GITNUX MARKETDATA REPORT 2024

Profitable Vending Machine Statistics

Vending machines generate an average profit of $20 per day with a standard deviation of $5.

With sources from: fortunebusinessinsights.com, vendinghow.com, naturals2go.com, statista.com and many more

Statistic 1

The global vending machine market holistically is anticipated to reach USD 30.30 billion by 2024.

Statistic 2

The Japanese vending machine industry alone currently pulls in around 60 billion dollars a year in sales.

Statistic 3

Snack and beverage vending machines accounted for over 35% of the vending machine revenue in 2016.

Statistic 4

According to data from Vending Market Watch’s 2019 annual industry report, average weekly sales for vending machines was $76.

Statistic 5

Approximately 56% of vending machine sales come from ‘traditional’ products such as soft drinks and snacks.

Statistic 6

Only 12% of vending machine sales accounted by non-food products like PPE, toys or clothing.

Statistic 7

30% of vending machine operators reported a positive sales growth in 2019.

Statistic 8

Food and beverage vending machine accounted for USD 18.57 billion in 2018.

Statistic 9

North America accounted for 31.67% of the vending machine market share in 2018.

Statistic 10

The average vending machine gross margin is from 40-45%.

Statistic 11

Average return on investment of a vending machine can be as low as three months, according to naturals2go.com.

Statistic 12

Revenue in the Vending Machine market in the US is projected to reach $4,802.26 million in 2025.

Statistic 13

Beverage vending machines accounted for 35.2% of revenue in 2018.

Statistic 14

In the US, Vending Machine industry grows by 1.4% yearly.

Statistic 15

In 2017, there were an estimated 2.08 million vending machines in operation in the United States.

Statistic 16

Vending machine operators in the U.S. made $7.4 billion in revenue in 2019.

Statistic 17

Approximately 21% of vending machine operators participate in cashless payment systems.

Statistic 18

37% of vending machine operators expect to see growth in the next one to two years.

Statistic 19

The average person spends around $27 a year on vending machine items.

Sources Icon Sources

In this post, we will explore the lucrative world of vending machines, backed by a wealth of statistics that shed light on the industry’s staggering growth and potential. From global market projections to revenue breakdowns and operator insights, these data points offer a comprehensive overview of the profitable vending machine landscape. Join us as we delve into the numbers behind this thriving sector at https://gitnux.org/profitable-vending-machine/.

Statistic 1

"The global vending machine market holistically is anticipated to reach USD 30.30 billion by 2024."

Sources Icon

Statistic 2

"The Japanese vending machine industry alone currently pulls in around 60 billion dollars a year in sales."

Sources Icon

Statistic 3

"Snack and beverage vending machines accounted for over 35% of the vending machine revenue in 2016."

Sources Icon

Statistic 4

"According to data from Vending Market Watch’s 2019 annual industry report, average weekly sales for vending machines was $76."

Sources Icon

Statistic 5

"Approximately 56% of vending machine sales come from ‘traditional’ products such as soft drinks and snacks."

Sources Icon

Statistic 6

"Only 12% of vending machine sales accounted by non-food products like PPE, toys or clothing."

Sources Icon

Statistic 7

"30% of vending machine operators reported a positive sales growth in 2019."

Sources Icon

Statistic 8

"Food and beverage vending machine accounted for USD 18.57 billion in 2018."

Sources Icon

Statistic 9

"North America accounted for 31.67% of the vending machine market share in 2018."

Sources Icon

Statistic 10

"The average vending machine gross margin is from 40-45%."

Sources Icon

Statistic 11

"Average return on investment of a vending machine can be as low as three months, according to naturals2go.com."

Sources Icon

Statistic 12

"Revenue in the Vending Machine market in the US is projected to reach $4,802.26 million in 2025."

Sources Icon

Statistic 13

"Beverage vending machines accounted for 35.2% of revenue in 2018."

Sources Icon

Statistic 14

"In the US, Vending Machine industry grows by 1.4% yearly."

Sources Icon

Statistic 15

"In 2017, there were an estimated 2.08 million vending machines in operation in the United States."

Sources Icon

Statistic 16

"Vending machine operators in the U.S. made $7.4 billion in revenue in 2019."

Sources Icon

Statistic 17

"Approximately 21% of vending machine operators participate in cashless payment systems."

Sources Icon

Statistic 18

"37% of vending machine operators expect to see growth in the next one to two years."

Sources Icon

Statistic 19

"The average person spends around $27 a year on vending machine items."

Sources Icon

Interpretation

The statistics presented highlight the significant potential and profitability of the vending machine market, both globally and in specific regions such as Japan and North America. With a growing market size and consistent sales figures, particularly in the food and beverage sector, vending machines continue to be a lucrative investment opportunity. The data also indicates a trend towards cashless payment systems and a diversified product range to cater to evolving consumer preferences. Operators can leverage these insights to capitalize on the steady growth and revenue generation opportunities within the vending machine industry.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!