Japan Vending Machine Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Japan Vending Machine Market Size- By Technology, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: MACH2428 | Pages: 1 - 108 | Formats*: |
| Category : Equipment and Machinery | |||
Japan Vending Machine Market Introduction and Overview
According to SPER Market Research, the Japan Vending Machine Market is estimated to reach USD 1208.95 million by 2033 with a CAGR 7.2%.
The report includes an in-depth analysis of the Japan Vending Machine Market, including market size and trends, product mix, distribution channels, and supplier analysis. Retailers can profit from a variety of vending machine advantages, such as improved consumer engagement and tailored services and product offerings. These devices can give businesses useful insights into the behavior and preferences of their customers, enabling them to customize their products to satisfy certain needs. They are also a wise investment in the cutthroat retail world of today since they can save expenses and increase operational efficiency for merchants. Additionally, they are accessible and convenient, enabling users to make purchases whenever they want without assistance from a human.
Market Opportunities and Challenges
Opportunities: The primary driver of market growth is the increasing demand for meals, drinks, and snacks that can be consumed on-the-go, which is a result of urban populations' changing lifestyles. For example, a 10.22% gain in fast-food orders in 2022 supported a rise in demand for quick on-the-go meal options. Additionally, with an estimated 4 million foreign tourists in 2022, there was a greater inclination for on-the-go snacking choices, which resulted in the growth of vending machines in Japan that sell ready-to-eat snacks and beverages. Furthermore, Traditional vending machines have been upgraded to become intelligent, interactive gadgets through the incorporation of cutting-edge technologies. Customers can enjoy the ease and security of cashless payment methods like contactless cards, mobile wallets, and digital currencies. Additionally, a lot of vending machine manufacturers are releasing new and improved devices in response to the growing demand for contactless payments, which is helping the Japanese vending machine business.
Challenges: Growing the market is severely hampered by the high initial and ongoing expenses of vending machines. When purchasing the software and hardware, end customers must commit significant financial resources. Although they can alter the hardware and software to suit their requirements, they can also contract out this modification to other vendors, which results in significant up-front expenses. Businesses must introduce cutting-edge items to survive the market's competitiveness, which calls for significant R&D spending. Nonetheless, even if producing them is exceedingly expensive, renting them is becoming more and more expensive year.
Market Competitive Landscape
The Vending Machine market in Japan is highly consolidated. Some of the market key players are Coca-Cola Bottlers Japan Inc., DyDo Group Holdings Inc., Fuji Electric Co. Ltd., Otsuka Wellness Vending Co. Ltd., Pokka Sapporo Food & Beverage Ltd., Suntory Holdings Limited, and others.
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 Technology, By Application |
| Regions covered | Eastern, Western, Southern, Northern |
| Companies Covered | Coca-Cola Bottlers Japan Inc., DyDo Group Holdings Inc., Fuji Electric Co. Ltd., Otsuka Wellness Vending Co. Ltd., Pokka Sapporo Food & Beverage Ltd., Suntory Holdings Limited, and others. |
COVID-19 Impact on Japan Vending Machine Market
The Japan vending machine market was severely hit by the COVID-19 outbreak. Reduced foot traffic in public areas like offices, schools, and transportation hubs presented challenges for businesses like Coca-Cola Bottlers Japan Inc., DyDo Group Holdings Inc., Fuji Electric Co. Ltd., Otsuka Wellness Vending Co. Ltd., Pokka Sapporo Food & Beverage Ltd., and Suntory Holdings Limited. Vending machine demand for snacks and beverages was directly impacted by this drop in customer traffic. In spite of these obstacles, the market saw attempts at adaption with the launch of contactless payment methods and improved sanitation practices to comfort customers.
Key Target Audience:
- Commuters
- Office Workers
- Students
- Tourists
- Convenience Seekers
Our in-depth analysis of the Japan Vending Machine Market includes the following segments:
| By Technology: |
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| By Application: |
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Key Topics Covered in the Report:
- Japan Vending Machine Market Size (FY’2024-FY’2033)
- Overview of Japan Vending Machine Market
- Segmentation of Japan Vending Machine Market By Technology (Automatic Machine, Semi-Automatic Machine, Smart Machine)
- Segmentation of Japan Vending Machine Market By Application (Corporate Offices, Shopping Malls and Retail Stores, Educational Institutions, Hotels and Restaurants, Others)
- Expansion Analysis of Japan Vending Machine Market
- Problems and Obstacles in Japan Vending Machine Market
- Competitive Landscape in the Japan Vending Machine Market
- Impact of COVID-19 and Demonetization on Japan Vending Machine Market
- Details on Current Investment in Japan Vending Machine Market
- Competitive Analysis of Japan Vending Machine Market
- Prominent Players in the Japan Vending Machine Market
- SWOT Analysis of Japan Vending Machine Market
- Japan Vending Machine Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Japan Vending Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Japan Vending Machine Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Vending Machine Market
7. Japan Vending Machine Market, By Technology (USD Million) 2020-2033
7.1. Japan Vending Machine Market Size, Share and Forecast, By Technology, 2020-20267.2. Japan Vending Machine Market Size, Share and Forecast, By Technology, 2027-20337.3. Automatic Machine7.4. Semi-Automatic Machine7.5. Smart Machine
8. Japan Vending Machine Market, By Application (USD Million) 2020-2033
8.1. Japan Vending Machine Market Size, Share and Forecast, By Application, 2020-20268.2. Japan Vending Machine Market Size, Share and Forecast, By Application, 2027-20338.3. Corporate Offices8.4. Shopping Malls and Retail Stores8.5. Educational Institutions8.6. Hotels and Restaurants8.7. Others
9. Japan Vending Machine Market Forecast, 2020-2033 (USD Million)
9.1. Japan Vending Machine Market Size and Market Share
10. Japan Vending Machine Market, By Region, 2020-2033 (USD Million)
10.1. Japan Vending Machine Market Size and Market Share By Region (2020-2026)10.2. Japan Vending Machine Market Size and Market Share By Region (2027-2033)10.3. Eastern Region10.4. Western Region10.5. Southern Region10.6. Northern Region
11. Company Profile
11.1. Coca-Cola Bottlers Japan Inc.
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. DyDo Group Holdings Inc.
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Fuji Electric Co. Ltd.
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Otsuka Wellness Vending Co. Ltd.
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Pokka Sapporo Food & Beverage Ltd.
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Suntory Holdings Limited.
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
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.
Frequently Asked Questions About This Report
Japan Vending Machine Market is projected to reach USD 1208.95 million by 2033, growing at a CAGR of 7.2% during the forecast period.
Japan Vending Machine Market grew in Market size from 2024. The Market is expected to reach USD 1208.95 million by 2033, at a CAGR of 7.2% during the forecast period.
Japan Vending Machine Market CAGR of 7.2% during the forecast period.
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Japan Vending Machine Market size is USD 1208.95 million from 2024 to 2033.
Japan Vending Machine Market is covered By Technology, By Application.
The Asia-Pacific is anticipated to have the highest Market share in the Japan Vending Machine Market.
The key players in the Market include Companies Covered Coca-Cola Bottlers Japan Inc., DyDo Group Holdings Inc., Fuji Electric Co. Ltd., Otsuka Wellness Vending Co. Ltd., Pokka Sapporo Food & Beverage Ltd., Suntory Holdings Limited, and others.
Retailers can profit from a variety of vending machine advantages, such as improved consumer engagement and tailored services and product offerings.
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