Market Overview:
The global vending machine market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% 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.
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:
- Food Vending Machine
- Beverages Vending Machine
- Tobacco Vending Machine
- Others
Breakup by Technology:
- Automatic Machine
- Semi-Automatic Machine
- Smart Machine
Breakup by Payment Mode:
Breakup by Application:
- Hotels and Restaurants
- Corporate Offices
- Public Places
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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$ 2299
Five User License: US$ 3399
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