The US vending machines market is anticipated to grow with a considerable CAGR of 5.3% during the forecast period (2020-2026). The growth of the market across the country will be majorly driven by the already established market of self-service technology. Additionally, the rapid adoption of innovations is also expected to significantly influence the US vending machine market. In addition to this, the installation of the vending machines by the confectionary companies to promote their product also provide a substantial market in the US.
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The consumption of beer and other alcohol-containing drinks is considerably high across the country. According to SAMHSA, over 65.5 billion beers were consumed, 13.7 billion glasses of wine, and 29.3 billion drinks of distilled spirits were consumed in the US each year. In April 2018, considering the trend of high alcohol consumption, a bill was passed by the house allowing businesses authorized to sell alcohol to operate self-serve machines capable of dispensing beer, hard cider with less than 6% alcohol content, and wine. Therefore, the availability of alcohol in the vending machine will drive the country’s vending machine market during the forecast period.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
Segment Covered-
· By Type
· By Product
· By Application
· Competitive Landscape- Apex Industrial Technologies, LLC, Cardinal Distributing Co. Inc., Crane Merchandising Systems, Luigi Lavazza SPA
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US Vending Machines Market Report Segment
By Type
· Traditional Vending Machines
· Micro Markets
By Product
· Food & Snacks
· Beverages
· Others
By Application
· Supermarket and Retail Stores
· Public Places
· Offices/Institutions
· Other
Company Profiles
· American Vending Machines, Inc.
· Apex Industrial Technologies, LLC.
· Cardinal Distributing Co. Inc.
· Crane Merchandising Systems (Crane Co.)
· Fuji Electric Co., Ltd.
· H. Betti Industries Inc.
· R.S. Hughes Co., Inc.
· Seaga Manufacturing Inc.
· Wurth Industry of North America LLC
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