Europe is one of the matured markets in terms of the adoption of self-servicing technology, such as vending machines. Vending machines are automatic machines that dispense different products when payment mode is inserted in the machine. The growing demand for cashless systems and connected devices among the younger generation across various European countries have surged the numbers of vending machine in this region. According to Renub Research; Europe Vending Machine Market will be more than US$ 25 Billion by the year 2025.
Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=europe-vending-machine-market-p.php
The factors that are driving this market are healthy economic condition, increasing purchase of healthy foods, rise of cashless payments. Besides, vending machine technology continues to offer the latest technologies like ID card identification, Face recognition to check buying customer’s history. The healthy economic condition of Europe is one of the main factors for executing self-services technology with its application in different industries. Although it has got some challenges like Food safety issues and low-power mode, Health and safety legislation is further hampering the market growth.
Renub Research report titled “Europe Vending Machine Market & Numbers by Category (Hot & Cold Beverages, Snack & Food) Machine, Country (Italy, France, Germany, United Kingdom, Spain, Netherlands and Rest of Europe), Company Analysis (Azkoyen Group, Honeywell International Inc., Aramark Corporation, Selecta, Compass Group and Compass Group, Plc)” provides a detailed analysis of Europe Vending Machine Market.
By Category; Hot Beverage Market is the leading category in Europe Vending Machine
This report covers the market, numbers and market share of the following Vending Machine Categories: Hot beverage machines, Cold-beverage machines, and Snacks machines. The number of vending machines used in Europe was XXXX Million units, and the number of vends increased by XXXX in 2018.
By Country; Italy dominates Europe Vending Machine Market among all other countries
In these sections, we have given complete insight into European countries' machine base, revenue, and number of vends of countries such as Italy, France, Germany, the United Kingdom, Spain, Netherlands, and the Rest of Europe. Besides, Italy is the also leading European manufacturer of Vending machines.
Request a free Brochure copy of the report: https://www.renub.com/request-brochure-page.php?gturl=europe-vending-machine-market-p.php
All the companies have been studied from two points
• Recent Developments
• Sales Analysis
Company Analysis
• Honeywell International Inc.
• Selecta, Compass Group
• Compass Group, Plc
• Aramark Corporation
• Azkoyen Group
Countries - Vending Machine Market
• Italy
• France
• Germany
• United Kingdom
• Spain
• Netherlands
• Rest of Europe
Categories - Market & Numbers of Europe Vending Machines
• Hot Beverage Machine
• Cold Beverage Machine
• Snack & Food Machine
Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email : [email protected]
Web: www.renub.com
Europe Vending Machine Market & Numbers by Category (Hot & Cold Beverages, Snack & Food) Machine, Country, Company Analysis (Azkoyen Group, Honeywell International Inc., Aramark Corporation, Selecta, Compass Group and Compass Group, Plc)” provides a detailed analysis of Europe Vending Machine Market.According to the European Association of Vending & Coffee Services (EVA), the country has about four million Vending machines.
In European countries, the deployment of these devices is proliferating due to the increase in the use of modern technologies to serve customers in various vertical industries.
Europe Vending Machine Market is expected to be US$ 25 Billion mark by the end of the year 2025.What is a Vending Machine?A vending machine is an electronic system that supplies customers with items such as food, drinks, cigarettes, and lottery tickets after inserting into the machine a credit card or a specially designed wallet.europe vending machine marketBrief History of Vending MachineIn the early 1880s, the first modern vending machines were built and dispensed postcards in England.
Percival Everitt invented the vending machine in 1883, and it soon became popular at railway-stations and post-offices, dispensing envelopes, postcards, and notepaper.Growth FactorsThe core factors that support market growth are; adoption of vending machines among European consumers, are convenience, flexibility, increasing demand for cashless systems in European region.
It is common to use food vending machines that provide healthy foods such as chips, cookies, cakes, and other such snacks.
Key player research is performed from multiple viewpoints that include market overview, revenue analysis & forecasts, the company's various strategies and the company's recent trend and development, etc.If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team.Key Topics Covered :1.
