UAE Vending Machine Market (2022-2028) | Value, Revenue, Growth, Forecast, Analysis, Outlook, Trends, Industry, Size, Share, Segmentation & COVID-19 IMPACT

Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others) and competitive landscape

Product Code: ETC002630 Publication Date: Dec 2022 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

United Arab Emirates (UAE) Vending Machine Market Competition 2023


United Arab Emirates (UAE) Export Potential Assessment For Vending Machine Market (USD Values in Thousand)


UAE Vending Machine Market Synopsis

The UAE vending machine market has increased exponentially in the last few years. With the introduction of these machines, many people have found a way for earning an income. This includes individuals who are looking for a way to diversify their skillset and the market and who are seeking a way to increase revenue. The UAE Vending Machine market is a part of the Middle East Vending Machine Market and the global vending machine market.

According to 6Wresearch, the UAE Vending Machine market size is likely to witness growth during 2022-28. This growth can be attributed to the increasing adoption of vending machines in various businesses across the country. In addition, the increasing demand for healthy and convenient food options is also likely to fuel the growth of this market. Further, increasing consumer spending and rising adoption of health and wellness services in the country will further boost market growth. Moreover, some of the key factors that are expected to foster the growth of this market include rising disposable income levels, growing consumer preference for healthy food options, and increasing investments by businesses in terms of vending machines.

Market Analysis By Product Type

In terms of type, the UAE vending machine market is categorized into beverages, snacks, chocolate and candies, tobacco and others. The snacks and beverages products account for the highest market share. This growth is attributed to several factors, such as increasing awareness about the benefits of vending machines and their various uses, the increased popularity of healthy eating habits, and increasing demand for convenience products. Additionally, the government's focus on developing infrastructure and promoting tourism will contribute to the market's growth. Further, vending machines are considered unhealthy due to the high content of sugar and calorie intake. However, there are several benefits of vending machines over food delivery services. First, vending machines provide a consistent quality product every time, regardless of location or time of day. Second, vending machines do not require seating which can be limiting in public venues such as schools and hospitals. Third, vending machines are easy to clean and maintain which enhances their visual appearance and reduces the risk of foodborne illnesses.

Market Analysis By Regulatory Framework

The regulatory environment in the UAE is complex and diverse. There are a number of different governmental agencies that have jurisdiction over various aspects of the vending machine industry, including health and safety, taxation, intellectual property rights, and consumer protection. Many of these agencies are subject to change or lack comprehensive legislation covering vending machines, which can create uncertainty for businesses operating in the UAE.  Additionally, there is a growing presence of foreign companies in the UAE vending machine market. These companies may be subject to different regulations than domestic players, which can create additional challenges for businesses operating in the UAE. Moreover, Several Regulations apply to the UAE vending machine market including Food Safety Law No 10 of 2009; Technical Specifications for Vending Machines Regulations No 20/2013; Consumer Protection Law No 8 of 2013; Hajj Travel & Tourism Regulations No 12 of 2017; Electronic Commerce Law No 6 of 2007. These Regulations have created an environment conducive to the growth of the UAE vending machine market by establishing standards for product quality, safety, consumer protection, and electronic transactions.

COVID-19 Influence on the UAE Vending Machine Market

The pandemic has resulted in a slowdown in market growth a few years back. However, the circumstances have upgraded gradually post-pandemic. Currently, the market has demonstrated substantial growth prospects. This growth can be attributed to the increasing adoption of vending machines in various businesses across the country. In addition, the increasing demand for healthy and convenient food options is also likely to fuel the growth of this market. Additionally, CPMs are growing at a faster pace due to their user-friendly features and ability to cater to a wide range of applications. Food dispensing machines are expected to register a higher growth rate in APAC owing to rising dietary concerns among consumers in this region.

Key Attractiveness of the Report

  • COVID-19 Influence on the Market
  • 8 Years of Market Numbers
  • Historical Numbers from 2018 to 2021.
  • Base Year: 2021
  • Forecast Data Until 2028
  • Key Performance Indicators Influencing the Market.
  • Key Upcoming Developments and Projects.

Key Highlights of the Report:

  • UAE Vending Machine Market Overview
  • UAE Vending Machine Market Outlook
  • UAE Vending Machine Market Forecast
  • Historical Data of UAE Vending Machine Market Revenues for the Period 2018-2021
  • UAE Vending Machine Market Size and UAE Vending machine Market Forecast of Revenues, Until 2028
  • Historical Data of UAE Vending Machine Market Revenues, By Product Type, for the period 2018-2028
  • Market Size & Forecast of UAE Vending Machine Market Revenues and Volumes, By Product Type, Until 2028.
  • Historical Data of UAE Vending Machine Market Revenues, By End Users, for the period 2018-2028
  • Market Size & Forecast of UAE Vending Machine Market Revenues and Volumes, By End Users, Until 2028.
  • Market Drivers and Restraints
  • UAE Vending Machine Market Trends and Industry Life Cycle
  • Market Opportunity Assessment
  • UAE Vending Machine Market Share, By Players
  • UAE Vending Machine Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Scope and Segmentation

The report delivers a widespread study of the subsequent market segments:

By Product Type:

  • Beverages
  • Snacks
  • Chocolate and Candies
  • Tobacco
  • Others

By End Users:

  • QSR
  • Shopping Malls
  • Retail Stores
  • Offices and Institutions
  • Public Transport
  • Others
UAE Vending Machine Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends, and KPIs into consideration.
In terms of product type, chocolate and candies along with beverages products accounted for the highest share due to growing tourism and the busy lifestyle of consumers.
In terms of end users, retail stores and shopping malls acquired the highest market revenue share in the UAE vending machine market due to increasing consumer awareness and spending, changing lifestyles, and rising healthcare costs.
The growth of the market is attributed to the increased popularity of healthy eating habits, and increasing demand for convenience products. Further, the government's focus on developing infrastructure and promoting tourism will spur market demand in future.
Some of the key trends are the increasing demand for healthy and convenient food options and rising consumer spending on health and wellness products.
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1. Executive Summary
2. Introduction
2.1  Report Description
2.2  Key Highlights
2.3  Market Scope & Segmentation
2.4  Research Methodology
2.5  Assumptions
3. Saudi Arabia Vending Machine Market Overview
3.1 Saudi Arabia Vending Machine Market Revenues and Volume, 2018-2028F
3.2 Saudi Arabia Vending Machine Market  Revenue Share, By Product Types, 2021 & 2028F
3.3 Saudi Arabia Vending Machine Market  Revenue Share, By End Users, 2021 & 2028F
3.4 Saudi Arabia Vending Machine Market - Industry Life Cycle
3.5 Saudi Arabia Vending Machine Market - Porter’s Five Forces
4. Saudi Arabia Vending Machine Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Saudi Arabia Vending Machine Market Trends
6. Saudi Arabia Vending Machine Market Overview, By Product Types
6.1 Saudi Arabia Vending Machine Market  Revenues and Volume, By Beverages, 2018-2028F
6.2 Saudi Arabia Vending Machine Market  Revenues and Volume, By Snacks, 2018-2028F
6.4 Saudi Arabia Vending Machine Market Revenues and Volume, By Chocolates and Candies, 2018-2028F
6.3 Saudi Arabia Vending Machine Market Revenues and Volume, By Tobacco, 2018-2028F
6.4 Saudi Arabia Vending Machine Market Revenues and Volume, By Others, 2018-2028F
7. Saudi Arabia Vending Machine Market Overview, By End Users
7.1 Saudi Arabia Vending Machine Market Revenue and Volumes, By QSR, 2018-2028F
7.2 Saudi Arabia Vending Machine Market Revenue and Volumes, By Shopping Malls, 2018-2028F
7.3 Saudi Arabia Vending Machine Market Revenue and Volumes, By Retail Stores, 2018-2028F
7.4 Saudi Arabia Vending Machine Market Revenue and Volumes, By Offices and Institutions, 2018-2028F
7.5 Saudi Arabia Vending Machine Market Revenue and Volumes, By Public Transport, 2018-2028F
7.6 Saudi Arabia Vending Machine Market Revenue and Volumes, By Others, 2018-2028F
8. Saudi Arabia Vending Machine Market Key Performance Indicators
9. Saudi Arabia Vending Machine Market Opportunity Assessment
9.1 Saudi Arabia Vending Machine Market Opportunity Assessment, By Product Types, 2028F
9.2 Saudi Arabia Vending Machine Market Opportunity Assessment, By End Users, 2028F
10. Saudi Arabia Vending Machine Market Competitive Landscape
10.1 Saudi Arabia Vending Machine Market By Companies, 2021
10.2 Saudi Arabia Vending Machine Market Competitive Benchmarking, By Operating Parameters, 2021
11. Company Profiles
12. Key Strategic Recommendations
13. Disclaimer
 

Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others) and competitive landscape

Product Code: ETC002630 Publication Date: May 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

UAE vending machine market is expected to register significant growth over the coming years primarily due to the emergence of a large number of food and beverage players, rapid urbanization, and changing lifestyles of consumers. Further, these machines are very convenient and provide goods at a faster rate, making it a preferred option for consumers to acquire eatables 24 by 7 at various locations in the UAE. Additionally, increasing expatriates and the growing number of the working population in the country would further spur the demand for the vending machine market in UAE over the coming years.

According to 6Wresearch, the UAE Vending Machine Market size is likely to witness considerable growth during 2020-2026. Increasing food consumption, rising spending on food products, a growing number of tourists and pilgrims, entry of new local and international food chains as well as busy lifestyle and changing food preferences of consumers are some of the key growth drivers of the vending machine market in UAE. However, the growth of the vending machine in UAE is likely to witness a slow down during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover at the beginning of the year 2021 in UAE.  

In terms of product type, the vending machine market in UAE is segmented into beverages, snacks, chocolates and candies, tobacco, and others. The snacks and beverages category together dominates the overall vending machine market sales in UAE due to the busy lifestyle and changing preference of consumers. Whereas, based on end-users, the vending machine market is segmented into QSR, shopping malls, & retail stores, offices, and institutions, public transport, and others. The QSR, shopping malls, and retail stores are witnessing significant growth in the vending machine market in UAE. Further, the pharmacy outlets are also recording significant growth in revenues due to the spread of the Covid-19 pandemic which has resulted in increased usage of vending machines across hospitals and other healthcare centers.

Some of the key players operating in the UAE vending machine market are Automated Merchandising Systems, Azkoyen Vending Systems, American Vending Machines, Continental Vending, Evoke Group, Bianchi Industry SpA, Bulk Vending Systems, Crane Merchandising Systems Inc, Fuji Electric Co., Ltd, Sanden Holdings Corporation and others. 

The UAE vending machine market report comprehensively covers the market by product types, by end-users, and by regions. The UAE vending machine market outlook report provides an unbiased and detailed analysis of the UAE vending machine market trendsUAE vending machine market share, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • UAE Vending Machine Market Overview
  • UAE Vending Machine Market Outlook
  • UAE Vending Machine Market Forecast
  • Historical Data of UAE Vending Machine Market Revenues for the Period 2016-2019
  • UAE Vending Machine Market Size and UAE Vending machine Market Forecast of Revenues, Until 2026
  • Historical Data of UAE Vending Machine Market Revenues, By Product Type, for the period 2016-2026
  • Market Size & Forecast of UAE Vending Machine Market Revenues and Volumes, By Product Type, Until 2026.
  • Historical Data of UAE Vending Machine Market Revenues, By End Users, for the period 2016-2026
  • Market Size & Forecast of UAE Vending Machine Market Revenues and Volumes, By End Users, Until 2026.
  • Market Drivers and Restraints
  • UAE Vending Machine Market Trends and Industry Life Cycle
  • Market Opportunity Assessment
  • UAE Vending Machine Market Share, By Players
  • UAE Vending Machine Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

 Markets Covered

The UAE vending machine market report provides a detailed analysis of the following market segments:

  • By Product Type:
    • Beverages
    • Snacks
    • Chocolate and Candies
    • Tobacco
    • Others

  • By End Users:
    • QSR
    • Shopping Malls
    • Retail Stores
    • Offices and Institutions
    • Public Transport
    • Others

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