, semi-automatic machine, and smart machine), type (food vending machine, beverages vending machine, tobacco vending machine, and others), application (hotels and restaurants, corporate offices, public places, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Vending Machine Market, Vending Machine Market Size, Vending Machine Market Growth, Vending Machine Market Analysis, Vending Machine Market Report, Vending Machine Market Share, Vending Machine Market Trends, Vending Machine Market Forecast, Vending Machine Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Vending Machine Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Vending Machine Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Vending Machine Market by Technology
3.3.1: Automatic Machine
3.3.2: Semi-Automatic Machine
3.3.3: Smart Machine
3.4: Global Vending Machine Market by Type
3.4.1: Food Vending Machine
3.4.2: Beverages Vending Machine
3.4.3: Tobacco Vending Machine
3.4.4: Others
3.5: Global Vending Machine Market by Application
3.5.1: Hotels and Restaurants
3.5.2: Corporate Offices
3.5.3: Public Places
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Vending Machine Market by Region
4.2: North American Vending Machine Market
4.2.1: North American Vending Machine Market by Type: Food Vending Machine, Beverages Vending Machine, Tobacco Vending Machine, and Others
4.2.2: North American Vending Machine Market by Application: Hotels and Restaurants, Corporate Offices, Public Places, and Others
4.3: European Vending Machine Market
4.3.1: European Vending Machine Market by Type: Food Vending Machine, Beverages Vending Machine, Tobacco Vending Machine, and Others
4.3.2: European Vending Machine Market by Application: Hotels and Restaurants, Corporate Offices, Public Places, and Others
4.4: APAC Vending Machine Market
4.4.1: APAC Vending Machine Market by Type: Food Vending Machine, Beverages Vending Machine, Tobacco Vending Machine, and Others
4.4.2: APAC Vending Machine Market by Application: Hotels and Restaurants, Corporate Offices, Public Places, and Others
4.5: ROW Vending Machine Market
4.5.1: ROW Vending Machine Market by Type: Food Vending Machine, Beverages Vending Machine, Tobacco Vending Machine, and Others
4.5.2: ROW Vending Machine Market by Application: Hotels and Restaurants, Corporate Offices, Public Places, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Vending Machine Market by Technology
6.1.2: Growth Opportunities for the Global Vending Machine Market by Type
6.1.3: Growth Opportunities for the Global Vending Machine Market by Application
6.1.4: Growth Opportunities for the Global Vending Machine Market by Region
6.2: Emerging Trends in the Global Vending Machine Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Vending Machine Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Vending Machine Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Azkoyen
7.2: Bianchi Industry
7.3: Cantaloupe
7.4: Crane
7.5: Fuji Electric
7.6: Glory
7.7: Jofemar
7.8: Orasesta Spa
7.9: Royal Vendors
7.10: Sanden Holdings
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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