Vending Machine Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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?