The UK vending machines market is anticipated to grow at a CAGR of 4.2% during the forecast period. High adoption of the vending machine among people in the country is one of the major factors for the significant market of vending machines in UK. As per NIVO Group, there was a vending machine for every 55 people in the country in 2018. By this, there were more than half a million vending machines already established in the country. Around 7 billion items are bought from vending machines each year in UK. In 2018, more than $1.7 billion revenue was generated from the vending machine which was 2.6% higher than in 2017 (in domestic currency). Besides, increasing cashless transactions in the country are also expected to drive the market; 45% of the transactions in 2018 were cashless in UK. 

The UK vending machines market is segmented based on type, product, and application. Based on the type, the market is sub-segmented into traditional vending machines and micro markets. Based on the products, the market is sub-segmented into food & snacks, beverages, and others. The beverage segment holds a major market share with a substantial growth rate in the country. Further, based on the application, the market is sub-segmented into supermarkets & retail stores, public places, offices or institutions, and others.

Azkoyen SA, Crane Merchandising Systems (Crane Co.), Evoca S.p.A, Luigi Lavazza SPA are some of the major companies operating in the country directly or through their different subsidiaries. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and new product launches, to stay competitive in the market. 

Research Methodology

The market study of the UK vending machines market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market to provide a better outlook. In the report, the country-level analysis is provided by analyzing various domestic players, country tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for vending machines manufacturers, vending machine product providers such as food, snacks, beverages (cold drink, packaged water, alcohol), manufacturer, distributor, start-ups, seed funders, venture capitalists, research organizations, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. UK Vending Machines Market Research and Analysis by Type
2. UK Vending Machine Market Research and Analysis by Product
3. UK Vending Machines Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the UK vending machines market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of the country’s regulations and other government policies impacting the UK vending machines industry.
• Insights about market determinants that are stimulating the UK vending machines market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.