Germany Retail Vending Machine Market Size & Outlook
Germany retail vending machine market, 2018-2030 (US$M)
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Germany retail vending machine market highlights
- The Germany retail vending machine market generated a revenue of USD 3,274.1 million in 2023 and is expected to reach USD 7,120.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.7% 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 3,274.1 million |
| Market revenue in 2030 | USD 7,120.0 million |
| Growth rate | 11.7% (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, Germany accounted for 5.3% 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 Europe, France retail vending machine market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 6,813.0 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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Germany 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 42.71% in 2023. Horizon Databook has segmented the Germany 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.
Due to customers' busy lifestyle, there is a growing desire for on-the-go food and beverages, which is driving the demand for vending machines. The steady increase in the number of coffee drinkers in the country is expected to fuel market expansion.
The expanding popularity of coffee, as well as the rise of the business sector across Germany is predicted to boost demand for beverage vending machines. With strong prospects in the workplace, community buildings, retail outlets, and restaurants, the intelligent vending machine market in Germany appears to have a bright future.
The rising use of vending machines to improve consumer shopping experiences, as well as the growing demand for advanced vending machines with inventory and transaction management and digital advertising capabilities, are the main drivers of this market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into Germany retail vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany retail vending machine market size, by type, 2018-2030 (US$M)
Germany Retail Vending Machine Market Outlook Share, 2023 & 2030 (US$M)
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