About Vending Coffee Machine
Coffee vending machines are highly used to serve bean-to-cup, fresh brew, or instant coffee rapidly. The growing popularity of unmanned retail in developed and most developing countries in order to build customer-centric patterns has created significant growth for the market. Increasing the installation of coffee vending machines in restaurants, cafés, and hotels in various developing countries for dispensing and serving coffee rapidly to their customers will create a huge demand for coffee vending machines. Further, fully automatic coffee vending machines come with advanced technologies that allow customers to make digital payments and contactless transactions that will fuel the growth of the market in the near future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Vending Coffee Machine market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nandram Food Works (India), Godrej & Boyce (India), Nescafe (Nestle) (Switzerland), Azkoyen Group (Spain), Crane Merchandising Systems (United States), Fuji Electric (Japan), SandenVendo GmbH (Germany), Luigi Lavazza S.p.A. (Italy), Jofemar USA, Inc. (United States) and Saeco Professional (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Alois Dallmayr KG (Germany), Astra (United States) and FAS International S.R.L. (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Vending Coffee Machine market by Type (Bean-to-cup Vending Machines, Freshbrew Vending Machines and Instant Vending Machines) and Region.
On the basis of geography, the market of Vending Coffee Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Hotels will boost the Vending Coffee Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Stainless Steel will boost the Vending Coffee Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mounting Type, the sub-segment i.e. Floor Top will boost the Vending Coffee Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation Mode, the sub-segment i.e. Automatic will boost the Vending Coffee Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Automatic Coffee Vending Machines Due to the Rise of Unmanned Retail and Building Customer-centric Pattern and Increasing Integration of Distance Selection Technology for Cashless Payments and Cashless Transactions
Market Growth Drivers:
Growing Demand for Instant Coffee Vending for Use in Corporate Offices and Public Places for Rapidly Delivery of Coffee and Rising Coffee Consumption Among People Worldwide and Use of Self-service Kiosks at Restaurants
Challenges:
Slow Adoption of Coffee Vending Machines with Less Dispensing Capacity Among the End Users
Restraints:
High Cost of Maintenance Associated with Machinery Can Create Hurdles for the Market and Low Level of Maturity of Vending Machines, Security, and consumer habits are Some of the Major Obstacles for the Market That May Slow Down Installation in Public Places
Opportunities:
Significant Adoption of Various Types of Vending Machines in Japan Can Create Noteworthy Opportunities and Potential Growth of Vending Channel in Most Emerging Economies like China
Market Leaders and their expansionary development strategies
In October 2023, Italian coffee giant Lavazza announced a strategic partnership with Swiss vending solution provider Eversys to develop and distribute smart coffee machines specifically for the office environment.
In July 2022, The Coca-Cola Company, the soda company announced the launch of a new coffee vending machine, Costa Smart Cafes. The machine allows to provision of autonomous and barista-free coffee with the touch of a button. With this launch, the goal of the soda company is to step on Starbucks' toes and break out the boundaries to open new doors.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Coffee Vending Machine Manufacturers, Coffee Vending Machine Suppliers and Distributors, Regulatory Bodies, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.