Top 10 Vending Machine Companies in the World 2020 | Vending machine manufacturer

The top vending machine company in the world is Azkoyen Group — the company ranks number 1 on our list of the top 10 vending machine ...Blog,FactSheet,RetailTop10VendingMachineCompaniesintheWorld2020,TopVendingMachineBrands|VendingMachineIndustryFactsheet31AugCurrentStateofTop10VendingMachineCompaniesintheWorldTheglobalvendingmachinemarketsizeiscurrentlyvaluedatUSD30.3billion,ledbythetop10vendingmachinecompaniesintheworldin2020.Trendsshapingtheindustryincludethegrowingdemandforon-the-gosnacksanddrinksduetohecticlifestyles,whereeverythingfastisinhigh-demand.Thisfactsheetwillbreakdownwhothetop10vendingmachinecompaniesintheworldcurrentlyareandalsodiveintoadditionalvendingmachinebrandsperformingwellinthemarketin2020intermsofsalesandataB2Blevel.Thetopvendingmachinecompanyintheworldis AzkoyenGroup—thecompanyranksnumber1onourlistofthetop10vendingmachinecompanies.Thetop3isthenroundedoutbyR.S.HughesCo.,Inc.,andCraneMerchandisingSystems.Justhowmuchisthevendingmachineindustryworth?Howmuchdoestheaveragepersonspendonvendingmachinesayear?Whatarethetop10vendingmachinecompaniesintheworld?Asidefromthetop10,whatarethetopvendingmachinebrandsintheworld?Isthevendingmachinebusinessprofitable?VendingMachineIndustryStatsandTrendsTheglobalvendingmachinemarketsizeiscurrentlyvaluedatUSD30.3billion.TheglobalvendingmachinemarketisexpectedtoregisteraCAGRof9.4%by2025.Theprimaryfactorincreasinggrowthandproductsalesisthegrowingdemandforon-the-gosnacksanddrinksduetobusylifestyles.Technologicalinnovations,suchasfaceandvoicerecognition,interactivedisplaysystem,andbigdataintegration,makingtheproducteasierandmoreconvenienttousewillalsohaveapositiveimpactonthedemand.Americansspendabout$27perpersonperyearonitemsfromvendingmachinesandtheaveragetransactionisaround$1.75.Thereareabout15millionvendingmachinesworldwideandmanyofthevendingoperatorsarenowconsideringaddingconnectivity.Therearemillionsofvendingmachinesbeingoperatedthroughouttheworld,that’sbecausethebusinessisveryprofitablewiththerightconnections.Byr


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