India Vending Machine Market (2020-2026)

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

Product Code: ETC054277 Publication Date: Mar 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 68 No. of Figures: 11 No. of Tables: 2

India Vending Machine Market report comprehensively covers the market by product types and by end-users. The report provides an unbiased and detailed analysis of ongoing trends, share, opportunities, high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.

India Vending Machine Market Synopsis

India Vending Machine Market is expected to witness robust growth over the coming years on account of the growing retail industry and rapid urbanization. The Indian retail markets have transformed from traditional shops towards new organized retail formats and the emergence of shopping malls, supermarkets, hypermarkets, and convenience stores. Vending machines were first introduced in India in the government transportation and hospitality sector to provide convenience to consumers to procure essential products even during closed hours. Currently, vending machines are mainly used in India's retail sector. The majority of the vending machines operating in the country are being installed at airports, educational institutions, railway stations, offices, hospitals, petrol stations, malls, supermarkets, and hypermarkets. Moreover, demand for vending machines was decreased during 2020, on account of COVID-19 pandemic lockdowns and low public footfall in commercial and transportation complexes post lockdowns in the market. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, India Vending Machine Market size is projected to grow at CAGR of 14.9% during 2020-2026. Rising population, growing digitization, mobile-based cashless payment options increasing investment in the retail sector, raising awareness, and increasing consumers' purchasing power are key growth drivers of India's vending machine market. Additionally, the demand for vending machines will be primarily driven by the growth of organized retailing across malls and multiplexes, BPOs, IT, and ITES sectors in India during the forecast period. However, the vending machine's growth in India is anticipated to 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 2021 in some regions in India. In other regions of India, the market is likely to recover gradually over the next few years.

India Vending Machine Market

Market Analysis by Product Type

In terms of product type, India's vending machine market is categorized into beverages, snacks, chocolates and candies, etc. The snacks and beverages category together dominates India's overall vending machine market sales in 2019 due to modern-day consumers' busy lifestyles. Based on end-users, the vending machine market is segmented into QSR, shopping malls, & retail stores, offices, institutions, public transport, etc. The shopping malls and retail stores are leading the overall vending machine market sales in India.

Additionally, growing investment in public infrastructure and the organized retail sector's development would further drive the demand for India's vending machine market over the coming years. Additionally, 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.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects

Key Highlights of the Report

  • India Vending Machine Market Overview
  • India Vending Machine Market Outlook
  • India Vending Machine Market Forecast
  • Historical Data and Forecast of India Vending Machine Market Revenues for the Period 2016-2026.
  • Historical Market Data and Forecast of Revenues, by Product Type for the Period 2016-2026.
  • Historical Market Data and Forecast of Revenues, by End-users for the Period 2016-2026.
  • Market Drivers and Restraints
  • India Vending Machine Market Trends
  • Industry Life Cycle
  • Porter's Five Force Analysis
  • Market Opportunity Assessment
  • India Vending Machine Market Share, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

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

  • By Product Type
    • Beverages
    • Snacks
    • Chocolates and Candies
    • Others
  • By End Users
    • QSR
    • Shopping Malls
    • Retail Stores
    • Offices and Institutions
    • Public Transport
    • Others

 Frequently Asked Questions About the Market Study:

  • Does the report consider COVID-19 impact?
    The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
  • How much growth is expected in the India Vending Machine Market over the coming years?
    The India Vending Machine Market revenue is anticipated to record a CAGR of 14.9% during 2020-2026.
  • Which segment has captured key share of the market?
    Snacks and Beverage are the leading market segment in the overall market revenues in the year 2019.
  • Which segment is exhibited to gain traction over the forecast period?
    Shopping malls and retail stores is expected to record key growth throughout the forecast period 2020-2026.
  • Who are key the key players of the market?
    The key players of the market include- Automated Merchandising Systems, Azkoyen Vending Systems, American Vending Machines, Continental Vending, Evoca Group, Bulk Vending Systems, Crane Merchandising Systems Inc, Fuji Electric Co. Ltd., Sanden Holdings Corporation
  • Is customization available in the market study?
    Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements
  • We also want to have market reports for other countries/regions.
    6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Other Key Reports Available:

  • Latin America Vending Machine Market (2020-2026F)
  • Europe Vending Machine Market (2020-2026F)
  • Asia Pacific Vending Machine Market (2020-2026F)
  • Global Vending Machine Market (2020-2026F)

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. India Vending Machine Market Overview

3.1 India Vending Machine Market Revenues, 2016-2026F

3.2 India Vending Machine Market-Industry Life Cycle

3.3 India Vending Machine Market-Porter’s Five Forces

4. India Vending Machine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. India Vending Machine Market Trends

6. India Vending Machine Market Overview, By Product Type

6.1 India Vending Machine Market Revenue, By Product Type

6.2 India Vending Machine Market Revenues, By Product Type, 2016-2026F

6.2.1 India Vending Machine Market Revenues, By Beverages, 2016-2026F

6.2.2 India Vending Machine Market Revenues, By Snacks, 2016-2026F

6.2.3 India Vending Machine Market Revenues, By Chocolate and Candies, 2016-2026F

6.2.4 India Vending Machine Market Revenues, By Others, 2016-2026F

7. India Vending Machine Market Overview, By End Users

7.1 India Vending Machine Market Revenue Share, By End Users

7.2 India Vending Machine Market Revenues, By End Users, 2016-2026F

7.2.1 India Vending Machine Market Revenues, By QSR, 2016-2026F

7.2.2 India Vending Machine Market Revenues, By Shopping Malls, 2016-2026F

7.2.3 India Vending Machine Market Revenues, By Retail Stores, 2016-2026F

7.2.4 India Vending Machine Market Revenues, By Offices and Institutions, 2016-2026F

7.2.5 India Vending Machine Market Revenues, By Public Transport, 2016-2026F

7.2.6 India Vending Machine Market Revenues, By Others, 2016-2026F

8. India Vending Machine Market Key Performance Indicators

9. India Vending Machine Market Opportunity Assessment

9.1 India Vending Machine Market, Opportunity Assessment, By Product Type, 2026F

9.2 India Vending Machine Market, Opportunity Assessment, By End Users, 2026F

10. India Vending Machine Market Competitive Landscape

10.1 India Vending Machine Market Revenue Share, By Company, 2019

10.2 India Vending Machine Market Competitive Benchmarking

10.2.1 India Vending Machine Market Competitive Benchmarking, By Technical Parameters

10.2.2 India Vending Machine Market Competitive Benchmarking, By Operating Parameters

11. Company Profiles

11.1 Automated Merchandising Systems

11.2 Azkoyen Vending Systems

11.3 American Vending Machines

11.4 Continental Vending

11.5 Evoca Group

11.6 Evoca Group

11.7 Bulk Vending Systems

11.8 Crane Merchandising Systems Inc

11.9 Fuji Electric Co. Ltd.

11.10 Sanden Holdings Corporation

12. Key Strategic Recommendations

13. Disclaimer

List of Figures

1. India Vending Machine Market Revenues, 2016-2026F ($ Million)

2. Percentage of Indian population using Internet

3. Purchasing Power Parity of India (Local Currency Unit per USD)

4. GDP Per Capita of India 2018-2025 (US$)

5. India Vending Machine Market Revenue Share, By Product Type, 2019 & 2026F

6. India Vending Machine Market Revenue Share, By End Users, 2019 & 2026F

7. Total Number of Employees in Indian Retail (in Million)

8. India’s Retail Selling Space (in Million Square Meters)

9. India Vending Machine Market Opportunity Assessment, By Product Type, 2026F

10. India Vending Machine Market Opportunity Assessment, By End Users, 2026F

11. India Vending Machine Market Revenue Share, By Companies, 2019

List of Tables

1. India Vending Machine Market Revenues, By Product Type, 2016-2026F ($ Million)

2. India Vending Machine Market Revenues, By End Users, 2016-2026F ($ Million)

Middle East Vending Machine Market (2020-2026): Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others), By Countries (Saudi Arabia, UAE, Kuwait, Qatar, Turkey & Rest of the Middle East) and competitive landscape

Algeria Vending Machine Market (2020-2026): 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

UAE Vending Machine Market (2020-2026): 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

Saudi Arabia Vending Machine Market (2020-2026): 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

Qatar Vending Machine Market (2020-2026): 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

Kuwait Vending Machine Market (2020-2026): 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

Nigeria Vending Machine Market (2020-2026): 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

South Africa Vending Machine Market (2020-2026): 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

Asia Pacific (APAC) Vending Machine Market (2020-2026): Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others), By Countries (India, China, Japan, Indonesia, Malaysia, Australia, Thailand, rest of APACand competitive landscape

Europe Vending Machine Market (2020-2026): Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others), By Countries (U.K., Germany, Italy, France, Spain, Rest of Europe) and competitive landscape

Kenya Vending Machine Market (2020-2026): 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

Africa Vending Machine Market (2020-2026): Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others), By Countries (Kenya, Nigeria, Egypt, South Africa, Rest of Africa) and competitive landscape

Latin America Vending Machine Market (2020-2026): Market Forecast By Product Type (Beverages, Snacks, Chocolate and Candies, Tobacco & Others), By End Users (QSRShopping MallsRetail StoresOffices and InstitutionsPublic Transport & Others), By Countries (Mexico, Brazil, Chile, Argentina, Rest of Latin America) and competitive landscape

 
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