Press release
Vending Machine Market Report, Size, Industry Share, Growth, Trends, Analysis and Forecast 2022-2027
The IMARC Group provides extensive analysis of the vending machine industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.Vending Machine 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. A vending machine is an automated machine that dispenses items, such as snacks, beverages, alcohol, cigarettes and cologne, in exchange for tokens or cash. It not only serves as a distribution unit but also as a display unit, creating enhanced visibility and brand recognition to attract consumers. It stores products in a safe, secure and hygienic environment while providing a seamless experience to the customers.
Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/vending-machine-market/requestsample
Vending Machine Market Trends:
The global market is majorly driven by the widespread integration of the Internet of Things (IoT) and cloud infrastructure with vending machines. Apart from this, significant growth in the retail industry has also propelled the demand for vending machines across the globe. Moreover, the increasing requirement for automated vending machines across the aerospace, healthcare, corporate and construction sectors has further provided a thrust to market growth. Some of the other factors contributing to the market growth include the increasing preference for packaged food products and the introduction of intelligent vending machines that offer product recommendations to customers.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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
Competitive Landscape:
Azkoyen Group
Bianchi Industry S.p.A.
Cantaloupe Inc.
Crane Co.
Fuji Electric Co. Ltd.
Glory Ltd.
Jofemar Corporation
Royal Vendors Inc.
Sanden Holdings Corporation
Seaga Manufacturing Inc.
Selecta AG
Westomatic Vending Services Ltd.
Key Market Segmentation:
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:
Cash
Cashless
Breakup by Application:
Hotels and Restaurants
Corporate Offices
Public Places
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/vending-machine-market
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Sources:
https://www.marketwatch.com/press-release/oxo-alcohol-market-trends-share-size-prices-forecast-2026-2022-07-11
https://www.marketwatch.com/press-release/north-america-protein-ingredients-market-revenue-analysis-2021-2026-2022-07-11
https://www.marketwatch.com/press-release/land-mobile-radio-system-market-size-share-forecast-to-2027-imarc-group-2022-07-11
https://www.marketwatch.com/press-release/network-as-a-service-market-industry-analysis-and-forecast-by-2022-2027-imarc-group-2022-07-11
https://www.marketwatch.com/press-release/natural-killer-cell-therapeutics-market-analysis-size-share-and-forecast-by-2022-2027-2022-07-11
https://www.marketwatch.com/press-release/military-radars-market-share-size-and-forecast-2022-2027-imarc-group-2022-07-11
Contact Us
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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