Vending Machines Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Published on : May-2020 | List of Tables : 84 | List of Figures : 106 | No. of Pages : 170 | Report Code : FACT4807MR | Format :

Vending Machines Market Size and Outlook:

The retail sector is supply driven and this is a good time for large-scale grocers to re-evaluate their long term strategies. The world continues to be startled by the speed of technology. As vending machines maket their foray into the retail sector, the market is showing tremendous scope. Projected to be valued at US$ 12 Bn in 2020, the market is set to grow at a posiitve 6% during the forecast period.

The pandemic is expected to have an adversarial impact on the vending machines market with stringent lockdowns and reduced footfalls at malls and retail outlets. Shutting down of production facilities will further dampen demand for vending machines in the first few quarters of 2020. However, stringent social distancing protocols in the aftermath and rising preference for automated systems is expected to benefit the vending machines market in the long term.

Vending Machines Market Share Analysis by Application

Whilst the vending machines market has shown myriad trends over the last few years, a significant uptick in demand from the commercial sector has catalysed the growth of the market. Commercial applications of vending machines include corporate offices, shopping malls & retail stores. Corporate offices, which account for nearly one third share in the global vending machines market, are expected to show prominent growth during the forecast. Shopping malls & retail stores on the other hand will show the fastest growth, at a steady CAGR of nearly 5% during the forecast period.

Vending Machines Market Share Analysis by Region

East Asia is estimated to account for more than 30% share in the vending machines market. High usage and adoption of newer technologies in countries such as Japan has led to this region’s dominance in the vending machines market. Also, leading vending machine companies are strategically working on increasing their penetration in China. This move is expected to increase value proposition in the East Asia market. The region is anticipated to present high returns on short-term investments, and is projected to be a cash cow for key stakeholders in the long term forecast.

vending machines market 1

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Vending Machines Market Manufacturers: Competitive Strategies

The vending machines market is fragmented with top players accounting for one fourth of the revenue share in the market. Rapid expansion of the top players in foreign markets is expected to pave way for consolidation of the market. Key players in the market like Fuji Electric, Selecta TMP AG, The Vendo Group and Crane Merchandising Systems have been expanding their reach in the market to herald an era of true transformation in the retail-customer arena. Many have already started to strategize on expansion into other adjacencies such as healthcare and wellness items especially now at the height of the pandemic.

vending machines market 2

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COVID-19 Market Insights:

The Covid-19 pandemic has adversely impacted the consumer goods industry with national and regional lockdowns disrupting production and supply chains. It is possible that the effect on food and beverage firms will be complex, affecting both the demand and supply equations. And unlike other sectors, a change in consumer habits have led to increased demand for several categories of consumer goods as well as shifting brand preferences. At the same time, manufacturers are determining how best to tackle possible disruptions to the supply chain and capacity constraints that may prevent them from meeting evolving customer needs.

The vending machines market in particular also faced the impact of the Covid-19 crisis as demand was observed to dip in February and March compared to the demand in 2019 during those months. The decreasing demand of Vending Machines in 2020 can be understood under three scenarios: positive, pessimistic and probabilistic. Under the optimistic scenario, the global vending machines market is expected to decrease in the first, second and third quarter of 2020 under the Covid-19's strong impact, and demand may pick-up from the fourth quarter. On the other hand, under the probabilistic scenario, the market is expected to remain under doldrums until the end of the second quarter, affecting the sales of vending machines. Under the pessimistic scenario, demand is not anticipated to gain traction until after the first quarter of 2021.

Analyst’s Viewpoint:

The global vending machines market is poised to grow positively during the forecast period. Investments by leading players in differentiated offerings is expected to be highly supplemental to this growth.

Global Vending Machines Market: Scope of the Report:

The recent global vending machines market report by Fact.MR offers a 10-year forecast from 2020 to 2030. The report elaborates on the key drivers, restraints, opportunities and threats to the expansion of the global vending machines market. A detailed segmental analysis, based on vending type and use case, has been provided in the report.

Regional analysis in terms of supply chain analysis, business execution and market value analysis provides an in-depth perspective about the future scope of the global Vending Machines market. In addition, a separate section on market structure has also been provided. The section provides a detailed analysis of key market players and the strategies for expansion in the vending machines market. 

Vending Machines Market

Vending machines market is anticipated to witness a notable upsurge during the forecast period 2020 to 2030, conferring to a new Fact.MR study. The study promotes crucial trends that are presently determining the growth of vending machines market. This newly published and perceptive report sheds light on vital dynamics, which are likely to convert the future of vending machines market, in turn generating worthwhile opportunities for key companies as well as evolving players who are interested in the manufacturing of vending machines.

Vending machines market study is a detailed market intellect on key revenue progression factors, challenges, industry trends, and opportunities, which will eventually influence the growth of vending machines market. The report primarily conveys a summary of the vending machines market, considering present and upcoming consumer goods industry scenarios, to reveal striking sides relating to the acceptance of vending machines across prominent regional markets.

A detailed assessment on few of vending machines raw material suppliers accessible in the report allows the report readers to obtain detailed findings that have resulted from vending machines supply chain analysis, business execution, and value chain analysis across the regional markets incorporated in the report. A list of prominent companies functioning in vending machines market provided in the report enhances reliability of this ample research study.

Vending Machines Market: Report Summary and Scope

Study offers a comprehensive overview on diverse features that are inducing demand, revenue generation and sales in vending machines market across the globe.

A comprehensive estimate on vending machines market has also been made accessible by the experts, who have considered the market estimates on the basis of a likely scenario, an optimistic scenario, and a conservative scenario regarding sales of vending machines during the forecast period. Analysis and estimation of price point comparison by region and by product with the global average price has been included in this study.

Vending Machines Market: Segmentation

FactMR’s study has done the segmentation of vending machines market on the basis of vending type, use case and region.

Vending Type

Use Case

Region

Beverages Vending

Corporate offices

North America

Food  Products Vending

Shopping Malls and Retail Stores

Latin America

Confectionery Products Vending

Educational Institutions

Europe

Others Products Vending

Hotels & Restaurants

East Asia

 

Others

South Asia & Oceania

 

 

MEA

 

 

 

Vending Machines Market: Analysis on Market Size Evaluation

Predictions of vending machines market, encompassing current as well as forthcoming projected values estimate and analysis on region-wise demand trends and price index have been assimilated in the report.

Market estimates at the regional and global scale for vending machines are available in terms of “US$ Mn.” A Y-o-Y growth contrast on prominent vending machines market segments, along with the market attractiveness valuation computes understandings brought in the report. Metrics mentioned above are also followed based on vending products where vending machines witness a steady demand.

Vending Machines Market: Scrutinized Assessment on Regional Segments

Weighted sections have been elaborated in the report on vending machines market, which delivers projection on the regional markets. These chapters brighten the regional macros (political economic, and business environment outlook), which are expected to have a significant impact on the growth of vending machines market during period of forecast.

Country-specific valuation on demand for vending machines has been offered for each regional market, along with the market scope estimate and forecast, price index, price point assessment, and impact analysis of dynamics of prominent regions and countries. For all regional markets Y-o-Y growth estimates have also been incorporated in the report.

Vending Machines Market: In-depth Analysis on Competitive Landscape

The report ends with a section on the competition scenario of vending machines market, along with the profiles of major companies contributing to the market expansion. Essential and up-to-date data as well as information correlated to the market performers, who principally engage in the production and supply of vending machines, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to plan preemptive steps to advance their businesses.

Company profiles have been shared with report, which exerts essentials such as product portfolio, along with an all-inclusive SWOT analysis on each player recognized along with the company policies identification and analysis. The company presence mapped and presented through the matrix for all the prominent players of the market functioning in vending machines market offers readers with actionable intellect, which helps in thoughtfully presenting the market status, and making decisive predictions on the competition levels in vending machines market. Major companies operating in global Vending Machines market, include The Vendo Company, Crane Merchandising Systems, Fuji Electric Co., Ltd., Azkoyen Group, Selecta TMP AG, Fastcorp Vending LLC, Bianchi Vending Group S.P.A., Westomatic Vending Services Ltd, Sielaff GmbH, Royal Vendors, Inc., and Jofemar Corporation.

Impact of Covid-19 on Vending Machines Market

The report includes a scenario based assessment of impact of Covid-19 across key regions for all four quarters of 2020. The report discusses the market forecast under optimistic, probabilistic and pessimistic scenario. Under the three scenarios, the demand loss and recovery has been illustrated and described through L-shaped and U-shaped recovery curves. Alongside, the Covid-19 impact has been benchmarked with previous crisis including sub-prime crisis and SARS pandemic. 

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Summary of Key Findings

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage 

        2.1.1. Taxonomy

    2.2. Market Definition

        2.2.1. Scope

        2.2.2. Limitations

3. Key Market Trends

    3.1. Risk Assessment 

        3.1.1. COVID-19 Crisis and Impact on Vending Machines Production, Demand and Prices

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis 

            3.1.2.1. Change in Vending Machines Demand and Consumption Growth

            3.1.2.2. Before and After COVID-19 Crisis (Projected)

            3.1.2.3. Before and after SARS Pandemic (Actual)

            3.1.2.4. Before and After Sub-prime Crisis - 2008 (Actual)

            3.1.2.5. Change in Demand post Recovery Period (After Each Crisis)

        3.1.3. Impact on Market Value (US$ Mn)

            3.1.3.1. Likely Loss of Value in 2020

            3.1.3.2. Mid-term and Long Term Forecast

            3.1.3.3. Quarter by Quarter Dip and Recovery Assessment 

        3.1.4. Anticipated Demand and Value Recovery Curve

            3.1.4.1. Likelihood of U-Shape Recovery

            3.1.4.2. Likelihood of L-Shape Recovery

        3.1.5. Recovery Period Assessment by Key Countries

        3.1.6. Recovery Assessment by Key Market Segments

4. Market Background

    4.1. Vending Machine Utilization Outlook

    4.2. Vending Machine 3-Year Share of Sales Analysis By Product Categories

    4.3. Vending Machine Market Acquisitions and Divestments Outlook

    4.4. Vending Machine Technology Investment Outlook

    4.5. Vending Ready-to-Drink Alcoholic Beverages

    4.6. Porter’s Five Forces Analysis

    4.7. Vending Machine Product Category Changes

    4.8. Global Vending Machine Market Scenario Forecast

    4.9. Investment Feasibility Matrix

    4.10. Vending Machine Market – Associated Risks

    4.11. Forecast Factors

        4.11.1. Growth in Raw Material Prices

        4.11.2. Top Companies Historical Growth

        4.11.3. Consumer Sentiment and Consumer Confidence Index

        4.11.4. Advertisement and promotional Cost

        4.11.5. Retail Sector GVA

    4.12. Market Dynamics

        4.12.1. Drivers

        4.12.2. Restraints

        4.12.3. Opportunity 

        4.12.4. Trends

5. Global Vending Machines Market Demand (US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030

    5.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

    5.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030, by Vending Type

    6.1. Current and Future Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Vending Type, 2020-2030

        6.1.1. Beverages Vending 

        6.1.2.  Food  Products Vending 

        6.1.3.  Confectionery Products Vending 

        6.1.4.  Others Products Vending

    6.2. Market Attractiveness Analysis By Vending Type

7. Global Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030, by Use case

    7.1. Current and Future Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Use case, 2020-2030

        7.1.1. Corporate offices 

        7.1.2.  Shopping Malls and Retail Stores 

        7.1.3.  Educational Institutions 

        7.1.4.  Hotels & Restaurants 

        7.1.5.  Others

    7.2. Market Attractiveness Analysis By Use case

8. Global Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030, by Region

    8.1. Current Market Size (US$ Mn) and Volume (‘000 Units) Analysis and Forecast By Region, 2020-2030

        8.1.1. North America

        8.1.2. Latin America

        8.1.3. Europe

        8.1.4. Middle East and Africa (MEA)

        8.1.5. East Asia

        8.1.6. South Asia & Oceania

    8.2. Market Attractiveness Analysis By Region

9. North America Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030

    9.1. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2020-2030

        9.1.1.  By Country

            9.1.1.1. U.S.

            9.1.1.2. Canada

        9.1.2. By Vending Type

        9.1.3. By Use case

    9.2. Market Attractiveness Analysis

        9.2.1. By Country

        9.2.2. By Vending Type

        9.2.3. By Use case

10. Latin America Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030

    10.1. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2020-2030

        10.1.1.  By Country

            10.1.1.1. Brazil

            10.1.1.2. Mexico

            10.1.1.3. Rest of Latin America

        10.1.2. By Vending Type

        10.1.3. By Use case

    10.2. Market Attractiveness Analysis

        10.2.1. By Country

        10.2.2. By Vending Type

        10.2.3. By Use case

11. Europe Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030

    11.1. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2020-2030

        11.1.1.  By Country

            11.1.1.1. Germany

            11.1.1.2. Italy

            11.1.1.3. France

            11.1.1.4. U.K.

            11.1.1.5. Spain

            11.1.1.6. Russia

            11.1.1.7. Rest of Europe

        11.1.2. By Vending Type

        11.1.3. By Use case

    11.2. Market Attractiveness Analysis

        11.2.1. By Country

        11.2.2. By Vending Type

        11.2.3. By Use case

12. South Asia & Oceania Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030

    12.1. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2020-2030

        12.1.1.  By Country

            12.1.1.1. India

            12.1.1.2. Australia

            12.1.1.3. New Zealand

            12.1.1.4. Rest of South Asia

        12.1.2. By Vending Type

        12.1.3. By Use case

    12.2. Market Attractiveness Analysis

        12.2.1. By Country

        12.2.2. By Vending Type

        12.2.3. By Use case

13. East Asia Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030

    13.1. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2020-2030

        13.1.1.  By Country

            13.1.1.1. China

            13.1.1.2. Japan

            13.1.1.3. South Korea

        13.1.2. By Vending Type

        13.1.3. By Use case

    13.2. Market Attractiveness Analysis

        13.2.1. By Country

        13.2.2. By Vending Type

        13.2.3. By Use case

14. Middle East and Africa Vending Machines Market Analysis 2015-2019 and Forecast 2020-2030

    14.1. Market Size (US$ Mn) and Volume (‘000 Units) Forecast By Market Taxonomy, 2020-2030

        14.1.1.  By Country

            14.1.1.1. GCC Countries

            14.1.1.2. Turkey

            14.1.1.3. Rest of Middle East and Africa

        14.1.2. By Vending Type

        14.1.3. By Use case

    14.2. Market Attractiveness Analysis

        14.2.1. By Country

        14.2.2. By Vending Type

        14.2.3. By Use case

15. Vending Machines Market Analysis 2020 and 2030, Country Analysis

    15.1. U.S. Vending Machines Market

        15.1.1. Market Share Analysis by Market Taxonomy

            15.1.1.1. By Vending Type

            15.1.1.2. By Use case

    15.2. Canada Vending Machines Market

        15.2.1. Market Share Analysis by Market Taxonomy

            15.2.1.1. By Vending Type

            15.2.1.2. By Use case

    15.3. Brazil Vending Machines Market

        15.3.1. Market Share Analysis by Market Taxonomy

            15.3.1.1. By Vending Type

            15.3.1.2. By Use case

    15.4. Germany Vending Machines Market

        15.4.1. Market Share Analysis by Market Taxonomy

            15.4.1.1. By Vending Type

            15.4.1.2. By Use case

    15.5. Italy Vending Machines Market

        15.5.1. Market Share Analysis by Market Taxonomy

            15.5.1.1. By Vending Type

            15.5.1.2. By Use case

    15.6. France Vending Machines Market

        15.6.1. Market Share Analysis by Market Taxonomy

            15.6.1.1. By Vending Type

            15.6.1.2. By Use case

    15.7. U.K. Vending Machines Market

        15.7.1. Market Share Analysis by Market Taxonomy

            15.7.1.1. By Vending Type

            15.7.1.2. By Use case

    15.8. Spain Vending Machines Market

        15.8.1. Market Share Analysis by Market Taxonomy

            15.8.1.1. By Vending Type

            15.8.1.2. By Use case

    15.9. Russia Vending Machines Market

        15.9.1. Market Share Analysis by Market Taxonomy

            15.9.1.1. By Vending Type

            15.9.1.2. By Use case

    15.10. Japan Vending Machines Market

        15.10.1. Market Share Analysis by Market Taxonomy

            15.10.1.1. By Vending Type

            15.10.1.2. By Use case

    15.11. South Korea Vending Machines Market

        15.11.1. Market Share Analysis by Market Taxonomy

            15.11.1.1. By Vending Type

            15.11.1.2. By Use case

    15.12. India Vending Machines Market

        15.12.1. Market Share Analysis by Market Taxonomy

            15.12.1.1. By Vending Type

            15.12.1.2. By Use case

    15.13. Australia Vending Machines Market

        15.13.1. Market Share Analysis by Market Taxonomy

            15.13.1.1. By Vending Type

            15.13.1.2. By Use case

    15.14. GCC Countries Vending Machines Market

        15.14.1. Market Share Analysis by Market Taxonomy

            15.14.1.1. By Vending Type

            15.14.1.2. By Use case

    15.15. Turkey Vending Machines Market

        15.15.1. Market Share Analysis by Market Taxonomy

            15.15.1.1. By Vending Type

            15.15.1.2. By Use case

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Market Structure Analysis

    16.3. Company Share Analysis

    16.4. Competitors Market Footprint Matrix

    16.5. Key Players Market Presence, by Region

17. Competition Analysis

    17.1. The Vendo Company

        17.1.1. Overview

        17.1.2. Product Portfolio

        17.1.3. Sales Footprint

        17.1.4. Strategy Overview

    17.2. Crane Merchandising Systems

        17.2.1. Overview

        17.2.2. Product Portfolio

        17.2.3. Sales Footprint

        17.2.4. Strategy Overview

    17.3. Fuji Electric Co., Ltd.

        17.3.1. Overview

        17.3.2. Product Portfolio

        17.3.3. Sales Footprint

        17.3.4. Strategy Overview

    17.4. Azkoyen Group

        17.4.1. Overview

        17.4.2. Product Portfolio

        17.4.3. Sales Footprint

        17.4.4. Strategy Overview

    17.5. Selecta TMP AG

        17.5.1. Overview

        17.5.2. Product Portfolio

        17.5.3. Sales Footprint

        17.5.4. Strategy Overview

    17.6. Fastcorp Vending LLC

        17.6.1. Overview

        17.6.2. Product Portfolio

        17.6.3. Sales Footprint

        17.6.4. Strategy Overview

    17.7. Bianchi Vending Group S.P.A.

        17.7.1. Overview

        17.7.2. Product Portfolio

        17.7.3. Sales Footprint

        17.7.4. Strategy Overview

    17.8. Westomatic Vending Services Ltd

        17.8.1. Overview

        17.8.2. Product Portfolio

        17.8.3. Sales Footprint

        17.8.4. Strategy Overview

    17.9. Sielaff GmbH

        17.9.1. Overview

        17.9.2. Product Portfolio

        17.9.3. Sales Footprint

        17.9.4. Strategy Overview

    17.10. Royal Vendors, Inc.

        17.10.1. Overview

        17.10.2. Product Portfolio

        17.10.3. Sales Footprint

        17.10.4. Strategy Overview

    17.11. Jofemar Corporation

        17.11.1. Overview

        17.11.2. Product Portfolio

        17.11.3. Sales Footprint

        17.11.4. Strategy Overview

18. Appendix

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Vending Machines Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2030