Global Industrial Vending Machine Market Size, Share & Industry Trends Analysis Report By End-use, By Product, By Type (Coil Vending Machine, Carousel Vending Machine, Cabinet Vending Machine and Others), By Regional Outlook and Forecast, 2023 - 2029

Global Industrial Vending Machine Market Size, Share & Industry Trends Analysis Report By End-use, By Product, By Type (Coil Vending Machine, Carousel Vending Machine, Cabinet Vending Machine and Others), By Regional Outlook and Forecast, 2023 - 2029


The Global Industrial Vending Machine Market size is expected to reach $5 billion by 2029, rising at a market growth of 10.2% CAGR during the forecast period.

Personal Protective Equipment (PPE) is the major contributor to the market as PPE can help to shield a worker from the health and safety risks present at the workplace. Hence, PPE generated approximately 45% share of the market in 2022. Since the Occupational Safety and Health Act of 1970 established industry-specific safety standards for the maritime, manufacturing, and construction industries, workplace accidents have decreased steadily in the United States. These devices provide PPE items like eye protection goggles, safety helmets, safety harnesses, footwear, and respiratory protective equipment to reduce risks to workers while simultaneously tracking and maintaining each worker's access to tools, which spurs market expansion. Some of the factors impacting the market are rising demand for high-security IVMs in data centers, smart factories are adopting IVMs for digitalization of supply chains, and high cost of equipment and IVMs.

Critical spare parts are frequently distributed during downtime via industrial vending machines. Incorporating a high-security IVM with storage management software to track valuable IT equipment helps solve the problem of storage resource management (SRM) that facilities face. The development of Industry 4.0 and the increased focus on waste reduction and sustainability are fueling this market's expansion. Businesses in the market can satisfy the expanding need for technology and automation in both the manufacturing and industrial sectors, which would also support market growth.

However, Due to the high cost of equipment, such as drilling and cutting tools and PPE, the market for has only been able to expand in developed and significant industrial economies. In addition, this product's high maintenance and installation expenses may be a problem and a barrier to the entry of new players for many firms, particularly small ones.

Type Outlook

Based on type, the market is fragmented into carousel vending machine, coil vending machine, cabinet vending machine, and others. In 2022, the coil vending machine segment held the highest revenue share in the market. These machines are more efficient since they use less energy, can be easily maintained, and can contain more inventory than other varieties. The sector is therefore expected to fuel market growth. The coil vending machines offer excellent storage density and enable the inventory to be piled front to back.

Product Outlook

On the basis of product, the market is segmented into maintenance, repair, & operations (MRO) tools, personal protective equipment (PPE), and others. The maintenance, repair, & operations (MRO) tools segment covered a considerable revenue share in the market in 2022. Many MRO supplies are needed during downtime, including spare parts, tools, sealants, tool kits, coatings, and testing equipment. Therefore, MRO tools are supplied and maintained in large quantities in industries with high downtime costs.

End-use Outlook

By end-use, the market is bifurcated into manufacturing, oil & gas, construction, aerospace, and others. In 2022, the manufacturing segment dominated the market with the maximum revenue share. Vending machines are often employed in manufacturing to reduce operating downtime and expedite maintenance and repair. Additionally, industrial vending machines aid in increasing operational effectiveness and inventory management. In addition to the advancement of electronic payment systems and the significant rise in machine demand in recent years, IoT solutions are becoming increasingly popular globally.

Regional Outlook

Region wise, the market is analyzed across North America, Europe, Asia Pacific and LAMEA. In 2022, the North America region led the market by generating the highest revenue share. This is because there are many OEMs and distributors in this region. Furthermore, the demand for industrial vending machines is accelerating due to rising awareness of workplace safety in hazardous areas. Additionally, enterprises in North America are responsible for the majority of manufacturing industry advances, which promotes regional advancement. Another important driving aspect is the growing awareness of dangerous workplaces and worker safety.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apex Industrial Technologies, LLC, AutoCrib, Inc., SecuraStock, CribMaster (Stanley Black & Decker, Inc.), Fastenal Company, IVM, Inc., Rubix Group International Limited (Brammer), SupplyPro, Inc., Silkron, and Air Liquide S.A. (Airgas, Inc.).

Scope of the Study

Market Segments covered in the Report:

By End-use
  • Manufacturing
  • Oil & Gas
  • Construction
  • Aerospace
  • Others
By Product
  • Personal Protective Equipment (PPE)
  • Maintenance, Repair, & Operations (MRO) Tools
  • Others
By Type
  • Coil Vending Machine
  • Carousel Vending Machine
  • Cabinet Vending Machine
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • Apex Industrial Technologies, LLC
  • AutoCrib, Inc.
  • SecuraStock
  • CribMaster (Stanley Black & Decker, Inc.)
  • Fastenal Company
  • IVM, Inc.
  • Rubix Group International Limited (Brammer)
  • SupplyPro, Inc.
  • Silkron
  • Air Liquide S.A. (Airgas, Inc.)
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Industrial Vending Machine Market, by End-use
1.4.2 Global Industrial Vending Machine Market, by Product
1.4.3 Global Industrial Vending Machine Market, by Type
1.4.4 Global Industrial Vending Machine Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Industrial Vending Machine Market by End-use
3.1 Global Manufacturing Market by Region
3.2 Global Oil & Gas Market by Region
3.3 Global Construction Market by Region
3.4 Global Aerospace Market by Region
3.5 Global Others Market by Region
Chapter 4. Global Industrial Vending Machine Market by Product
4.1 Global Personal Protective Equipment (PPE) Market by Region
4.2 Global Maintenance, Repair, & Operations (MRO) Tools Market by Region
4.3 Global Others Market by Region
Chapter 5. Global Industrial Vending Machine Market by Type
5.1 Global Coil Vending Machine Market by Region
5.2 Global Carousel Vending Machine Market by Region
5.3 Global Cabinet Vending Machine Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Industrial Vending Machine Market by Region
6.1 North America Industrial Vending Machine Market
6.1.1 North America Industrial Vending Machine Market by End-use
6.1.1.1 North America Manufacturing Market by Country
6.1.1.2 North America Oil & Gas Market by Country
6.1.1.3 North America Construction Market by Country
6.1.1.4 North America Aerospace Market by Country
6.1.1.5 North America Others Market by Country
6.1.2 North America Industrial Vending Machine Market by Product
6.1.2.1 North America Personal Protective Equipment (PPE) Market by Country
6.1.2.2 North America Maintenance, Repair, & Operations (MRO) Tools Market by Country
6.1.2.3 North America Others Market by Country
6.1.3 North America Industrial Vending Machine Market by Type
6.1.3.1 North America Coil Vending Machine Market by Country
6.1.3.2 North America Carousel Vending Machine Market by Country
6.1.3.3 North America Cabinet Vending Machine Market by Country
6.1.3.4 North America Others Market by Country
6.1.4 North America Industrial Vending Machine Market by Country
6.1.4.1 US Industrial Vending Machine Market
6.1.4.1.1 US Industrial Vending Machine Market by End-use
6.1.4.1.2 US Industrial Vending Machine Market by Product
6.1.4.1.3 US Industrial Vending Machine Market by Type
6.1.4.2 Canada Industrial Vending Machine Market
6.1.4.2.1 Canada Industrial Vending Machine Market by End-use
6.1.4.2.2 Canada Industrial Vending Machine Market by Product
6.1.4.2.3 Canada Industrial Vending Machine Market by Type
6.1.4.3 Mexico Industrial Vending Machine Market
6.1.4.3.1 Mexico Industrial Vending Machine Market by End-use
6.1.4.3.2 Mexico Industrial Vending Machine Market by Product
6.1.4.3.3 Mexico Industrial Vending Machine Market by Type
6.1.4.4 Rest of North America Industrial Vending Machine Market
6.1.4.4.1 Rest of North America Industrial Vending Machine Market by End-use
6.1.4.4.2 Rest of North America Industrial Vending Machine Market by Product
6.1.4.4.3 Rest of North America Industrial Vending Machine Market by Type
6.2 Europe Industrial Vending Machine Market
6.2.1 Europe Industrial Vending Machine Market by End-use
6.2.1.1 Europe Manufacturing Market by Country
6.2.1.2 Europe Oil & Gas Market by Country
6.2.1.3 Europe Construction Market by Country
6.2.1.4 Europe Aerospace Market by Country
6.2.1.5 Europe Others Market by Country
6.2.2 Europe Industrial Vending Machine Market by Product
6.2.2.1 Europe Personal Protective Equipment (PPE) Market by Country
6.2.2.2 Europe Maintenance, Repair, & Operations (MRO) Tools Market by Country
6.2.2.3 Europe Others Market by Country
6.2.3 Europe Industrial Vending Machine Market by Type
6.2.3.1 Europe Coil Vending Machine Market by Country
6.2.3.2 Europe Carousel Vending Machine Market by Country
6.2.3.3 Europe Cabinet Vending Machine Market by Country
6.2.3.4 Europe Others Market by Country
6.2.4 Europe Industrial Vending Machine Market by Country
6.2.4.1 Germany Industrial Vending Machine Market
6.2.4.1.1 Germany Industrial Vending Machine Market by End-use
6.2.4.1.2 Germany Industrial Vending Machine Market by Product
6.2.4.1.3 Germany Industrial Vending Machine Market by Type
6.2.4.2 UK Industrial Vending Machine Market
6.2.4.2.1 UK Industrial Vending Machine Market by End-use
6.2.4.2.2 UK Industrial Vending Machine Market by Product
6.2.4.2.3 UK Industrial Vending Machine Market by Type
6.2.4.3 France Industrial Vending Machine Market
6.2.4.3.1 France Industrial Vending Machine Market by End-use
6.2.4.3.2 France Industrial Vending Machine Market by Product
6.2.4.3.3 France Industrial Vending Machine Market by Type
6.2.4.4 Russia Industrial Vending Machine Market
6.2.4.4.1 Russia Industrial Vending Machine Market by End-use
6.2.4.4.2 Russia Industrial Vending Machine Market by Product
6.2.4.4.3 Russia Industrial Vending Machine Market by Type
6.2.4.5 Spain Industrial Vending Machine Market
6.2.4.5.1 Spain Industrial Vending Machine Market by End-use
6.2.4.5.2 Spain Industrial Vending Machine Market by Product
6.2.4.5.3 Spain Industrial Vending Machine Market by Type
6.2.4.6 Italy Industrial Vending Machine Market
6.2.4.6.1 Italy Industrial Vending Machine Market by End-use
6.2.4.6.2 Italy Industrial Vending Machine Market by Product
6.2.4.6.3 Italy Industrial Vending Machine Market by Type
6.2.4.7 Rest of Europe Industrial Vending Machine Market
6.2.4.7.1 Rest of Europe Industrial Vending Machine Market by End-use
6.2.4.7.2 Rest of Europe Industrial Vending Machine Market by Product
6.2.4.7.3 Rest of Europe Industrial Vending Machine Market by Type
6.3 Asia Pacific Industrial Vending Machine Market
6.3.1 Asia Pacific Industrial Vending Machine Market by End-use
6.3.1.1 Asia Pacific Manufacturing Market by Country
6.3.1.2 Asia Pacific Oil & Gas Market by Country
6.3.1.3 Asia Pacific Construction Market by Country
6.3.1.4 Asia Pacific Aerospace Market by Country
6.3.1.5 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Industrial Vending Machine Market by Product
6.3.2.1 Asia Pacific Personal Protective Equipment (PPE) Market by Country
6.3.2.2 Asia Pacific Maintenance, Repair, & Operations (MRO) Tools Market by Country
6.3.2.3 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Industrial Vending Machine Market by Type
6.3.3.1 Asia Pacific Coil Vending Machine Market by Country
6.3.3.2 Asia Pacific Carousel Vending Machine Market by Country
6.3.3.3 Asia Pacific Cabinet Vending Machine Market by Country
6.3.3.4 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Industrial Vending Machine Market by Country
6.3.4.1 China Industrial Vending Machine Market
6.3.4.1.1 China Industrial Vending Machine Market by End-use
6.3.4.1.2 China Industrial Vending Machine Market by Product
6.3.4.1.3 China Industrial Vending Machine Market by Type
6.3.4.2 Japan Industrial Vending Machine Market
6.3.4.2.1 Japan Industrial Vending Machine Market by End-use
6.3.4.2.2 Japan Industrial Vending Machine Market by Product
6.3.4.2.3 Japan Industrial Vending Machine Market by Type
6.3.4.3 India Industrial Vending Machine Market
6.3.4.3.1 India Industrial Vending Machine Market by End-use
6.3.4.3.2 India Industrial Vending Machine Market by Product
6.3.4.3.3 India Industrial Vending Machine Market by Type
6.3.4.4 South Korea Industrial Vending Machine Market
6.3.4.4.1 South Korea Industrial Vending Machine Market by End-use
6.3.4.4.2 South Korea Industrial Vending Machine Market by Product
6.3.4.4.3 South Korea Industrial Vending Machine Market by Type
6.3.4.5 Singapore Industrial Vending Machine Market
6.3.4.5.1 Singapore Industrial Vending Machine Market by End-use
6.3.4.5.2 Singapore Industrial Vending Machine Market by Product
6.3.4.5.3 Singapore Industrial Vending Machine Market by Type
6.3.4.6 Malaysia Industrial Vending Machine Market
6.3.4.6.1 Malaysia Industrial Vending Machine Market by End-use
6.3.4.6.2 Malaysia Industrial Vending Machine Market by Product
6.3.4.6.3 Malaysia Industrial Vending Machine Market by Type
6.3.4.7 Rest of Asia Pacific Industrial Vending Machine Market
6.3.4.7.1 Rest of Asia Pacific Industrial Vending Machine Market by End-use
6.3.4.7.2 Rest of Asia Pacific Industrial Vending Machine Market by Product
6.3.4.7.3 Rest of Asia Pacific Industrial Vending Machine Market by Type
6.4 LAMEA Industrial Vending Machine Market
6.4.1 LAMEA Industrial Vending Machine Market by End-use
6.4.1.1 LAMEA Manufacturing Market by Country
6.4.1.2 LAMEA Oil & Gas Market by Country
6.4.1.3 LAMEA Construction Market by Country
6.4.1.4 LAMEA Aerospace Market by Country
6.4.1.5 LAMEA Others Market by Country
6.4.2 LAMEA Industrial Vending Machine Market by Product
6.4.2.1 LAMEA Personal Protective Equipment (PPE) Market by Country
6.4.2.2 LAMEA Maintenance, Repair, & Operations (MRO) Tools Market by Country
6.4.2.3 LAMEA Others Market by Country
6.4.3 LAMEA Industrial Vending Machine Market by Type
6.4.3.1 LAMEA Coil Vending Machine Market by Country
6.4.3.2 LAMEA Carousel Vending Machine Market by Country
6.4.3.3 LAMEA Cabinet Vending Machine Market by Country
6.4.3.4 LAMEA Others Market by Country
6.4.4 LAMEA Industrial Vending Machine Market by Country
6.4.4.1 Brazil Industrial Vending Machine Market
6.4.4.1.1 Brazil Industrial Vending Machine Market by End-use
6.4.4.1.2 Brazil Industrial Vending Machine Market by Product
6.4.4.1.3 Brazil Industrial Vending Machine Market by Type
6.4.4.2 Argentina Industrial Vending Machine Market
6.4.4.2.1 Argentina Industrial Vending Machine Market by End-use
6.4.4.2.2 Argentina Industrial Vending Machine Market by Product
6.4.4.2.3 Argentina Industrial Vending Machine Market by Type
6.4.4.3 UAE Industrial Vending Machine Market
6.4.4.3.1 UAE Industrial Vending Machine Market by End-use
6.4.4.3.2 UAE Industrial Vending Machine Market by Product
6.4.4.3.3 UAE Industrial Vending Machine Market by Type
6.4.4.4 Saudi Arabia Industrial Vending Machine Market
6.4.4.4.1 Saudi Arabia Industrial Vending Machine Market by End-use
6.4.4.4.2 Saudi Arabia Industrial Vending Machine Market by Product
6.4.4.4.3 Saudi Arabia Industrial Vending Machine Market by Type
6.4.4.5 South Africa Industrial Vending Machine Market
6.4.4.5.1 South Africa Industrial Vending Machine Market by End-use
6.4.4.5.2 South Africa Industrial Vending Machine Market by Product
6.4.4.5.3 South Africa Industrial Vending Machine Market by Type
6.4.4.6 Nigeria Industrial Vending Machine Market
6.4.4.6.1 Nigeria Industrial Vending Machine Market by End-use
6.4.4.6.2 Nigeria Industrial Vending Machine Market by Product
6.4.4.6.3 Nigeria Industrial Vending Machine Market by Type
6.4.4.7 Rest of LAMEA Industrial Vending Machine Market
6.4.4.7.1 Rest of LAMEA Industrial Vending Machine Market by End-use
6.4.4.7.2 Rest of LAMEA Industrial Vending Machine Market by Product
6.4.4.7.3 Rest of LAMEA Industrial Vending Machine Market by Type
Chapter 7. Company Profiles
7.1 Apex Industrial Technologies, LLC
7.1.1 Company Overview
7.2 AutoCrib, Inc. (Snap-on Incorporated)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 SecuraStock
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.4 CribMaster (Stanley Black & Decker, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Fastenal Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Recent strategies and developments:
7.5.3.1 Acquisition and Mergers:
7.6 IVM, Inc.
7.6.1 Company Overview
7.7 Rubix Group International Limited (Brammer)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 SupplyPro, Inc.
7.8.1 Company Overview
7.9 Silkron
7.9.1 Company Overview
7.10. Air Liquide S.A. (Airgas, Inc.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis

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