Global vending machine market is projected to reach $7350 Million by 2025 | Valuates Reports
The Global Infant Formula market was 62610.46 million US$ in 2018 and is growing at a CAGR of 0.02% between 2019 and 2025.
This report presents the worldwide Vending Machine market size (value, production and consumption)
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
In the last several years, the development of vending machine is relative stable. In 2016, the global capacity of vending machine is nearly 2600 k units, while the actual production is about 2000 k units.
Beverage & Drink vending machine occupied about half of the total vending machine market. Among them, coffee vending machine is very popular in Europe. Besides, various foods vending machine are also common in office building, malls, airports, train stations and other places.
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In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Vending Machine.
The following manufacturers are covered in this report:
• Fuji Electric
• N&W Global Vending
• Azkoyen Group
• Bianchi Vending
• Royal Vendors
• Fushi Bingshan
• FAS International
• Deutsche Wurlitzer
Vending Machine Market Breakdown Data by Type
• OTHER GOODS
Vending Machine Market Breakdown Data by Application
• OFFICE BUILDING
• PUBLIC PLACES
Vending Machine Market Production by Region
• United States
• Other Regions