Argentina Retail Vending Machine Market Size & Outlook
Argentina retail vending machine market, 2018-2030 (US$M)
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Argentina retail vending machine market highlights
- The Argentina retail vending machine market generated a revenue of USD 675.4 million in 2023 and is expected to reach USD 1,267.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, beverage vending machines was the largest revenue generating type in 2023.
- Beauty & Personal Care Vending Machines is the most lucrative type segment registering the fastest growth during the forecast period.
Retail vending machine market data book summary
| Market revenue in 2023 | USD 675.4 million |
| Market revenue in 2030 | USD 1,267.7 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Beverage vending machines |
| Fastest growing segment | Beauty & Personal Care Vending Machines |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Vending Machines, Beverage Vending Machines, Games/Amusement Vending Machines, Tobacco Vending Machine, Candy & Confectionery Vending Machines, Beauty & Personal Care Vending Machines, Ticket Vending Machine |
| Key market players worldwide | Cantaloupe Inc, Sanden Corp, Fuji Electric Co Ltd, Azkoyen, Westomatic, Royal Vendors, Glory Global Solutions, Seaga Manufacturing, Sellmat |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global retail vending machine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil retail vending machine market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 1,267.7 million by 2030.
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Retail Vending Machine Market Scope
Retail Vending Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina retail 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 retail vending machine market will help companies and investors design strategic landscapes.
Beverage vending machines was the largest segment with a revenue share of 51.85% in 2023. Horizon Databook has segmented the Argentina retail vending machine market based on food vending machines, beverage vending machines, games/amusement vending machines, tobacco vending machine, candy & confectionery vending machines, beauty & personal care vending machines, ticket vending machine covering the revenue growth of each sub-segment from 2018 to 2030.
Vending machines are popular in Argentina as they provide a variety of refreshments in offices and corporate spaces. Vending machines with candy bars are also available in case of cravings. One may select from a variety of vending machine kinds to provide the staff and visitors with what they require.
Another advantage of having a vending machine on site is that it is a low-cost option to serve food and drinks to employees. There is no need to hire somebody to run or man a vending machine, unlike a canteen. Companies also do not have to pay for any additional space to set these up.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina retail vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina retail vending machine market size, by type, 2018-2030 (US$M)
Argentina Retail Vending Machine Market Outlook Share, 2023 & 2030 (US$M)
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