Global Vending Machine Market Growth 2023-2029

Global Vending Machine Market Growth 2023-2029

Vending machine is a machine that dispenses goods such as snacks, beverages, alcohol, cigarettes, tickets to customers automatically, after the customer inserts currency or credit into the machine.
Today, modern vending machine is the contactless payment-enabled vending machines that support both online payment and site payment. It can also calculate the amount of the sold products and send messages automatically when the products are going to be sold out.
LPI (LP Information)' newest research report, the “Vending Machine Industry Forecast” looks at past sales and reviews total world Vending Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Vending Machine sales for 2023 through 2029. With Vending Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vending Machine industry.
This Insight Report provides a comprehensive analysis of the global Vending Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vending Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vending Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vending Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vending Machine.
The global Vending Machine market size is projected to grow from US$ 6644 million in 2022 to US$ 8175.9 million in 2029; it is expected to grow at a CAGR of 8175.9 from 2023 to 2029.
The key manufacturters of global Vending Machine include Fuji Electric, Crane, SandenVendo and N&W Global Vending, with about 40% market shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Vending Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food
Cigarette
Ticket
Beverage & Drink
Other Goods
Segmentation by application
Factory
Office Building
Public Places
School
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fuji Electric
Crane
SandenVendo
N&W Global Vending
Sielaff
Azkoyen Group
Bianchi Vending
Royal Vendors
Selecta
Jofemar
Westomatic
Fushi Bingshan
Seaga
FAS International
Deutsche Wurlitzer
AMS
Aucma
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vending Machine market?
What factors are driving Vending Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vending Machine market opportunities vary by end market size?
How does Vending Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.