South Korea Industrial Vending Machine Market Size & Outlook
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South Korea industrial vending machine market highlights
- The South Korea industrial vending machine market generated a revenue of USD 40.9 million in 2024 and is expected to reach USD 62.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
- In terms of segment, coil vending machine was the largest revenue generating type in 2024.
- 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 2024 | USD 40.9 million |
| Market revenue in 2030 | USD 62.7 million |
| Growth rate | 7.6% (CAGR from 2025 to 2030) |
| Largest segment | Coil vending machine |
| Fastest growing segment | Carousel Vending Machine |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carousel Vending Machine, Coil Vending Machine, Cabinet Vending Machine, Other |
| Key market players worldwide | Snap-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, South Korea accounted for 1.2% of the global industrial vending machine market in 2024.
- 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 Scope
Industrial Vending Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fastenal Co | View profile | 23201 | 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500 | https://www.fastenal.com |
| Snap-on Inc | View profile | 13200 | 2801 80th Street, Kenosha, WI, United States, 53143 | https://www.snapon.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Berkshire Hathaway Inc Class B | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
South Korea 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 40.59% in 2024. Horizon Databook has segmented the South Korea 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 2018 to 2030.
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Target buyers of South Korea industrial vending machine market databook
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Our clientele includes a mix of industrial vending machine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea industrial vending machine market , including forecasts for subscribers. This country databook contains high-level insights into South Korea industrial vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea Type - Industrial Vending Machine Market size, 2024 - 2030 (US$M)
South Korea Industrial Vending Machine Market Outlook Share, 2024 & 2030 (US$M)
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