PUBLISHER: TechNavio | PRODUCT CODE: 1354545
PUBLISHER: TechNavio | PRODUCT CODE: 1354545
Industrial Vending Machine Market 2023-2027
The industrial vending machine market is forecasted to grow by USD 718.8 mn during 2022-2027, accelerating at a CAGR of 10.26% during the forecast period. The report on the industrial vending machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing manufacturing of FMCG, increasing demand for vending machines from the healthcare industry, and new product launches by vendors of industrial vending machines.
Market Scope | |
---|---|
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 9.83% |
CAGR | 10.26% |
Incremental Value | $718.8mn |
Technavio's industrial vending machine market is segmented as below:
By Product
By End-user
By Geographical Landscape
This study identifies the real-time data collection capabilities of intelligent vending machines as one of the prime reasons driving the industrial vending machine market growth during the next few years. Also, tie-ups between retailers and manufacturers and rising customization in industrial vending machines will lead to sizable demand in the market.
The report on the industrial vending machine market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial vending machine market vendors that include Air Liquide SA, Fastenal Co., IMC International Metalworking Companies B.V., IVM Inc., SecuraStock, Snap On Inc., Stanley Black and Decker Inc., SupplyPro Inc., TouchPoint Inc., and W.W. Grainger Inc.. Also, the industrial vending machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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