China Industrial Vending Machine Market Size & Outlook

The industrial vending machine market in China is expected to reach a projected revenue of US$ 395.7 million by 2030. A compound annual growth rate of 11.1% is expected of China industrial vending machine market from 2024 to 2030.

Revenue, 2023 (US$M)
$189.6
Forecast, 2030 (US$M)
$395.7
CAGR, 2024 - 2030
11.1%
Report Coverage
China

China industrial vending machine market highlights

  • The China industrial vending machine market generated a revenue of USD 189.6 million in 2023 and is expected to reach USD 395.7 million by 2030.
  • The China market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
  • In terms of segment, coil vending machine was the largest revenue generating type in 2023.
  • Carousel Vending Machine is the most lucrative type segment registering the fastest growth during the forecast period.

Industrial vending machine market data book summary

Market revenue in 2023USD 189.6 million
Market revenue in 2030USD 395.7 million
Growth rate11.1% (CAGR from 2023 to 2030)
Largest segmentCoil vending machine
Fastest growing segmentCarousel Vending Machine
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCarousel Vending Machine, Coil Vending Machine, Cabinet Vending Machine, Other
Key market players worldwideSnap-on Inc, Thermo Fisher Scientific Inc, Berkshire Hathaway Inc Class B, Stanley Black & Decker, Fastenal Co, Air Liquide SA

Other key industry trends

  • In terms of revenue, China accounted for 6.3% of the global industrial vending machine market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan industrial vending machine market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 145.7 million by 2030.

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Industrial Vending Machine Market Companies

Name Profile # Employees HQ Website

China industrial vending machine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial vending machine market will help companies and investors design strategic landscapes.


Coil vending machine was the largest segment with a revenue share of 38.08% in 2023. Horizon Databook has segmented the China industrial vending machine market based on carousel vending machine, coil vending machine, cabinet vending machine, other covering the revenue growth of each sub-segment from 2017 to 2030.


  • China Industrial Vending Machine Type Outlook (Revenue, USD Million, 2017-2030)
    • Carousel Vending Machine
    • Coil Vending Machine
    • Cabinet Vending Machine
    • Other
  • China Industrial Vending Machine Product Outlook (Revenue, USD Million, 2017-2030)
    • MRO Tools
    • PPE
    • Other
  • China Industrial Vending Machine End Use Outlook (Revenue, USD Million, 2017-2030)
    • Manufacturing
    • Oil & gas
    • Construction
    • Aerospace
    • Other

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Horizon Databook provides a detailed overview of country-level data and insights on the China industrial vending machine market , including forecasts for subscribers. This country databook contains high-level insights into China industrial vending machine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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China industrial vending machine market size, by type, 2017-2030 (US$M)

China Industrial Vending Machine Market Outlook Share, 2023 & 2030 (US$M)

China industrial vending machine market size, by type, 2017-2030 (US$M)

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