Global Retail Vending Machine Market Size study, by Type (Food, Beverage, Games/Amusement, Beauty & Personal Care and Others), by Application (Commercial Places, Offices, Public Places and Others), by Payment Mode (Cash and Cashless) and Regional Forecast

Global Retail Vending Machine Market Size study, by Type (Food, Beverage, Games/Amusement, Beauty & Personal Care and Others), by Application (Commercial Places, Offices, Public Places and Others), by Payment Mode (Cash and Cashless) and Regional Forecasts 2022-2028

Global Retail Vending Machine Market is valued at approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Retail Vending Machine provides out-of-store retailing options to consumers through coin-operated machines. The increasing retail sales is one of the major factors driving market growth as Retail Vending Machines are widely used to deliver goods quickly including food & beverages, cosmetics, etc. According to Statista, total retail sales worldwide is projected to increase from USD 23.74 trillion in 2020 to USD 31.27 trillion in 2025. Furthermore, the total market is also expected to be driven by the increasing demand for on-the-go snacks. Also, introduction of innovative products and growth in payment mode alternatives to make them feasible are likely to increase the market growth during the forecast period. However, high operational expenses and maintenance cost impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Retail Vending Machine Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to the presence of established market players and rise of self-service technology. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate over the forecast period 2022-2028 owing to the launch of new products, high product penetration, and increase in disposable income.

Major market players included in this report are:
Azkoyen Group
Cantaloupe Systems
Westomatic Vending Services Limited
Royal Vendors, Inc.
Glory Ltd.
Sanden Holding Corp.
Seaga Manufacturing Inc.
Orasesta S.p.A
Sellmat s.r.l.
Fuji Electric Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Food
Beverage
Games/Amusement
Beauty & Personal Care
Others
By Application:
Commercial Places
Offices
Public Places
Others
By Payment Mode:
Cash
Cashless
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Retail Vending Machine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Azkoyen Group
Cantaloupe Systems
Westomatic Vending Services Limited
Royal Vendors, Inc.
Glory Ltd.
Sanden Holding Corp.
Seaga Manufacturing Inc.
Orasesta S.p.A
Sellmat s.r.l.
Fuji Electric Co., Ltd.

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