Vending machines have become an integral part of our lives, providing us with convenient access to snacks and beverages. With the vending machine industry growing rapidly in recent years, it is important to understand its size and scope. This blog post will provide a comprehensive overview of the global vending machine market by looking at various statistics from around the world. We’ll explore how many vending machines are currently operating in different countries, what types of products they offer, their average monthly revenue potentials, as well as other interesting facts about this ever-growing industry. So let’s dive into some key stats on the worldwide vending machine market.
This statistic is a testament to the sheer size of the vending machine industry in the United States. It speaks to the prevalence of vending machines in our society and the impact they have had on our lives. It is a powerful indicator of the industry’s success and a reminder of the importance of vending machines in our daily lives.
The global vending machine market was valued at $18.28 billion in 2020.
This statistic is a testament to the immense size and scope of the vending machine market. It highlights the fact that vending machines are a major player in the global economy, and that the industry is growing rapidly. It also serves as a reminder of the potential for businesses to capitalize on the vending machine market and its lucrative opportunities.
Vending Machine Industry Statistics Overview
The vending machine industry is expected to grow at a CAGR of 9.4% between 2021 and 2028.
This statistic is a testament to the potential of the vending machine industry, indicating that it is a sector that is likely to experience significant growth in the coming years. It is an important piece of information for anyone interested in the vending machine industry, as it provides an indication of the potential for success in the sector. Furthermore, it is a useful statistic to include in a blog post about vending machine industry statistics, as it provides readers with an insight into the current state of the industry and its potential for growth.
There are around 2,300 registered vending machine companies in Japan.
This statistic is a testament to the sheer size and scope of the vending machine industry in Japan. It speaks to the immense popularity of vending machines in the country, and the fact that there are so many companies registered to provide them is a clear indication of the industry’s success. This statistic is a powerful reminder of the importance of vending machines in Japan, and it serves as a great starting point for further exploration into the industry’s growth and development.
Japan has the world’s highest vending machine density with about 1 machine for every 23 people.
This statistic is a testament to the ubiquity of vending machines in Japan, highlighting the country’s commitment to convenience and accessibility. It speaks to the success of the vending machine industry in Japan, and serves as a benchmark for other countries to strive for.
As of 2014, about 1.4% of vending machine transactions were made with a debit or credit card.
This statistic is indicative of the changing landscape of the vending machine industry. It shows that more and more people are turning to debit and credit cards to make their purchases, rather than relying on cash. This shift in payment methods is likely to have a significant impact on the industry, as it will require vending machine operators to invest in new technology to accept card payments. As such, this statistic is an important one to consider when discussing the vending machine industry.
Companies with 100-249 employees have approximately 1 vending machine per 40 employees.
This statistic is a valuable insight into the Vending Machine Industry, as it provides a clear indication of the prevalence of vending machines in companies of a certain size. It demonstrates that, for companies with 100-249 employees, vending machines are a common feature, with an average of one machine per 40 employees. This information can be used to inform decisions about the potential success of vending machines in similar sized companies.
More than 60% of vending machine operators offer healthy snack options.
This statistic is a testament to the progress the vending machine industry has made in providing healthier snack options. It shows that the industry is taking steps to provide customers with more nutritious options, which is a positive development for the industry.
Annual vending machine industry revenue in the U.S. is approximately $8 billion.
This statistic is a testament to the sheer size and scope of the vending machine industry in the United States. It speaks to the immense popularity of vending machines and the amount of money they generate for businesses and consumers alike. It also serves as a reminder of the importance of the vending machine industry in the U.S. economy, and how it contributes to the overall economic health of the country.
The average product markup in vending machines ranges from 60% to 100%.
This statistic is a key indicator of the profitability of the vending machine industry. It reveals the extent to which operators are able to increase the prices of their products, allowing them to generate more revenue and ultimately, higher profits. Knowing the average product markup can help operators make informed decisions about pricing and product selection, enabling them to maximize their profits.
Approximately 27% of U.S. vending machine sales come from soda products.
This statistic is a telling indication of the prevalence of soda products in the vending machine industry. It speaks to the popularity of soda products among consumers, and the potential for vending machine operators to capitalize on this demand. Furthermore, it highlights the importance of stocking vending machines with soda products in order to maximize profits.
About 6% of vending machine buyings in the U.S. are influenced by a mobile app or web deals.
This statistic is a telling indication of the growing influence of mobile apps and web deals in the vending machine industry. It shows that the industry is adapting to the digital age and that customers are increasingly taking advantage of the convenience and discounts that these platforms offer. This statistic is an important piece of information for anyone looking to gain insight into the current state of the vending machine industry.
In 2020, the U.S. vending machine market reached estimated revenues of $6.56 billion.
This statistic is a testament to the immense success of the U.S. vending machine market in 2020, highlighting the industry’s impressive growth and profitability. It serves as a powerful reminder of the potential of the vending machine industry and the opportunities it presents for businesses and entrepreneurs. This statistic is an invaluable resource for anyone looking to gain insight into the vending machine industry and its current state.
The vending machine industry directly employs around 85,000 people in Europe.
This statistic is a testament to the importance of the vending machine industry in Europe, highlighting the sheer number of people it directly employs. It is a powerful reminder of the impact the industry has on the European economy and job market.
Conclusion
The vending machine industry is a rapidly growing sector, with the global market estimated to reach $18.28 billion in 2020 and projected to grow at a CAGR of 9.4% between 2021 and 2028. In the U.S., there are more than 5 million vending machines generating an annual revenue of approximately $8 billion from sales of snacks, beverages, healthy options, and other items such as soda products which account for 27% of total sales. The average product markup ranges from 60-100%, while 6% of buyings are influenced by mobile apps or web deals. Japan has the highest density with 1 machine per 23 people; Europe employs 85000 people directly related to this industry with combined annual turnover reaching €16.2 billion; meanwhile in 2020 reverse vending machines had a market size valued at $355 million globally and it’s expected that healthy vending will have 11 percent growth rate until 2027 .
References
0. – https://www.grandviewresearch.com
1. – https://www.vending-europe.eu
2. – https://www.jvma.or.jp
3. – https://www.ibisworld.com
4. – https://www.statista.com
5. – https://www.smallbusiness.chron.com
6. – https://www.japantimes.co.jp
7. – https://www.vendingmarketwatch.com
