The vending channel will experience steady growth over the forecast period in line with economic recovery. Consumers are tipped to increase their overall spending on non-essential items, including more food and drink purchases when away from home.
With food and drink being vital products for the vending channel, major trends in snacking and beverages will also shape the performance of this channel. Healthier or better-for-you alternatives are growing in demand across most food and drink categories, so the vending channel, which relies heavily on sales of these categories, will need to evolve and adapt to any change in consumer habits.
The introduction of new types of vending machines can help to widen the customer base. Some entrepreneurs are already trialling unconventional vending machines to reach more of their customers.
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Vending (automatic merchandising) is the sale of products at an unattended point of sale through a machine operated by introducing coins, bank notes, payment cards, tokens or other means of cashless payment. Sales figures cover vended products only (i.e. food, drink and other consumable goods such as vended tobacco, sanitary products and condoms). Services such as the public telephone, launderette facilities, travel tickets, stamps, passport photographs, domestic energy supplies and business card creation are excluded. Coverage includes vending systems installed in public and semi-captive environments only. Hotels, transport networks, recreational centres, shopping centres/malls are included. Factories, offices, hospitals, prisons, schools and other captive environments are excluded.
See all of our definitionsThis report originates from Passport, our Vending research and analysis database.
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