| Product Code: ETC5522940 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Barbados continues to rely heavily on imports for its vending machines, with key suppliers in 2024 being Trinidad and Tobago, China, USA, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024, with a 26.6% increase from the previous year. This suggests a potential shift or expansion in the vending machine market in Barbados, signaling opportunities for both local businesses and foreign suppliers.


1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Vending machines Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Vending machines Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Vending machines Market - Industry Life Cycle |
3.4 Barbados Vending machines Market - Porter's Five Forces |
3.5 Barbados Vending machines Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Barbados Vending machines Market Revenues & Volume Share, By Payment Mode, 2021 & 2031F |
4 Barbados Vending machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on convenience and on-the-go consumption |
4.2.2 Rising demand for healthy and organic vending machine options |
4.2.3 Tourism industry growth leading to higher footfall in public places where vending machines are located |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs for vending machines |
4.3.2 Limited awareness and adoption of cashless payment options in Barbados |
4.3.3 Competition from traditional retail outlets offering similar products |
5 Barbados Vending machines Market Trends |
6 Barbados Vending machines Market Segmentations |
6.1 Barbados Vending machines Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Barbados Vending machines Market Revenues & Volume, By Commercial Places, 2021-2031F |
6.1.3 Barbados Vending machines Market Revenues & Volume, By Offices, 2021-2031F |
6.1.4 Barbados Vending machines Market Revenues & Volume, By Public Places, 2021-2031F |
6.1.5 Barbados Vending machines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Barbados Vending machines Market, By Payment Mode |
6.2.1 Overview and Analysis |
6.2.2 Barbados Vending machines Market Revenues & Volume, By Cash, 2021-2031F |
6.2.3 Barbados Vending machines Market Revenues & Volume, By Cashless, 2021-2031F |
7 Barbados Vending machines Market Import-Export Trade Statistics |
7.1 Barbados Vending machines Market Export to Major Countries |
7.2 Barbados Vending machines Market Imports from Major Countries |
8 Barbados Vending machines Market Key Performance Indicators |
8.1 Average daily transactions per vending machine |
8.2 Percentage of vending machines offering healthy snack options |
8.3 Percentage increase in revenue from tourism-related locations hosting vending machines |
9 Barbados Vending machines Market - Opportunity Assessment |
9.1 Barbados Vending machines Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Barbados Vending machines Market Opportunity Assessment, By Payment Mode, 2021 & 2031F |
10 Barbados Vending machines Market - Competitive Landscape |
10.1 Barbados Vending machines Market Revenue Share, By Companies, 2024 |
10.2 Barbados Vending machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |