Vending Machine Operators in Canada
The Vending Machine Operators industry has suffered setbacks and occasionally struggled to keep pace with shifting consumer tastes, resulting in a drop in industry growth over the past five years. During this time, the industry was challenged by price competition from big-box and grocery stores, in addition to consumers' heightened desire for healthier snack options. This trend has forced operators to alter their vending offerings to fit consumer demand. After implementing healthier options, operators saw revenue growth. Looking ahead, IBISWorld expects the industry to build on successes of recent years by stocking more healthy items, and thereby increase revenue over the five years to 2023.
This industry comprises establishments that own, stock and service automated machines that retail merchandise, primarily confectionery, snack foods and soft drinks, but also cigarettes, newspapers and other goods. This industry does not include revenue from soft drink producers that operate their own vending machines.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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