South Korea Industrial Vending Machine Market Size & Outlook
South Korea industrial vending machine market, 2017-2030 (US$M)
Related Markets
South Korea industrial vending machine market highlights
- The South Korea industrial vending machine market generated a revenue of USD 37.1 million in 2023 and is expected to reach USD 62.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.8% 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 2023 | USD 37.1 million |
| Market revenue in 2030 | USD 62.8 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Coil vending machine |
| Fastest growing segment | Carousel Vending Machine |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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 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 Scope
Industrial Vending Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 38.27% in 2023. 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 2017 to 2030.
- South Korea Industrial Vending Machine Type Outlook (Revenue, USD Million, 2017-2030)
- Carousel Vending Machine
- Coil Vending Machine
- Cabinet Vending Machine
- Other
- South Korea Industrial Vending Machine Product Outlook (Revenue, USD Million, 2017-2030)
- MRO Tools
- PPE
- Other
- South Korea Industrial Vending Machine End Use Outlook (Revenue, USD Million, 2017-2030)
- Manufacturing
- Oil & gas
- Construction
- Aerospace
- Other
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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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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 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea industrial vending machine market size, by type, 2017-2030 (US$M)
South Korea Industrial Vending Machine Market Outlook Share, 2023 & 2030 (US$M)
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