Global Vending Machine Market Report and Forecast 2024-2032

Global Vending Machine Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the global vending machine market reached a value of USD 55.80 billion in 2023. Aided by the technological advancements, changing consumer behaviours, and the demand for on-the-go services, the market is projected to further grow at a CAGR of 5.10% between 2024 and 2032 to reach a value of USD 85 billion by 2032.

Vending machines, once limited to snacks and beverages, now offer a wide array of products and services, from electronics and cosmetics to hot meals and grocery items. This expansion reflects the market's ability to innovate and adapt, offering 24/7 convenience in an increasingly fast-paced world.

The integration of digital technologies, including touchscreens, cashless payment systems, and IoT connectivity, has enhanced the consumer experience, offering ease of use, personalised interactions, and real-time data analytics for operators.

The rise of urbanisation and busy lifestyles has heightened the demand for quick, convenient access to a variety of products and services, thereby influencing the vending machine market outlook. Vending machines meet this need, providing round-the-clock availability in strategic locations.

The growing consumer focus on health and wellness has led to the emergence of vending machines offering healthy snacks, fresh food options, and nutritional products, catering to the demand for healthier on-the-go eating choices, leading to a heightened vending machine market demand.

The market is characterised by its diversity, with machines tailored to specific products, services, and environments. From high-traffic public spaces to office buildings and educational institutions, vending machines are becoming an integral part of the consumer landscape.

The market exhibits significant regional variations, with Asia-Pacific leading in terms of adoption and innovation, particularly in countries like Japan, known for its vending machine culture. North America and Europe also account for significant portions of the vending machine market share, driven by technological advancements and the diversification of vending machine offerings.

Looking ahead, the future of the vending machines is bright, with continued innovation expected to drive growth. Emerging trends include the integration of AI for enhanced consumer insights, the expansion of vending machines into new product categories, and the development of eco-friendly, energy-efficient machines. Furthermore, the potential for vending machines to integrate with broader smart city and smart retail ecosystems presents exciting opportunities for market expansion.

Market Segmentation

The market can be divided based on type, technology, machine type, payment mode, application, and region.

Market Breakup by Type
  • Food Vending Machine
  • Beverages Vending Machine
  • Tobacco Vending Machine
  • Ticket Vending Machine
  • Others
Market Breakup by Technology
  • Automatic Machine
  • Semi-Automatic Machine
  • Smart Machine
Market Breakup by Machine Type
  • Free-Standing Vending Machine
  • Wall-Mounted Vending Machine
Market Breakup by Payment Mode
  • Cash
  • Cashless
Market Breakup by Application
  • Commercial Places
  • Corporate Offices
  • Public Places
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global vending machine market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Azkoyen, S.A.
  • Fuji Electric Co., Ltd.
  • Sanden Corporation
  • Crane Co.
  • Royal Vendors, Inc.
  • Bianchi Industry S.p.A.
  • Fas International S.r.l
  • Seaga Manufacturing, Inc.
  • Sielaff GmbH & Co. KG
  • Westomatic Vending Services Ltd.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Vending Machine Market Analysis
8.1 Key Industry Highlights
8.2 Global Vending Machine Historical Market (2018-2023)
8.3 Global Vending Machine Market Forecast (2024-2032)
8.4 Global Vending Machine Market by Type
8.4.1 Food Vending Machine
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Beverages Vending Machine
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Tobacco Vending Machine
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Ticket Vending Machine
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Vending Machine Market by Technology
8.5.1 Automatic Machine
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Semi-Automatic Machine
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Smart Machine
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Vending Machine Market by Machine Type
8.6.1 Free-Standing Vending Machine
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Wall-Mounted Vending Machine
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Vending Machine Market by Payment Mode
8.7.1 Cash
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Cashless
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Vending Machine Market by Application
8.8.1 Commercial Places
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Corporate Offices
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Public Places
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Others
8.9 Global Vending Machine Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Vending Machine Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Vending Machine Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Vending Machine Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Vending Machine Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Vending Machine Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 8476)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Azkoyen, S.A.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fuji Electric Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Sanden Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Crane Co.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Royal Vendors, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Bianchi Industry S.p.A.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Fas International S.r.l
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Seaga Manufacturing, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Sielaff GmbH & Co. KG
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Westomatic Vending Services Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vending Machine Market: Key Industry Highlights, 2018 and 2032
2. Global Vending Machine Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Vending Machine Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Vending Machine Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Vending Machine Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Vending Machine Historical Market: Breakup by Machine Type (USD Billion), 2018-2023
7. Global Vending Machine Market Forecast: Breakup by Machine Type (USD Billion), 2024-2032
8. Global Vending Machine Historical Market: Breakup by Payment Mode (USD Billion), 2018-2023
9. Global Vending Machine Market Forecast: Breakup by Payment Mode (USD Billion), 2024-2032
10. Global Vending Machine Historical Market: Breakup by Application (USD Billion), 2018-2023
11. Global Vending Machine Market Forecast: Breakup by Application (USD Billion), 2024-2032
12. Global Vending Machine Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Vending Machine Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Vending Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Vending Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Vending Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Vending Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Vending Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Vending Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Vending Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Vending Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Vending Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Vending Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Major Exporting Countries by Value
25. Major Importing Countries by Value
26. Major Exporting Countries by Volume
27. Major Importing Countries by Volume
28. Global Vending Machine Market Structure

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