Japan Retail Vending Machine Market Size & Outlook
Japan retail vending machine market, 2018-2030 (US$M)
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Japan retail vending machine market highlights
- The Japan retail vending machine market generated a revenue of USD 8,539.9 million in 2023 and is expected to reach USD 18,101.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.3% 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 8,539.9 million |
| Market revenue in 2030 | USD 18,101.8 million |
| Growth rate | 11.3% (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, Japan accounted for 13.9% 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 Asia Pacific, Japan retail 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 5,840.0 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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Japan 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 42.49% in 2023. Horizon Databook has segmented the Japan 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.
Japan has the highest density of vending machines worldwide; it has almost 1 machine for every 23 people in Japan. As of 2021, there were approximately 5 million vending machines in Japan. Japanese vending machines offer consumers a seemingly infinite variety of choices: different kinds of coffees, teas, mineral waters, juices, and even soups.
Japan has long been the world’s vending machine heartland, with more than 4 million machines offering everything from soft drinks and alcoholic drinks to food, cigarettes, and toys. Its penetration rate is nearly double that of the U.S. Coca-Cola Bottlers Japan Inc, which operates nearly a quarter of all Japan’s machines, says they are its single-most profitable channel.
Japan’s FamilyMart convenience store chain now operates ensembles of vending machines to provide a pared down range of best-selling goods in locations with low foot-traffic flows. Similarly, 7-Eleven has been experimenting with making some stores vending-machine only operations during the night to overcome the problem of finding staff willing to work late hours or the midnight shift.
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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 Japan retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into Japan retail vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan retail vending machine market size, by type, 2018-2030 (US$M)
Japan Retail Vending Machine Market Outlook Share, 2023 & 2030 (US$M)
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