Market Share of Global Vending Machine Industry
The Global Vending Machine Market is moderately competitive and is expected to grow in competition during the forecast period owing to increasing demand for vending machines, which is expected to attract new players. Vendors operating in the market focus on bringing innovation to their products to gain a competitive edge. Some major players operating in the market include Westomatic Vending Services Ltd., Fuji Electric Company Ltd., Seaga Manufacturing Inc., and Royal Vendors Inc.
- May 2022 - RVM Systems, a Swedish vending machine company, announced that it would install a range of reverse vending machines that can consume 100 containers simultaneously in Singapore. The primary objective of these machines is to encourage people to dispose of unwanted plastic bottles and responsibly drink cans. These machines also dispense shopping rewards, ActiveSG credits, and other incentives.
- March 2022 - Andouillette, foie gras, or even ris de veau - a restaurant in France's Charente town had set up a vending machine to enable customers to buy fresh gourmet dishes.
Vending Machine Market Leaders
Westomatic Vending Services Ltd.
Fuji Electric Company Ltd.
Seaga Manufacturing, Inc.
Royal Vendors, Inc.
Azkoyen Vending Systems
*Disclaimer: Major Players sorted in no particular order
