Canada Retail Vending Machine Market Size & Outlook
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Canada retail vending machine market highlights
- The Canada retail vending machine market generated a revenue of USD 782.3 million in 2024 and is expected to reach USD 1,073.0 million by 2033.
- The Canada market is expected to grow at a CAGR of 3.6% from 2025 to 2033.
- In terms of segment, beverages vending machines was the largest revenue generating product in 2024.
- Beverages Vending Machines is the most lucrative product segment registering the fastest growth during the forecast period.
Retail vending machine market data book summary
| Market revenue in 2024 | USD 782.3 million |
| Market revenue in 2033 | USD 1,073.0 million |
| Growth rate | 3.6% (CAGR from 2025 to 2033) |
| Largest segment | Beverages vending machines |
| Fastest growing segment | Beverages Vending Machines |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beverages Vending Machines, Snacks Vending Machines, Food Vending Machines, Frozen Vending Machines, Tobacco Vending Machines, Games/Amusement Vending Machines, Beauty & Personal Care Vending Machines, Candy & Confectionery Vending Machines, Pharmaceuticals Vending Machines, Electronics Vending Machines, Book & Magazine Vending Machines |
| Key market players worldwide | Cantaloupe Inc, Sanden Corp, Fuji Electric Co Ltd, Azkoyen, Westomatic, Royal Vendors, Glory Global Solutions, Seaga Manufacturing, Sellmat, Selecta, Express Vending |
Other key industry trends
- In terms of revenue, Canada accounted for 1.1% of the global retail vending machine market in 2024.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. retail vending machine market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,073.0 million by 2033.
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Retail Vending Machine Market Scope
Retail Vending Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Express Vending | View profile | 251-500 | Hemel Hempstead, Hertford, United Kingdom, Europe | https://www.expressvending.co.uk |
| Selecta | View profile | 1001-5000 | Cham, Zug, Switzerland, Europe | http://www.selecta.com/ |
| Sellmat | View profile | 101-250 | Prato Sesia, Piemonte, Italy, Europe | https://www.sellmat.it |
| Seaga Manufacturing | View profile | 101-250 | Freeport, Illinois, United States, North America | http://www.seaga.com |
| Glory Global Solutions | View profile | 5001-10000 | Himeji, Hyogo, Japan, Asia | https://www.glory-global.com |
| Cantaloupe Inc | View profile | 300 | 100 Deerfield Lane, Suite 300, Malvern, PA, United States, 19355 | https://www.cantaloupe.com |
| Westomatic | View profile | 11-50 | Newton Abbot, Devon, United Kingdom, Europe | https://www.westomatic.com |
| Azkoyen | View profile | 501-1000 | Navarrés, Comunidad Valenciana, Spain, Europe | http://www.azkoyen.com/ |
| Royal Vendors | View profile | 251-500 | Kearneysville, West Virginia, United States, North America | http://royalvendors.com |
| Sanden Corp | View profile | 7873 | 20 Kotobuki-cho, Gunma, Isesaki, Japan, 372-8502 | https://www.sanden.co.jp |
| Fuji Electric Co Ltd | View profile | 30123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | http://www.fujielectric.co.jp |
Canada 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.
Beverages vending machines was the largest segment with a revenue share of 39.01% in 2024. Horizon Databook has segmented the Canada retail vending machine market based on beverages vending machines, snacks vending machines, food vending machines, frozen vending machines, tobacco vending machines, games/amusement vending machines, beauty & personal care vending machines, candy & confectionery vending machines, pharmaceuticals vending machines, electronics vending machines, book & magazine vending machines covering the revenue growth of each sub-segment from 2021 to 2033.
Constant technology advancements have prompted the vending machine sector to create more contemporary, on-the-go solutions that are in line with customer behavior trends. Furthermore, advancements such as speech recognition, interactive display systems, and big data integration have made vending machines more convenient and user-friendly for customers, resulting in a beneficial influence on market development.
Due to government initiatives to ease the tobacco and weed legalization in Canada, easy availability and rising consumption of tobacco products among the Canadian population is expected to drive the demand for tobacco vending machines.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into Canada retail vending machine market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada retail vending machine market size, by product, 2021-2033 (US$M)
Canada Retail Vending Machine Market Outlook Share, 2024 & 2033 (US$M)
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