Europe Vending Machine Market Introduction and Overview
According to SPER Market Research, the Europe Vending Machine Market is estimated to reach USD 43.97 Billion by 2033 with a CAGR of 9.21%.
The report includes an in-depth analysis of the Europe Vending Machine Market, including market size and trends, product mix, distribution channels and supplier analysis. Vending machines have grown omnipresent in our daily lives, providing a quick method to get snacks, beverages, and even commonplace things while on the go. With just a few touches or the insertion of coins, you may select from a variety of options, making them an easy solution to hunger pangs or cravings. Modern vending machines have progressed beyond typical snacks, now offering touch screens, cashless payment methods, and even healthier products, catering to a broader audience. Their presence in schools, businesses, and public spaces reflects our fast-paced lifestyle, offering a balance of accessibility and choice that integrates smoothly into our daily routines. Whether it's a late-night snack or a refreshing drink, vending machines provide fast enjoyment with little effort.
- In September 2021, Danfoss, a manufacturer of power-sustaining equipment such as motors, compressors, valves, pumps, and drives, has installed a second Orsymat vending machine from Wurth Industries Service GmbH & Co. to its Parchim, Germany, factory. In addition to complementing the existing equipment at the site, the Orsymat WGT distributes personal protective equipment. The unit's weighing system recognizes the removal of an item and allows for the removal of individual objects without packaging.
- In July 2021, Bristol, United Kingdom-based Costa Coffee, a Coca-Cola-owned network of coffee shops, has begun testing new self-service machines for hot and cold beverages. More than 500 hot and cold beverages, including cappuccino, iced vanilla latte, and iced fruit cordials, can be purchased from the new Costa Express machines. A company claims that The Coffee Express Hot & Iced Drinks Machine is the world's first integrated self-service coffee maker that can provide both hot and cold beverages.
Market Opportunities and Challenges
Opportunities: The Europe Vending Machine Market is rapidly expanding due to several factors. One of the key drivers of market growth is the growing demand for cashless vending machines. Smart vending machines are becoming more prevalent, since these clever machines use an eye-catching interactive multi-media display to offer clients a diverse range of products. Furthermore, the growing popularity of unattended retail outlets and consumer acceptability fuels industry growth. Operators that have invested in security solutions, such as locking coolers and video monitoring, have begun to deploy them in semi-public and public-facing micro markets. In recent years, there has been an increase in demand for healthy food and drink options in vending machines.
Challenges: The Europe Vending Machine Market confronts a number of hurdles that may impact its growth. Vending machines must follow strict rules governing food safety, labelling, and health standards, which can differ dramatically between nations and present obstacles to entry for new operators. In many urban locations, the market for vending machines is already saturated, resulting in severe rivalry and making it difficult for new entrants to achieve market share. As health consciousness grows, consumers demand better options, requiring operators to adapt their products and perhaps increasing operational complexity. Keeping up with technological innovations like cashless payment systems and smart vending solutions requires significant investment and continual upkeep. Supply chain concerns, especially during a crisis, can have an impact on the logistics of stocking and maintaining vending machines, reducing product availability and freshness.
Market Competitive Landscape
Europe Vending Market is a Competitive Market with prominent players like Selecta TMP AG; Delikia Fresh; Alliance Vending Services; IVS Iberica; Costa; NVCS Ltd.; Express Vending; Nayax Ltd.; Worldline; Ventopay GmbH; On Track Innovations Ltd; and CCV Group B.V. To stay relevant and competitive, the players in the market are innovative advance products and processes to cater their consumers’ evolving and complex needs.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Machine Type, By Food Type, By Application, By Payment Mode.
|
| Regions covered | Spain, UK, Italy, France, Other European Country.
|
| Companies Covered | Alliance Vending; CCV Group B.V; Costa; Delikia Fresh; Express Vending; IVS Iberica; NVCS Ltd; Nayax; On Track Innovation Ltd; Selecta TMP AG; Ventopay GmbH; Worldline. |
Covid-19 Impact on Europe Vending Machine Market
COVID had a tremendous impact on the vending machine sector in Europe, presenting both obstacles and opportunities. Lockdowns and social distancing tactics reduced foot traffic in public areas including schools, offices, and transportation hubs, resulting in fewer sales for many vending operators. Increased hygiene awareness caused consumers to be more careful when using shared equipment. This resulted in a desire for contactless payment choices and enhanced cleaning methods, necessitating more expenditure from operators. As more people worked from home, the demand for typical snack items decreased, while the demand for nutritious snacks, bottled water, and hygiene products increased significantly, forcing operators to broaden their offers. The epidemic produced severe supply chain disruptions, which impacted product availability.
Key Target Audience:
- Students
- Office Workers
- Travelers
- Event Attendees
- Late Night Consumers
Our in-depth analysis of the Europe Vending Machine Market includes the following segments:
| By Machine Type: | Traditional Vending MachineSmart Vending Machine |
| By Food Type: | Package FoodBeveragesOthers |
| By Application: | Commercial PlacesOfficesPublic PlacesOthers |
| By Payment Mode: | Cash PaymentCashless Payment |
Key Topics Covered in the report:
- Europe Vending Machine Market Size (FY’2024-FY’2033)
- Overview of Europe Vending Machine Market
- Segmentation of Europe Vending Machine Market By Machine Type (Traditional Vending Machine and Smart Vending Machine)
- Segmentation of Europe Vending Machine Market By Food Type (Package Food, Beverages and Others)
- Segmentation of Europe Vending Machine Market By Application (Commercial Places, Offices, Public Places and Others)
- Segmentation of Europe Vending Machine Market By Payment Mode (Cash Payment and Cashless Payments)
- Statistical Snap of Europe Vending Machine Market
- Expansion Analysis of Europe Vending Machine Market
- Problems and Obstacles in Europe Vending Machine Market
- Competitive Landscape in the Europe Vending Machine Market
- Impact of COVID-19 and Demonetization on Europe Vending Machine Market
- Details on Current Investment in Europe Vending Machine Market
- Competitive Analysis of Europe Vending Machine Market
- Prominent Players in the Europe Vending Machine Market
- SWOT Analysis of Europe Vending Machine Market
- Europe Vending Machine Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Vending Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Vending Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Vending Machine Market
7. Europe Vending Machine Market, By Machine Type (USD Million) 2020-2033
7.1. Europe Vending Machine Market Size, Share and Forecast, By Machine Type, 2020-2026
7.2. Europe Vending Machine Market Size, Share and Forecast, By Machine Type, 2027-2033
7.3. Traditional Vending Machine
7.4. Smart Vending Machine
8. Europe Vending Machine Market, By Food Type (USD Million) 2020-2033
8.1. Europe Vending Machine Market Size, Share and Forecast, By Food Type, 2020-2026
8.2. Europe Vending Machine Market Size, Share and Forecast, By Food Type, 2027-2033
8.3. Package Food
8.4. Beverages
8.5. Others
9. Europe Vending Machine Market, By Application (USD Million) 2020-2033
9.1. Europe Vending Machine Market Size, Share and Forecast, By Application, 2020-2026
9.2. Europe Vending Machine Market Size, Share and Forecast, By Application, 2027-2033
9.3. Commercial Places
9.4. Offices
9.5. Public Places
9.6. Others
10. Europe Vending Machine Market, By Payment Mode (USD Million) 2020-2033
10.1. Europe Vending Machine Market Size, Share and Forecast, By Payment Mode, 2020-2026
10.2. Europe Vending Machine Market Size, Share and Forecast, By Payment Mode, 2027-2033
10.3. Cash Payment
10.4. Cashless Payment
11. Europe Vending Machine Market Forecast, 2020-2033 (USD Million)
11.1. Europe Vending Machine Market Size and Market Share
12. Europe Vending Machine Market, By Region, 2020-2033 (USD Million)
12.1. Europe Vending Machine Market Size and Market Share By Region (2020-2026)
12.2. Europe Vending Machine Market Size and Market Share By Region (2027-2033)
12.3. Spain
12.4. UK
12.5. Italy
12.6. France
12.7. Other European Country
13. Company Profile
13.1. Alliance Vending
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. CCV Group B.V
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Costa
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Delikia Fresh
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Express Vending
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. IVS Iberica
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. NVCS Ltd
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Nayax Ltd
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. On Track Innovation Ltd
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Selecta TMP AG
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Ventopay GmbH
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Worldline
13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments
13.13. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
