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Press Release:

Global Vending Machine Market to Reach US$ 25.3 Billion by 2027, Bolstered by Technological Innovations

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Vending Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global vending machine market reached a value of US$ 18.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.3 Billion by 2027, exhibiting at a CAGR of 5.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A vending machine is a standalone 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 for providing toys, newspapers, cigarettes and tickets. The 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 consists of bill and coin validators, computer control boards, refrigeration units and lighting systems to automate the vending process and provide a seamless experience to the user. As a result, vending machines are widely used in public spaces, commercial complexes, restaurants and hotels.

 

 
 

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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. Moreover, the increasing requirement for automated product distribution systems across airports, hospitals, school canteens, railway and petrol stations and industrial plants is providing a thrust to the market growth. Various technological advancements, such as the development of reverse vending machines (RVM), are acting as other growth-inducing factors. These machines enable the customer to insert used or empty plastic containers and aluminum cans in exchange for a reward. Product manufacturers are also launching novel variants with integrated touch-screen panels, gesture-, video-, audio and scent-based interactions and cashless payment functionalities. In line with this, the widespread adoption of self-service technology across industries is also contributing to the growth of the market. Other factors, including the increasing expenditure capacities of the consumers, along with the rising demand for the Internet of Things (IoT) and cloud computing-enabled industrial vending machines, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vending machine market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology, payment mode and application.

Breakup by Type:

 

 
 

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  • Food Vending Machine
  • Beverages Vending Machine
  • Tobacco Vending Machine
  • Others
     

Breakup by Technology:

  • Automatic Machine
  • Semi-Automatic Machine
  • Smart Machine
     

Breakup by Payment Mode:

  • Cash
  • Cashless
     

Breakup by Application:

  • Hotels and Restaurants
  • Corporate Offices
  • Public Places
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • 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 the key players being Azkoyen Group, Bianchi Industry S.p.A., 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Technology, Payment Mode, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Azkoyen Group, Bianchi Industry S.p.A., 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global vending machine market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vending machine market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the payment mode?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vending machine market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Vending Machine Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Food Vending Machine
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Beverages 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 Breakup by Technology
    7.1    Automatic Machine
        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 Breakup by Payment Mode
    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 Breakup by Application
    9.1    Hotels and Restaurants
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Corporate Offices
        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 Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Azkoyen Group
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    Bianchi Industry S.p.A.
           15.3.2.1 Company Overview
           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 Financials
        15.3.4    Crane Co.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           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 Financials
           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 Financials
        15.3.7    Jofemar Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Orasesta Spa
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Royal Vendors Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Sanden Holdings Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        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

List of Figures

Figure 1: Global: Vending Machine Market: Major Drivers and Challenges
Figure 2: Global: Vending Machine Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Vending Machine Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Vending Machine Market: Breakup by Type (in %), 2021
Figure 5: Global: Vending Machine Market: Breakup by Technology (in %), 2021
Figure 6: Global: Vending Machine Market: Breakup by Payment Mode (in %), 2021
Figure 7: Global: Vending Machine Market: Breakup by Application (in %), 2021
Figure 8: Global: Vending Machine Market: Breakup by Region (in %), 2021
Figure 9: Global: Vending Machine (Food Vending Machine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Vending Machine (Food Vending Machine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Vending Machine (Beverages Vending Machine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Vending Machine (Beverages Vending Machine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Vending Machine (Tobacco Vending Machine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Vending Machine (Tobacco Vending Machine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Vending Machine (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Vending Machine (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Vending Machine (Automatic Machine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Vending Machine (Automatic Machine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Vending Machine (Semi-Automatic Machine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Vending Machine (Semi-Automatic Machine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Vending Machine (Smart Machine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Vending Machine (Smart Machine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Vending Machine (Cash) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Vending Machine (Cash) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Vending Machine (Cashless) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Vending Machine (Cashless) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Vending Machine (Hotels and Restaurants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Vending Machine (Hotels and Restaurants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Vending Machine (Corporate Offices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Vending Machine (Corporate Offices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Vending Machine (Public Places) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Vending Machine (Public Places) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Vending Machine (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Vending Machine (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia-Pacific: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia-Pacific: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Vending Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Vending Machine Market: Breakup by Country (in %), 2021
Figure 83: Middle East and Africa: Vending Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Vending Machine Industry: SWOT Analysis
Figure 85: Global: Vending Machine Industry: Value Chain Analysis
Figure 86: Global: Vending Machine Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Vending Machine Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Vending Machine Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Vending Machine Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Vending Machine Market Forecast: Breakup by Payment Mode (in Million US$), 2022-2027
Table 5: Global: Vending Machine Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Vending Machine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Vending Machine Market: Competitive Structure
Table 8: Global: Vending Machine Market: Key Players


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