Global vending machines market is anticipated to grow with a modest CAGR of 6.3% during the forecast period (2020-2026). The advanced vending solutions and easy availability significantly aid in the growth of the global vending machine industry. Vending machines require low maintenance and also save employee cost, which is increasing its adoption among various retails sites.
In addition to this, vending machines are available in a wide variety across the market with multi-functional options or multiple machines serving a variety of products as per the consumer requirements. Due to this, a significant demand from corporates and other institutions are also recorded in the vending machine industry all across the globe. Vending machines are widely adopted in the corporate offices as it provides employees working in corporates with a wide selection of beverages, foods, and services to boost their morale and productivity.
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Global Vending Machines Market Report Segment
By Type
- Traditional Vending Machines
- Micro Markets
By Product
- Food & Snacks
- Beverages
- Others
By Application
- Supermarkets and Retail Stores
- Public Places
- Offices/Institutions
- Other
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