Vending Machine Market Size, Share & Trends Analysis Report By Application (Offices, Commercial Places), By Payment Mode (Cashless, Cash), By Region (MEA, APAC, North America), And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global vending machine market size is expected to reach USD 56.96 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 9.4% over the forecast period. Improving standards of living, rising consumer disposable income levels, and demand for on-the-go meals and snacks are among the key factors responsible for market growth. Vending machines offer flexibility in terms of location i.e., indoor or outdoor and payment options and can be operated 24/7, which is also likely to boost their demand in offices and commercial places.

In addition, rising adoption of Internet-of-Things (IoT) is further projected to spur the market growth. Furthermore, continuous innovations, such as interactive display systems and cashless payment options, are anticipated to boost the product sales. In addition, advanced vending machines offer a number of products apart from hot and cold beverages, snacks, confectioneries, etc. For instance, in 2018, Pizza Deli 24/7 introduced a pizza vending machine that offers pizza in five flavors.

Rapidly expanding corporate sector across the globe will also boost the product demand over the forecasted period, as a number of companies are using vending machines to save costs and space and maintain cleanliness. Growing popularity of various cashless payment options across all sectors is also increasing the product sales. Many companies in the market are partnering with several payment service companies to add cashless payment options to their devices. For instance, American Food and Vending formed a partnership with PayRange to install contactless payment mode on its vending machines.

Further key findings from the study suggest:

• Asia Pacific led the global vending machine market in 2018 and is estimated to expand further at the fastest CAGR of 10.7% from 2019 to 2025

• Cashless segment is estimated to witness the fastest growth at a CAGR of 10.2% over the forecasted period

• Some of the key companies in the global market include Azkoyen Group; Cantaloupe Systems; Westomatic Vending Services Ltd.; Royal Vendors, Inc.; Glory Ltd.; and Sanden Holding Corp.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Vending Machine Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Vending Machine Market
                  3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Application Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Vending Machine Market: Application Estimates & Trend Analysis
                  5.1. Application Movement Analysis & Market Share, 2018 & 2025
                  5.2. Commercial Places
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Offices
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.4. Public Places
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.5. Others
                      5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Vending Machine Market: Payment Mode Estimates & Trend Analysis
                  6.1. Payment Mode Movement Analysis & Market Share, 2018 & 2025
                  6.2. Cash
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Cashless
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Vending Machine Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.2.4.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                      7.3.4. Italy
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.3.4.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                      7.3.5. U.K.
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million) 
                      7.4.4. China
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.4.4.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                      7.4.5. Japan
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.5.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.4.5.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                      7.5.4. Brazil
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.5.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.5.4.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
                      7.6.4. Saudi Arabia
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.6.4.2. Market estimates and forecast, by Application, 2015 - 2025 (USD Million)
                          7.6.4.3. Market estimates and forecast, by Payment Mode , 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                  9.1. Azkoyen Group
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Application Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Cantaloupe Systems
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Application Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Westomatic Vending Services Ltd.
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Application Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Royal Vendors, Inc.
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Application Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Glory Ltd.
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Application Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. Sanden Holding Corp. 
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Application Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. Seaga Manufacturing, Inc.
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Application Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Orasesta S.p.A
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Application Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Sellmat S.r.l.
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Application Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. Fuji Electric
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Application Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

1. Vending Machine - Key market driver analysis
2. Vending Machine - Key market restraint analysis
3. Global Commercial Places market estimates and forecast, 2015 - 2025 (USD Million)
4. Global Offices market estimates and forecast, 2015 - 2025 (USD Million)
5. Global Public Places market estimates and forecast, 2015 - 2025 (USD Million)
6. Global Others market estimates and forecast, 2015 - 2025 (USD Million)
7. Global Vending Machine market estimates and forecast for Cash, 2015 - 2025 (USD Million)
8. Global Vending Machine market estimates and forecast for Cashless, 2015 - 2025 (USD Million)
9. North America Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
10. North America Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
11. North America Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
12. U.S. Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
13. U.S. Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
14. U.S. Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
15. Europe Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
16. Europe Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
17. Europe Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
18. Italy Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
19. Italy Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
20. Italy Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
21. U.K. Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
22. U.K. Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
23. U.K. Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
24. APAC Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
25. APAC Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
26. APAC Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
27. China Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
28. China Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
29. China Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
30. Japan Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
31. Japan Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
32. Japan Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
33. CSA Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
34. CSA Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
35. CSA Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
36. Brazil Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
37. Brazil Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
38. Brazil Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
39. MEA Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
40. MEA Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
41. MEA Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
42. Saudi Arabia Vending Machine market estimates and forecast, 2015 - 2025 (USD Million)
43. Saudi Arabia Vending Machine market revenue estimates and forecast by Application, 2015 - 2025 (USD Million)
44. Saudi Arabia Vending Machine market revenue estimates and forecast by Payment Mode , 2015 - 2025 (USD Million)
45. Vendor landscape

List of Figures

1. Vending Machine market snapshot 
2. Vending Machine market segmentation & scope
3. Vending Machine market penetration & growth prospect mapping
4. Vending Machine value chain analysis
5. Vending Machine market dynamics
6. Vending Machine market Porter's analysis
7. Vending Machine market: Application movement analysis
8. Vending Machine market: Payment Mode movement analysis
9. Vending Machine market: Regional movement analysis