Global Vending Machine Market

The increasing need for downtime cost reduction in companies is expected to drive the growth of the market over the forecast period.

Global vending machine market. The vending machines are portable automatic machines that dispense different products when money is inserted. Due to hectic lifestyle is boosting the product sales. The vending machine market is predicted to surpass a revenue of over usd 30 billion by 2024 when the worldwide industry shipments are anticipated to register more than 14 gains according to a. For the forecast year up to 2029.

Growing demand for on the go snacks drinks etc. Global vending machine food and beverages market 2018 2022 the market research study identifies kellogg mondelez international nestle pepsico and the coca cola company as the leading. The global vending machine market size was valued at usd 30 30 billion in 2018 and is expected to register a cagr of 9 4 from 2019 to 2025. Global vending is proud to partner with three healthy food initiatives in the breakroom refreshment industry.

The global industrial vending machine market size is estimated to reach usd 4 6 billion by 2027 registering a cagr of 9 6 from 2020 to 2027 according to a new study by grand view research inc. The global vending machine market will grow by usd 9 82 bn during 2020 2024. The report delivers a market analysis framework old and future trends in the global transportation ticket vending machine tvm market as well as demand size trading supply competitors and. Pepsico s hello goodness nama s fitpick and vistar s good to go program.

The smart vending machine market segmented into north america europe asia pacific south america and middle east africa. The global vending machine market size is expected to reach 5 4 billion by 2023 rising at a market growth of 15 8 cagr during the forecast period. The global smart vending machine market size was valued at usd 12 30 billion in 2017 and is expected to register a cagr of over 16 7 from 2020 to 2027. Vending machine market analysis highlights the impact of covid 19 2020 2024.