U.S. Retail Vending Machine Market Size & Outlook
U.S. retail vending machine market, 2018-2030 (US$M)
Related Markets
U.S. retail vending machine market highlights
- The U.S. retail vending machine market generated a revenue of USD 15,375.0 million in 2023 and is expected to reach USD 31,882.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11% 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 15,375.0 million |
| Market revenue in 2030 | USD 31,882.2 million |
| Growth rate | 11% (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, U.S. accounted for 25.1% 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 North America, U.S. retail vending machine market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,954.0 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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U.S. 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 44.31% in 2023. Horizon Databook has segmented the U.S. 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.
The demand for vending machines has risen in recent years, and with the advent of cashless payment methods, smart technology solutions are gaining traction on a massive scale throughout the U.S. Furthermore, increased disposable income and urbanization have fueled the expansion of the vending machine market.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. retail vending machine market , including forecasts for subscribers. This country databook contains high-level insights into U.S. retail vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. retail vending machine market size, by type, 2018-2030 (US$M)
U.S. Retail Vending Machine Market Outlook Share, 2023 & 2030 (US$M)
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