China Retail Vending Machine Market Size & Outlook
China retail vending machine market, 2018-2030 (US$M)
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China retail vending machine market highlights
- The China retail vending machine market generated a revenue of USD 4,794.9 million in 2024 and is expected to reach USD 6,568.9 million by 2030.
- The China market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, beverages vending machines was the largest revenue generating product in 2024.
- Snacks 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 4,794.9 million |
| Market revenue in 2030 | USD 6,568.9 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Beverages vending machines |
| Fastest growing segment | Snacks Vending Machines |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beverages Vending Machines, Snacks Vending Machines, Food Vending Machines, Frozen 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 |
Other key industry trends
- In terms of revenue, China accounted for 6.7% of the global retail vending machine market in 2024.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan retail vending machine market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,568.9 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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China 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 40.7% in 2024. Horizon Databook has segmented the China retail vending machine market based on beverages vending machines, snacks vending machines, food vending machines, frozen 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 2018 to 2030.
China has a high penetration of vending machines and it is expected to grow over the forecast period. By the end of 2019, there were 490-515 thousand machines in operation in China. East China had the highest market penetration rate where 40-43% machines were located, followed by North China, which was home to 26-28% vending machines.
Shanghai Online New Economy Development Plan (2020- 2022) released in April 2022 encourages contact-free delivery and new retail, such as smart takeout/package pickup lockers and vending machines in business parks, residential areas, school campus, and others.
China’s unmanned retail transaction volume keeps going up. According to surveys by PROCOOL, a commercial refrigerator supplier, in 2021, 83.6% of people are willing to continue shopping in unmanned stores, while only 4.8% are unwilling.
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Our clientele includes a mix of retail 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 China retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into China retail vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China retail vending machine market size, by product, 2018-2030 (US$M)
China Retail Vending Machine Market Outlook Share, 2024 & 2030 (US$M)
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