Crane Merchandising Systems

Vending Machine Market to Surpass US$ 12.57 Billion by 2022 as Manufacturers Foray into Retail Sector

Retrieved on: 
Tuesday, August 23, 2022
University, Food, Technology, Crane Merchandising Systems, Theft, Investment, Restaurant, NEW, Foundation, Fuji Electric, School, Nasdaq, Wish (platform), CAGR, Growth, Country, Retail, Soft drink

NEW YORK, Aug. 23, 2022 /PRNewswire/ -- The global vending machines market is anticipated to increase at a robust 5.7% CAGR between 2021 and 2031. As per the study, the market surpassed a value of US$12.57 billion in 2021.

Key Points: 
  • To offer more insights in a comprehensive way, the market is segmented on the basis of vending type, use case, and key regions.
  • NEW YORK, Aug. 23, 2022 /PRNewswire/ -- The global vending machines market is anticipated to increase at a robust 5.7% CAGR between 2021 and 2031.
  • Growing consumption of convenient and dispense goods including food, drinks, cigarettes, and other items is pushing the demand for vending machines.
  • In March 2022, One Step Vending Corp., specializing in emerging industries acquisitions with an emphasis in the self-serve vending market, announced its joint venture with Foundation Farms 2021, Corp.

Vending Machine Market to Surpass US$ 12.57 Billion by 2022 as Manufacturers Foray into Retail Sector

Retrieved on: 
Tuesday, August 23, 2022
University, Food, Technology, Crane Merchandising Systems, Theft, Investment, Restaurant, NEW, Foundation, Fuji Electric, School, Nasdaq, Wish (platform), CAGR, Growth, Country, Retail, Soft drink

NEW YORK, Aug. 23, 2022 /PRNewswire/ -- The global vending machines market is anticipated to increase at a robust 5.7% CAGR between 2021 and 2031. As per the study, the market surpassed a value of US$12.57 billion in 2021.

Key Points: 
  • To offer more insights in a comprehensive way, the market is segmented on the basis of vending type, use case, and key regions.
  • NEW YORK, Aug. 23, 2022 /PRNewswire/ -- The global vending machines market is anticipated to increase at a robust 5.7% CAGR between 2021 and 2031.
  • Growing consumption of convenient and dispense goods including food, drinks, cigarettes, and other items is pushing the demand for vending machines.
  • In March 2022, One Step Vending Corp., specializing in emerging industries acquisitions with an emphasis in the self-serve vending market, announced its joint venture with Foundation Farms 2021, Corp.