Product Code: ETC043985 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vending machines are self-service devices that dispense items like food, beverages, cigarettes, and tickets after customers insert coins or bills. Thailand vending machine market is expected to witness a CAGR of 4.2% during the forecast period (2025-2031). The market growth can be attributed to the rising demand for convenience in accessing goods & services as well as increasing use of vending machines at public places.
The growing adoption of technology driven solutions such as automated kiosks and digital signage systems by retailers are driving the growth of the Thailand Vending Machine Market. Moreover, increasing urbanization coupled with an increasing number of working population has created a surge in demand for greater consumer convenience which consequently has led to higher sales figures from vending machines across Thailand. In addition to this, advancements in areas such as payment processing technologies and product monitoring have also been instrumental in boosting the popularity of vending machines among consumers over traditional outlets.
One major challenge faced by vendors operating in Thailand Vending Machines market is that it often requires significant capital investments when compared with other retail formats due to higher costs associated with installing new equipment along with making necessary modifications if needed.It is also difficult for companies operating within this space to secure potential locations due high competition from existing players who own larger networks throughout most parts of Thailand resulting into limited opportunities available for newcomers trying enter this market space.Furthermore, lack of proper maintenance or servicing can lead towards health hazards posed by these products making them vulnerable against longer term use leading towards reduced consumer confidence.
Due to COVID - 19 pandemic, there has been sudden sharp decline on sale on non essential items sold via Vending Machines owing mainly towards travel restrictions imposed on people travelling through different parts countries which resulted into decrease on footfall at public spaces where majority these devices are located including airports, hotels & shopping malls etc.As result many vendors were forced take severe measures order remain operational such as temporarily shutting down their operations so reduce cost expenses while others shifted focus more towards selling essential commodities only instead offering wide range items earlier intended before outbreak started.
Some key players operating within the Thailand Vending Machine Market include Fuji Electric Co., Ltd., Sanden Holdings Corporation, Seaga Manufacturing Inc., Azkoyen Group S.A., K&K Technology Co., Ltd.
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 Thailand Vending machines Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Vending machines Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Vending machines Market - Industry Life Cycle |
3.4 Thailand Vending machines Market - Porter's Five Forces |
3.5 Thailand Vending machines Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Thailand Vending machines Market Revenues & Volume Share, By Payment Mode, 2021 & 2031F |
4 Thailand Vending machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Vending machines Market Trends |
6 Thailand Vending machines Market, By Types |
6.1 Thailand Vending machines Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Thailand Vending machines Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Thailand Vending machines Market Revenues & Volume, By Commercial Places, 2021-2031F |
6.1.4 Thailand Vending machines Market Revenues & Volume, By Offices, 2021-2031F |
6.1.5 Thailand Vending machines Market Revenues & Volume, By Public Places, 2021-2031F |
6.1.6 Thailand Vending machines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Vending machines Market, By Payment Mode |
6.2.1 Overview and Analysis |
6.2.2 Thailand Vending machines Market Revenues & Volume, By Cash, 2021-2031F |
6.2.3 Thailand Vending machines Market Revenues & Volume, By Cashless, 2021-2031F |
7 Thailand Vending machines Market Import-Export Trade Statistics |
7.1 Thailand Vending machines Market Export to Major Countries |
7.2 Thailand Vending machines Market Imports from Major Countries |
8 Thailand Vending machines Market Key Performance Indicators |
9 Thailand Vending machines Market - Opportunity Assessment |
9.1 Thailand Vending machines Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Thailand Vending machines Market Opportunity Assessment, By Payment Mode, 2021 & 2031F |
10 Thailand Vending machines Market - Competitive Landscape |
10.1 Thailand Vending machines Market Revenue Share, By Companies, 2024 |
10.2 Thailand Vending machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |