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

Product Code: ETC002656 Publication Date: May 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Nigeria vending machine market is likely to register considerable growth over the coming years principally due to improving economic condition, rising demand for ready to eat food along with increased investment in the food and beverage industry in the country. Additionally, the Nigeria Smart City initiative introduced by the Nigerian government which aims to provide modern infrastructure to residents will further propel the demand for vending machines in these cities. Moreover, the Nigerian government also aims to attract a huge amount of tourists to the country. The rising number of tourists will further spur the growth of the vending machine market during the forecast period.

According to 6WresearchNigeria Vending Machine Market size is expected to witness considerable growth during 2020-2026. The growing tourism sector, rising number of supermarkets, specialty food stores and hypermarkets in the country, growing organized retail sector, changing lifestyle of consumers, evolving technology, as well as rapid urbanization, are some of the key growth drivers of the Nigeria vending machine market. However, the growth of the vending machine in Nigeria 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 in the beginning of the year 2021 in Nigeria and it may even take next few years to get back to the normal business conditions in the country.

In terms of product type, the vending machine market in Nigeria is segmented into beverages, snacks, chocolates and candies, tobacco and others. The snacks and beverages category leads the overall vending machine market sales in Nigeria due to a 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 Nigeria. 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 Nigeria vending machine market are Automated Merchandising Systems, Azkoyen Vending Systems, American Vending Machines, Continental Vending, Evoka Group, Bianchi Industry SpA, Bulk Vending Systems, Crane Merchandising Systems Inc, Fuji Electric Co., Ltd, Sanden Holdings Corporation and others. 

The Nigeria vending machine market report comprehensively covers the market by product types, by end-users, and by regions. The Nigeria vending machine market outlook report provides an unbiased and detailed analysis of the Nigeria vending machine market trends, Nigeria 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:

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

 Markets Covered

The Nigeria 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

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. Nigeria Vending Machine Market Overview

3.1 Nigeria Vending Machine Market Revenues and Volume, 2016-2026F

3.2 Nigeria Vending Machine Market  Revenue Share, By Product Types, 2019 & 2026F

3.3 Nigeria Vending Machine Market  Revenue Share, By End Users, 2019 & 2026F

3.4 Nigeria Vending Machine Market - Industry Life Cycle

3.5 Nigeria Vending Machine Market - Porter’s Five Forces

4. Nigeria Vending Machine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. Nigeria Vending Machine Market Trends

6. Nigeria Vending Machine Market Overview, By Product Types

6.1 Nigeria Vending Machine Market  Revenues and Volume, By Beverages, 2016-2026F

6.2 Nigeria Vending Machine Market  Revenues and Volume, By Snacks, 2016-2026F

6.4 Nigeria Vending Machine Market Revenues and Volume, By Chocolates and Candies, 2016-2026F

6.3 Nigeria Vending Machine Market Revenues and Volume, By Tobacco, 2016-2026F

6.4 Nigeria Vending Machine Market Revenues and Volume, By Others, 2016-2026F

7. Nigeria Vending Machine Market Overview, By End Users

7.1 Nigeria Vending Machine Market Revenue and Volumes, By QSR, 2016-2026F

7.2 Nigeria Vending Machine Market Revenue and Volumes, By Shopping Malls, 2016-2026F

7.3 Nigeria Vending Machine Market Revenue and Volumes, By Retail Stores, 2016-2026F

7.4 Nigeria Vending Machine Market Revenue and Volumes, By Offices and Institutions, 2016-2026F

7.5 Nigeria Vending Machine Market Revenue and Volumes, By Public Transport, 2016-2026F

7.6 Nigeria Vending Machine Market Revenue and Volumes, By Others, 2016-2026F

8. Nigeria Vending Machine Market Key Performance Indicators

9. Nigeria Vending Machine Market Opportunity Assessment

9.1 Nigeria Vending Machine Market Opportunity Assessment, By Product Types, 2026F

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

10. Nigeria Vending Machine Market Competitive Landscape

10.1 Nigeria Vending Machine Market By Companies, 2019

10.2 Nigeria Vending Machine Market Competitive Benchmarking, By Operating Parameters, 2019

11. Company Profiles

12. Key Strategic Recommendations

13. Disclaimer

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

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

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) 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 the 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 the Latin America) and competitive landscape

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