Typically, consumers tend to associate vending machines with groceries (snacks, soft drinks, hot drinks) along with meals such as salads and sandwiches. However, in Singapore, many merchants are going beyond by adopting the vending format for unconventional products, such as beauty and personal care, gold and even luxury cars.
Older vending machines tend to accept only cash payments in the form of coins and SGD2 notes. However, in line with the trend towards increased adoption of cashless payment methods by Singaporeans, many modern vending machines are now also able to accept non-cash methods of payments.
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Understand the latest market trends and future growth opportunities for the Vending industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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