South Africa Retail Vending Machine Market Size & Outlook
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South Africa retail vending machine market highlights
- The South Africa retail vending machine market generated a revenue of USD 113.2 million in 2024 and is expected to reach USD 165.7 million by 2033.
- The South Africa market is expected to grow at a CAGR of 4.4% from 2025 to 2033.
- 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 113.2 million |
| Market revenue in 2033 | USD 165.7 million |
| Growth rate | 4.4% (CAGR from 2025 to 2033) |
| Largest segment | Beverages vending machines |
| Fastest growing segment | Snacks 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, South Africa accounted for 0.2% 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 Middle East & Africa, Saudi Arabia retail vending machine market is projected to lead the regional market in terms of revenue in 2033.
- Israel is the fastest growing regional market in Middle East & Africa and is projected to reach USD 146.5 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 |
South Africa 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 37.37% in 2024. Horizon Databook has segmented the South Africa 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.
The vending machine market in South Africa is expected to develop significantly in the next few years, owing to changing consumer lifestyles and increased snack and beverage consumption. Tourism plays a vital role in the South African economy, and the entry of foreign tourists also leads to the growth of vending machine market in the country.
In addition, expanding urbanization, a rising working population, as well as an increase in the number of supermarkets, hypermarkets, and sophisticated retail outlets, are set to boost the demand for vending machines in South Africa in the coming years.
Many manufacturers are focusing on launching new vending machines to attract more customers across the country. For instance, in April 2021, The MENstruation Foundation, a non-profit organization dedicated to alleviating "period poverty," launched Africa's first sanitary pad vending machine. The pads are locally produced and are biodegradable.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into South Africa retail vending machine market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Africa retail vending machine market size, by product, 2021-2033 (US$M)
South Africa Retail Vending Machine Market Outlook Share, 2024 & 2033 (US$M)
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