Vending Machine Operators in the US - Industry Market Research Report

Vending Machine Operators in the US - Industry Market Research Report

  • July 2021 •
  • 40 pages •
  • Report ID: 198452 •
  • Format: PDF
Unhealthy habits: Increased external competition will likely hurt industry revenue

Abstract

Vending Machine Operators in the US
The Vending Machine Operators industry has struggled recently. Over the five years to 2019, revenue is expected to decrease. This decline has been primarily caused by the stagnancy in per capita soda consumption and a high healthy eating index. However, this trend was slightly offset by rising per capita disposable income, most notably in 2015 and 2016, when the industry experienced growth. Additionally, a change in product mix toward healthier snacks, beverages and other food items, along with increasing use of technology, helped companies spur demand from new consumers. Over the five years to 2024, industry revenue is expected to continue declining. Slowly increasing per capita disposable income, combined with the increased use of vending machine technologies such as touch screens, remote monitoring systems and point-of-sale systems, is expected to cut into revenue. Companies are also expected to increasingly incorporate healthier products in machines to cater to consumer demands.

Vending machine operators provide and service automated machines that sell merchandise, primarily snack foods and soft drinks, but also cigarettes, newspapers and other goods. This industry does not include revenue from soft drink producers that operate their own vending machines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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