What is Global Coin-Operated Vending Machines Market?
The Global Coin-Operated Vending Machines Market is a sector that focuses on the production and distribution of vending machines that operate using coins. These machines are typically used to dispense a variety of products, ranging from snacks and beverages to newspapers and tickets. The market is vast and diverse, encompassing a wide range of industries and sectors. The value of the global coin-operated vending machines market in 2022 was US$ 4796.7 million, and it is projected to reach US$ 5995.7 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period from 2023 to 2029.
Beverage, Food, Others in the Global Coin-Operated Vending Machines Market:
The Global Coin-Operated Vending Machines Market is segmented based on the type of products they dispense. These include beverages, food, and other items. Beverage vending machines make up about 60% of the market, indicating their popularity and widespread use. These machines are commonly found in public places like shopping malls, airports, and office buildings, providing convenient access to a variety of drinks. Food vending machines, on the other hand, offer a range of snacks and meals, catering to consumers looking for quick and easy food options. The 'others' category includes vending machines that dispense a variety of products, from newspapers and magazines to tickets and even small electronic devices.
Business Center, Office Building, Transport Hub, Others in the Global Coin-Operated Vending Machines Market:
The usage of coin-operated vending machines varies across different areas. In business centers, these machines provide a convenient way for employees and visitors to access snacks, drinks, and other essentials without leaving the premises. They make up about 45% of the market in this area. Office buildings also make use of these machines, providing a quick and easy way for staff to grab a bite or a drink during their breaks. Transport hubs like airports and train stations are another major area of usage. Here, vending machines offer a convenient solution for travelers looking for a quick snack or drink. The 'others' category includes a variety of locations, from shopping malls and leisure centers to educational institutions.
Global Coin-Operated Vending Machines Market Outlook:
The global coin-operated vending machines market is dominated by Europe, which is the largest supplier with a production market share of nearly 30%. North America follows closely behind, with a production market share of nearly 27%. In terms of consumption, Europe leads the way again, with a consumption market share of nearly 29%. This indicates the high demand for coin-operated vending machines in these regions, driven by factors such as a high number of business centers, office buildings, and transport hubs, as well as a culture of convenience and on-the-go consumption.
| Report Metric | Details |
| Report Name | Coin-Operated Vending Machines Market |
| Accounted market size in 2022 | US$ 4796.7 million |
| Forecasted market size in 2029 | US$ 5995.7 million |
| CAGR | 3.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Fuji Electric, Sanden, Selecta, Royal Vendors, Crane, Azkoyen Group, Evoca, Sielaff, Bianchi Vending, Seaga, AMS, Jofemar, FAS International |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
