Market Forecast By Applications (Commercial Places, Offices, Public Places, Others), By Payment Mode (Cash, Cashless) And Competitive Landscape
Product Code: ETC043984 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India vending machines market import shipments showcased robust growth with a notable CAGR from 2020-2024. The market witnessed accelerated expansion between 2023 and 2024, indicating a significant uptrend. Overall, the market exhibited strong momentum and a clear upward trajectory during the period analyzed.
India vending machine market is estimated to expand at a 5.4% CAGR during the forecast period 2020-2026. The major factors driving the growth of this market are growing adoption of cashless transactions, increasing demand for food and beverages in airports & railway stations, emergence of smart technologies such as facial recognition technology and near field communication (NFC), rising disposable incomes, and increasing trend towards automation across different industries. However, high installation costs associated with machines may hinder the growth of India vending machine market during the forecast period.
The key players operating in Indian Vending Machine Market are Automatic Systems Private Limited (ASPL), GEM International Corporation Pvt Ltd., FASTQTECH Solutions Pvt Ltd., Flash Food Machines LLP., SVM Automation & Robotics Pte Ltd (SVMAR).
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 India Vending machines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vending machines Market Revenues & Volume, 2020 & 2030F |
3.3 India Vending machines Market - Industry Life Cycle |
3.4 India Vending machines Market - Porter's Five Forces |
3.5 India Vending machines Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.6 India Vending machines Market Revenues & Volume Share, By Payment Mode, 2020 & 2030F |
4 India Vending machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for on-the-go snacks and beverages due to changing consumer lifestyles |
4.2.2 Rising adoption of cashless payment methods driving convenience in vending machine transactions |
4.2.3 Growing focus on hygiene and contactless service in the post-COVID-19 era |
4.3 Market Restraints |
4.3.1 Initial high investment and installation costs for vending machine operators |
4.3.2 Lack of awareness and limited access to vending machine technology in certain regions |
4.3.3 Maintenance challenges and technical issues leading to downtime for vending machines |
5 India Vending machines Market Trends |
6 India Vending machines Market, By Types |
6.1 India Vending machines Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 India Vending machines Market Revenues & Volume, By Applications, 2020-2030F |
6.1.3 India Vending machines Market Revenues & Volume, By Commercial Places, 2020-2030F |
6.1.4 India Vending machines Market Revenues & Volume, By Offices, 2020-2030F |
6.1.5 India Vending machines Market Revenues & Volume, By Public Places, 2020-2030F |
6.1.6 India Vending machines Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Vending machines Market, By Payment Mode |
6.2.1 Overview and Analysis |
6.2.2 India Vending machines Market Revenues & Volume, By Cash, 2020-2030F |
6.2.3 India Vending machines Market Revenues & Volume, By Cashless, 2020-2030F |
7 India Vending machines Market Import-Export Trade Statistics |
7.1 India Vending machines Market Export to Major Countries |
7.2 India Vending machines Market Imports from Major Countries |
8 India Vending machines Market Key Performance Indicators |
8.1 Average number of daily transactions per vending machine |
8.2 Percentage of vending machines equipped with cashless payment options |
8.3 Customer satisfaction ratings for vending machine experience |
8.4 Average uptime percentage of vending machines |
8.5 Percentage increase in vending machine installations year-over-year |
9 India Vending machines Market - Opportunity Assessment |
9.1 India Vending machines Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.2 India Vending machines Market Opportunity Assessment, By Payment Mode, 2020 & 2030F |
10 India Vending machines Market - Competitive Landscape |
10.1 India Vending machines Market Revenue Share, By Companies, 2023 |
10.2 India Vending machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |