Europe Vending Machine Market To Reach $29.57 Billion By 2030

Europe Vending Machine Market Growth & Trends

The Europe vending machine market size is anticipated to reach USD 29.57 billion in 2030 and is projected to grow at a CAGR of 4.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. One of the primary factors driving the market’s growth is the rising demand for cashless vending machines. Smart vending machines are becoming increasingly common as these intelligent machines use an attention-getting interactive multi-media display to provide a wide choice of products to clients. Moreover, the growing popularity of unattended retail stores and its rising acceptance among consumers supports the market growth. Operators who invested in security tools, such as locking coolers and camera monitoring, have started placing them in semi-public and public-facing micro markets. This will be an interesting trend to watch, especially in the post-COVID-19 world, where consumers could seek out unattended retail options and contactless payments for safety reasons.

There has been an overall growth in the demand for healthy food and drink products in vending machines over the past few years. In 2017, according to a survey by IRI International, two-thirds (70%) of people across Europe bought healthy food with less salt, sugar, fat, and calories. This is an increase of 41% in just three years. In addition, vending machines have emerged in recent years as a favorable, cost-effective option for corporates to provide easy, around-the-clock access to food for their employees. Vending machines also provide a place for conversation, away from the cubicles, positively impacting the overall atmosphere of an office. Popular options, such as chips and soda, provide no nutritional value. However, healthy food options can encourage and motivate employees. Thus, vending machine operators are increasingly offering healthier food products. This also allows the operators to widen their product stock and boost sales.

Furthermore, the market is quickly adapting to the trend of cashless transactions, with a massive drive to replace (or update) coin-based machines and to integrate contactless terminals into the design of all new systems. Though chip-and-pin is widely used, it is contactless card payments that will continue to drive the trend of cashless payment forward. In 2018, MasterCard reported that almost 50% of all card payments in Europe were contactless and predicted that, by 2020, all point-of-sale terminals would allow contactless payment. According to the report on COVID-19 impact on vending published by EVA, 48% of operators saw a reduction in turnover in September 2020 between 21%-40%. It started to recover after many countries in the region lifted restrictions and allowed people to step out of their homes. Work-from-home was the major factor impacting the revenue generation of operators.

Over 80% of the vending machines (including hot beverages) are located in workplaces. Since many companies in the region are inclined toward 4 days/week working policy, they generated significant revenue before the pandemic but were severely impacted during the pandemic. However, the pandemic has created opportunities for new entrants, since micro markets require minimal physical contact. In November 2020, Grafenwoehr Exchange opened its first micro-market in Germany, Europe. The micro-market was opened in collaboration with Tasty Co., a mini convenience store with an open-rack display, reach-in coolers and freezers, and a self-checkout kiosk. The product portfolio varies from fresh fruits and vegetables to pre-made sandwiches and snacks. According to EVA, micro markets have now been reported in 13 of the 22 markets covered, with Sweden and Russia leading the way.

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Europe Vending Machine Market Report Highlights

• Based on type, the traditional vending machine segment dominated the European vending machine market with a revenue share of 77.1% in 2024

• The office segment held the largest revenue share of the vending machine market in 2024.

• The commercial places application segment is expected to register the fastest CAGR over the forecast period

• The cash payment segment led the market in 2024 and is estimated to grow at a CAGR of 4.2% from 2025 to 2030, as cash is still the predominant payment method in most European countries.

• Italy vending machine industry dominated the European vending machines market with a revenue share of 16.8% in 2024

Europe Vending Machine Market Segmentation

Grand View Research has segmented the Europe vending machine market report based on type, application, payment mode, and country.

Europe Vending Machine Type (Revenue, USD Billion, 2018 - 2030)

• Smart Vending Machine

• Traditional Vending Machine

Europe Vending Machine Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Commercial Places

• Offices

• Public Places

• Others

Europe Vending Machine Payment Mode Outlook (Revenue, USD Billion, 2018 - 2030)

• Cash Payment

• Cashless Payment

Europe Vending Machine Country Outlook (Revenue, USD Billion, 2018 - 2030)

• UK

• Germany

• France

• Italy

• Spain

List of Key Players in the Europe Vending Machine Market

• Selecta TMP AG

• Delikia Fresh

• Alliance Vending Services

• IVS Iberica

• Costa

• NVCS Ltd.

• Express Vending

• Nayax Ltd.

• Worldline

• ventopay GmbH

• On Track Innovations Ltd.

• CCV Group B.V.